works type private industry manufacture & marketing of sugar founded 1969 headquarters kinyara masindi uganda products sugar website homepage kinyara sugar works whose complete name is kinyara sugar works limited kswl is a sugar manufacturer in uganda the third largest economy in the east african community . 1 contents 1 location 2 overview 3 history 4 ownership 5 production outlook 6 subsidiaries 7 see also 8 references 9 external links location edit the main factories of the company are located in the town of kinyara in masindi district western uganda . kinyara lies approximately 20 kilometres 12 mi by road west of masindi the nearest large town and the location of the district headquarters . 2 this location lies approximately 208 kilometres 129 mi by road northwest of kampala the capital of uganda and the largest city in that country . 3 the coordinates of the factory of kinyara sugar works limited are 1 38 14.0 n 31 36 30.0 e latitude 1.637222 ; longitude 31.608333 . 4 in addition to the factory at kinyara the company maintains a corporate office in kampala and warehouses in kampala and masindi . overview edit kswl is the second largest manufacturer of sugar in uganda producing an estimated 110 000 metric tonnes annually accounting for approximately 31 % of national output . 5 kakira sugar works located in kakira jinja district is the nation s largest sugar producer accounting for approximately 47 % of national output . sugar corporation of uganda limited scoul located in lugazi buikwe district produces about 60 000 metric tonnes about 17 % of national output . uganda s fourth largest sugar producer is sango bay estates limited producing 15 000 metric tonnes annually accounting for about 5 % of total ouutput in uganda in 2011 . the estimated 350 000 metric tonnes of sugar produced by the four leading sugar manufacturers in uganda is marketed to the eastern african countries of burundi democratic republic of the congo kenya rwanda south sudan tanzania and uganda . 6 history edit in the late 1960s the government of uganda established a sugar plantantion and factory at kinyara just outside the town of masindi in masindi district . during the political and economic turmoil in uganda in the 1970s and 1980s kinyara was adversely affected and production of sugar ceased . in the 1990s kswl was rehabilitated by booker tate limited with aid loan agreements for various funders underwritten by the ugandan government . sugar production resumed in 1995 . following the resumption and stabilisation of sugar production the government sold 51 % shareholding in kinyara sugar works limited to the rai group a mauritius based investment group . kswl has recovered and the ugandan government is planning to divest the remaining 49 % it ows in the enterprise by floating its shares in an ipo on the uganda securities exchange . 7 8 in september 2011 the uganda government sold a further 19 % shareholding in kswl to the rai group for us 9.1 million in cash . the sales agreement calls for the rai group to float the 19 % shareholding it has just acquired in an ipo on the uganda securities exchange after five years . 9 previous agreements call for the sale of the remaining 30 % shareholding to the following entities a 10 % to the omukama of bunyoro b 10 % to the kswl outgrowers and c 10 % to the kswl employees . that process is ongoing . 10 ownership edit as of september 2011 update the shareholding in kswl is as illustrated in the table below 10 kinyara sugar works stock ownership rank name of owner percentage ownership 1 rai group of mauritius 70.00 2 government of uganda 30.00 total 100.00 production outlook edit in september 2011 the rai group who own 70 % of the company shares signed commitments to a invest us 55 million in the factory within three years b increase production to at least 200 000 metric tonnes annually within the same time period and c use the baggase to generate 35mw of electricity of which 22 mw will be sold to the national grid . 9 subsidiaries edit kinyara sugar works limited is the 100 % owner of kinyara power station a 14.5 mw bagasse fired thermal electrical plant which is in the process of expanding popwer production capacity to 40mw by 2015 . 11 see also edit masindi district economy of uganda list of sugar manufacturers in uganda kinyara power station list of power stations in uganda references edit francis mugerwa and george muzoora 17 february 2014 . fire razes 600 hectares of kinyara sugar canes . daily monitor kampala . retrieved 11 january 2015 . road distance between kinyara sugar factory and masindi with map . globefeed.com . retrieved 11 january 2015 . interactive map showing kinyara and kampala with route . globefeed.com . retrieved 11 january 2015 . google . location of kinyara sugar factory at google maps . google maps . retrieved 12 january 2015 . kinyara sugar works accounts for about 31 % of national output in 2011 ojambo fred 5 april 2011 . ugandan sugar producers plan to invest 197 million to expand diversify . bloomberg news . retrieved 12 january 2015 . administrator . 22 november 2010 . uganda government to sell its shares in kinyara sugar works . weinformers.net . retrieved 12 january 2015 . newvision archive . 13 april 2010 . government to sell kinyara shares next year . new vision kampala . retrieved 12 january 2015 . a b biryabarema elias 29 september 2011 . uganda government sells a 19 percent stake in sugar producer . reuters . retrieved 12 january 2015 . a b naturinda sheila 29 september 2011 . government sells stake in kinyara sugar works . daily monitor kampala . retrieved 12 january 2015 . walubiri moses 17 july 2013 . mps considering shs140 billion energy sector loans . new vision kampala . retrieved 12 january 2015 . external links edit website of kinyara sugar works uganda s total annual sugar production to hit 350 000 metric tonnes in 2011 website of uganda sugar cane technologists association uscta kinyara farmers get mediator for pay rise row coordinates 01 38 14 n 31 36 30 e 1.63722 n 31.60833 e 1.63722 ; 31.60833 v t e masindi district capital masindi towns and villages masindi butiaba kinyara geography lake albert economy barclays bank of uganda centenary bank stanbic bank uganda limited kinyara sugar works energy kinyara power station waki power station notable landmarks murchison falls national park budongo forest reserve bugungu wildlife reserve butiaba port omukama s masindi palace masindi hotel health masindi general hospital transport masindi airport kigumba masindi hoima kabwoya road notable people kabakumba masiko retrieved from https en.wikipedia.org w index.php title kinyara sugar works limited & oldid 731730219 categories sugar companiesagriculture in ugandacompanies of ugandafood and drink companies established in 1969masindi districtwestern region ugandahidden categories articles containing potentially dated statements from september 2011all articles containing potentially dated statementscoordinates on 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