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Kenya: New ownership rules for foreign miners

Description

On 26 October 2012, the Mining Act was published in the official gazette of Kenya. According to the Act, all foreign mining sector investors need to involve a minimum of 35% of local shareholders if t...

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Intervention Details

Intervention Type

Local content requirement

MAST Chapter

I: Trade-related investment measures

Implementation date

26 Oct 2012

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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