Court Locks Out Mysterious Dubai-Firm Vartox From Managing Mumias Sugar Assets
The Court of Appeal has locked out an administrator appointed by Dubai-based firm, Vartox Limited, from managing Mumias Sugar Company assets. Court of Appeal judges...
Tag : Ponangipali Rao
Mumias: Why State And Receiver Are Uneasy With Group
Scepticism is growing about the true intentions of billionaire Jaswant Rai’s bid for the takeover of the assets of Mumias Sugar Company. Those opposed to...
Inside billionaires fight for Mumias Sugar deal
Controversial businessman Julius Mwale has placed the highest bid of Sh27.6 billion for the leasing of Mumias Sugar, trouncing billionaire Rai family and steel tycoon...