1. After 100 years, Tata Chemicals ordered to stop operations in Kenya

After 100 years, Tata Chemicals ordered to stop operations in Kenya

World

  • Kenya President William Ruto ordered Tata Chemicals to stop operations, citing limited benefits to local communities on September 3.
  • The decision affects Tata Chemicals Magadi, which has operated Kenya’s soda ash business for over a century.
  • Ruto criticised the company for not making enough local investments despite its long presence in the country.
  • Tata Chemicals said it respects Kenya’s authority and will engage through legal and regulatory channels.

Source: reuters.com

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