The baron who imported 40 million kilos of sugar - News Summed Up

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The baron who imported 40 million kilos of sugar


By JOHN KAMAUMore by this AuthorWe wouldn’t have known the story had sugar baron Ibrahim Noor Hillowly not gone to court. The consignment – still held in Mombasa – is humongous: 40 million kilos of sugar which is equivalent to a kilo for every Kenyan! It is a saga that reveals what happens behind the scenes when the government opens a window for traders to import sugar duty-free to ostensibly deal with a crisis, either real or staged. Journalists were told that this was due to prevailing drought and that the loss-making Mumias Sugar Company (MSC), the largest in Kenya, had been shut for “routine repairs”. Ibrahim Noor Hillowly and his company Darasa Investments Limited was one of those who sought to bring in sugar, duty free.


Source: Daily Nation April 14, 2018 20:48 UTC



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