Fall of Mumias sugar made me run for office - MP Salasya

The MP said he believed in himself as the only voice that can change the lives of the people.

In Summary

• Mumias Sugar Company resumed its production after a new investor took charge.

• The company reported a net loss of Sh15.10 billion in the 2018/19 financial year against the previous year’s loss of Sh6.80 billion.

Mumias East MP Peter Salasya during an interview at the Star offices on September 14, 2022.
Mumias East MP Peter Salasya during an interview at the Star offices on September 14, 2022.
Image: CHARLENE MALWA

Mumias East MP Peter Salasya has said that the fall of Mumias Sugar Company inspired him to run for office in the August polls.

Speaking on Monday, the MP said he believed in himself as the only voice that can change the lives of the people.

"I come from a land where we do a lot of sugarcane farming, but because we did not have true leaders who could stand with that person on the ground, they allowed the cartels to collapse the company without bringing in an alternative," he said at an interview with Spice FM.

 

Salasya said that he researched ways to revive the sugar company, and presented it but faced backlash from people.

"I realized the only way to save Mumias sugar is for you to go through the receivership process, I started campaigning for it. It was put under receivership with KCB as I had told them earlier. Today as we speak it is on its feet and it's a source of employment," he said.

Mumias Sugar Company resumed its production after a new investor took charge.

While confirming its operation, Kakamega Senator Boni Khalwale said the company has hired 800 new employees with plans to push the number to the maximum staff capacity of 5,000 employees.

The company reported a net loss of Sh15.10 billion in the 2018/19 financial year against the previous year’s loss of Sh6.80 billion.

This was despite the firm receiving Sh3.70 billion bailout from the national government.

Mumias Sugar was placed under receivership in September 2019 by KCB, one of its creditors.

The miller owed the bank over Sh500 million forcing it to appoint an administrator in a bid to recover the money.

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