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Mumias Sugar huge demand
HaMaina
#2901 Posted : Friday, August 06, 2021 10:07:59 AM
Rank: Member


Joined: 4/23/2014
Posts: 852
I see a Caveat against the leasing in today's nation, page 9.Applause Applause
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
HaMaina
#2902 Posted : Thursday, September 02, 2021 9:19:00 AM
Rank: Member


Joined: 4/23/2014
Posts: 852
18 Months to the end of the COMESA Sugar safeguards.Shame on you Shame on you
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
Realtreaty
#2903 Posted : Sunday, September 05, 2021 10:29:07 PM
Rank: Elder


Joined: 8/16/2011
Posts: 2,126
Mumias still on handcuffs and politics of western will depend on this. It is still reeling in shame after the biggest theft by old govt operatives.

Western do not want no sense promises for votes.
HaMaina
#2904 Posted : Monday, September 06, 2021 9:45:29 AM
Rank: Member


Joined: 4/23/2014
Posts: 852
With Just One Factory, Rwanda Starts Exporting Sugar To Kenya
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
HaMaina
#2905 Posted : Tuesday, October 05, 2021 9:46:55 AM
Rank: Member


Joined: 4/23/2014
Posts: 852
The countdown continues, 17 Months to the end of the COMESA Sugar safeguards.Shame on you Shame on you Sad Sad
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
Tokyo
#2906 Posted : Wednesday, October 06, 2021 4:25:28 AM
Rank: Veteran


Joined: 10/9/2006
Posts: 1,499
Government should privatize sugar factories and get out soonest. Wondering what’s in store for us Mumias shareholders
work to prosper
Ericsson
#2907 Posted : Saturday, October 09, 2021 8:22:08 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,121
Location: NAIROBI
https://www.the-star.co....illion-receiver-manager/
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
HaMaina
#2908 Posted : Thursday, October 14, 2021 10:20:54 AM
Rank: Member


Joined: 4/23/2014
Posts: 852
Why Mumias Sugar Company bid by Mwale should be taken with caution
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
HaMaina
#2909 Posted : Thursday, October 14, 2021 10:34:21 AM
Rank: Member


Joined: 4/23/2014
Posts: 852
I wonder what's the idea behind leasing of Mumias Sugar? If its mismanagement, then the thieves are known, the stolen cash estimates are known, and those who authorized the thieves to receive the money are known. They should just be arrested and charged, assets liquidated to offset the lost funds. The Government should refinance the factory for the benefit of the farmers and community at large while the Anti-corruption authority follows the crooks.
Then again its a bit difficult for hyenas to eat hyenas.Shame on you Shame on you The factory is just too sweet a meal to look away. even the leasing of the other 5 factories has been forgotten while they scramble for a bite of Mumias.

“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
HaMaina
#2910 Posted : Monday, November 22, 2021 10:15:52 AM
Rank: Member


Joined: 4/23/2014
Posts: 852
KCB loses lenders row over Mumias takeover
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
HaMaina
#2911 Posted : Wednesday, December 01, 2021 1:07:05 PM
Rank: Member


Joined: 4/23/2014
Posts: 852
The countdown continues, 15 Months to the end of the COMESA Sugar safeguards.Yet nothing in regards to helping the sugar sector.
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
sparkly
#2912 Posted : Wednesday, December 01, 2021 3:39:26 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,016
Location: Enk are Nyirobi
HaMaina wrote:
The countdown continues, 15 Months to the end of the COMESA Sugar safeguards.Yet nothing in regards to helping the sugar sector.


Better competition from COMESA than the free for all cartel imports from South America.
Life is short. Live passionately.
HaMaina
#2913 Posted : Wednesday, December 15, 2021 10:22:58 AM
Rank: Member


Joined: 4/23/2014
Posts: 852
French lender, Ecobank seize Mumias from KCB
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
HaMaina
#2914 Posted : Wednesday, December 22, 2021 4:08:56 PM
Rank: Member


Joined: 4/23/2014
Posts: 852
Sarrai Group of India Secures Bid to run Mumias Sugar for 20 years
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
kmucheke
#2915 Posted : Thursday, December 23, 2021 3:08:20 PM
Rank: Member


Joined: 3/16/2019
Posts: 286



Sabi Rai owner of Sarrai Group is the cousin of Jaswant Rai of Rai Group.

LINK
HaMaina
#2916 Posted : Wednesday, January 05, 2022 4:14:39 PM
Rank: Member


Joined: 4/23/2014
Posts: 852
kmucheke wrote:



Sabi Rai owner of Sarrai Group is the cousin of Jaswant Rai of Rai Group.

LINK


Make the farmer king in Mumias

Court freezes Mumias lease in billionaires fight

This Mumias leasing process is just annoying, not forgetting there are 5 other sugar factories that require leasing b4 Feb next year.Shame on you Shame on you Sad
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
HaMaina
#2917 Posted : Wednesday, January 12, 2022 10:13:35 AM
Rank: Member


Joined: 4/23/2014
Posts: 852
Fresh Twist In Mumias Takeover As Ugandan Firm Gets Greenlight To Continue With Operations

The sugar industry revival in Kenya is just as organized as a pack of hyenas sharing a meal.Shame on you Shame on you
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
VituVingiSana
#2918 Posted : Thursday, January 13, 2022 9:39:04 AM
Rank: Chief


Joined: 1/3/2007
Posts: 17,667
Location: Nairobi
HaMaina wrote:
Fresh Twist In Mumias Takeover As Ugandan Firm Gets Greenlight To Continue With Operations

The sugar industry revival in Kenya is just as organized as a pack of hyenas sharing a meal.Shame on you Shame on you

Tumaz and Mwale are cons. It's better to have a legit operator sort out Mumias.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
HaMaina
#2919 Posted : Friday, January 14, 2022 3:22:58 PM
Rank: Member


Joined: 4/23/2014
Posts: 852
kmucheke wrote:



Sabi Rai owner of Sarrai Group is the cousin of Jaswant Rai of Rai Group.

LINK


Another rai purchase. Western Kenya is being sold off for peanuts, and the leaders and citizens just seem to be clapping and making merry, and listening/believing in the promises of politicians and their henchmen???

Billionaire Rai family buys PanPaper for Sh900m

Lets hope there shall be some sense when the leasing of the 5 government factories begins.

14 Months to the end of the COMESA Sugar safeguards.
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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