Tata Chemicals Kenya 'exit': What is the Magadi issue behind Ruto's directive? Company responds
New Delhi, Sept. 4 -- Tata Chemicals has been directed to withdraw from Kenya after President William Ruto on Thursday took aim at the company for not delivering sufficient economic value to the country. Tata Chemicals on Friday stated it respects the Kenyan government's authority and will continue engaging with officials through established legal and regulatory channels to address the pending issues.
Ruto accused the company of shipping soda ash abroad without adequately developing local processing capacity to produce products such as glass and chemicals. He told the firm to "pack up and leave" as the government seeks to change how the mineral resources are utilised, according to Bloomberg.
The Kenyan government, according to Ruto, has...
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