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Statehouse Kenya wrote:Mumias Sugar company board taken to task over poor performance Nairobi, 30th July, 2013 - PSCU
Mumias Sugar Company Board of Directors has been taken to task over the company’s poor performance.
At a meeting with President Uhuru Kenyatta and Deputy President William Ruto, Members of Parliament from Western Kenya asked that directors of the Sugar Company be summoned to explain what they saw as a downward spiral. The meeting was convened to discuss the Jubilee’s development agenda for the region.
“We cannot allow the company to collapse under our watch,” President Kenyatta said. President Kenyatta said he would urgently look into the subject.
The MPs, led by Lugari MP Ayub Savula discussed a broad agenda, including revival of Pan-Paper Mills, infrastructure and transformational projects such as the dairy industry.
The President said Government would explore how to revive Pan-Paper Mills, which is a major employer in the region.
President Kenyatta called on the MPs to encourage the residents to engage in dairy and other types of farming as the area has good weather and soils, instead of relying solely on sugarcane.
President Kenyatta was responding to issues raised by the legislators during the meeting.
................................................ Ends… "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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