Awendo MP Walter Owino distributes relief food to Sony Sugar Company workers to cushion them against Covid-19 effects (PHOTO: Standard)Sugarcane growing Counties are free to apply for leasehold to run the State-owned sugar factories should they have the capacity to do so. SEE ALSO: Nyong'o, MP clash over Sh6.3b road''The sugarcane growing Counties are not restricted from applying to run the sugar factories. ''For sugar factories assets with a shorter life, for example, it would be wiser to keep a lease on as opposed to a buyout. ''If you want sugar factories for a short period less than 20 years then leasing is by far the best option over privatisation of the factories,'' Oparanya explained. There has been mixed feelings in the past over the mode of salvaging the cash trapped sugar factories with some people proposing privitising or even purchase of new mills.

Source: Standard Digital July 13, 2020 13:56 UTC