Business
Kenyan subsidiary launches nationwide digital platform for mineral royalties
Reported by Varun Krishnan (Senior Writer) · Business Standard - Top Stories ·
Reported by one source so far
Representative image · PexelsCSM Tech Limited has launched Kenya’s first nationwide digital platform for mineral royalties. The system went live for the State Department for Mining under the Government of Kenya. It allows companies to declare their mineral extraction, have royalties assessed, make payments and enable the department to monitor compliance. Officials say the platform aims to boost transparency in the sector. It also seeks to improve compliance by automating reporting and to increase revenue administration efficiency. By moving all steps onto a single online portal, the government hopes to reduce manual errors and curb under‑payment. The rollout follows Kenya’s push to modernise its mining regulations.
Context
Mineral royalties are fees that mining firms pay to the state based on the value of extracted resources. Digital portals help governments track these payments in real time and lower opportunities for corruption. Kenya’s adoption mirrors similar moves in other resource‑rich countries aiming to secure more reliable income from mining.
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