Market News
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CS Kazungu eyes 10% GDP growth after new mining sector rules
Posted on :Thursday , 11th August 2016
The Mining ministry is working on a 20-year strategy to leapfrog its gross domestic product contribution from one per cent to at least 10 per cent by 2030.CS Dan Kazungu said passing the Minerals and Mining Policy and assenting Mining Bill 2016 into law set the ball rolling."The new law and policy position Kenya towards the . . .Mining ministry to set up fresh licensing board
Posted on :Thursday , 11th August 2016
The government is setting up a Mineral Rights Board to replace the current licensing advisory committee, as it embarks on implementing the new Mining Act.
Mining Cabinet secretary Dan Kazungu yesterday said the board will oversee licensing and leasing, and is expected to reduce the time taken to process an application via the newly launched mining register portal.
Mining destined to be Kenya�s next �big thing� � top ranking official
Posted on :Tuesday , 9th August 2016
The Kenyan government considers mining as the proverbial sleeping giant of economy which will rise to prominence in the next ten years.Touting mining as “a key pillar for growth and economic transformation” the country’s mining cabinet secretary, Dan Kizungu, says Kenya is preparing the country for the next big wave of mining activity.. . .Kenya: The New Mining Frontier of East Africa
Posted on :Thursday , 4th August 2016
Nairobi — THE Kenya Mining Forum scheduled for next month in Nairobi will showcase why the East African country is the new mining frontier.
Mining Cabinet Secretary, Dan Kazungu, says the government has recognised the mining industry is a key pillar for growth and economic transformation and thus is preparing the country for the next big wave of mining activit. . .Kenya: New Mining Law Hopes to Generate Sh300 Billion Annual Revenue By 2030
Posted on :Thursday , 21st July 2016
Lobbying for influential positions has started in earnest in the new legal order that will govern mining.
The new mining law replaced some laws which were enacted in 1940s just after World War II.The law creates the crucial Mining Rights Board that will vet applications for licenses as well as a new parastatal, the National Mining Cor. . .Please Select an Option
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