According to Mr. Satchu, kenya’s  current status as a free market, puts the nation in a unique position to flood in investment locally as well as internationally. This in-yturn is expected to give the entire a sector a major boost in the following decade.

 

 Mr Satchu further said that, “ the opportunity to take a close look at the mining industry came via Base Resources on whose Base Titanium Kenya Board I serve. It has been an amazing opportunity to see the best of breed mining operation up close and personal. 

 

While speaking of the problems facing the mining sector in Kenya he said “the sine qua non of a successful mining sector is policy making stability and certainty. I believe we have that. These investments are long term. We need to be aware of these realities. In the comparison (see Tanzania and SA), Kenya’s mining star is shining bright. The biggest challenge remains capital and building out a capital markets which can support the industry.”

 

He also stressed only the critical role the government will have to play, for the country to progress further. Mr satchu acknowledged the hype surrounding the industry today, while also expressing the need for awareness with regard to the resource nationalism argument. 

 

Mr. Satchu also spoke on the importance of empowering local communities by the government.

 

Mr Satchu is also expected to chair the Investor’s Breakfast. About which he said “I am very excited to be chairing this discussion. Investors are the missing ingredient. I am keen to tease out how we crowd investors in and how we construct a best of breed capital markets which allows us to capture more value.”

 

Source : Business News Africa