Kenya Hosts inaugural Gem and Jewellery Trade Fair 2017
Wednesday, 5th July 2017 (Nairobi, Kenya)… The Ministry of Mining in conjunction with the Association of Women in the Extractives Industry in Kenya (AWEIK) have organized the first ever Gem and Jewellery fair in Kenya set to take place 6-7th July 2017 at the Intercontinental Hotel, in Nairobi Kenya. Read More
Press Statement By Hon. Dan Kazungu, EGH, Cabinet Secretary Ministry Of Mining On Hosting Of The First Ever Gem And Jewellery Fair In Nairobi Kenya On 6th -7th July 2017.
On behalf of the Ministry of Mining and the Mining Sector as a whole I wish to take this opportunity to announce that Kenya is hosting the First Ever Gem and Jewelry Fair scheduled for Nairobi from 6th-7th July 2017 at the Hotel Intercontinental.
The aim of this inaugural Gem and Jewellery trade fair is not only to position Kenya as a regional hub for precious minerals, value addition and trading but also to promote and create awareness among the youth, women and the general public of the opportunities available in the precious minerals sub-sector. Read More
Hon. Dan Kazungu (EGH) Cabinet Secretary Ministry of Mining today announced that Kenya will be host the first ever International Trade Fair dubbed, “Kenya Gem and Jewelry Trade Fair 2017”, . The Trade Fair scheduled for Nairobi from 7th-8th July 2017 is based on the theme, “Mineral for Value Addition”.
Making the announcement at his office today, Hon. Kazungu said the Ministry in conjunction with the Association of Women in the Energy and Extractive Industry (AWEIK) seeks to bring together stakeholders in the precious stone sub-sector including both local and international traders in gemstone and precious metal.
“The aim of the Trade Fair is also to position Kenya as the regional hub for mineral promotion and value addition in East and Central Africa” he added, adding that Kenya is home to some of the most precious and high quality gemstones in the world, namely; red rubies from Baringo and West Pokot, Green Garnet from Taita Taveta and Sapphires from Samburu.
Similarly; the Fair will compliment the government’s effort to create additional job opportunities especially for women and youth, and ultimately reducing employment in the said category and hence improved economic growth thereby improving the living standards of Kenyans, he paused.
The CS enumerated some of the benefits of the forthcoming international fair that it will promote awareness among Kenyans and the international community of the opportunities available in the country’s mining sector and the Minerals and Precious Stone Sector in particular.
Hon Kazungu said the Trade Fair will further present an opportunity for stakeholders to a tour of a mining area in Tsavo on the 8th July 2017 where some will have the first experience of what a mine looks like and how mining is done. They will also visit the ultra-modern Gem and Value addition Centre in Voi.
Hon. Kazungu said in an endeavour to further promote mining as next economic frontier, the government was seeking specialized competencies to conduct a national geophysical survey aims at mapping all the mineral deposits in the country. He said the exercise will produce the much needed accurate and comprehensive data/ information on what natural resource therein. He said with the information, it will be easier to sell Kenya’s mineral might since we know what we have and where; this information will attract both local , regional and foreign investors.
Other than the data, the Mining Act 2016 , the Mining Policy and other regulations that the Ministry has develop will further promote the sector adding that Kenya’s Mining Act is one the most progressive and its attractive and hence portends well for investments in the Sector.
The Fair seeks to showcase Kenya as a country endowed with rich mineral deposits adding that it was lamentable that some foreign gemstone traders buy raw stone from Kenya, they go to Asia add value and display them as their own products yet they are originally from Kenya. The Cs said that with operationalization of the Gem Centre, Kenya will competitively market it finished precious stones at the international markets.
Other thank gemstone fair, the forum will also offer opportunity to promote tourism as the delegates will visit the Tsavo National Part in Taita Taveta where the huge deposits of Green Garnet is home to.
The CS extended an invitation to all stakeholders in the Sector to maximize on the opportunities offered by the Trade Fare to share experiences and learn more about this lucrative sector that is yet to be fully explored and exploited.