Smuggling sugar from Somalia to neighbouring Kenya could be the highest source of revenue for the Al-Shabaab militants, according to a report published by the Global Initiative Network.
Kenya requests Comesa to extend the pursuit of sugar industry safeguards [Full subscriber]
Kenya is seeking a new extension for sugar safeguards from the Common Market for Eastern and Southern Africa (Comesa) before its expiry in February, according to local press reports.
Kenya – New build US$44 million sugar factory set to commence operations in Q1 2022 [Registered]
A new build KES5 billion (US$44 million) sugar factory owned by the Rai family will start milling sugar in the first quarter of the year.
Kenya – Sarrai Group secures 20-year lease to run Mumias Sugar [Full subscriber]
Uganda-based Sarrai Group secured a 20-year lease for assets of the ailing Mumias Sugar Company and consequently the mandate to revive the collapsed miller, having emerged winner of the bidding that lasted over four months, the miller’s receiver-manager Pongangipalli Venkata Ramana Rao has disclosed.
Kenya – Ecobank and Proparco seize Mumias Sugar’s key assets [Full subscriber]
Pan-African lender Ecobank and French development financier Proparco have seized the prime assets of the debt-ridden miller Mumias Sugar from KCB Group, setting the stage for a vicious court battle that could throw the planned leasing of the ailing miller into disarray
Kenya – Government launches app supplying new technical advances to drive cane production [Registered]
The Sugar Directorate has launched an application aimed at providing sugarcane farmers access to the latest technical developments from the KALRO Sugar Research Institute through their mobile handsets.
Kenya – In 2020, smuggled sugar represented 48% of the contraband goods in the country [Full subscriber]
Drop in sugar output from high production costs and mismanagement of factories over the past two decades have led to illicit trade in sugar. According to the National Crime Research Centre, in 2020, sugar made up 48% of the goods smuggled into the country.
Kenya: Government blamed for sugar sector collapse [Full subscriber]
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.
Kenya – Growers welcome 8% price rise for their sugarcane [Full subscriber]
Sugarcane farmers have welcomed the move by the government to increase cane prices delivered to millers by 8%, according to local press reports.
Kenya – Vuma Biofuels produces fuel briquettes from cane bagasse [Full subscriber]
Vuma Biofuels is exploiting bagasse it has access to from two cane sugar factories to produce fuel briquettes.
Monthly Snapshot
Raw sugar for March delivery settled at 19.82 cents/pound on January 18 after reaching a two-and-a-half-week high earlier in the session at 20.25 cents. The white sugar contract expiring in […]
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