Governor Oparanya calls for privatisation of Mumias Sugar Company - News Summed Up

Governor Oparanya calls for privatisation of Mumias Sugar Company


| Updated Tue, June 13th 2017 at 00:00 GMT +3Kakamega Governor Wycliffe Oparanya photo:standardGovernor Wycliffe Oparanya now wants the national government to relinquish its 20 per cent shares in Mumias Sugar Company. "By having 20 per cent shares in the company, it means the national government controls everything regarding the company. This has not worked well in efforts to revive the company," Mr Oparanya said in an interview. Private companies are making profits and that is why we want Mumias Sugar Company to be sold to a private investor to handle it," he said. ALSO READ: Mumias Sugar Company gets new MDThe company is now a cash cow for some people.


Source: Standard Digital June 12, 2017 17:03 UTC



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