{"id":5785,"date":"2025-05-12T10:41:42","date_gmt":"2025-05-12T10:41:42","guid":{"rendered":"https:\/\/tandaomedia.co.ke\/?p=5785"},"modified":"2025-05-12T10:59:51","modified_gmt":"2025-05-12T10:59:51","slug":"tmg-economy-3","status":"publish","type":"post","link":"https:\/\/tandaomedia.co.ke\/index.php\/2025\/05\/12\/tmg-economy-3\/","title":{"rendered":"\ud835\udc09\ud835\udc1a\ud835\udc2c\ud835\udc30\ud835\udc1a\ud835\udc27\ud835\udc2d \ud835\udc11\ud835\udc1a\ud835\udc22&#8217;\ud835\udc2c \ud835\udc0d\ud835\udc33\ud835\udc28\ud835\udc22\ud835\udc1a \ud835\udc12\ud835\udc2e\ud835\udc20\ud835\udc1a\ud835\udc2b \ud835\udc13\ud835\udc1a\ud835\udc24\ud835\udc1e\ud835\udc28\ud835\udc2f\ud835\udc1e\ud835\udc2b \ud835\udc12\ud835\udc29\ud835\udc1a\ud835\udc2b\ud835\udc24\ud835\udc2c \ud835\udc02\ud835\udc28\ud835\udc27\ud835\udc2d\ud835\udc2b\ud835\udc28\ud835\udc2f\ud835\udc1e\ud835\udc2b\ud835\udc2c\ud835\udc32 \ud835\udc1a\ud835\udc27\ud835\udc1d \ud835\udc13\ud835\udc2b\ud835\udc1a\ud835\udc27\ud835\udc2c\ud835\udc29\ud835\udc1a\ud835\udc2b\ud835\udc1e\ud835\udc27\ud835\udc1c\ud835\udc32 \ud835\udc03\ud835\udc1e\ud835\udc26\ud835\udc1a\ud835\udc27\ud835\udc1d\ud835\udc2c!"},"content":{"rendered":"<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"500\" src=\"https:\/\/tandaomedia.co.ke\/wp-content\/uploads\/2025\/05\/hF0OKx8XVImy0l2AzaaHJVX6II1wA8HRs9QvyAqQ.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" srcset=\"https:\/\/tandaomedia.co.ke\/wp-content\/uploads\/2025\/05\/hF0OKx8XVImy0l2AzaaHJVX6II1wA8HRs9QvyAqQ.jpg 800w, https:\/\/tandaomedia.co.ke\/wp-content\/uploads\/2025\/05\/hF0OKx8XVImy0l2AzaaHJVX6II1wA8HRs9QvyAqQ-300x188.jpg 300w, https:\/\/tandaomedia.co.ke\/wp-content\/uploads\/2025\/05\/hF0OKx8XVImy0l2AzaaHJVX6II1wA8HRs9QvyAqQ-768x480.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n<p><strong><mark style=\"background-color:#ffffff\" class=\"has-inline-color has-vivid-red-color\">By Felix Wanjala<\/mark><\/strong>.<\/p>\n\n\n\n<p>The newly appointed investor in Nzoia Sugar Company, Jaswant Rai,has been urged to strictly adhere to all terms outlined in the lease agreement signed with the government regarding the factory&#8217;s management.<\/p>\n\n\n\n<p>According to the government, Rai emerged as the successful bidder for the 30-year lease of the Nzoia Sugar Company.However, a section of leaders have opposed the move, claiming the entire privatization process was shrouded in secrecy.<\/p>\n\n\n\n<p>They are now demanding full transparency and public disclosure of the privatization agreement.<\/p>\n\n\n\n<p>But who is Jaswant Rai? He is reportedly the chairman of Rai Group, a powerful business empire in Kenya with substantial influence across East Africa. Rai is recognized as one of the most influential industrialists in the region\u2019s sugar sector.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"500\" src=\"https:\/\/tandaomedia.co.ke\/wp-content\/uploads\/2025\/05\/hF0OKx8XVImy0l2AzaaHJVX6II1wA8HRs9QvyAqQ-1.jpg\" alt=\"\" class=\"wp-image-5787\" srcset=\"https:\/\/tandaomedia.co.ke\/wp-content\/uploads\/2025\/05\/hF0OKx8XVImy0l2AzaaHJVX6II1wA8HRs9QvyAqQ-1.jpg 800w, https:\/\/tandaomedia.co.ke\/wp-content\/uploads\/2025\/05\/hF0OKx8XVImy0l2AzaaHJVX6II1wA8HRs9QvyAqQ-1-300x188.jpg 300w, https:\/\/tandaomedia.co.ke\/wp-content\/uploads\/2025\/05\/hF0OKx8XVImy0l2AzaaHJVX6II1wA8HRs9QvyAqQ-1-768x480.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><figcaption class=\"wp-element-caption\"><strong><sub>An undated photo of Sugar and business tycoon Jaswant Rai. PHOTO | COURTESY.<\/sub><\/strong><\/figcaption><\/figure>\n\n\n\n<p>He plays a dominant role in Kenya&#8217;s sugar industry, controlling an estimated 43% of the national market.<\/p>\n\n\n\n<p>His business interests span several major sugar companies including West Kenya Sugar, Kabras Sugar, Sukari Industries, Olepito Sugar, and now the newly acquired Nzoia Sugar Company. <\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Felix Wanjala. The newly appointed investor in Nzoia Sugar Company, Jaswant Rai,has been urged to strictly adhere<\/p>\n","protected":false},"author":3,"featured_media":5786,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[6],"tags":[],"class_list":["post-5785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\ud835\udc09\ud835\udc1a\ud835\udc2c\ud835\udc30\ud835\udc1a\ud835\udc27\ud835\udc2d \ud835\udc11\ud835\udc1a\ud835\udc22&#039;\ud835\udc2c \ud835\udc0d\ud835\udc33\ud835\udc28\ud835\udc22\ud835\udc1a \ud835\udc12\ud835\udc2e\ud835\udc20\ud835\udc1a\ud835\udc2b \ud835\udc13\ud835\udc1a\ud835\udc24\ud835\udc1e\ud835\udc28\ud835\udc2f\ud835\udc1e\ud835\udc2b \ud835\udc12\ud835\udc29\ud835\udc1a\ud835\udc2b\ud835\udc24\ud835\udc2c \ud835\udc02\ud835\udc28\ud835\udc27\ud835\udc2d\ud835\udc2b\ud835\udc28\ud835\udc2f\ud835\udc1e\ud835\udc2b\ud835\udc2c\ud835\udc32 \ud835\udc1a\ud835\udc27\ud835\udc1d \ud835\udc13\ud835\udc2b\ud835\udc1a\ud835\udc27\ud835\udc2c\ud835\udc29\ud835\udc1a\ud835\udc2b\ud835\udc1e\ud835\udc27\ud835\udc1c\ud835\udc32 \ud835\udc03\ud835\udc1e\ud835\udc26\ud835\udc1a\ud835\udc27\ud835\udc1d\ud835\udc2c! 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