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Rwanda - Mauritian company mulls investment in sugar production

2013-02-22 14:46:43| Sugar Industry News

A group of investors from Mauritius is currently in talks with the government to invest in sugar production, said Emmanuel Hategeka, the permanent secretary in the Ministry of Trade and Industry.

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Kenya - Government to write off $464 mln debt of sugar mills

2013-02-22 14:46:43| Sugar Industry News

The government has agreed to write off KES40 bln ($1=KES86.15) debt owed by sugar millers as a final step to the sale of the five state-owned sugar companies Muhoroni, Sony, Chemilil, Miwani, and Nzoia, local press reports said.

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Uganda: Cane Shortage to Blame for Sugar Prices

2013-02-20 06:15:14| Sugar Industry News

Kampala The shortage of sugar canes for manufacturers has led to a hike in Uganda sugar prices on the market, East African Business Week understands. According to a survey we conducted around Kampala city, many wholesalers had increased their prices from $51 (Ush132,000) for a 50kgs bag of sugar to $55 (Ush140,000).

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Two sugar mills allegedly involved in tax evasion

2013-02-20 06:15:14| Sugar Industry News

ISLAMABAD: Tax authorities have identified two sugar mills allegedly involved in evading taxes worth millions of rupees, sources said on Tuesday.

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Kantalai Sugar Factory to be revived

2013-02-20 06:15:14| Sugar Industry News

Plans have been formulated to revive the Kantalai Sugar Factory which has been closed down 19 years ago, said Sugar Industries Minister Lakshman Seneviratne. He said so at a discussion held at the factory premises to prepare the groundwork for re-opening the factory recently.

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