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Kenya: Mumias Sugar Rocked By Campaign Cash Claim
Nation, 6 June 2017
Controversy around the Mumias Sugar Company continued to escalate on Tuesday with circulation of a letter in which a Jubilee MP tried to secure campaign funds from the miller. Read more »
Odinga Blamed for Kenyan Sugar Miller's Financial Woes
National Super Alliance flag bearer Raila Odinga has denied owing Mumias Sugar Company any money, saying he was involved in transactions with Mumias Sugar through secured bank loans.
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Kenya: Deputy President Blames Opposition Leader for Sugar Miller's Woes
Nation, 6 June 2017
Deputy President William Ruto on Tuesday rekindled the controversy linking Nasa flag bearer Raila Odinga and Nairobi Governor Evans Kidero to the financial crisis facing Mumias… Read more »
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Kenya: Mumias Share Hits All Time Low of 70 Cents
Nation, 14 May 2017
Mumias Sugar's share sunk to an all-time low of 70 cents before crawing back five cents last week on the back of continuing investor concerns over the health of the miller. Read more »
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Kenya: Mumias Sugar to Get Sh3bn More in Bailout
Nation, 9 May 2017
The management of Mumias Sugar Company is negotiating with The National Treasury for an additional Sh3.14 billion bailout. Read more »
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Kenya: Mumias Sugar Chief Throws in the Towel As Losses Pile Up
Nation, 3 May 2017
The cash-strapped Mumias Sugar Company is seeking to hire a new Chief Executive to take over its bumpy turnaround plan. Read more »
