Mining Cabinet Secretary Najib Balala addressing journalists on January
29, 2014. A report by a Canada-based think tank, which names Kenya the
worst country on the continent in mining investment attractiveness, has
been dismissed by the government. FILE PHOTO | SALATON NJAU | NATION
MEDIA GROUP
A report by a Canada-based think tank, which names Kenya the
worst country on the continent in mining investment attractiveness, has
been dismissed by the government as ignoring the conditions on the
ground.
The Ministry of Mining terms the Survey of
Mining Companies 2014 report released last month by Fraser Institute as
malicious, saying it fails to consider developments that have recently
taken place in the sector.
According to Principal
Secretary Said Athman, the study also locked out key local institutions
which “could have provided authentic information” regarding the
industry.
“It is basically a perception thing, which
makes it very difficult for us to comment on such a report because it is
not based on facts.
“The mining sector has improved
significantly between 2013 and 2014, but the report shows that our
ranking has dropped within the same period,” Mr Athman said in an
interview with the Nation.
According to the report,
Kenya managed position 120 out of 122 countries that were included in
the survey, which was carried out last year, dropping from position 79
in 2013.
Uganda and Tanzania performed better than the
country at positions 92 and 56 respectively. The survey did not include
Rwanda and Burundi.
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