Firm to put up Sh1.45bn sugar factory in Siaya County
Kipenzi Sugar has already acquired 17 hectares of land for the proposed sugar, distillery and cogeneration power project...
✨ Key Highlights
Kipenzi Sugar plans to invest Sh1.45 billion in constructing a new sugar factory in Mur Malanga, Siaya County. The project aims to boost sugar production and provide a market for local cane farmers.
- Investment: Sh1.45 billion
- Company: Kipenzi Sugar
- Location: Mur Malanga, Siaya County
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CMA Expands Regulated Investment Products with New Fund Approvals - July 2026
The Capital Markets Authority (CMA) has significantly expanded investment avenues for Kenyans by approving two new umbrella unit trust schemes and several additional sub-funds under existing collective investment schemes. Shareholders of Old Mutual Holdings PLC have approved a significant balance sheet restructuring worth Sh4.67 billion, aiming to clear accumulated losses and pave the way for dividend payments to resume. Kipenzi Sugar plans to invest Sh1.45 billion in constructing a new sugar factory in Mur Malanga, Siaya County, aiming to boost sugar production and provide a market for local cane farmers.
