Kenya: Cash-Strapped Mumias Sugar Denies Asset Disposal Claims

The management of Mumias Sugar Company has denied claims that it intends to sell some of the company's assets to sustain operations.

Board chairman Kennedy Ngumbau clarified on Thursday that some of the non-core assets - including the golf course, guest house, water bottling plant, sports ground, real estate and schools - will be leased to boost the revenue base and increase efficiency and production.

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