By SHABAN MAKOKHAThe government appears to be throwing in the towel in its efforts to help in the revival of Mumias Sugar Company, having seen little signs of life despite pumping in billions of shillings in the miller. “To date, the government has given close to Sh4 billion to Mumias towards the bailout programme. But there is nothing to show [for] this money in Mumias,” said Mr Ruto. Taxpayers will likely sink in more billions to rescue the miller if the government remains averse to shutting it down. Once a giant sugar miller in the country, Mumias has over the past years been grappling with huge debts, archaic machinery and flooding of cheap imports into the market, making it difficult to compete.

Source: Daily Nation April 22, 2018 08:48 UTC