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Kakira Sugar Works
Private
Industry Manufacture & Distribution of Sugar
Founded 1930
Headquarters Kakira, Uganda
Key people
Mayur Madhvani
Group Managing Director
Products Sugar
Number of employees
7,500+ (2011)
Website www.kakirasugar.com

Kakira Sugar Works Limited, often referred to as Kakira Sugar Works (KSW), is a leading sugar manufacturer in Uganda, the third-largest economy in the East African Community.

Location[edit]

The main factories of the company are located in the town of Kakira, in Jinja District, Eastern Uganda. This location lies approximately 16 kilometres (9.9 mi), by road, northeast of Jinja, the nearest large town.[1] Kakira is located approximately 100 kilometres (62 mi), by road, east of Kampala, the capital of Uganda and the largest city in that country.[2] The coordinates of the main factory are:0°30'36.0"N, 33°17'24.0"E (Latitude:0.5100; Longitude:33.2900).[3] In addition to the factories in Kakira, the company maintains a corporate office along 5th Street, in Bugoloobi, in Kampala Industrial Area, and offices and warehouses, in Kakira, Jinja and Kampala.

Overview[edit]

Kakira Sugar Works is the largest manufacturer of sugar in Uganda, producing an estimated 165,000 metric tonnes of sugar annually, accounting for about 47% of the national output in 2011.[4][5]

Kinyara Sugar Works in Masindi District is Uganda's second-largest sugar manufacturer, accounting for about 31% of annual national output. Sugar Corporation of Uganda Limited (SCOUL), in Buikwe District, accounts for about 17% of national production. The remaining 5% (about 15,000 metric tonnes annually), is produced by Sango Bay Estates Limited, in Sango Bay, Rakai District.(See Annual Production & Market Share Among Uganda's Sugar Manufacturers)

The sugar produced by the companies is marketed to the Eastern African countries of South Sudan, Democratic Republic of the Congo, Burundi, Rwanda, Tanzania, Kenya and Uganda. Kakira Sugar Works is the flagship business of the Madhvani Group of Companies, the largest conglomerate in Uganda, accounting for over 10% of the Gross Domestic Product (GDP) of Uganda in 2010.[6] Kakira Sugar Works possesses its own social infrastructure : free schools for employees' children, roads, hospitals, staff housing...[7]

History[edit]

In 1920, the Vithaldas Haridas & Company, under the management of Muljibhai Madhvani, a twenty-six-year-old Indian-born Ugandan businessman, entrepreneur, industrialist and philanthropist, purchased 800 acres (3.2 km2) of land, in Kakira, between Jinja and Iganga, for the purpose of starting a sugar factory.[8] Muljibhai later became the Managing Director of Vithaldas Haridas & Company. That sugar complex, later renamed Kakira Sugar Works, opened in 1930. By adding to the original parcel of land, through purchases, the company land holdings at Kakira, were in excess of 9,500 hectares (37 sq mi), as of April 2009.[9] The sugar manufacturing complex at Kakira employs over 7,500 people, according to the company website.

In 1987, Kakira Sugar Works went through a $59.38 million rehabilitation program funded by the World bank and the African Development Bank. In 2000, the Madhvani group acquired 100% of Kakira Sugar Works' shares.[8]

Ownership[edit]

Kakira Sugar Works is a (100%) subsidiary of the Madhvani Group, based in Kakira, Uganda. The Group's shareholding is private and is not widely, publicly known.

New developments[edit]

As of November 2013, Kakira Sugar Works Limited is in the middle a US$75 million (about UGX:191 billion) factory expansion and upgrade. US$30 million (about UGX:76.5 billion), will be raised through a 10-year corporate bond on the Uganda Securities Exchange, and the remainder will be sourced from local banks. When the upgrade is completed, the factory's sugarcane crushing capacity will be increased to 7,500 tonnes per day. The co-generation capacity of Kakira Power Station, will also increase from 22 Megawatts to 52 Megawatts.[10]

Kakira Sugar Works announced in July 2014 that it would start the construction of an ethanol-producing plant by the end of 2016.[11]

See also[edit]

References[edit]

