Nzoia Sugar tops in state debt waiver

STATE owned Nzoia Sugar is the biggest beneficiary of the recently approved Sh40 billion debt write-off for government run sugar companies. The sugar miller will have more than Sh27 billion of its debts written off as the government prepares it for privatisation alongside four others following the Sessional Paper no 12 of 2012 adopted by Parliament before it adjourned indefinitely...