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Sugar & Confectionery – AFRICAN & MIDDLE EAST NEWS
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South Africa’s sugar industry backs proposed tax exemption to protect rural jobs, boost local sales
A proposed exemption could empower South African sugar producers by promoting local sales and supporting over one million livelihoods.
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Kenya secures US$95.09M to revive four major sugar mills under 30-year lease agreements
Revival of Nzoia, Chemilil, Sony, and Muhoroni Sugar companies begins with strategic investments and plans to repay farmer and worker dues.
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Kenya Sugar Board warns private millers over factory leases
Private investors risk losing leases to state-owned sugar mills if they fail to modernise and support cane farmers.
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Kenya leases four sugar factories to private firms in major sector revamp
Kenya transfers operations of four state-owned sugar firms to private millers under a 30-year lease to boost sector recovery.
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Kenya’s Nzoia Sugar leased to Jaswant Rai in 30-year deal
Privatization deal promises debt settlement and job security but raises questions over transparency and market concentration.