Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Mumias imports 10 000 tonnes of sugar

05 September 2013, 13:02

Nairobi -  Following the announcement by Mumias Sugar that they had incurred a loss of KES 1.7 billion for the year ending June 2013, it has now been revealed that they imported 10 000 tonnes of sugar at a time when there is an oversupply of the commodity.

The private company used to ship the sugar, Dantes Peak Ltd, had a contract with Mumias Sugar confirming that the sugar to be imported would rise by another 20,000 tonnes, Daily Nation reports.

During the release of their financial report, Mumias CEO Peter Kebati had attributed the loss to cheap imports, yet seemed to have forgotten that his company too imported the commodity through an agent.

The move has been condemed by the Kenya Sugar Board on Wednesday, although in its defence Mumias said the had imported the sugar in when it was facing what it termed a “depressed cane supply” in a bid to maintain its market share.

- For more visit Daily Nation

Join in the conversation on our Facebook page. Also get the latest news by following us on Twitter.


Read News24’s Comments Policy

Comment on this story
1 comment
Comments have been closed for this article.

Read more from our Users

Submitted by
Victor Tinto
EACC officers raid Deputy Governo...

EACC officers raided the home of a Deputy Governor as theft case continues in court. Read more...

Submitted by
Wilson Ochieng
New IEBC bosses to be named Novem...

New IEBC bosses will be named on November 30. Read more...

Submitted by
William Korir
DP Ruto has spoilt my name, activ...

DP William Ruto has spoilt my name, activist complains. Read more...

Submitted by
Wilson Ochieng
Apologise for attack on Auditor G...

Apologise for attack on Auditor General, President Uhuru Kenyatta is told by Kisumu Senator Anyang Nyong'o. Read more...

Submitted by
Wilson Ochieng
Quit if you can't fight corruptio...

An MP has told President Uhuru Kenyatta to quit office if he cannot fight corruption. Read more...

Submitted by
Wilson Ochieng
Investigate Uhuru, Ruto for corru...

Investigate President Uhuru Kenyatta and DP William Ruto's offices over corruption, CORD leader Raila Odinga has said. Read more...