Sharp Daily
No Result
View All Result
Sunday, June 1, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Coltan, mineral used in electronic devices discovered in Kenya

Brenda Murungi by Brenda Murungi
January 26, 2024
in News
Reading Time: 2 mins read

Kenya has announced that the precious coltan mineral, which is used in the manufacture of cell phones, laptops, and other communication gadgets, has been found in the country.

The rare metallic mineral, predominantly located in the eastern region of the Democratic Republic of Congo (DRC), is primarily utilized in the manufacturing of widely-used electronic devices like mobile phones, laptops, and video game consoles.

The identification of this mineral in Kenya is expected to enhance the country’s standing as a mineral exporter.

Cabinet Secretary Salim Mvurya, responsible for mining and the blue economy, announced the discovery of substantial coltan deposits in six counties.

RELATEDPOSTS

The rise of Kenya’s blue economy: A new frontier for investment

May 26, 2025

Investing in a post-dollar world

April 17, 2025

The CS mentioned that the government is in the process of planning and seeking investors to initiate mineral extraction for export purposes. He further revealed that the mining sector has encountered various challenges historically, such as insufficient investments. Nevertheless, the government is now dedicated to revitalizing the sector.

“Some have been carrying out mining of precious minerals without licenses; we shall weed out all those investors who don’t follow the law. We want mining to be a business where investors comply with all aspects of the law,” he lamented, stating that illegal mining is rampant in the country and the vice must be eradicated.

To fast-track the mineral testing exercise across the country, the cabinet secretary said the government will set up mineral testing laboratories in eight regions to ascertain the real minerals for each county.

”I have spoken with my PS, and we shall set up regional laboratories to have a clear test of the quality of minerals found in a particular area,” Muvurya said when he addressed locals in Ntharawe, Embu County.

Embu Governor Cecily Mbarire said the minerals would in a big way change the economy of the county since 20 percent of the mineral income will go to the county with 10 percent going to the residents. She, however, urged the government to weed out unlicensed miners who, he said, were misusing the locals.

Previous Post

Court postpones verdict in Jowie, Jacque Maribe murder trial again

Next Post

Kenyan shilling records 0.73% gain against US dollar

Brenda Murungi

Brenda Murungi

Related Posts

News

Co-op Bank posts KES 6.9 billion profit in Q1’2025

May 16, 2025
Agriculture And Economy
News

Lets get Kenya out of FATF list

May 9, 2025
News

The downside of Impact Investing

May 2, 2025
News

Leadership challenges at the University of Nairobi

April 24, 2025
News

Easter eggs and earnings: Growing your nest egg with CMMF

April 16, 2025
News

Geoffrey Ruku declares KES 377M net worth during CS vetting

April 15, 2025

LATEST STORIES

Best investments for Kenyan seniors: Secure, predictable & low-risk

May 30, 2025

Why June is the Secret Sweet Spot for Travel

May 30, 2025

Strategies to elevate more women to corporate leadership

May 30, 2025

Tap on Kenya’s 2025 tech revolution

May 30, 2025

How CURBS supports employers and employees

May 30, 2025

NSE deserves more attention from young investors

May 29, 2025

The silent strain of remote work on Kenya’s urban workforce

May 29, 2025

How Kenya’s crypto bill could reshape the digital economy

May 29, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024