×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

Mining budget jumps to Sh4b as counties get Sh6.9b in royalties

Vocalize Pre-Player Loader

Audio By Vocalize

A miner prospects for gold in Ikolomani, Kakamega. [File, Standard]

The government has increased the mining budget from Sh136 million to Sh4 billion as the industry seeks to distribute Sh6.9 billion in mining royalties to 32 counties.

It is the first time the government would be releasing such royalties to counties and communities in areas where mining is practiced since independence.

Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Business
MPs demand names of defaulters as Hustler Fund unpaid loans hit Sh12.5b
By Brian Ngugi 22 mins ago
Business
Mini-budget tests IMF austerity demands as State spending soars
Business
State: Gulf firms to keep fuel flowing into Kenya despite Middle East crisis
Business
GCR affirms Afreximbank ratings, removes rating watch on reduced sovereign risk