MPs, Senators jostle over sugar levy beneficiaries
The Sugar Bill introduces a four percent Sugar Development Levy on both domestic and imported sugar.
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The Sugar Bill introduces a four percent Sugar Development Levy on both domestic and imported sugar.
Debt waiver is part of the government’s plan to revive the struggling sugar companies.
The 2019 Sugar Industry Stakeholders Task Force Report. suggested dividing the region into five zones, each with two or more sugar mills. Farmers could then choose which mill to supply.
The announcement came amid stiff competition for mature cane among millers in Western Kenya, which pushed up the price of a ton of sugarcane to a record high of Sh5,500 last month, from Sh4,000.
The announcement came amid stiff competition for mature cane among millers in Western Kenya, which pushed up the price of a ton of sugarcane to a record high of Sh5,500 last month, from Sh4,000.