Devki Group chair Narendra Raval is ready to start the revival of Mumias Sugar Company from next month if stakeholders and the receiver manager approve his bid. Raval had last week dropped his bid to lease the sugar miller following an uproar from some stakeholders. Raval said that he will bid to lease the miller for 20 years and was ready to inject Sh5 billion for the duration. "I bid for Mumias with a good intention of reviving it and improving the livelihood of the farmers and the local community. If the farmers, the leaders and the receiver want me, I am willing to start it by July 1," he said.

Source: The Star June 06, 2021 19:52 UTC