Diversification, access to private capital can revive sugar mills

Reading Time: 3 minutesMumias Sugar Company recently asked the Treasury for Sh3.1 billion, a substantive amount and coming on the heels of a combined Sh3 billion pay-out that was handed to the miller since 2013. The cash injection is meant to stave off a near collapse of the giant miller. The request by Mumias Sugar has triggered reader …

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