The Kenyan government is entirely responsible for problems facing the sugar industry, according to the Kenya Association of Manufacturer’s (KAM) Sugar Sub-Sector report.
Sugarcane farmers have welcomed the move by the government to increase cane prices delivered to millers by 8%, according to local press reports.
Vuma Biofuels is exploiting bagasse it has access to from two cane sugar factories to produce fuel briquettes.
The Kenyan government has decided not to sell its sugar mills but rather lease them as part of a plan that will see it maintain control of the industry, reported Bloomberg.
The Mauritian sugar producer Alteo plans to build a new 25 MW bagasse-based cogen plant at its Kilgoris sugar factory managed by its subsidiary Transmara Sugar Company. The investment for the project is expected to be KES4.7 billion (US$45 million), according to local press reports.
On 24th of February, President Uhuru Kenyatta’s office announced plans to privatize the five state-owned sugar factories and impose additional taxes in order to revive the ailing industry, according to […]
Farmers in parts of western Kenya have abandoned sugar cane for the more lucrative pawpaw farming, according to local press reports.
Kenya – Millers incentivised to cogenerate power with feed-in-tariff of US$10 cents/kWh [Full subscriber]
The government is incentivising millers to extend into cogenerating surplus power with a feed-in tariff of US10 cents (KES10) per kilowatt-hour. This is both to help diversify the industry and make it competitive, while helping the country meet power demands, according to local press reports.
The Kenya National Chamber of Commerce and Industry (KNCCI) has asked the Government to speed up the privatisation of the State-owned Nzoia, Miwani, Muhoroni, Chemelil and Sony sugar factories to foster competitiveness, according to local press reports.
Mauritius’ companies Omnicane and Atleo Group have acquired stakes in a couple of sugar milling companies at the cost of KES3.2 billion (US$32 million), according to the Mauritius Commercial Bank CEO Alain Law Min