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Originally published by Capital Businessbusiness
September 3, 2026
2h ago
New investor to take over Lake Magadi operations after Tata licence revocation
Speaking in Kajiado County today during a development tour, the Head of State said the new investor will be required to set up glass and chemical factories before being issued with a licence...
✨ Key Highlights
A new investor is set to take over operations at Lake Magadi after President William Ruto announced the revocation of Tata Chemicals Magadi's mining license.
- The new investor will be required to establish glass and chemical factories in the area before receiving a license.
- The revocation of Tata Chemicals Magadi's license occurred in July due to regulatory non-compliance, including a lack of a clear value addition strategy and outstanding royalty payments.
- President Ruto criticized Tata Chemicals Magadi for decades of operations without significant local investment or job creation.
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