Privatisation of millers stirs up new supremacy battle

Muhoroni Sugar Company cane hauling area, General Manager Nashon Osieko said the company has lost sixty million shillings due to ethnic clashes in Muhoroni. (Denish Ochieng, Standard)

The last few days have been bittersweet for Kenya’s largest sugar miller. In a triumphant marketing across retail centres in major towns, Mumias Sugar was back on the shelves after months of absence.

Consumers were offered a 30 per cent discount and riding on a market resurging from political doldrums, Mumias’ share price at the Nairobi Securities Exchange rose a marginal 0.5 per cent.