Stop opposing leasing of sugar factories, CS Munya tells leaders - News Summed Up

Stop opposing leasing of sugar factories, CS Munya tells leaders


Agriculture Cabinet Secretary Peter Munya Monday said that leasing the ailing sugar factories will be good for the industry that over 10 million people depend on. Speaking at Nzoia Sugar Factory’s guest house in Kanduyi Constituency, Mr Munya asked those politicising the planned leasing of the factories to stop, terming them enemies of development. Mr Munya said that the government has waived Sh11 billion debts that Nzoia Factory was owing the State in readiness for leasing. The CS further said that the government has written off debts amounting to Sh62 billion owed by the ailing sugar factories across the country. "Treasury is cleaning up the books so that the Sh62 billion debts can be removed immediately," he said.


Source: Daily Nation July 20, 2020 16:01 UTC



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