Bitter-Sweet: The Reignited Rai Brothers’ Feud Threatens Mumias Sugar’s Revival
Sarrai Group, which has been running the milling operations, offered Sh20 million per month for the plants, while West Kenya Sugar bid Sh150 million.
Sarrai Group, which has been running the milling operations, offered Sh20 million per month for the plants, while West Kenya Sugar bid Sh150 million.
The Law Society of Kenya (LSK) has expressed its intention to potentially halt the admission of Ugandan lawyers into Kenyan practice following the Uganda Law Council’s refusal to grant a temporary practising licence to Senior Counsel Martha Karua. Karua sought this permission to defend opposition figures Kizza Bisigye and Obeid Lutale in Kampala’s general court […]
The Battle of who should managed Mumias Sugar Company pitying the Rai brothers Jaswant Singh Rai of Rai Group and Sarbjit Rai of Sarrai Group has taken an ugly twist with the former resorting to financing a smear campaign against the latter. It must be known that Jaswant has four Sugar Factories in Kenya namely […]
The desperation of Uganda-based Sarrai Group senior executives to avoid a possible 6-month jail term sentencing has landed them in even more trouble after their dirty trick was bursted by the Court of Appeal. They were taken out of hearing list last week after a bench of three Appellate court judges discovered that they dishonestly […]
A secured creditor wants KCB appointed receiver manager Ramana Rao summoned over a report concerning the accounts of Mumias Sugar company, which he filed in court in January. Vartox Resources Inc, one of the creditors of the ailing miller says Rao should appear in court and explain the books of accounts of the miller for […]
An activist has moved to court seeking temporarily suspend a directive by Senate to Mumias Sugar Company receiver manager Ponangipalli Venkata Ramana Rao from inviting bids from investors to salvage the troubled miller. “The matter is extremely urgent since the on June 9, 2021 or thereabouts, the Senate’s Agriculture Committee looking into the affairs of […]