Cement News tagged under: royalty arrears
ARM and EAPC risk sanctions due to royalty arrears12 February 2019, Published under Cement NewsAthi River Mining (ARM) and East African Portland Cement (EAPC) are risking their operating licence following an audit report of companies in the cement sector that are in royalty arrears with the Kenyan state, according to a report by Agence Ecofin. A taskforce report recommended to the Ministry of Mines that the granting of such licences be tied to the payment of royalties or cement levy. It also wants payment records to be used as one of the licensing conditions. “To enhance royalty or ... |
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