The management of Trans Mara Sugar Company has raised concern over 30,000 bags of its sugar which has not been sold.The said the local market is flooded with cheap sugar imports from Tanzania and Uganda and hence are not able to get market for their commodity.
The company CEO Rajesh Bhargava told the Star that the sugar which is worth Sh120 million has been in the warehouse for the last two months. Bhargava said low sales had led to the delays in processing farmers' payment. He lauded the recent government's move to regulate sugar importation to allow the local industry to thrive.
"We are grateful to the government for taking the action to save our local sugar industry from collapsing. If they are not checked, both the millers and the farmers will suffer," Bhargava said.
The CEO said failure to sell the sugar has affected the company's Corporate Social Responsibility programmes for the residents.
Bhargava however said despite the challenges, the company has managed to pay out more than Sh1 billion to farmers supplying cane to the factory.