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Cash-rich State firms now spared privatisation axe

Mumias Sugar Company resumed full operations in 2014. [Benjamin Sakwa/Standard]

The Privatisation Commission has struck off some State-owned entities from the list of those that had been earmarked for sale.

The commission has at the same time expressed frustration at the protracted process of privatising the five Government-owned sugar millers that are, however, still on the list.

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