Waziri Mayai Wa Maradhi
JF-Expert Member
- Jan 28, 2026
- 401
- 98
President William Ruto has announced intentions to outlaw the export of unprocessed gold from Kenya, requiring the material to be refined locally before being sold through permitted channels.
Ruto stated that the government would restructure the mining sector to guarantee that Kenya receives more value for its gold and other minerals, such as coltan and rare earth minerals.
Speaking during a media engagement at Kisumu State Lodge on Monday, September 14, 2026, the president said gold was being exported through unofficial channels and that the practice would be stopped.
Ruto stated that the Central Bank of Kenya (CBK) will be the primary point of sale for gold produced and refined in the country.
He stated that the agreement would promote transparent pricing and safeguard miners from intermediaries and brokers. The president stated that the government wanted miners to earn higher returns while keeping more value from the country's mineral resources within the economy.
He stated that three gold refineries were either active or in development, one in Kakamega and two in Nairobi.
Ruto stated that the current refining capacity would enable gold to be treated locally before being shipped.
Ruto stated that the policy would not be confined to gold, but would apply to other minerals extracted in Kenya.
He stated that he had directed the Ministry of Mining to organise the sector and ensure that mineral resources benefit the country rather than foreign buyers.
Source: People Daily
Ruto stated that the government would restructure the mining sector to guarantee that Kenya receives more value for its gold and other minerals, such as coltan and rare earth minerals.
Speaking during a media engagement at Kisumu State Lodge on Monday, September 14, 2026, the president said gold was being exported through unofficial channels and that the practice would be stopped.
Ruto stated that the Central Bank of Kenya (CBK) will be the primary point of sale for gold produced and refined in the country.
He stated that the agreement would promote transparent pricing and safeguard miners from intermediaries and brokers. The president stated that the government wanted miners to earn higher returns while keeping more value from the country's mineral resources within the economy.
He stated that three gold refineries were either active or in development, one in Kakamega and two in Nairobi.
Ruto stated that the current refining capacity would enable gold to be treated locally before being shipped.
Ruto stated that the policy would not be confined to gold, but would apply to other minerals extracted in Kenya.
He stated that he had directed the Ministry of Mining to organise the sector and ensure that mineral resources benefit the country rather than foreign buyers.
Source: People Daily
