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    1.0.32

    Francis Wabuke Appointed as Mumias Sugar Acting General Manager

    Eunniah
    By Eunniah Mbabazi
    - November 29, 2019
    - November 29, 2019
    Kenya Business news
    Francis Wabuke Appointed as Mumias Sugar Acting General Manager

    KCB has appointed Francis Wabuke as the General Manager for Mumias Sugar in acting capacity. This comes after the miller was placed under receivership in September this year. Since then, it has been under the leadership of Ponangapalli Venkata Ramana Rao as the receiver-manager.

    Francis Wabuke is a former employee of the Booker Tate Company, an international agricultural production and processing consultancy firm.

    Additionally, the company is set to revive milling in January 2020 after carrying out repairs and maintenance of the factory.

    The sugar miller is partly owned by government under the National Treasury, with 20% stake in the company.

    KCB placed the sugar company under receivership in September so as to protect its assets and to the best extent, maintain its operations.

    See Also:

    Government to Transfer its Stake in Mumias to Kakamega County

    KCB Appoints a Receiver Manager for Mumias Sugar

    KRA Freezes Mumias Sugar Accounts, as County Govt seeks to Take Over Management


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