870 Kenyans face the risk of unemployment and the loss of billions – here’s why

About 870 jobs are expected to be lost once Base Titanium, a mine located in the Kenyan town of Kwale, leaves the country next year.

Additionally, the State will lose out on billions of shillings in annual taxes and royalties.

The business’s parent company, Base Resources, located in Australia, claims there are insufficient titanium resources to support operations beyond December 2024, therefore ending the country’s most successful mining enterprise.

As of June 2022, the local subsidiary employed 888 people, with 98% of them being Kenyans, and the majority being from Kwale and Mombasa counties.

Source: BI