Muhoroni slides into deeper financial hole as banks shut door.

Cane Tractors being loaded. FILE PHOTO | NMG

Muhoroni Sugar Factory is facing dire financial need as it cannot access funds from banks for cane development and maintenance of the plant, the Sugar Directorate has said.

The Agriculture and Food Authority (AFA) Director-General Joseph Ng’etich said the firm is on receivership and banks have shied away from lending money to them, a move that has affected its operations.

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