The Green Innovations Awards 2014
NETFUND developed the Green Innovations Award (GIA) and has been awarding individuals and organizations that have demonstrated great innovativeness towards environmental conservation. Overall NETFUND-GIA winner receive an additional KES 1m and a trophy. Other prices include 500,000 and 250,000/= prizes for 1st and 2nd winners…
5 Ways to Identify A Fake Diamond
I know most of you are probably hoping to get married soon and I know other than that dream proposal the perfect diamond ring is on that wish list too. So how do you know the ring he bought fits the bill?
Did we sell all our oil blocks to Nigeria?
DID WE SELL ALL OR BLOCKS TO NIGERIA OR WHO’S CHEATING WHO?
Current Legislative Framework on Mining
The Mining Act 1940 (chapter 306 of the Laws of Kenya) (the “Mining Act”) regulates all mining activities in Kenya. The Commissioner of Mines and Geology (the “Commissioner”), heads the Department of Mines and Geology and is responsible for overseeing mining research and policy as well as implementing the Mining Act.
The ownership of all mineral deposits vests in the Government. In order to carry out mining activities, an investor must apply to the Commissioner to the necessary right, licence or lease as set out below in summary.
The Mining Bill 2013
The Mining Bill 2013 comes after months of vicious behind-the-scenes lobbying often pitting local mining interests against foreign miners. Being the first major review of the 1940 Mining Act, it comes with strict stipulations in an effort to safeguard interests of the citizens and Kenya.