Agriculture Secretary Mwangi Kiunjuri says he is forming a committee to revive Mumias Sugar Company #ticker:MSC. He also announced plans to write off Sh38.5 billion in debts owed by various companies to pave way for the privatisation of the State-owned sugar millers.
The move to waive debt is one of the resolutions seeking to revive the ailing State-owned factories like Miwani, Chemilil, Nzoia, Muhoroni and Sony.
