Business Daily | by Otiato Guguyu
Kenya’s earnings from mineral royalties are expected to decline by 12.7 percent to Sh1.4 billion this year after the coronavirus pandemic interrupted mining and export value chains.
The country’s biggest mineral royalty earner, cement will bring in Sh651.7 billion down from Sh686.9 billion while titanium will deliver Sh479 billion down from Sh582.9 billion, according to the Commission on Revenue Allocation (CRA).
The Treasury has continued to accumulate mineral riches while denying counties revenues where the precious commodities are extracted…
