Kenya Commercial Bank (KCB) placed the miller under receivership two years ago and plans to revive operations remain in limbo. PROVISION OF SUBSIDIESThey will also be keenly following the reading of the budget statement, expecting provision of subsidies to enable them to increase sugar cane production. MAKING PROMISESMr Ibrahim Juma, the chairman of the Kenya National Federation of Sugarcane Farmers (KNFSF), said the government has been making promises in the past without fulfilling them. The federation, which represents farmers from Kakamega, Busia and Bungoma counties, is calling for proper funding of the sugar sector to revive state-run millers. “We are further hoping the government will finally agree to privatise the collapsed state-run sugar millers as the only viable option for their revival.
Source: Daily Nation June 10, 2020 06:00 UTC