Milk farmers are demanding the first priority to buy the New Kenya Co-operative Creameries, which the government has lined up for sale.
The producers say the defunct KCC, which was renamed New KCC six years ago owes them more than Sh1.2 billion and that they were interested in buying it through private placement.
The giant milk processing company collapsed with farmers’ money before it was revitalised and renamed New KCC 2000.
The current company, New KCC, has not paid farmers since it resumed operations, six years ago.
Read more. . . (Business Daily)
