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Mumias Sugar huge demand
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Cde Monomotapa
#541 Posted : Thursday, March 13, 2014 9:21:36 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
I believe the trick is to create farmers some interim cash flow from milk sales to allow time for cane to mature. Stabilizes the cane supply and farmers are a happier/motivated lot.

To me that's a wise move from management. Also, an opportunity to X-sell molasses and everybody is happy.
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  | | Edit by user: Thursday, March 13, 2014 10:37 PM | Reason: Not specified
mwekez@ji
#542 Posted : Monday, March 17, 2014 10:33:51 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Mumias to lock out cane poachers with land lease deals http://www.businessdailyafrica....0/-/hbhvwaz/-/index.html
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jawgey
#543 Posted : Tuesday, March 18, 2014 10:01:54 AM
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Joined: 1/13/2014
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Location: Denmark
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mwekez@ji
#544 Posted : Saturday, March 22, 2014 2:52:10 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
#Good.twist ---> Sugarcane farmers issue bitter ultimatum http://www.businessdailyafrica..../-/11avgn5z/-/index.html
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georgegop
#545 Posted : Saturday, March 22, 2014 8:25:28 PM
Rank: Member

Joined: 8/30/2010
Posts: 183
Location: Migingo
Sugar itself is sweet, but the sugar issues are very bitter!
Don't Work for Money, Let Money Work for You..
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georgegop
#546 Posted : Wednesday, March 26, 2014 8:59:59 AM
Rank: Member

Joined: 8/30/2010
Posts: 183
Location: Migingo
MPs raid Mumias sugar depot
Don't Work for Money, Let Money Work for You..
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streetwise
#547 Posted : Wednesday, March 26, 2014 10:40:25 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
I thought only the police raid places !!!!
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dunkang
#548 Posted : Thursday, March 27, 2014 4:46:12 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
Mauritius Sugar Producer Terra Mauricia 2013 Profit FALLS 29%

So, its not only Mumias suffering.

Quote:
(Reuters) - Terra Mauricia, a leading Mauritian sugar producer, on Wednesday posted a 29.3 percent fall in full-year pretax profit on poor performance by its sugar and electricity units.

Terra, which has diversified from a focus on sugar to interests in energy and alcohol production as well as property development and financial services, said profit fell to 520 million rupees ($17.30 million).

Earnings per share fell to 1.60 rupees from 2.20 rupees in 2012.
Receive with simplicity everything that happens to you.” ― Rashi

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urstill1
#549 Posted : Monday, March 31, 2014 6:27:41 PM
Rank: User

Joined: 9/6/2013
Posts: 1,446
Location: In a house
C & P from CoFeK FB page:

"BITTER SWEET: Reports - Mumias Sugar Company Board fires the MD and top management over poor performance, most of which is historical."

Can someone confirm?
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georgegop
#550 Posted : Monday, March 31, 2014 8:02:12 PM
Rank: Member

Joined: 8/30/2010
Posts: 183
Location: Migingo
The info is still scanty but...

Don't Work for Money, Let Money Work for You..
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  | | Edit by moderator: Monday, March 31, 2014 8:35 PM | Reason: tweet embedded
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