DRC Budget Minister Pierre Kangudia has said that Kenya is on the right track in terms of setting up regulatory frameworks that will promote mining. “Kenya should ensure that minerals remain property of the state rather than investor property in order to retain and grow the country’s wealth,” Kangundia said during a press briefing on Wednesday. The government should be in charge in order to fully exploit minerals," Kangudia said. Mining CS Dan Kazungu lauded the President Uhuru Kenyatta for assenting the Mining Act, 2016, saying it will help fast-track Kenya’s budding mining industry. The Gem and Jewelry Fair scheduled for Nairobi from July 6-7 is aimed at positioning the country as a regional hub for precious minerals, value addition and trading as well as promoting and creating awareness among youth, women and the general public on opportunities in the precious minerals sub-sector.

Source: The Star July 05, 2017 19:29 UTC