Kwale International Sugar Company Limited

Last updated
Kwale International Sugar Company Limited
TypePrivate
Industry Manufacture & Marketing of Sugar
Founded2007
Headquarters Kwale County, Kenya
Products Sugar

Kwale International Sugar Company Limited (KISCOL), is a sugar manufacturer in Kenya. [1]

Contents

Location

The plantation and factory of KISCOL are located in Kwale County on the eastern coast of Kenya. This location, immediately south of the town of Kwale, along the Lunga-Lunga-Msambweni Road. This location is approximately 53 kilometres (33 mi), by road, southwest of Mombasa, the second-largest city in Kenya. [2] The coordinates of the company factory are:4°31'46.0"S, 39°23'43.0"E (Latitude:-4.529444; Longitude:39.395278). [3]

Overview

KISCOL is a privately owned sugar manufacturer. It is one of the seven privately owned sugar manufacturers in the country. It is expected to start full commercial production in February 2015. The factory has been constructed between 2007 and 2015 at an estimated cost of US$200 million (KES17.8 billion). [4] In addition to crushing 3,000 tonnes of sugar cane daily, the complex will also co-generate 18 Megawatts of thermal electricity and produce 50,000 liters of ethanol per day. [5]

Ownership

Kwale International Sugar Company Limited is a privately owned company. The table below illustrates the ownership structure of the company. [4]

KISCOL Stock Ownership
RankName of OwnerPercentage Ownership
1 Omnicane of Mauritius 25.0
2Pabari Investments Limited of Kenya 75.0
Total100.00

Controversy

On Thursday 5 April 2018, the Kwale County Woman Representative and Member of Parliament, Zuleikha Hassan, publicly made an outcry stating that the residents and indigenous owners of the villages of Vidzaini, Fingirika, Vumbu, Nyumba Sita, Fahamuni, Mabatani, and Gonjora would be forcefully evicted in the near future. According to her, they would be evicted by instruction of a letter from the Chairman of National Lands Commission and a court order, so as to make space for Kwale International Sugar Company Limited, to plant its sugarcane. [6]

The owners/residents were give one week notice from the previous Saturday. Many of the residents of these villages were not even aware that plans were underway to evict them. Should this happen, it is projected that 800 families will have their properties and farms taken away and they will have no where to go. [7]

See also

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References

  1. ↑ Fredrick, Fadhili (21 June 2018). "Kwale miller opts for smaller sugar packages with eye on better sales". Business Daily Africa . Nairobi. Retrieved 22 June 2018.
  2. ↑ Globefeed.com (22 June 2018). "Distance between Central Railway Station, Miji Kenda Street, Mombasa, Kenya and Msambweni, Kenya". Globefeed.com. Retrieved 22 June 2018.
  3. ↑ Google (22 June 2018). "Location of Kwale International Sugar Company Limited Headquarters and Factory" (Map). Google Maps . Google. Retrieved 22 June 2018.
  4. 1 2 Sotunde, Oluwabusayo (19 November 2013). "Kenya's Kwale Sugar Project Set To Launch By 2014". Ventures Magazine. Retrieved 19 January 2015.
  5. ↑ Herbling, David (18 January 2015). "Kwale Sugar Miller Begins Tests Ahead of Factory Launch". Business Daily Africa . Nairobi. Retrieved 19 January 2015.
  6. ↑ Lawrence, Sita (6 April 2018). "Kwale residents threaten to use witchcraft to fight eviction by KISCOL". Mombasa: Baraka 95.5 FM. Retrieved 22 June 2018.
  7. ↑ Mkongo, Malemba (30 April 2018). "Court okays Kwale Sugar's quest to evict squatters from its land". The Star (Kenya) . Nairobi. Retrieved 22 June 2018.

Coordinates: 04°31′46″S39°23′43″E / 4.52944°S 39.39528°E / -4.52944; 39.39528

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