×
App Icon
The Standard e-Paper
Truth Without Fear
★★★★ - 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.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Business
Falling crude oil prices raise hope of relief at the pump
By Brian Ngugi 16 hrs ago
Business
Kenya's first dollar-denominated green property fund oversubscribed as investors seek hard-currency returns
By Brian Ngugi 22 hrs ago
Enterprise
Why US has beaten China to clinch Kenya's Sh9.7tr minerals deal
Business
From financing to procurement: Who is fooling whom in JKIA expansion deal?