The national sugar task force plans sugar millers merger to reduce debts

Sugar Millers in Western Kenya. PHOTO | BMS

According to the report provided by the national sugar task force, the task force recommended merging the sugar Millers to make some profit.


The financially struggling State-run sugar millers are duped in staggering debts to the tune of Sh90.4 billion, a report prepared by the national sugar task force says.


The amount includes outstanding loans, taxes, penalties and fines due to the government.


The collapsed Miwani Sugar that has an outstanding debt amounting to Sh27 billion while Muhoroni Sugar Company owes Sh25.1 billion while
Sony Sugar Company owes the government Sh6.2 billion as Chemelil Sugar's debt amounts to Sh6.1 billion.


The Mumias Sugar Company, currently under receivership, has an outstanding debt amounting to Sh4.8 billion, excluding taxes, penalties and fines.