[Benjamin Sakwa, Standard]The Government has written off Sh62 billion owed by sugar millers and farmers in the latest attempt to revive the ailing industry. “Cabinet has decided to approve the lease of five State owned sugar factories. The Government expects the leased factories to increase production of ethanol and electricity while maintaining sugar as the main product. “Additionally, some millers who had obtained temporary permits to import raw cane from Uganda for a limited period of three months (September to December 2019) have illegally continued to import raw cane. He said the illegal importation of brown sugar and raw cane has rendered locally manufactured sugar uncompetitive.

Source: Standard Digital July 02, 2020 21:00 UTC