Kenyan miners unhappy with unpredictable politics following new capital gains tax law

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Published: Wednesday, 17 September 2014

Mining companies with operations in the east African nation of Kenya are questioning controversial new mining taxes, saying they will drive investment out of the country.

By Allan Bariyo

Kenyan mining firms are dissatisfied with unexpected policy and legislative changes within the sector following presidential assent for a new capital gains tax in the country.

The Finance Bill 2014 was signed into law by Kenyan president, Uhuru Kenyatta, on 14 September, officially reintroducing a tax on...

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