Kenya's Ruto tells Tata Chemicals to leave
Kenya's President William Ruto ordered Tata Chemicals to leave the country, accusing it of failing to create jobs and process minerals locally. The order follows a directive from his mining minister five weeks earlier to suspend operations at one plant, reportedly for regulatory non-compliance, which the company disputed. Ruto said the government is seeking new investors to take over operations and establish manufacturing plants.
Why it matters: This reflects the theme of industrialization and local value addition in Africa's economic policy.