West Kenya Sugar gets greenlight to invest KES 5.76 billion in Nzoia Sugar as Kenya rolls out sugar industry reforms.
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.
Privatization deal promises debt settlement and job security but raises questions over transparency and market concentration.