The World Bank Group and the Competition Authority of Kenya (CAK) have raised fresh concerns over the government’s leasing of four state-owned sugar factories, warning that flaws in the process risk distorting the market further.
The World Bank Group and CAK reckon that the lease of Nzoia, Muhoroni, Sony and Chemelil sugar factories to private operators for 30 years from May 2025, may fail to deliver genuine market discipline if competition issues in both the leasing process and the broader market are not addressed.
