Kenya: GTSO Invited to Join Kenya’s Chamber of Mines

from Judy Miriga

Folks,

Policies are only authorized through the Legislative Policy Bill that are made through the Parliament, how are the Business Chamber of Commerce have express authority for such crucial matters that are touching on the Economic Stability and Wealth of the Nation?

Rare Mines are Rare Mines and so they are more lucrative in the Global Business and crucial and extremely important that care must be excercised in their being release freely without Restriction and Regulated Policy that which benefits the Nation with its People’s livelihood………
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We demand for food security first and foremost, GMO are a way to starve people and make them vulnerable to easy death eventually, which cause them to have no food as a result. Public are against GMO, and it has been impossed on the public by force, starting with DOMINION COMPANY that was influenced by PM Raila without being agreed and passed through the Parliament. Today PM Raila and Dominion have stolen people’s community land and the families are Internally Displaced People as Refugees.

They have no food or place to live and Dominion will not compensate those they took their lands. Kibaki and PM Raila’s leadership are pushing people’s lives and security into a quagmire, or which they must be urgently forcefully stopped by all means, before they do more worse damage to the Country’s wealth and security. We do not see why they are rushing to sell-out Auctioning the country before they complete the Devolution Federal Governance Bill for which all the Investment for such National wealth and resource are based.

These are the serious corruption with impunity we are complaining about. These two people must not be allowed to sell Kenya the way Ethiopia was sold to the Soviet Union. They are busy inviting investors into serious deals investment without protective measures for secured investment, preservation and sustainability, and without considering “Give and Take” principle value for gains, sustainability and for progressive factors in prosperity for destiny.
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We cannot afford this sort of Greedy “Provocative Jeopardy of Conspiracy” that is meant to consume and destroy human survival through driving people into excessive point of no return POVERTY. …..These two Principles must be forced out of Public Office, as they are in a hurry to Auction the whole Nationhood to Chinese and Indian Mission of consolidating Soviet Union Asianic power, and equally, before they do more damage in their greediness process to committing grave abuse on humanity.

Ethiopia has been destroyed, Somali has followed, and now these unscrupulous International Special Interest Corporate Business, are after Kenya down the line as they are in their Mission capture East Africa followed by the whole Africa to be under Chinese Mission invasion. This must not be accepted by good people of the world.

The whole world, the United Nation, Leaders of the world, friends and sympathizers must stand with us urgently to stop Kibaki and PM Raila now and not later.
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This is serious crime and abuse against humanity.

Thank you all,

Judy Miriga
Diaspora Spokesperson
Executive Director
Confederation Council Foundation for Africa Inc.,
USA
http://socioeconomicforum50.blogspot.com

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GTSO Invited to Join Kenya’s Chamber of Mines
Membership Would Ally GTSO with Driving Force Behind African Nation’s Mineral Development

SAN JOSE, Calif.–(BUSINESS WIRE)– As Green Technology Solutions’ (OTCQB:GTSO) ongoing pursuit of rare earth exploration in Kenya heats up, the company announced today that it has received an invitation to join the Kenya Chamber of Mines, the leading mineral industry representative and lobbying body in that Southern African nation.

As rare earth and gold prices continue to soar worldwide, GTSO has placed a high priority on developing new sources of the sought-after metals throughout Southern Africa. Kenya holds significant potential for mineral resources development, including rare earths, gold and other valuable metals. The Kenya Chamber of Mines is currently working hand-in-hand with the nation’s government to draft a national Mining Policy and revise Kenya’s outdated Mining Act in order to encourage new development of the nation’s mineral industry.

“Membership in the Kenya Chamber of Mines is an invaluable opportunity that we plan to fully pursue,” said GTSO President and CEO John Shearer. “Collaboration with Kenya’s top mining interests will help GTSO not only to successfully implement our business objectives in the region but also to lobby for reformation of the nation’s restrictive mining legislation, as well.”

GTSO will submit its membership application for review this week. Once a member of the Chamber, GTSO will help to facilitate new geophysical studies of Kenya’s mineral deposits that will replace outdated data from the 1960s.

“A new strategic mineral survey is needed in Kenya,” Shearer said. “Our plan is to assist the Chamber of Mines in securing U.S. funding for the survey so we can move forward with mining rights negotiations for any profitable deposits found.”

Green Technology Solutions commercializes clean and renewable mining technology and products in a sector that includes Avalon Rare Metals Inc. (AMEX:AVL – News), MV Rare Earth/Strategic Metals (NYSEArca:REMX – News), Quest Rare Minerals Ltd. (AMEX:QRM – News)and China Shen Zhou Mining & Resources, Inc. (AMEX:SHZ – News).

