Industrialist Narendra Raval/Photo Courtesy

Investor supports privatization of government-owned industries

Industrialist Narendra Raval has called for privatization of factories and state-owned enterprises urging the government to hand over production and job creation to the private sector, noting that profitable industries and poverty reduction can only be achieved through private investment. Raval, the chairman of Devki Group of Companies, made the remarks recently during a special…

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Devki chairman Narendra Raval speaking on Saturday during a Special General Meeting (SGM) of the cooperative held in Kishushe/Photo by Michael Oduor

Devki pledges compliance with law as Kishushe Ranch grants consent for Iron Ore mining

Devki Group of Companies has pledged to strictly adhere to the law and prioritize local interests after shareholders of the Kishushe Ranching Cooperative Society Limited granted the investor consent to proceed with iron ore mining in Taita Taveta County. The commitment was made on Saturday during a Special General Meeting (SGM) of the cooperative held…

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