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Why sugar miller Rai is set to be on many lips

2015-04-13 08:29:19| Sugar Industry News

Rai Holdings is emerging as a key player in the East African sugar sector with its business spreading fast in Kenya and Uganda.

Tags: many set miller sugar

 

Five govt-owned sugar firms in $1b debt

2015-04-13 08:29:19| Sugar Industry News

Five government-owned sugar companies are steeped in debt amounting to Ksh100 billion ($1.1 billion) due to mismanagement and dumping of illegal sugar in the Kenyan market.

Tags: debt firms sugar govtowned

 
 

Local sugar industry can survive ASEAN free trade

2015-04-13 08:29:19| Sugar Industry News

The local sugar industry, despite the recent decline in output, is expected to overcome the ASEAN free trade, especially with the newly approved Sugar Industry Development Act that is designed to improve the quality of the country\'s sugar at the same time lowering its price.

Tags: free local industry trade

 

Wilmar warns of potential Australian sugar production shortfall

2015-04-13 08:29:19| Sugar Industry News

SYDNEY: Australia's sugar production during the 2014/15 season may miss official estimates as a result of recent dry weather across the northeast coast of the world's third-largest raw sugar exporter, Wilmar International Ltd said on Wednesday.

Tags: production potential australian sugar

 

Mumias Sugar can bail itself out

2015-04-10 12:24:18| Sugar Industry News

KENYA: The crippling problems strangling the very survival of the country\'s leader in sugar production, the giant Mumias Sugar Company (MSC) is a classic example on how bad corporate governance, corruption, bad politics and outright looting by top corporate individuals have ruined the lives and a promising economy supporting more than 10 million people.

Tags: out sugar bail mumias

 

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