For more information on GTSO’s efforts to develop new sources of rare earth minerals around the world, please visit http://www.rareearthexporters.com/Investors.

About Green Technology Solutions, Inc.

The next generation of green technology — electric car batteries, wind turbine generators, photovoltaic solar panels — is made possible by precious elements mined from the earth’s crust, and the world’s dependence on these substances is rising fast. Today, these rare elements largely come from some of the most environmentally damaging mines in the world. Green Technology Solutions, Inc. offers clean mining solutions to the acquisition of rare earths, gold and other materials used in the latest green-tech innovations. Our cutting-edge clean mining techniques and strategies are generating business leads from around the globe as governments and corporations seek to lessen the environmental impacts of ore mining. GTSO is positioned to capitalize on exciting and potentially lucrative opportunities to develop cleaner mines in emerging nations around the world, including Mongolia, the Republic of Congo and many more. Our company is focused on aggressively growing and diversifying our business in order to produce green mining solutions for our clients on a global scale.

Green Technology Solutions, Inc. [http://www.greentech-solutions.com] is an OTCQB publicly traded company. OTCQB is the middle tier of the OTC market. OTCQB companies report to the SEC or a U.S. banking regulator, making it easy for investors to identify companies that are current in their reporting obligations. GTSO acquires, develops and implements the newest clean mining technology to enable our partner clients to expand operations throughout the world. Environmental restrictions represent the largest restriction to mining industry growth and operations. GTSO focuses on overcoming these environmental restrictions with brilliant cutting-edge clean mining technology.

For investment information, please visit http://www.GreenTech-Solutions.com/Investors.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

Contact:

Green Technology Solutions, Inc.
John Shearer, 408-432-7285
President and CEO
info@greentech-solutions.com

UNDP Pokes Holes in Kenya’s Efforts to Reduce Poverty

George Ngigi

13 July 2011

Kenya’s huge debt burden, rising fuel prices, and inadequate financial resources are slowing the country’s race to meet the Millennium Development Goals, a UN agency has said.

The UNDP says in a new report that the growing government borrowing coupled with debt repayment were denying Kenya the much-needed impetus to maintain the momentum of progress made so far in the efforts to meet the MDGs by 2015.

“The withholding of external aid in the last decade led to increased government borrowing, which has led to higher servicing costs. As more debt matures, the government will have to pay more money to service it, posing the danger of putting Treasury in a vicious circle of borrowing, thereby reducing the amount available for development” says the report.

To meet the MDGs, Sh411 billion had to be set aside annually in the budget for related sectors which was not the case in 2007/2008 financial year and 2008/2009 year where the minister allocated Sh330 and Sh393 billion respectively. However, in 2009/2010 the allocation rose to Sh521 billion indicating the governments urgency to regain lost ground. UNDP however notes how ironical it is that on one hand there is inadequate funding and on the other a lack of absorption capacity, which it attributes to inefficiency and bureaucracy.

Last year, ministries returned to Treasury Sh142 billion in unspent funds allocated to them for development projects. But the government reiterated it was acting to ensure it remains on course in achieving the goals.

“The post-election violence, successive droughts and global increases in food and energy costs especially after 2010, are likely to set this MDG off track. Interventions are therefore required and have already been initiated,” said the minister of state for planning, national development and vision 2030, Wycliffe Oparanya.

Other challenges facing the country are population increase especially in urban areas, climatic changes which have brought about extremes of flooding and drought occasioning disruptions in livelihoods of the poor and HIV/AIDS whose prevalence has gone down while absolute numbers of those infected remain high.

While overall poverty and unemployment levels fell, UNDP challenges the government to ensure that the growth is sustainable, inclusive and equitable.

“Progress has been uneven. This disparity is visible between and within countries but more pronounced amid urban and rural regions,” said Maria-Threase Keating UNDP country director.

On gender parity and equality, the provisions in the new constitution earned praise. The introduction of free primary education has also seen the education system achieve gender parity at the lower level with net enrolment up to 93 per cent from 68 per cent in 2000, with 83 per cent literacy.

The country has also made strides in the fight against Malaria, tuberculosis and high mortality rates. Immunisation coverage rose to 77 per cent in 2009 from 53 per cent in 2003, while safe births rose to 92 per cent from 40 per cent in 2004 and 55.7 per cent of households had mosquito nets.

Foreigners to Drive Country’s New Trade-Centred Diplomacy

Victor Juma

12 July 2011

Kenya has taken a new trade-centred diplomatic stance that will see the country deploy foreign nationals to head commercial departments of its missions across the globe.

