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Leasing process to be taken to salvage the troubled Mumias Sugar company

9th June, 2021

The senate committee on agriculture has directed the receiver manager for Mumias Sugar Company Limited, Pvr Rao, to advertise intentions to lease the company as well as submit the technical evaluation report within two weeks. Committee Chairperson Njeru Ndwiga says the bidding process conducted by the receiver-manager to identify the new investor was not transparent. Pvr Rao told the senate that no investor had been identified to lease Mumias Sugar Company.

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