Amend insolvency law for fast revamp of the sugar sector

Trucks of sugar at the Mombasa port. FILE PHOTO | NMG

The sugar sub-sector is a key factor in Kenya’s economy. Apart from providing food security, the sector employs millions that rely on it directly or indirectly through sugarcane farming, distribution, retail services and other upstream and downstream supply chain activities.

The genesis of poor performance of State-owned sugar millers began when the State took over the running of these companies from among others Mehta Group, Booker Tate, Magahbhai D. Hindocha,Devjibhai K. Hindocha and George Russell Mayers and other expatriates. Political appointees ruined their management.

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