Sugar & Confectionery

Revival of Nzoia, Chemilil, Sony, and Muhoroni Sugar companies begins with strategic investments and plans to repay farmer and worker dues.

Private investors risk losing leases to state-owned sugar mills if they fail to modernise and support cane farmers.

Kenya transfers operations of four state-owned sugar firms to private millers under a 30-year lease to boost sector recovery.

Zevia posts a 2% decline in quarterly revenue but achieves improved margins and stronger adjusted EBITDA through cost savings and innovation.

Privatization deal promises debt settlement and job security but raises questions over transparency and market concentration.