Market News

  • Kenya Gives More Power to Mining Communities

    Posted on :Thursday , 8th September 2016

     Kenya has drafted 14 mining regulations to strengthen the government's capacity to manage exploration and extraction of minerals.

     
    The proposed Minerals and Mining Policy recently approved by the Cabinet, is anchored in the Mining Act, 2016, which came into effect on May 27.
     
    "The new law enhances Kenya's competitiveness by pr. . .

  • Ethiopia: Canadian Investors Keen to Engage in Energy, Mining Sectors

    Posted on :Thursday , 1st September 2016

     Ethiopia and Canada discussed to further strengthen their bilateral relations in the areas of trade, investment, peace and security.

     
    Foreign Minister Dr. Tedros Adhanom held talks with Office of the Ministry of International Development Parlimentary Secretary Karina Gould here yesterday.
     
    The Secretary told journalists following t. . .

  • Kenya: KNCHR Urges Taita Taveta County Government to Protect Mining Firms

    Posted on :Wednesday , 31st August 2016

     The Kenya National Commission on Human Rights (KNCHR) has urged the Taita Taveta County government to protect investors in the mining sector following numerous conflicts with locals.

     
    Addressing county government leaders in Mwatate, Taita Taveta County Monday, KNCHR chairperson Kagwiria Mbogori noted that some investors are counting loses due to the unending co. . .

  • Kenya sets Ksh 3B for compiling geological map

    Posted on :Tuesday , 30th August 2016

     The Ministry of Mining has received Ksh 3 billion from the government to compile a new geological map detailing available pockets of minerals and their quantities.

     
    Only 4 per cent of Kenya’s minerals have been located and mined, according to official estimates from the ministry, prompting the need for a clear study to inform prospective investments.
  • Kenya: Reforms in Mining Industry Underway, PS Says

    Posted on :Friday , 26th August 2016

     The government has started reforms aimed at ensuring transparency and accountability in the country's mining industry.

     
    Mining Principal Secretary Ibrahim Mohamed told delegates attending an international conference for auditors in Mombasa that as a regulator, the ministry had developed policies to promote the industry for socio-economic development.

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