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Mumias Sugar Expansion

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Uploaded by on Feb 15, 2011

Mumias Sugar Company has expressed its interest to acquire some of the 5 state owned sugar factories once they are put up for sale. The company which also intends to set up another factory in the Tana delta is eyeing at least two of the factories located in the western sugar belt as it seeks to expand and diversify its operations to boost its revenue streams. Mumias is banking on a new international credit rating of a+ to access cheaper credit to fund the new projects.

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