Mumias Sugar Company used to be the largest sugar manufacturer in Kenya producing about 250 000 metric tonnes (42%) of the estimated 600 000 metric tonnes of annual national output at its peak. Its primary source of sugarcane was grown by outgrowers with some 400 square kilometers under cultivation Mumias Sugar Company used to co-generate over 30 megawatts of electricity which was used for its own operations and surplus is sold into the national electricity grid. Mumias Sugar Company also manufactured about 24 million liters of ethanol annually and 20 million liters of distilled water. The company was founded in 1971 when the government of Kenya was a major shareholder. The initiative was implemented to provide a source of income for poor farmers in the Mumias district, create job opportunities and curb rural-urban migration. It was listed in 2001.

Mumias went into receivership in 2012 due to the inability to settle its outstanding debts of approx. Ksh 10B at the time. In 2021, Sarrai Group entered into a Lease Agreement to operate the assets to resume production of Sugar. Mumias Sugar was re-listed in retail outlets in November 2022 – Business Daily

Financial Data source: Company’s Annual reports (Check investor relations on the Company’s website)

Company Description source: African Financials

Mumias Sugar Analysis Interactive Dashboard

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