Investor offers Sh2.2bn to Mumias Sugar farmers

mumias

Entrance to Mumias Sugar Company. FILE PHOTO | NMG

Businessman Julius Mwale, who placed a Sh27 billion bid in the leasing of ailing Mumias Sugar, has proposed a Sh2.2 billion to farmers in a bid to woo them back into sugarcane farming.

Mr Mwale, through his Tumaz & Tumaz Enterprise, said the money would be channelled towards growers through the Mumias Outgrowers Company for sugar cane development, providing farmers with a ready capital for venturing back onto farms.

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