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Sarrai sets aside initial Sh1 1bn for jumpstarting Mumias Sugar

The Ugandan investor who won the Mumias leasing award will invest Sh1.1 billion to jump-start operations at the ailing miller.

Ponangipalli venkata ramana raoRaila odingaJulius mwaleMumias sugar company limited in receivershipMumias sugar companySarrai groupMumias sugarStanbic bankHigh courtDevki groupPrime minister raila odingaMumias sugar complexMumias sugar company limitedMumias sugar limitedMumias takeoverMumias revival

What will it take to save Mumias?

Efforts to revive Mumias’ operations and payback lenders were quashed leaving receiver with the option of leasing Mumias’s assets for a given period.

Ponangipalli venkata ramana raoKenya commercial bankMumias sugar companyReceiver managerMumias sugar company limitedCentenary valuersMumias sugar company limited in receivershipReceiver manager of mumias sugarMumias in receivershipகேந்ய வணிகரீதியானது வங்கிரிசீவர் மேலாளர்நூற்றாண்டு மதிப்பீட்டாளர்கள்

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