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Winding up: A local commercial bank wants Mumias wound up over Sh93 million debt
The events that have pushed Mumias Sugar Company from its lofty heights when its annual revenues topped Sh19 billion and its share price hovered around Sh50 each, is the stuff that makes good case studies of how not to run a company—private or public. The share has since dipped to around Sh2.50.
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