Kenya Seed firms in Dar, Uganda post Sh77m loss

Auditor-General Edward Ouko. He says in a report that Kenya Seed Company subsidiaries in Tanzania and Uganda posted Sh76.8 million loss in the year to June 2016. FILE PHOTO | NMG

Kenya Seed Company subsidiaries in Tanzania and Uganda posted Sh76.8 million loss in the year to June 2016, Auditor-General Edward Ouko has said in a report.

Mr Ouko says Kenya Seed’s firm in Tanzania-Kibo Seed Company Limited, has a net current liability of Sh132 million and accumulated loses of Sh75 million.

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