The 20 billion hole that threatens to bring down Mumias Sugar

Mumias Sugar Company Board Chairman Kennedy Ngumbau Mulwa(right) and company Managing Director Nashon Aseka(left) during 45thannual general meeting at Booker Academy bon December 22, 2017. BY BENJAMIN SAKWA

For Mumias Sugar Company, problems are coming in droves. Yet, money -- the one thing they need urgently -- is only trickling in.

On supermarkets’ shelves, the brand is hardly available. And at the Nairobi Securities Exchange (NSE), Mumias Sugar is the only stock trading at below Sh1.