Zambian company to set up a US$166m sugar refinery

ZAMBIA – Mobe Sugar Company, a wholly owned Zambian private manufacturing company has initiated talks with Luanshya Municipal Council, North-Central Zambia on opening a sugar refinery and auxiliary factories in the district worth over US$166 […]

Consultants suggest complete reconfiguration of Ethiopian sugar industry

ETHIOPIA – Consultants hired to shape the future sugar sector in Ethiopia have urged the government to remove the existing 33 percent excise tax levied on local producers, reports The Reporter. In a public consultation […]

Privately owned sugar manufacturer Sukari Industries seeks to put a power generation plant

KENYA – Sukari Industries, a private owned sugar manufacturing company in Nyanza, West of Kenya is seeking a permit from the Energy & Petroleum Regulatory Authority to put up a six-megawatt power generation plant that […]

Kenya’s Sony Sugar seeks US$4m to revitalise operations as production declines marginally

KENYA – The Sony Sugar Company, a state–owned sugar milling firm, is seeking US$4 million (KShs400 million) to turn around the company’s fortunes after plunging into financial problems resulting to 45% decline in production. The […]

Kenya’s Sony Sugar appoints James Oluoch as acting managing director

KENYA – The South Nyanza Sugar Company (SONY Sugar) has appointed James Oluoch as the acting managing director as the firm undergoes major restructuring ahead of the upcoming privatisation. According to the company’s board, Mr Oluoch, who is the […]

Kenya’s Mumias Sugar Company plunges into US$150.68m losses

KENYA – Mumias Sugar Company Limited, a once leading sugar manufacturing company in Kenya, reported a net loss of US$150.68 million (KSh15.1 billion) during its 2018 financial year against the previous year’s loss of US$67.86 […]