Company Overview of South Nyanza Sugar Co. Ltd.
South Nyanza Sugar Co., Ltd. manufactures sugar from cane. Its customers include distributors, wholesalers, supermarkets, and grocers. The company was founded in 1976 and is based in Sare - Awendo, Kenya.
Sare - Awendo,
Founded in 1976
Key Executives for South Nyanza Sugar Co. Ltd.
Ag Human Resource Manager
Compensation as of Fiscal Year 2015.
South Nyanza Sugar Co. Ltd. Key Developments
Privatization Of Sugar Companies May Get Delayed
Nov 2 15
Transition Authority to block the auction of South Nyanza Sugar Co. Ltd., Muhoroni Sugar Company, Miwani Sugar Company, Chemelil Sugar Company Limited, and Nzoia Sugar Company Limited. Transition Authority said that it was not consulted as demanded by the Constitution. "If need be, we will move to court to stop this process because we feel that the law has not been followed in the privatization of these millers," said Bakari Omara, Commissioner of Transition Authority in charge of assets.
Five Sugar Millers To Be Privatized By Next Five Month Period
Sep 23 15
The Chairman of the Privatization Commission of Kenya Henry Obwocha has announced that plans are in place to privatize five State-owned debt-ridden sugar millers of the country by the next five-month period. These are Nzoia Sugar Company Limited, South Nyanza Sugar Co. Ltd., Chemelil Sugar Company Limited, Muhoroni Sugar Company and Miwani Sugar Company. The Commission has been making discussions with different stakeholders involving these factories in public forums for the past two weeks to sketch out the privatization program for the millers, Obwocha disclosed. As per the current proposal, the Government will offer 51% of the shares in the millers to the strategic partners, with plans to keep 25% of the stake.
Privatisation Commission Opposes Sale Of Sugar Millers To County Governments
May 26 15
A team that oversees the privatisation of government-owned companies has opposed plans by county governments to buy South Nyanza Sugar Co. Ltd., Muhoroni Sugar Company, Miwani Sugar Company, Chemelil Sugar Company Limited and Nzoia Sugar Company Limited (sugar millers). The regional governments have asked the Privatisation Commission to allow them to acquire sugar millers and pay by instalments. However, Henry Obwocha, chairman of Privatisation Commission, said on May 25, 2015, that it would be inappropriate to sell the millers to county governments. He said it would be illogical to transfer the companies from one government to another. "The challenges facing the sugar industry have largely been blamed on the involvement of the government. Why should we then transfer these challenges to another government, the county administration?" he told the Nation.
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|