Mumias revival lessons from Pan Paper

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Former employees of Mumias Sugar Company demonstrating at Mwitoto in Mumias on May 10, 2023. PHOTO | POOL

This commentary covers three issues. First, the receivership, fate and shenanigans surrounding Mumias Sugar Company.

Secondly, what happened during the receivership and liquidation of Webuye-based Panpaper and the lessons we should have learned from that process vis-à-vis the Mumias transaction,

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Note: The results are not exact but very close to the actual.