Kwale miner Base Titanium injected Sh16.5 billion into the Kenyan economy through royalties, taxes and supplier purchases in the year ending June 2022, new disclosures by its Australian parent Base Resources show.
Base Resources says in its inaugural sustainability report that the Kenyan unit spent Sh7 billion ($57.61 million) in payments to local suppliers, with this amount representing 71 percent of the company’s total procurement spend in the period.
