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State bets on digital tracking system to curb tax evasion in mining sector
Cabinet Secretary for Mining, Blue Economy and Maritime Affairs Salim Mvurya during the press conference in Nairobi on April 12, 2023. PHOTO | DENNIS ONSONGO | NMG
The State Department for Mining plans to instal a digital system to track mineral production, sales and royalties paid by mining companies in a bid to nab tax cheats.
The department says operations in the mining sector are continually getting more complex, fuelled by the growth of Kenya’s minerals portfolio and reserves as more mineral discoveries get underway but this has not been matched with increased royalties to the government.