Sessional Paper No. 12 of 2012 on Write Off of Excess Government of Kenya Debt Owed by the Public Sector Owned Sugar Companies
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Ministry of Finance
Abstract
Kenya's sugar sub-sector which supports over six million Kenyans and has a critical role in achieving Vision 2030 objectives is likely to collapse when the COMESA sugar safeguards lapse, in view of the sector's inability to compete effectively with sugar from other countries, unless radical urgent reforms are put in place to· facilitate rehabilitation and expansion necessary to make the industry competitive.
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Keywords
Sugar Industry, Poor Management, Debt Management, Privatization, Sugar Board, Actual Debt, Kenya