T
Originally published by The Standard Business
📰 Read Full Article
December 5, 2025
2h ago

CS Joho on spot over licencing of Devki's multi-billion iron ore deal

CS Joho on spot over licencing of Devki's multi-billion iron ore deal

The Ministry of Mining is on the spot for issuing Devki Group of Companies permission to extract iron ore for his Sh11 billion steel plant without consent from ranch owners...

✨ Key Highlights

Kenya's Ministry of Mining is facing scrutiny for allegedly granting Devki Group of Companies permission to extract iron ore without the consent of ranch owners. This comes after the commissioning of Devki's Sh11 billion steel plant by President William Ruto.

  • Sh11 billion: The cost of the Devki Iron Ore Pelletisation Plant.
  • Devki Group of Companies: The company at the center of the dispute over iron ore extraction permits.
  • The plant was commissioned on December 3, 2024, in Manga, Taita-Taveta County.

Continue Reading

Read the complete article from The Standard Business

📰 Read Full Article

Related News