  1. ^ "Road Distance Between Jinja And Kakira With Map". Globefeed.com. Retrieved 13 July 2014. 
  2. ^ "Map Showing Kampala And Kakira With Distance Marker". Globefeed.com. Retrieved 13 July 2014. 
  3. ^ Google, . "Location of Kakira Sugar Works At Google Maps". Google Maps. Retrieved 13 July 2014. 
  4. ^ Among, Barbara (8 December 2008). "Kakira Doubles Sugar Production". New Vision. Retrieved 13 July 2014. 
  5. ^ Ojambo, Fred (5 April 2011). "Ugandan Sugar Producers Plan to Invest $197 Million to Expand, Diversify". Bloomberg News. Retrieved 13 June 2014. 
  6. ^ KSW, . (2011). "Kakira Sugar Works: Our History". Kakira Sugar Works (KSW). Retrieved 13 July 2014. 
  7. ^ Flick, David (2007). Africa: Continent of Economic Opportunity. SE Publisher. p. 349. ISBN 1-919855-44-0. Retrieved 5 April 2015. 
  8. ^ a b "About us". Kakirasugar.com. Retrieved 5 April 2015. 
  9. ^ Odongo, Jacobs (29 July 2008). "From India, Penniless, Madhvani Made A Fortune In Uganda". New Vision. Retrieved 13 July 2014. 
  10. ^ Kulabako, Faridah (15 November 2013). "Kakira Sugar Issues Shs76 Billion Bond To Raise Capital For Expansion". Daily Monitor. Retrieved 13 July 2014. 
  11. ^ Fred Ojambo (25 July 2014). "Uganda’s Kakira Sugar Plans to Produce Ethanol Fuel by 2016". Bloomberg.com. Retrieved 5 April 2015. 

External links[edit]

Coordinates: 00°30′36″N 33°17′24″E / 0.51000°N 33.29000°E / 0.51000; 33.29000


Original courtesy of Wikipedia: http://en.wikipedia.org/wiki/Kakira_Sugar_Works — Please support Wikipedia.
This page uses Creative Commons Licensed content from Wikipedia. A portion of the proceeds from advertising on Digplanet goes to supporting Wikipedia.

62 news items

 
AllAfrica.com
Wed, 01 Jul 2015 14:56:15 -0700

Kampala — Ugandan and Kenyan sugar producers have a chance to reap from the huge demand from their regional neighbouring states of Tanzania and Rwanda. This follows the East African Community (EAC) Council of Ministers' decision to permit the two ...
 
AllAfrica.com
Wed, 01 Jul 2015 08:00:00 -0700

Kakira Sugar Works Limited and Kinyara Sugar Limited are both licensed to generate electricity for sale to the national grid from biogases, providing 12 MW and 5 MW respectively. The report states that despite Uganda's vast hydropower potential ...
 
Bloomberg
Thu, 24 Jul 2014 16:52:54 -0700

July 25 (Bloomberg) -- Kakira Sugar Works Ltd., Uganda's biggest processor of the sweetener, plans to build an ethanol plant by the end of 2016 after it spent $75 million expanding cane-crushing and power operations over the past two years. The ethanol ...
 
New Vision
Sat, 28 Jul 2012 03:35:50 -0700

Kakira Sugar Works is targeting production of 50MW of electricity by June next year, Mayur Madhvani the managing director said last week. “In December, we shall be generating 22MW meaning that we would be able to wire 10MW onto the national electricity ...
 
Reuters Africa
Wed, 21 Jan 2015 01:10:24 -0800

Output at Kakira Sugar Works (KSW), the largest of the three, is set to remain stable at about 180,000 tonnes. Production of the sweetener last year was up 25.2 percent from 2013, boosted by increased processing capacity and higher cane supply from the ...
 
East African Business Week
Fri, 05 Sep 2014 15:41:15 -0700

Uganda sugar manufacturing companies like Kakira sugar works produces 22MW of power at maximum capacity about 10MW (45.5%)of the generated power generated is used by the business estates at Kakira and other 12 MW which is about (54.5%) is ...

The Standard Digital News (satire) (press release) (registration) (blog)

The Standard Digital News (satire) (press release) (registration) (blog)
Wed, 21 Jan 2015 12:14:00 -0800

Output at Kakira Sugar Works, the largest of the three, is set to remain stable at about 180,000 tonnes. Production of the sweetener last year was up 25.2 per cent from 2013, boosted by increased processing capacity and higher cane supply from the ...
 
Uganda Radio Network
Thu, 12 Mar 2015 07:36:42 -0700

Ballan Hassan, one of the managers at Kakira Sugar Works Ltd,the leading sugar producing company welcomed the decision taken by Kenya. He says the company would increase production volume since they had reduced production after the ban was ...
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