Kwale miner Base Titanium has set aside Sh1.1 billion ($7.7 million) to compensate hundreds of workers set to be laid off as it winds down its Kenyan operation by the end of this year.
The company made the redundancy provision in its financials for the six months ended December 2023, indicating that it is on course to close down the Kwale operation upon the depletion of commercially viable ore.
