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MSC Finally
HaMaina
#71 Posted : Tuesday, August 11, 2015 3:51:50 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Museveni wrote:
streetwise wrote:
I thought this is old news and the factory is still closed.

When is the BIG news of reopening and new managemnt line up ?

Sometime in September I believe/heard it will be


What does this mean for Kenyan Sugar, or does U.K have something in store?

Uhuru's Deal on Uganda Sugar Imports Puts Mumias on a difficuly spot

http://www.kenyans.co.ke...ts-mumias-difficuly-spot
“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
Wakanyugi
#72 Posted : Tuesday, August 11, 2015 5:37:55 PM
Rank: Veteran

Joined: 7/3/2007
Posts: 1,635
HaMaina wrote:
Museveni wrote:
streetwise wrote:
I thought this is old news and the factory is still closed.

When is the BIG news of reopening and new managemnt line up ?

Sometime in September I believe/heard it will be


What does this mean for Kenyan Sugar, or does U.K have something in store?




It would seem like Uhuru has just thrown Mumias under the Mbus

"The opposite of a correct statement is a false statement. But the opposite of a profound truth may well be another profound truth." (Niels Bohr)
Njung'e
#73 Posted : Tuesday, August 11, 2015 6:09:24 PM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
Wakanyugi wrote:
HaMaina wrote:
Museveni wrote:
streetwise wrote:
I thought this is old news and the factory is still closed.

When is the BIG news of reopening and new managemnt line up ?

Sometime in September I believe/heard it will be


What does this mean for Kenyan Sugar, or does U.K have something in store?




It would seem like Uhuru has just thrown Mumias under the Mbus



Those who understand the sugar industry will tell you that the opposite is what will happen....but seeing who is complaining /commenting and knowing he is part of the problem MSC is down now (Yes.He still owes MSC millions of shillings, a fact he has never denied),i say i am not surprised.

For me, this presents a good opportunity to re-enter (Heck,i am not advising anybody pliz!!) considering this new development, the man at the helm and the re-opening date which i believe will be somewhere between 20th and 24th of this month.
Nothing great was ever achieved without enthusiasm.
Wakanyugi
#74 Posted : Tuesday, August 11, 2015 6:59:55 PM
Rank: Veteran

Joined: 7/3/2007
Posts: 1,635
Njung'e wrote:
Wakanyugi wrote:
HaMaina wrote:
Museveni wrote:
streetwise wrote:
I thought this is old news and the factory is still closed.

When is the BIG news of reopening and new managemnt line up ?

Sometime in September I believe/heard it will be


What does this mean for Kenyan Sugar, or does U.K have something in store?




It would seem like Uhuru has just thrown Mumias under the Mbus



Those who understand the sugar industry will tell you that the opposite is what will happen...


Can you please explain this? How is exposing dying Mumias to competition, including possibly re-exported sugar routed through Uganda, good for the company?

Why then were they earlier fighting the removal of COMESA protections?


"The opposite of a correct statement is a false statement. But the opposite of a profound truth may well be another profound truth." (Niels Bohr)
HaMaina
#75 Posted : Wednesday, August 12, 2015 10:27:41 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Wakanyugi wrote:
Njung'e wrote:
Wakanyugi wrote:
HaMaina wrote:
Museveni wrote:
streetwise wrote:
I thought this is old news and the factory is still closed.

When is the BIG news of reopening and new managemnt line up ?

Sometime in September I believe/heard it will be


What does this mean for Kenyan Sugar, or does U.K have something in store?




It would seem like Uhuru has just thrown Mumias under the Mbus



Those who understand the sugar industry will tell you that the opposite is what will happen...


Can you please explain this? How is exposing dying Mumias to competition, including possibly re-exported sugar routed through Uganda, good for the company?

Why then were they earlier fighting the removal of COMESA protections?




Just wondering, does the lifting of sugar import/export barriers for Uganda-Kenya also apply for Kenya-Uganda sugar exports?
“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
Wakanyugi
#76 Posted : Wednesday, August 12, 2015 11:30:58 AM
Rank: Veteran

Joined: 7/3/2007
Posts: 1,635
HaMaina wrote:
Wakanyugi wrote:
Njung'e wrote:
Wakanyugi wrote:
HaMaina wrote:
Museveni wrote:
streetwise wrote:
I thought this is old news and the factory is still closed.

When is the BIG news of reopening and new managemnt line up ?

Sometime in September I believe/heard it will be


What does this mean for Kenyan Sugar, or does U.K have something in store?




It would seem like Uhuru has just thrown Mumias under the Mbus



Those who understand the sugar industry will tell you that the opposite is what will happen...


Can you please explain this? How is exposing dying Mumias to competition, including possibly re-exported sugar routed through Uganda, good for the company?

Why then were they earlier fighting the removal of COMESA protections?




