Licensing of sugar millers not justified

At first glance, plans to set up two new sugar factories in Busia County would elicit little notice and certainly no comment.

But on a closer look, it seems strange that any prudent investor would plan to put money in a sector and a region where established players are staring at massive losses and possible collapse in a little over three months’ time, when sugar from the Common Market for Eastern and Southern Africa (Comesa) member countries is expected to swamp the local market.