Titanium mining in Kenya. Photo/the-star.co.ke
Kenya has been lauded on its efforts to setting up regulatory frameworks that will promote mining.
DRC Budget Minister Pierre Kangudia has said the country is heading in the right direction.
“Kenya should ensure that minerals remain property of the state rather than investor property in order to retain and grow the country’s wealth,” Kangundia said during a press briefing on Wednesday.
He has also urged the Kenyan government to put in place stringent laws that will ensure the industry is not over-run by cartels.
"Kenya should not be in any rush when it comes to mining. The government should be in charge in order to fully exploit minerals," Kangudia said.
On his part, Mining CS Dan Kazungu praised President Uhuru Kenyatta for assenting the Mining Act, 2016.
He said the bill will help fast-track Kenya’s budding mining industry.