Nairobi - Continued business reforms and sustainable private sector investments will drive Africa's economic growth to over 4.8 percent in 2013.
The current licensing policy is based on first come first service basis, which deprives the country of good resource rent which would otherwise accrue through competitive bidding.
Ã¢â‚¬Å“The licensing policy and regulatory regime is not robust enough to ensure strong governance,Ã¢â‚¬Â
Nairobi - ARM Cement Limited (formerly Athi River Mining Ltd) has posted a nine month net profit of Sh826 million marking a 328 percent growth from the previous year's Sh193 million.
Mr Kitwanga made the remarks following a one-day working visit he made to GGM last Monday.
Ã¢â‚¬Å“Generally your mine is doing a good job Ã¢â‚¬Â¦ I am impressed.Ã¢â‚¬Â However, he urged the mine to keep the government up-to-date with its endeavours and processes towards for becoming a cyanide discharge compliant company.