Mumias Sugar needs over Sh5bn to stay afloat

Many machines at the Mumias Sugar factory are idle due to lack of adequate cane. FILE PHOTO | NMG

Mumias Sugar Company #ticker:MSC needs more than Sh5.1 billion to resume full operations, managing director Nashon Aseka has disclosed.

Mr Aseka, who assumed office on Friday, said the company had many challenges which require the support of all stakeholders. He said his priority would be to ensure that farmers are well taken care, and to resolve cane poaching. 

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