Salima Sugar Company Dismisses Sale Rumours

Salima Sugar Company Dismisses Sale Rumours

Salima Sugar Company Limited has dismissed reports suggesting that the government is planning to sell the company, describing the claims as false and misleading. In a statement signed by Acting Chief Executive Officer Charles Thupi, the company said there are no plans to put the firm up for sale and that operations are continuing as normal. “We wish to categorically refute these allegations as no such plans are on the table for the sale of this …

No Sale, No Deal: Salima Sugar Breaks Silence, Dismisses Explosive Privatization Claims

By Suleman Chitera State-owned has come out strongly to shut down swirling reports that it is on the verge of being sold, calling the claims misleading and unfounded. Salima Sugar national netball final impresses NAM The controversy erupted after remarks made on the Hot Current program aired on , where it was alleged that there is “evidence” pointing to a looming sale of the sugar giant. The claims quickly sparked concern among the public, raisi…