French lender, Ecobank seize Mumias from KCB
Pan-African lender Ecobank and French development financier Proparco have seized the prime assets of Mumias Sugar Company from KCB Group.
Source: businessdailyafrica.com
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KCB loses lenders row over Mumias takeover
KCB Group has lost full control of running troubled Mumias Sugar Company after the High Court directed it to involve other creditors.
Source: businessdailyafrica.com
Trader taps firm linked to Dangote in Mumias revival
Businessman Julius Mwale who placed Sh27 billion bid in leasing of ailing Mumias Sugar has tapped an Indian firm running Dangote Sugar refineries in Nigeria to manage the Kenyan miller.
Source: businessdailyafrica.com
Investor offers Sh2.2bn to Mumias Sugar farmers
Businessman Julius Mwale has proposed a Sh2.2 billion to farmers in a bid to woo them back into sugarcane farming.
Source: businessdailyafrica.com
Why cement makers shun local clinker for expensive imports
Industry Players say local clinker producers are also competitors in cement production.
Source: standardmedia.co.ke