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Mumias bailout: Will Kenyan taxpayer billions revive firm living on a wing and a prayer?

Kenya: In the coming weeks, the Government is expected to embark on a mission to rescue the ailing, loss-making miller, Mumias Sugar Company.

But analysts are grappling with some questions around this. The top ones are: Will the Treasury be throwing good taxpayer money after bad to keep the miller afloat? Is Mumias too important to fail? How did Mumias burn through the huge pile of cash it sat on nine years ago?

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