Be vigilant on sugar firm leases - News Summed Up

Be vigilant on sugar firm leases


Under-capitalisationWe must not forget that the government-owned sugar companies are not in the sorry state they are in merely because of bad management. Caused problemsThe third pertinent issue is the question of local private sugar millers. I am not against them and I think that all local private millers have a right to compete for the opportunity to run the government-owned sugar companies. But my view is that the local private millers cannot be part of the solution to the problems ailing the sugar industry. When it comes to the dodgy business of duty-free sugar imports, local private millers join in to play with crooked traders.


Source: Daily Nation August 11, 2020 21:00 UTC



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