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Troubled Mumias receives Sh500 million from Treasury

Mumias Sugar Company Board Chairman Kennedy Ngumbau Mulwa(left) flanked by new Managing Director Nashon Aseka(right) during their board meeting at the miller on June 15th, 2017. (Photo: Chrispen Sechere/Standard).

Struggling sugar miller, Mumias Sugar Company has received Sh500 million from the Government to help it deal with a biting cash crunch that has seen it remain closed for over three months.

The cash-strapped miller, which has not paid staff for more than four months now, is also unable to pay duty for a spare part it imported to help it complete its factory maintenance to allow it resume operations next month.

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