Just wondering, does the lifting of sugar import/export barriers for Uganda-Kenya also apply for Kenya-Uganda sugar exports?


I believe Kenya is a net importer of Sugar. If we were caught trying to sell sugar to Uganda, I believe it would be a clear indication that someone somewhere was cheating. Whether we can stop Ugandans from cheating is another matter.

By the way I started seeing Lugazi sugar in our super markets some weeks ago. I even bought some. So is this so called agreement simply an attempt to regularize a fait acompli?


"The opposite of a correct statement is a false statement. But the opposite of a profound truth may well be another profound truth." (Niels Bohr)
mlennyma
#77 Posted : Wednesday, August 12, 2015 11:36:02 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
KQ will arise,mumias will R.I.P
"Don't let the fear of losing be greater than the excitement of winning."
Njung'e
#78 Posted : Wednesday, August 12, 2015 12:14:18 PM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
Wakanyugi wrote:
[quote=Njung'e][quote=Wakanyugi][quote=HaMaina][quote=Museveni]

Can you please explain this? How is exposing dying Mumias to competition, including possibly re-exported sugar routed through Uganda, good for the company?

Why then were they earlier fighting the removal of COMESA protections?




Kenya has been protecting it's sugar industries from rogue COMESA states which import sugar from other destinations and export it to Kenya as their product. This countries are Egypt,Malawi and Swaziland. Uganda has never been on the list.Two,when you look at the key smuggled sugar points on our porous borders,again,the Ugandan side brings in 0% and it will take a miracle for it to become an entry to smuggled sugar.Three, we are quick to ask our neighbours to open up their borders so we may access their markets but we are not willing to open ours .They won't even tell that MSC's biggest market for ethanol has been Uganda and DRC)). Four, it must be noted that Kakira,Mumias and Lugazi are not far from one another and therefore a fair and competitive environment is an advantage to each.MSC will have advantage due it's size and if they resolve their issues which i believe will be done shortly under the steward of the very able Errol. Finally, i find two sets of schools who are questioning the agreement. The producer who fears competition (Even though we haven't heard from any) and our Leader in Opposing.....Ni hayo tuu.
Nothing great was ever achieved without enthusiasm.
streetwise
#79 Posted : Wednesday, August 12, 2015 3:57:46 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
II once advise never ready to import the Chinese batteries and sell just like competition and one day they woke up and did exactly that.

If other countries are importing sugar and repackaging why does Kenya not do the same. Infact since the sugar is already in the county, I hear through Somalia all one need to do is go to tetrapack and order the packaging material.

In additional if these other countries are in dire need of ethanol, import and re-export.

There is no one who can hold the market still for you, you must keep on chasing the market and changing your strategies along the way.

Like said before the problem of Mumias is not the market , it is mismanagement and theft.
Wakanyugi
#80 Posted : Wednesday, August 12, 2015 6:18:08 PM
Rank: Veteran

Joined: 7/3/2007
Posts: 1,635
Njung'e wrote:
Wakanyugi wrote:
[quote=Njung'e][quote=Wakanyugi][quote=HaMaina][quote=Museveni]

Can you please explain this? How is exposing dying Mumias to competition, including possibly re-exported sugar routed through Uganda, good for the company?

Why then were they earlier fighting the removal of COMESA protections?




Kenya has been protecting it's sugar industries from rogue COMESA states which import sugar from other destinations and export it to Kenya as their product. This countries are Egypt,Malawi and Swaziland. Uganda has never been on the list.Two,when you look at the key smuggled sugar points on our porous borders,again,the Ugandan side brings in 0% and it will take a miracle for it to become an entry to smuggled sugar.Three, we are quick to ask our neighbours to open up their borders so we may access their markets but we are not willing to open ours .They won't even tell that MSC's biggest market for ethanol has been Uganda and DRC)). Four, it must be noted that Kakira,Mumias and Lugazi are not far from one another and therefore a fair and competitive environment is an advantage to each.MSC will have advantage due it's size and if they resolve their issues which i believe will be done shortly under the steward of the very able Errol. Finally, i find two sets of schools who are questioning the agreement. The producer who fears competition (Even though we haven't heard from any) and our Leader in Opposing.....Ni hayo tuu.


Thank you for the explaination. From what you say, it would seem that Ugandan sugar is not a threat to Mumias (and I assume by extension to the Kenyan sugar industry).

But I still don't see how it will help Mumias whose impeding death has more to do with managerial incompetence than competition. Competition is the last thing they would want, even when the threat is overblown.

Finally, as you have noted, all the critics who are coming out of the wood work seem to come armed with political arguments, none economic or geopolitical. In fact I expect a threat by the Western block to 'rethink' their recent Glasnost with Jubilee to be issued soon. It will be interesting to see how Uhuruto square this circle.
"The opposite of a correct statement is a false statement. But the opposite of a profound truth may well be another profound truth." (Niels Bohr)
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