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Mumias Sugar Company Given 14-Day Ultimatum

kenyans.co.ke/news/1...

submitted 9 months ago by Samuelwriter_ke

Mumias Sugar Company Given 14-Day Ultimatum

submitted 9 months ago by Samuelwriter_ke

Mumias Sugar Company Given 14-Day Ultimatum
  • Farmers in Mumias, Kakamega County, want Mumias Sugar Company to reveal its financial status within two weeks due to concerns about financial mismanagement.
  • They are frustrated about the company's inability to pay debts despite generating revenue from sugar sales and plan to take legal action if the report is not provided.
  • President William Ruto recently praised the company's reforms, including paying arrears to farmers and employees, and outlined measures to improve the sugar sector, aiming for Kenya to become a surplus sugar producer by 2026.
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