Mumias Sugar loses Sh14 million as sugarcane razed in suspected arsonThe miller has lost about 500 acres of sugarcane valued at more than Sh14 million. "We have received complaints from the company and are following some leads," said Mumias OCPD Peter Kattam. Last month the firm started selling cane to other millers, claiming it did not have the capacity to crush it. SEE ALSO :Mumias Sugar eyes cash from scrap metal"We sold cane that was at our disposal so that we could get some seed money to start operations," said Mr Sheunda. The miller also owes cane farmers at least Sh700 million in cane deliveries, besides billions owed to suppliers and lenders.

Source: Standard Digital February 21, 2019 21:22 UTC