Connect with us

Business News

Base Titanium creates 3,400 jobs

Number of expatriates employed at the firm now stands at 3 percent as more priority is given to locals, representing two-thirds of the total workforce



Vision 2030 Delivery Board Chairman Dr James Mwangi operates a wet mining machine. Pointing on is Vision 2030 Delivery Secretariat Director General Dr Julius Muia and members of the Vision 2030 Delivery Board during a board committee site visit at the Kwale mines.

Kenya’s largest mining project has begun transforming the socio-economic status of Kwale residents in less than five years since it was initiated, says the Vision 2030 Delivery Board.

The Kwale Project-run by Australian mining firm, Base Titanium Limited has so far created a total of 3,400 jobs. Out of these 3,400 jobs, 624 are direct jobs with 96% of employees under this category being Kenyan citizens.

For every direct job created at the mine, it is supporting 4.3 million jobs in the wider economy. Kwale residents account for 64 percent of the total direct jobs created.

“With a focus on prioritizing local employment and a significant community development programme, we see the mining industry creating numerous employment opportunities and helping alleviate poverty,” said Vision 2030 Delivery Board Chairman, Dr James Mwangi.

He spoke to journalists during a Vision 2030 Delivery Board tour of the Base Titanium Kwale mining sites.

Over the last three years number of Kwale residents working for the company rose  from 135 in February 2014 to 409 as at June 2017.

Similarly, number of expatriates has reduced by close to 50% from 63 in February 2014 to 32 as at June 2017.

Number of expatriates employed at the firm now stands at 3% as more priority is given to locals, representing two-thirds of the total workforce.

A 2016 independent assessment by Ernst and Young showed the Base Titanium operations supported 1,400 indirect jobs in the supply chain through purchase of goods and services in the country.

A further 1,360 jobs have been supported through induced economic activity, mainly consumer spending due to direct and indirect employment.

Base Titanium made a direct contribution of Kshs 7.6 Billion to Kenya’s GDP in the 2016/2017 financial year and another Kshs 3.4 Billion through indirect and induced economic activity.

Over the expected life of Kwale mine, direct, indirect and induced contribution to GDP is projected to reach Kshs 100 Billion.

“The full implementation of the Project will make a significant contribution to the long-term development of Kenya under Vision 2030 particularly in the mining sector and to the economic empowerment of Kenyans,” said Vision 2030 Delivery Secretariat, Director General, Dr. Julius Muia.

Community programmes initiated by Base Titanium focus primarily on livelihood development, community infrastructure, health and scholarships to ensure mutual flow of benefits between Base Titanium and local community

More than 800 cotton farmers have been trained, given initial inputs and linked to viable markets. This programme supports government’s efforts towards revitalising the cotton value chain, a significant contributor to aspirations of Vision 2030.

READ: It’s God’s will. Mother says after losing five newborns

“Poultry farming, growing of potatoes, sorghum, maize and cowpeas have been implemented through field trials and are now at commercialization phase through training programmes about inputs, soil fertility and pest control to boost yields and profits,” said Base Titanium General Manager, Joe Schwarz.

Boreholes, education and health facilities have been developed by the firm since 2013 to the tune of Kshs 315 million. The Magaoni health center for instance, serves 4,000 residents with an average of 50 patients daily.

Other projects by the firm include the Kwale blood bank in Msambweni which will be the first blood bank outside an urban center in the country.

Nokia 8 - Share Both sides of the story.

Business Today is the leading independent online business website in Kenya. Started in 2012 by a veteran business journalist, it has a huge following both in Kenya and abroad. It covers various business and related issues. Email editor at: [email protected]

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News Updates

Education10 hours ago

Oxford launches guidebook for new curriculum

Oxford University Press (OUP) East Africa has, in partnership with teacher trainers, launched a free resource book in preparation for competency-based...

NEWS1 day ago

5 simple tricks Gordon Ogada used to win Sh230m mega jackpot

Gordon Paul Ogada, the guy from Kibera who won the SportPesa Mega Jackpot worth Ksh230,742,881 two weeks ago, is has...

Economy1 day ago

Drivers to pay Sh5,000 for refresher course

NTSA will also subject the drivers to medical tests on conditions that my affect their daily duties in the road

Health2 days ago

Govt partners with Johnson & Johnson on cancer control

The National Cancer Control Strategy 2017-2022 is geared at reducing cancer incidences, morbidity and mortality in Kenya

Disruptors2 days ago

Six-year-old boy creates high-tech computer game

EthanMan app is available for downloads on android play store for kids to read books and play games

NEWS2 days ago

Miguna makes fresh demand on passport

Judge Kimaru said the removal of Miguna Miguna from Kenya on February 6th was illegal and had no merit in...

Economy2 days ago

Citizens to get Sh30,000 bonus as economy grows

Singapore expects an overall budget surplus equivalent to 2.1 percent of its GDP

NEWS2 days ago

Gold worth Sh100 million found at JKIA

The gold is alleged to have been in the custody of a 46-year-old Tanzanian man

NEWS3 days ago

Water crisis hits major towns as rivers dry up

Athi Water Services Board, which manages water resources in various urban areas, notes 75% of Nairobi residents do not get...

Health3 days ago

Ebola scare after a student dies in Keiyo South

County executive says they have already communicated with the ministry of Health headquarters and a sample sent to the Kenya...