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The statement places the spotlight on the future of one of Kenya’s longest-running mining operations, which has been at the centre of a dispute over mineral rights, royalties, environmental compliance and licensing.
The decision was announced on Wednesday, October 7, following a meeting of the Monetary Policy Committee (MPC)
The agreement will cover electric vehicle assembly, charging infrastructure and the development of supporting value chains if implemented as proposed.
CMA urged Kenyans to exercise caution whenever an investment opportunity guarantees massive profits while downplaying or eliminating the possibility of losses.
The clarification comes as interest in Dangote's refinery projects grows in Kenya.
The proposed changes could allow informal workers to make social protection contributions based on when they have money available
Highlighting the urgency of the youth bulge, Dangote added: "We have a very young population. This population that we have, the younger ones, they are very, very hungry. They are very aggressive."
The development points to renewed pressure on household budgets, with businesses passing a growing share of their higher operating costs on to consumers.
The latest mass deregistration was announced through a Gazette Notice dated October 4, 2026
The arrangement is part of the 2026 Tax Amnesty Programme, which provides for the waiver of penalties, interest and fines on eligible tax debts, provided taxpayers meet the conditions set by KRA.
The MPC is set to convene on Wednesday, October 7, 2026, to assess prevailing monetary conditions before deciding whether to retain or adjust the CBR.
The association also called on the government to make public all contracts and agreements entered into with Dangote Group.
