Mumias of Kenya Is Upgraded to `Accumulate' From `Hold' at Kestrel Capital

Mumias Sugar Co., Kenya’s largest producer of the sweetener, was raised to “accumulate” from “hold” at Kestrel Capital East Africa Ltd., Wycliffe Masinde, an analyst at the Nairobi-based brokerage, said in a phone interview today.

To contact the reporter on this story: Eric Ombok in Nairobi at eombok@bloomberg.net

To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net

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