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Mumias Sugar huge demand
enyands
#1781 Posted : Friday, February 19, 2016 10:27:01 AM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
HaMaina wrote:
HaMaina wrote:
enyands wrote:
enyands wrote:
[quote=HaMaina]Moto umewaka leo.Moto ni kazi ya Yesu. Tuimbe Hallelujah, moto umewaka.

Kidero to know fate on Mumias claims

https://citizentv.co.ke/...n-mumias-claims-114798/[/quote]

Our courts is a circus place. Remember the hot case going on now where a suspect has an affidavit saying that someone told her no charges will be laid on her at court, staged arrest, no cell sleep over? Kidero is right with surkali..trust me he will have a role in this coming circus show. All show watchers will have a wave of emotions .then the clown will leave the stage with more money as the audience clap their hands in appraisal. watch...



as we had predicted the clown is out of the show having pulled a successful show. some of fans are clapping their hands others are crying fowl. its hard and difficult to tame someone who knows he cant be tamed

Kidero is off the hook for now


Has he been let off the hook entirely or is it that he will not take sole responsibility for the crime, and when the charges are read he will be alongside KRA staff, Mumias Staff, Gova insiders and everyone who had a role in it?


Muturi saves Kidero’s political future over Mumias Sugar saga
http://kbctv.co.ke/index...over-mumias-sugar-saga/

-The debate on the sugar sector report however continued with agriculture committee vice chair Kareke Mbiuki observing that economic crimes that crippled the largest sugar company in Kenya could not be blamed on one person.


Paying 200m kickback isn't a problem.justice is auctioned here in kenya . The highest bidder spends a "fake night in cell". The one with the lowest bidder spends 10 yrs in jail.

So to answer you it doesn't matter he is off the hook and will always be off the hook
mlennyma
#1782 Posted : Friday, February 19, 2016 10:42:24 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
enyands wrote:
HaMaina wrote:
HaMaina wrote:
enyands wrote:
enyands wrote:
[quote=HaMaina]Moto umewaka leo.Moto ni kazi ya Yesu. Tuimbe Hallelujah, moto umewaka.

Kidero to know fate on Mumias claims

https://citizentv.co.ke/...n-mumias-claims-114798/[/quote]

Our courts is a circus place. Remember the hot case going on now where a suspect has an affidavit saying that someone told her no charges will be laid on her at court, staged arrest, no cell sleep over? Kidero is right with surkali..trust me he will have a role in this coming circus show. All show watchers will have a wave of emotions .then the clown will leave the stage with more money as the audience clap their hands in appraisal. watch...



as we had predicted the clown is out of the show having pulled a successful show. some of fans are clapping their hands others are crying fowl. its hard and difficult to tame someone who knows he cant be tamed

Kidero is off the hook for now


Has he been let off the hook entirely or is it that he will not take sole responsibility for the crime, and when the charges are read he will be alongside KRA staff, Mumias Staff, Gova insiders and everyone who had a role in it?


Muturi saves Kidero’s political future over Mumias Sugar saga
http://kbctv.co.ke/index...over-mumias-sugar-saga/

-The debate on the sugar sector report however continued with agriculture committee vice chair Kareke Mbiuki observing that economic crimes that crippled the largest sugar company in Kenya could not be blamed on one person.


Paying 200m kickback isn't a problem.justice is auctioned here in kenya . The highest bidder spends a "fake night in cell". The one with the lowest bidder spends 10 yrs in jail.

So to answer you it doesn't matter he is off the hook and will always be off the hook

the easiest way to lose a political seat is to nominate kidero to vie,for it.
"Don't let the fear of losing be greater than the excitement of winning."
Cde Monomotapa
#1783 Posted : Monday, February 22, 2016 10:54:15 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
@spikes expend your energy here and vvs can help you out.

Mumias seeks Sh2bn more in Treasury bailout
http://www.businessdaily...10/-/duc1b3/-/index.html
Spikes
#1784 Posted : Monday, February 22, 2016 11:19:03 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
[quote=Cde Monomotapa]@spikes expend your energy here and vvs can help you out.

Mumias seeks Sh2bn more in Treasury bailout
http://www.businessdaily...0/-/duc1b3/-/index.html[/quote]

The only hope of getting out for now is the government bailout. Otherwise I could have been munched beyond recognition by marauding and all time gory speculators. Will this info be material announcement?
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
VituVingiSana
#1785 Posted : Monday, February 22, 2016 11:29:25 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Spikes wrote:
Spikes wrote:
http://www.capitalfm.co.ke/news/2016/02/trader-who-imported-destroyed-mombasa-sugar-charged/

Illegal sugar baron charged in court after the contraband got destroyed.


Wazuan Thomases will be shocked after declaration of kes 0.15 dividends per share this year.

Yes, we are shocked by an even larger loss for 1H 2015-16 vs last year. http://www.businessdaily...10/-/duc1b3/-/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Spikes
#1786 Posted : Monday, February 22, 2016 11:42:36 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Spikes wrote:
[quote=Cde Monomotapa]@spikes expend your energy here and vvs can help you out.

Mumias seeks Sh2bn more in Treasury bailout
http://www.businessdaily...0/-/duc1b3/-/index.html[/quote]

The only hope of getting out for now is the government bailout. Otherwise I could have been munched beyond recognition by marauding and all time gory speculators. Will this info be material announcement?


Speculators are hungry waiting to prey on us!

But 2B kes was approved last year by parliament . Within days from now it will be released into MSC.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Sam_Kibs
#1787 Posted : Tuesday, February 23, 2016 8:27:21 AM
Rank: New-farer

Joined: 7/1/2015
Posts: 67
Will MSC ever come out of this ''Serikali saidia''?

Looking at the half year financials, Finance costs doubled, long-term liabilities quadrupled! and now seeking an additional 2M bail-out??? interesting indeed!
“It’s no good, it’s no good!” says the buyer—
then goes off and boasts about the purchase-Proverbs 20:14
Spikes
#1788 Posted : Tuesday, February 23, 2016 9:46:24 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Sam_Kibs wrote:
Will MSC ever come out of this ''Serikali saidia''?

Looking at the half year financials, Finance costs doubled, long-term liabilities quadrupled! and now seeking an additional 2M bail-out??? interesting indeed!


Government bailout is now necessary without delay.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
HaMaina
#1789 Posted : Friday, February 26, 2016 8:30:21 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
28 meter becomes fish-food yet again,some people newer learn.

KRA seizes 16 containers of Sh28 million contraband sugar at Kilindini Port

http://www.the-star.co.k...r-at-kilindini_c1302041

“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
#1790 Posted : Friday, February 26, 2016 9:21:29 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Spikes wrote:
Sam_Kibs wrote:
Will MSC ever come out of this ''Serikali saidia''?

Looking at the half year financials, Finance costs doubled, long-term liabilities quadrupled! and now seeking an additional 2M bail-out??? interesting indeed!


Government bailout is now necessary without delay.

Let Mumias die. Just as any firm that cannot stand on its own. Why penalize the hard-working, sensible and 'good' management of other firms to support black holes like KQ & Mumias?

Kenol, BAT, EABL, KenRe, Equity, etc pay taxes on profits that are wasted on the likes of NBK, Mumias, KQ...
Was a bailout provided for (private) ADSS or did they let it find its own path out (or die)?
Access found itself a buyer when things were becoming hot.

Don't subsidize money pits. GoK borrows money at 14+% [10 yr T-Bonds] to throw money into black holes. We see this over and over again.

GoK should NOT be in the business of business.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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