Dealers seek way out of minerals export freeze

Principal Secretary for Mining Elijah Mwangi.

Photo credit: Sila Kiplagat | Nation Media Group

Dealers in precious minerals such as copper, which the government declared strategic last year, are seeking a transition window to export them to recoup millions of shillings in investments and pay debts to contractors, suppliers, and creditors.

In a letter to Mining Cabinet secretary Hassan Joho, the dealers are pleading for more time to clear stocks before the tighter rules governing licences and permits of more than a dozen minerals are enforced.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.