Mwale Medical and Technology City founder Julius Mwale meets President Ruto

Mwale was accompanied by international investors with an interest to invest in Kenya. 

“We thank HE President Dr. William Ruto for hosting our delegation at Statehouse, Nairobi.

“The delegation of international investors was led by MMTC's Julius Mwale and held a strategic consultative meeting under the stewardship of the President in fostering partnerships in healthcare, agriculture, and infrastructure which form a base of Kenya's economy,” MMTC said in a statement.

This is the third time Mwale is meeting President Ruto since he was sworn in.

In September 2022 he met the President during United Nations General Assembly, later in December held a meeting with the Head of State at the US-Africa summit in Washington, DC.

The businessman has shown interest in reviving Mumias Sugar Company and a firm associated with him was the highest bidder during the miller’s lease bid in 2021.

Tumaz and Tumaz emerged as the top bidder with Ksh.27.6 billion for a 20-year lease in the Mumias Sugar bidding process which had attracted a total of eight bidders.

Uganda-based Sarrai Group was controversially awarded the tender despite being the lowest bidder at Ksh6 billion.

President Ruto has since promised to get a new investor to revive the sugar miller. 

"The government will pay all the debt for sugar factories. I will bring a new investor for Mumias and oversee the revival. I know all these people and issues. The current issues at Mumias cannot be allowed to continue," Ruto said previously.