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Mumias receiver manager calls for fresh leasing bids

By Brian Kisanji | 4yrs ago

Mumias Sugar Company receiver-manager, Ponangipalli Venkata Ramana Rao [Nathan Ochunge, Standard]

Mumias Sugar Company receiver-manager Ponangipalli Venkata Rao has re-advertised a lease deal for the Sh15 billion assets of the debt-ridden sugar firm.

Rao yielded to pressure from stakeholders, including sugarcane farmers and politicians from Western, who demanded a publicly run bidding exercise.

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