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Sale of sugar mills and Comesa entry spell doom to local sector
A crane offloads sugarcane from a tractor at Kibos in Kisumu. Next year, five State-owned millers are set to be sold to private investors in readiness for the lifting of Comesa safety nets in 2019. FILE PHOTO | NMG
When State-owned millers are finally sold to private investors next year, unlimited sugar from 19 regional countries will be allowed into Kenya, most likely spelling doom to local factories that are grappling with high costs of production.
Ageing machines and a perennial fight for dwindling raw materials are not making the sub-sector’s future any brighter.
