Tag: KCB

All Mumias Sugar employees fired

The Mumias Sugar Company Limited was on Tuesday, September 24, 2019, placed under receivership by KCB. [PHOTO | FILE]

Employment contracts of all Mumias Sugar Company workers have been terminated. Rao, the sugar firm’s receiver manager announced the decision on Tuesday, November 5, 2019. “The Receiver shall engage the services of any employee on a temporary basis on mutually agreeable terms until the time when the operations resume,” said Mr Rao. The firm was […]

Rehan Shah back in the groove as Yuvraj, Hakada win

Barry Silah Imran Hakada cleared the ground with all his opponents as the sixth round of the KCB Kenya National Autocross Championship came to a dramatic end at the Rift Valley MotoCross clubhouse racetrack in Solai on Sunday. Hakada who drove in two classes won the 2WD Turbo Class in the event’s fastest overall total […]

Kabras hope to use home ground advantage to down KCB in Kenya Cup final

Alex Njue and Gibo Zachary @PeopleSports11 For a third straight year, Kabras and KCB will square it out for the Kenya Cup title after both booked a place in the final on May 11. The two have been untouchable all season and booked another date in the final which will be played in Kakamega for the […]

Uchumi faces more woes as banks reject debt plan

Uchumi

Zachary Ochuodho @zachuodho Uchumi Supermarket’s secured creditors have rejected the debt restructuring proposal and creditors’ plan presented by the retailer, saying it should just be liquidated. In a vote held yesterday, majority of secured creditors, mainly commercial banks voted against the plans by the company to restructure its debt. Four secured creditors voted against the debt […]