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Mumias Sugar huge demand
Rank: Member Joined: 2/8/2007 Posts: 808
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This is dying horse. Sembuse Pan Paper mills. Funny even the government bail out amounts of Kshs 500m are the same. One more round of Kshs 500m and GoK will probably throw in the towel.
Those investing here please pay a visit to the plant and see the decrepit equipment MSC is supposed to use to compete. Thereafter please visit Kabras, Kibos and the lack and you will probably realize the uphill task ahead. Provided the farmers have somewhere to deliver cane we should probably let nature take its course.
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Rank: Chief Joined: 1/3/2007 Posts: 18,095 Location: Nairobi
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Kausha wrote:This is dying horse. Sembuse Pan Paper mills. Funny even the government bail out amounts of Kshs 500m are the same. One more round of Kshs 500m and GoK will probably throw in the towel.
Those investing here please pay a visit to the plant and see the decrepit equipment MSC is supposed to use to compete. Thereafter please visit Kabras, Kibos and the lack and you will probably realize the uphill task ahead. Provided the farmers have somewhere to deliver cane we should probably let nature take its course. Bingo. Though you know how this plays out...  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,497 Location: nairobi
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Kidero
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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NCC is doomed!!! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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VituVingiSana wrote:Kausha wrote:This is dying horse. Sembuse Pan Paper mills. Funny even the government bail out amounts of Kshs 500m are the same. One more round of Kshs 500m and GoK will probably throw in the towel.
Those investing here please pay a visit to the plant and see the decrepit equipment MSC is supposed to use to compete. Thereafter please visit Kabras, Kibos and the lack and you will probably realize the uphill task ahead. Provided the farmers have somewhere to deliver cane we should probably let nature take its course. Bingo. Though you know how this plays out... That is not true, the mill in West Kenya was bought from Mumias Sugar in 2005 and was the then mill B in Mumias.The mill had been idle since 2005 when Mumias installed a "diffuser" in 1995.Mumias also expanded its process house in 2007.So far in Kenya Mumias has the biggest crushing capacity!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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http://www.theeastafrica...80/-/md08k2/-/index.html
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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mawinder wrote:VituVingiSana wrote:Kausha wrote:This is dying horse. Sembuse Pan Paper mills. Funny even the government bail out amounts of Kshs 500m are the same. One more round of Kshs 500m and GoK will probably throw in the towel.
Those investing here please pay a visit to the plant and see the decrepit equipment MSC is supposed to use to compete. Thereafter please visit Kabras, Kibos and the lack and you will probably realize the uphill task ahead. Provided the farmers have somewhere to deliver cane we should probably let nature take its course. Bingo. Though you know how this plays out... That is not true, the mill in West Kenya was bought from Mumias Sugar in 2005 and was the then mill B in Mumias.The mill had been idle since 2005 when Mumias installed a "diffuser" in 1995.Mumias also expanded its process house in 2007.So far in Kenya Mumias has the biggest crushing capacity!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! @Mawimder...capacity is as good as useless unless utilised. Miwani had largest capacity by then and produced normal sugar,refined sugar and spirit..and a laaarge tract of land. maghan was the owner....imeanguka. concern is working,efficiency and servicability of the machines so check whether the "large capacity" is efficiently productive.and again i know you can say anything. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Member Joined: 1/10/2015 Posts: 411
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Interesting story Firm (Mumias Sugar) that contributed heavily to exchequer now on its knees - http://www.standardmedia...e/?articleID=2000150943 via @StandardKenya Your income is directly related to your philosophy, Not the economy.-Jim Rohn
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Rank: New-farer Joined: 2/8/2015 Posts: 14 Location: masaku
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 To operate an agri co dependent on outgrowers is the worst decision ever!! Msc will never stabilise unless they opt to bring their own nucleus coz farmers wameenda.
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Rank: Member Joined: 8/4/2012 Posts: 155 Location: Kenya
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The suspects have officially been mentioned, but the names might mean too much for any meaningful outcome, lakini huyu Peter Kebati, sometthing should be done. http://www.standardmedia...-spot-over-rot-in-mumias If you don't want to go to plan B have a good plan A.
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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So now we know how some guys got their wealth. They need to be made to pay all they stole even if it is paid without interest
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Rank: Member Joined: 1/10/2015 Posts: 411
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Mumias Sugar faces lawsuit over Sh45m security claim - http://www.standardmedia...e/?articleID=2000151047 via @StandardKenya Your income is directly related to your philosophy, Not the economy.-Jim Rohn
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Rank: Member Joined: 1/10/2015 Posts: 411
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In other news. “Mumias is as good as dead. There is very little hope that we could ever return it to life after all the plunder,” National Assembly Agriculture Committee Chairman Mohamed Noor told The Standard. How Mumias Sugar was looted dry - http://www.standardmedia...e/?articleID=2000151062 via @StandardKenya Your income is directly related to your philosophy, Not the economy.-Jim Rohn
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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derick wrote:In other news. “Mumias is as good as dead. There is very little hope that we could ever return it to life after all the plunder,” National Assembly Agriculture Committee Chairman Mohamed Noor told The Standard. How Mumias Sugar was looted dry - http://www.standardmedia...e/?articleID=2000151062 via @StandardKenya Yet another week of negative news, but still I'm not alighting from this ship. “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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Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
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HaMaina wrote:derick wrote:In other news. “Mumias is as good as dead. There is very little hope that we could ever return it to life after all the plunder,” National Assembly Agriculture Committee Chairman Mohamed Noor told The Standard. How Mumias Sugar was looted dry - http://www.standardmedia...e/?articleID=2000151062 via @StandardKenya Yet another week of negative news, but still I'm not alighting from this ship. I consider the banks very patient if they didn't move in to salvage what was left before gvt bailout plan "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 1/10/2015 Posts: 411
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Businessman at centre of the Sh1.2b Mumias sugar import scandal - http://www.standardmedia...e/?articleID=2000151063 via @StandardKenya Your income is directly related to your philosophy, Not the economy.-Jim Rohn
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Kenya: Leaders Want Mumias Sugar Board Dissolved ( 09th Feb 2015 ) Nice read but nothing new. http://allafrica.com/stories/201502091671.html
“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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Rank: Veteran Joined: 4/23/2014 Posts: 909
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If this is true then some people need to be delt with as harshly as possible. How 1,497 trucks of Mumias sugar ‘disappeared’ in transithttp://www.standardmedia...r-disappeared-in-transit“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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Rank: Member Joined: 1/10/2015 Posts: 411
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This is the right thing to do The whole board should be dissolved Your income is directly related to your philosophy, Not the economy.-Jim Rohn
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