×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App

Why reviving debt-ridden Uchumi Supermarkets and Mumias Sugar Company remains a tall order

The miller was the largest sugar factory in East and Central Africa. [Benjamin Sakwa, Standard]

In the run-up to the 2017 General Election, Mumias Sugar Company was set to receive Sh500 million from the National Treasury ahead of President Uhuru Kenyatta’s tour of the Western Kenya region.

And at the end of the election year that saw Kenyans go to the polls twice, another state-owned entity Uchumi Supermarkets had received Sh1.2 billion as part of the government’s plan to revive the ailing supermarket chain.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902