Exploring the trade-off in Kenya’s mining sector
Tuesday, June 16, 2020 0:01
By JULIANS AMBOKO |
Oil exploration in northern Kenya.
Tullow Oil notes that whereas it remains broadly bullish about Kenya’s prospects as a budding oil exporter, greater certainty around the country’s tax framework would go a long way in catalysing investment into the sector.
Kenya’s Mining and Minerals Policy of 2016 identifies a stable, transparent and competitive fiscal regime as one of the key pillars through which the country will be able to harness the economic potential of its mineral resources.
The Mining and Minerals Policy adopted four years ago was a major milestone for Kenya in its quest to optimise the economic potential of mineral resources.
Tonight on NTV Kenya starting 7:30pm, Business Redefined hosts the Principal Secretary for Mining, Kirimi Kaberia, to discuss the state of the mining sector and the progress made four years after adoption of the Mining and Minerals Policy.