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Kenya: Privatisation of Sugar Firms Not the Answer - Barons Will Gobble Them Up

2015-08-28 10:13:25| Sugar Industry News

The government still believes that privatisation is the panacea of the problems facing the sugar industry.

Tags: will up them answer

 

Who are these untouchable sugar barons in Kenya?

2015-03-27 07:50:55| Sugar Industry News

So powerful are sugar barons that it is said the police, Parliament and intelligence fear unmasking the real faces behind the crippling woes in the sugar industry. Police claim the barons are untouchable,\' while Parliament maintains that the intelligence has refused to disclose the names of those implicated in illegal importation and smuggling of sugar.

Tags: sugar kenya barons untouchable

 
 

Oil baron's US$1 billion divorce seemed like a bargain at the time

2015-01-04 05:14:15| Electronics - Topix.net

Tycoon Harold Hamm thought his ex-wife was getting a fair payout, but changed his mind when the oil-price rout slashed his fortune in half In November last year, when oil magnate Harold Hamm was ordered to pay his ex-wife US$1 billion in their divorce, he called the ruling "fair and equitable", publicly thanked the judge and said he was happy to have the case behind him. Now, with his estimated US$19 billion personal fortune having fallen by half amid a rout in oil prices, the chief executive of Continental Resources has changed his mind.

Tags: the time oil billion

 

Oil News: Oil Baron's $433 million Bet that OPEC Blinks First

2014-11-09 20:40:44| Electronics - Topix.net

Now, he's backing up that comment by unloading his company's oil hedges in anticipation that OPEC won't engage in a price war with American producers. In Wednesday's earnings release, Hamm said: We view the recent downdraft in oil prices as unsustainable given the lack of fundamental change in supply and demand.

Tags: news million oil bet

 

Florida's sugar barons grow fat on subsidies, diabetes and Everglades destruction

2014-09-02 09:53:15| Sugar Industry News

Big Sugar is the new Big Tobacco, writes Alan Farago - lethal to human health, wreaking environmental devastation, gouging huge public subsidies, and with the political clout to stop First Lady Michelle Obama from breathing a word against it. Only an alliance of 'green', health and taxpayer campaigners can kill the beast.

Tags: grow fat sugar destruction

 

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