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Mumias Sugar shutdown due to canecutters strike
murchr
#11 Posted : Wednesday, October 16, 2013 4:50:01 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Am buying tommorrow
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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guru267
#12 Posted : Wednesday, October 16, 2013 9:00:07 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Something has been stressing me ever since I joined the NSE... Why the hell doesn't Mumias grow its own sugar?
Mark 12:29
Deuteronomy 4:16
Angelica _ann
#13 Posted : Wednesday, October 16, 2013 9:06:01 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
guru267 wrote:
Something has been
stressing me ever since I joined the NSE... Why the hell doesn't Mumias
grow its own sugar?

stressed kweli, grow its own sugarcare. Answer is land.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Mainat
#14 Posted : Thursday, October 17, 2013 7:32:30 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
I assume the TARDA project died a Kenyan death i.e. was forgotten, correct?
Sehemu ndio nyumba
Rankaz13
#15 Posted : Thursday, October 17, 2013 8:40:07 AM
Rank: Elder

Joined: 5/21/2013
Posts: 2,841
Location: Here
Mainat wrote:
I assume the TARDA project died a Kenyan death i.e. was forgotten, correct?


Ile ya miwa huko Garsen kwa mla mamba? Last I recall walikataa na mashamba ostensibly for pasture for their animals. At some point, the Qataris wanted to lease the same land to grow crops, GoK wanted to irrigate the same place (this I think already kicked off), some conservationists were also against the idea etc etc. I lost track.

By the way, why can't we get sugar from non-sugarcane sources e.g beet root as happens in some European countries? Is there anything wrong with that in terms of quality or health?
Life is like playing a violin solo in public and learning the instrument as one goes on.
hisah
#16 Posted : Thursday, October 17, 2013 9:50:36 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
MP accuses firm of cane poaching - http://www.nation.co.ke/.../-/12qtpq9/-/index.html

The leper called MSC continues to entertain without fail...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Pedes
#17 Posted : Thursday, October 17, 2013 10:12:26 AM
Rank: Member

Joined: 9/30/2013
Posts: 659
The share price is gaining. Kuna kitu sielewi??d'oh! d'oh! d'oh! Sad
If you stay ready, no need to get ready.
mkeiyd
#18 Posted : Thursday, October 17, 2013 10:49:45 AM
Rank: Veteran

Joined: 3/26/2012
Posts: 1,182
Rankaz13 wrote:
Mainat wrote:
I assume the TARDA project died a Kenyan death i.e. was forgotten, correct?


Ile ya miwa huko Garsen kwa mla mamba? Last I recall walikataa na mashamba ostensibly for pasture for their animals. At some point, the Qataris wanted to lease the same land to grow crops, GoK wanted to irrigate the same place (this I think already kicked off), some conservationists were also against the idea etc etc. I lost track.

By the way, why can't we get sugar from non-sugarcane sources e.g beet root as happens in some European countries? Is there anything wrong with that in terms of quality or health?


Tumeshindwa na miwa beet root ndo tutaeza? ESCAPISM!

Conservationists didn't irk me much.

The NATIONALISTS did. The good-for-nothing bunch shouting hoarse how we shouldn't be auctioning our land to the Qataris. They said we should give the land to Kenyans.
What have Kenyans done with the land since creation?

We won't do nothing with the lands neither will we let anybody else use it.
Even the magnificent farms left by the settlers are no more.
Gathige
#19 Posted : Thursday, October 17, 2013 3:04:16 PM
Rank: Elder

Joined: 3/29/2011
Posts: 2,242
Angelica _ann wrote:
guru267 wrote:
Something has been
stressing me ever since I joined the NSE... Why the hell doesn't Mumias
grow its own sugar?

stressed kweli, grow its own sugarcare. Answer is land.



@Angelica _ann, Very right. Commercially viable production cannot be actualized when relying on small-scale producers bulking the commodity. Have you ever wondered why sugar from Brazil, miles and miles away is ridiculously cheap as compared with our produce? In Brazil, the acres and acres of production are commercially owned and do not rely on poor farmers crying daily of high production costs . That way, the commercial farmers are able to maximize on returns.
"Things that matter most must never be at the mercy of things that matter least." Goethe
murchr
#20 Posted : Thursday, October 17, 2013 3:16:16 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Pedes wrote:
The share price is gaining. Kuna kitu sielewi??d'oh! d'oh! d'oh! Sad


Buy when there's blood in the streets, unfortunately seems it wasn't enough to cause some shake off. Am watching too
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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