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Emerging Markets

Kenya Moves to Release Sh2.9 Billion in Mineral Royalties to Counties

The Rio Times · 1h ago · 🇧🇷 Brazil

Kenya Moves to Release Sh2.9 Billion in Mineral Royalties to Counties

Kenya · Mining Key Facts —The sum: The government has moved to release Sh2.9 billion (about US$22.4 million) in mineral royalties held since 2016. —Beneficiaries: Thirty-two counties are due a share of the money. —The biggest: Kwale County, home to the former Base Titanium operation, is set to receive more than Sh1.38 billion (about US$10.7 […] The post Kenya Moves to Release Sh2.9 Billion in Mineral Royalties to Counties appeared first on The Rio Times .

Read the full story at The Rio Times →

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