Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers


February 07, 2016 10:22 PM ET

Food Products

Company Overview of South Nyanza Sugar Co. Ltd.

Company Overview

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.

Kisii-Migori Road

Sare - Awendo,  

Kenya

Founded in 1976

Phone:

254 059 43004

Fax:

254 059 43245

Key Executives for South Nyanza Sugar Co. Ltd.

Ag Company Secretary
Finance Manager
Ag Human Resource Manager
Compensation as of Fiscal Year 2015.

South Nyanza Sugar Co. Ltd. Key Developments

Privatization Of Sugar Companies May Get Delayed

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

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

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

Company Name Region
New KCC Ltd Middle East/Africa
Litien Tea Factory Co., Ltd. Middle East/Africa
GAL Baking Services Limited Middle East/Africa
Farmer's Choice Limited Middle East/Africa
Kenafric Industries Ltd. Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact South Nyanza Sugar Co. Ltd., please visit www.sonysugar.co.ke. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.