Kwale miner pays State Sh2 billion in royalties, taxes

mining


Business Daily | by Victor Juma


Base Titanium, the company mining titanium minerals in Kwale County, paid the Kenyan government a total of Sh2 billion in royalties and taxes in the six months ended December. It also paid its Australian parent firm a $30 million (Sh3.4 billion) dividend in the review period when it recorded a major earnings jump…

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