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Zimbabwe: War Vets Demand Sugar Plots As Reward

2014-02-24 07:32:18| Sugar Industry News

AFTER successfully campaigning for President Robert Mugabe and Zanu-PF resulting in a controversial victory during last year's harmonised elections, it is now pay back time as former freedom fighters are demanding rewards in form of sugar cane plots.

Tags: war demand sugar zimbabwe

 

Mumias sugar cuts loss to Sh73 million

2014-02-21 07:25:31| Sugar Industry News

Mumias Sugar Company has recorded a Sh73.4 million loss in the six months to December 2013. The miller, however, reduced the loss recorded over the same period in 2012, 14 times.

Tags: million loss sugar cuts

 
 

Wilmar to invest in Indian sugar refiner

2014-02-21 07:25:31| Sugar Industry News

WILMAR International yesterday said that it is acquiring a stake in India's largest sugar refiner, confirming rumours that had been mounting for months.

Tags: indian sugar invest refiner

 

Wilmar expands sugar reach with India's Shree Renuka deal

2014-02-21 07:25:31| Sugar Industry News

Feb 20 (Reuters) - Singapore's Wilmar International said on Thursday it has agreed to invest up to $145 million for a major stake in India's Shree Renuka Sugars, which will give a sugar upstart a foothold in the biggest consuming nation.

Tags: deal reach sugar expands

 

Sugar sector at bottom, foreigners interested: ISMA's Verma

2014-02-21 07:25:31| Sugar Industry News

Verma says foreign investors are beginning to take interest in the sector now that many states have begun rationalizing their sugar pricing policies. Maharashtra and Karnataka have already done that, and Uttar Pradesh too will follow suit, feels Verma.

Tags: interested bottom sector sugar

 

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