Part of the plan is to hire nationals of the target markets with right skills and networks to head the charm offensive instead of sending Kenyans with little or no connections, said Foreign Affairs minister George Saitoti.

The move not only marks a major shift in the country’s diplomatic positioning but also makes a significant departure from the way Kenya has traditionally staffed its embassies and high commissions abroad.

“The expats should bring on board local knowledge that helps the missions come up with unique trade promotion strategies in countries of accreditation,” Prof. Saitoti said.

The new policy puts Kenya in step with countries such as the UK, India, Columbia, Brazil and Costa Rica that have effectively used diplomacy to champion economic interests and tilt trade balance in their favour across the globe.

Analysts said the shift to economic diplomacy is not unique to Kenya but is a rising global trend informed by the realization that the rise in global peace and stability is relegating politics from the diplomatic stage.

“Trade and investment now take up to 70 per cent of ambassadors’ time and this shift is likely to earn Kenya huge benefits,” said Gerishon Ikiara, a lecturer at University of Nairobi’s Institute of International Relations.

“A number of loans, grants, and big infrastructure projects Kenya has received in recent past have been born out of technical co-operation with selected partners,” he said.

Prof Saitoti said the new diplomatic stance should help Kenya grow its export markets, attract foreign direct investments, tourists, and speed up transfer of technical knowledge that the country needs to realise its development goals.

Though employment of foreign nationals may initially see a few Kenyans lose their jobs, the country is in the long term expected to claw back lost ground as increased investment at home and export growth create more jobs in the agricultural and manufacturing sectors besides driving foreign exchange inflows.

The ministry’s wage bill is also likely to rise faster as the foreign professionals ask for relatively higher compensation though the anticipated economic benefits could offset such expenses.

The ministry has scheduled an investment promotion fair in South Africa in December that will kick off a series of similar activities in Brazil, South Korea, Poland, and Nigeria in the medium term.

Kenya has steadily grown its exports in the past 10 years, a move that the United Nations Conference on Trade and Development (UNCTAD) attributes to product diversification.

The number of items exported stood at 222 in 2009 compared to 151 in 2000, representing an addition of 71 new items in 10 years, according to the trade agency.

This helped the value of exports grow from Sh121.4 billion in 2001 to Sh409.8 billion in 2010, or an growth average of eight per cent.

Foreign Affairs ministry has identified more than 20 markets it wants to use as hubs to deepen Kenya’s pursuit of economic diplomacy.

The list includes the UK, US, Spain, Dubai, Zambia, China, Brazil, and South Africa. The hubs will act as outposts from where Kenya will pursue its commercial goals in Africa, Asia and Australia, Western Europe, North and South America, and the Middle East.

Asia and Africa are Kenya’s biggest trade partners that business leaders have demanded a concentration of diplomatic efforts.

“The scale of economic diplomacy has to be in the context of the African agenda and must specifically target Africa’s untapped natural resources, high population, green energy and strong and resilient manpower,” said Carole Kariuki, the chief executive of the Kenya Private Sector Alliance.

Ms Kariuki gave the example of the newly independent Republic of South Sudan and Ethiopia as markets where Kenya must move with speed to sign bilateral trade agreements faster expansion of its economic interests and for greater impact.

Hiring local economic experts with inside knowledge of their respective cultures, language and business environments should add speed to Kenya’s quest for rapid growth and economic transformation.

“It is important to have people who have thorough knowledge of processes and institutions of decision-making in the big markets,” said Joseph Kieyah, an analyst at the Kenya Institute of Public Policy Research and Analysis (Kippra).

In the US, for instance, governments and companies spend billions of dollars annually to lobby the Congress on a number of diplomatic issues, including regulation of foreign donations and investments.

Casting a positive image in such markets is seen as critical to attracting investments and strengthening trade ties.

Attracting foreign direct investments is seen as critical to the creation of new jobs and steady the inflow of forex earnings.

Data from the Kenya Investment Authority (KIA) shows investors pumped Sh155.5 billion into the Kenyan economy in fiscal year 2009/10, down from Sh163.4 billion in 2008/09 the peak year.

Special department

To tap into the billions of shillings sent by Kenyans in the diaspora, the ministry has set up a special department (Directorate of Diaspora and International Jobs) that will provide them with information regarding investment opportunities in the country.

Kenyans in the diaspora send home more than Sh5 billion per month and the remittances have been climbing this year in tandem with the healing economies of Europe and North America the biggest source of the inflows.

Most of the cash is channeled into the booming property market and to support dependants, with analysts saying broader investments options could increase the remittances.

The government has previously announced plans to issue a diaspora bond but has frozen the plan, preferring to raise funds through regular domestic debt instruments.

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