[Caleb Kingwara, Standard]Kenya’s mining sector can contribute up to 12 per cent of the gross domestic product if fully exploited. This is according to a report by the Mineral Rights Board on how to attract mining investment that was launched this week. The report identified major challenges that have seen local and foreign investors shying away from the sector. Subscribe to Our Newsletter Subscribe to our newsletter and stay updated on the latest developments and special offers! “(This includes) lack of clarity around the set of laws, regulations and agreements that govern the economic benefits derived from mineral exploration,” the report said.

Source: Standard Digital March 05, 2021 19:51 UTC