First financial report on sugar mills sale out Tuesday

Privatisation Commission chief executive Joseph Koskey. FILE PHOTO | NMG

The Privatisation Commission says the first of a series of reports on financial health of five State-owned sugar companies planned for sale will be out Tuesday next week.

The commission in a statement yesterday said a transaction advisor, who it says has been on ground, will be guiding the process that has already missed a 120 day deadline set by the Council of Governors and Agriculture ministry.

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