Skip to content
Government Securities

President Hands Over Mining Law to CS for Implementation

BY Soko Directory Team · June 15, 2016 12:06 pm

On Monday President Uhuru Kenyatta handed over the Mining Act 2016 to Mining CS Dan Kazungu for implementation. The Act was signed into law by the President last month. It provides clear guidance on mining activities in Kenya.

The President handed over the Act to the CS at State House, Nairobi, before leaving for Angola where he will attend the 6th Ordinary Summit of the International Conference of the Great Lakes Region.

The Mining CS expressed confidence in the new signed law stating that the law will streamline Kenya’s mining sector and open the gates for its development, as well as ensure environmental conservation

“This Act injects predictability and certainty that will fuel rapid expansion and sustainable development of the mining sector,” Kazungu said.

According to the CS, the Act is one of the “most progressive mining laws in the continent”. He said the new Mining Act 2016 is aligned to Kenya’s Vision 2030 and the constitution.

 

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system. Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

Trending Stories
Related Articles
Explore Soko Directory
Soko Directory Archives