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Mumias Sugar huge demand
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VituVingiSana
#2361 Posted : Wednesday, June 06, 2018 2:14:53 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,350
Location: Nairobi
Mumias should be euthanized. It's too deep in the muck. A waste of Taxpayer funds.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Njunge
#2362 Posted : Wednesday, June 06, 2018 2:49:44 PM
Rank: Elder

Joined: 2/7/2007
Posts: 921
VituVingiSana wrote:
Mumias should be euthanized. It's too deep in the muck. A waste of Taxpayer funds.


No need of pumping tax payers money. what the co. needs, which i have held for sometimes now, is a strategic investor who will inject kindu 20B majorly for sugarplant overhaul and cane development. It's still a very viable and profitable entity if handled well.
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Ericsson
#2363 Posted : Wednesday, June 06, 2018 3:23:53 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
Njunge wrote:
VituVingiSana wrote:
Mumias should be euthanized. It's too deep in the muck. A waste of Taxpayer funds.


No need of pumping tax payers money. what the co. needs, which i have held for sometimes now, is a strategic investor who will inject kindu 20B majorly for sugarplant overhaul and cane development. It's still a very viable and profitable entity if handled well.


Strategic investor with strategic brains
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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VituVingiSana
#2364 Posted : Wednesday, June 06, 2018 4:10:30 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,350
Location: Nairobi
Njunge wrote:
VituVingiSana wrote:
Mumias should be euthanized. It's too deep in the muck. A waste of Taxpayer funds.

No need of pumping tax payers money. what the co. needs, which i have held for sometimes now, is a strategic investor who will inject kindu 20B majorly for sugarplant overhaul and cane development. It's still a very viable and profitable entity if handled well.
As long as the taxpayer is off the hook. It's a pity that decisive action that is beneficial to the farmers and the country isn't being taken on account of petty politics. Same with Uchumi and NBK.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Spikes
#2365 Posted : Thursday, June 07, 2018 8:39:07 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Ericsson wrote:
Njunge wrote:
VituVingiSana wrote:
Mumias should be euthanized. It's too deep in the muck. A waste of Taxpayer funds.


No need of pumping tax payers money. what the co. needs, which i have held for sometimes now, is a strategic investor who will inject kindu 20B majorly for sugarplant overhaul and cane development. It's still a very viable and profitable entity if handled well.


Strategic investor with strategic brains


This company needs 'army of experts from London 'Laughing out loudly Laughing out loudly Laughing out loudly
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Ericsson
#2366 Posted : Thursday, June 07, 2018 9:21:28 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
VituVingiSana wrote:
Njunge wrote:
VituVingiSana wrote:
Mumias should be euthanized. It's too deep in the muck. A waste of Taxpayer funds.

No need of pumping tax payers money. what the co. needs, which i have held for sometimes now, is a strategic investor who will inject kindu 20B majorly for sugarplant overhaul and cane development. It's still a very viable and profitable entity if handled well.
As long as the taxpayer is off the hook. It's a pity that decisive action that is beneficial to the farmers and the country isn't being taken on account of petty politics. Same with Uchumi and NBK.


But KQ is trying to be rescued using all corners.
Look at the CS heading the ministry the parastatal falls and their political alignment.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Njunge
#2367 Posted : Thursday, June 07, 2018 9:22:37 AM
Rank: Elder

Joined: 2/7/2007
Posts: 921
VituVingiSana wrote:
[quote=Njunge][quote=VituVingiSana It's a pity that decisive action that is beneficial to the farmers and the country isn't being taken on account of petty politics. Same with Uchumi and NBK.


I totally concur. Once the state, vide Ruto, Washiali and Achesa were left to determine who runs that company, no good was going to come of it....and yet, serious investors such as OmniCane of Mauritius and the former managing agents, Booker Tate and Lyle were more than willing to come in....Siasa mbaya maisha mbaya....
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  | | Edit by user: Thursday, June 07, 2018 9:26 AM | Reason: Not specified
mawinder
#2368 Posted : Thursday, June 07, 2018 9:38:27 AM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
Njunge wrote:
VituVingiSana wrote:
[quote=Njunge][quote=VituVingiSana It's a pity that decisive action that is beneficial to the farmers and the country isn't being taken on account of petty politics. Same with Uchumi and NBK.


I totally concur. Once the state, vide Ruto, Washiali and Achesa were left to determine who runs that company, no good was going to come of it....and yet, serious investors such as OmniCane of Mauritius and the former managing agents, Booker Tate and Lyle were more than willing to come in....Siasa mbaya maisha mbaya....

Washwash fellow
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mawinder
#2369 Posted : Thursday, June 07, 2018 9:39:57 AM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
DELETED
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  | | Edit by user: Thursday, June 07, 2018 9:44 AM | Reason: Double post on Mumias wash wash boy
mozenrat
#2370 Posted : Saturday, June 09, 2018 9:52:08 AM
Rank: Veteran

Joined: 5/18/2008
Posts: 796
Ericsson wrote:
VituVingiSana wrote:
Njunge wrote:
VituVingiSana wrote:
Mumias should be euthanized. It's too deep in the muck. A waste of Taxpayer funds.

No need of pumping tax payers money. what the co. needs, which i have held for sometimes now, is a strategic investor who will inject kindu 20B majorly for sugarplant overhaul and cane development. It's still a very viable and profitable entity if handled well.
As long as the taxpayer is off the hook. It's a pity that decisive action that is beneficial to the farmers and the country isn't being taken on account of petty politics. Same with Uchumi and NBK.


But KQ is trying to be rescued using all corners.
Look at the CS heading the ministry the parastatal falls and their political alignment.


surely you cannot compare KQ to Mumias.. This is the first time KQ is being rescued.. How many billions in TaxPayer Cash have been poured into Mumias to rescue it?
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