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Kenya - Government to write off $464 mln debt of sugar mills

2013-02-22 14:46:43| Sugar Industry News

The government has agreed to write off KES40 bln ($1=KES86.15) debt owed by sugar millers as a final step to the sale of the five state-owned sugar companies Muhoroni, Sony, Chemilil, Miwani, and Nzoia, local press reports said.

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