TotalEnergies and Shell have found deposits estimated to be worth 2.6 billion barrels in Namibia. There have been discoveries in the Orange Basin and there are other prospective areas, including Luderitz, Kavango and Walvis basins. In collaboration with QatarEnergy and Namcor, Shell is investigating the offshore oil and gas resources in the Orange Basin. An additional 2.5 billion barrels of oil could be stored in its Jonker-1X well and 2.38 billion in its Graff well. Although oil mining in Kenya has stopped, TUKO.co.ke compiled a list of companies that sold oil mined in Turkana county.

June 26, 2024 23:30 UTC

People read a board featuring on hold Liberia's elections runoff in Monrovia, Liberia. The exchange rate also keeps climbing in the absence of a resolution to the country's disputed presidential election. Now an electoral crisis has compounded the problem, with conditions becoming intolerable in a nation hugely reliant on informal trading for income. That's why the rate has climbed from 110 to 130 Liberian dollars to the US dollar," he said, surrounded by brightly coloured flip-flops. Liberia has two legal currencies: the Liberian dollar and the US dollar.

June 26, 2024 23:12 UTC

Lawyer Ahmednasir Abdullahi now says that President William Ruto should not assent to the Finance Bill, 2024. "The Finance Bill has left Parliament and is on the President's desk. William Ruto should not assent to the bill. He noted that it is time President Ruto listens to the calls from Kenyans of all walks of life that the Bill is oppressive. "Lastly, the President must listen to the national consensus that the Finance Bill is oppressive and cruel to all Kenyans.

June 26, 2024 21:58 UTC

Today we talk about the opportunity in India, brand Coca-Cola is still a challenger brand in India. And it's - one of the hardest tasks we have is to take on." While some of these campaigns like "thanda matlab" were locally created, "happiness" is a theme adapted by different markets the brand is present in. "In a place like India, we've actually taken on that challenger mindset to unleash the potential that it (brand Coke) has, and we're very pleased with the early stages of that," Murphy said at the Deutsche Bank Global Consumer Conference in Paris. Murphy said in the last 3-4 years, there's been "tremendous consistency" with how the company was converting opportunities into value in different markets around the world.

June 26, 2024 19:22 UTC

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June 26, 2024 17:03 UTC





"The retirement of Quarcoo comes at a time when the media landscape is rapidly changing. By refocusing our efforts on digital innovation, we are poised to deliver even more compelling content and improve our profitability. We thank Quarcoo for his years of service and wish him all the best in his retirement” he added.

June 26, 2024 16:19 UTC

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June 26, 2024 16:06 UTC

All was well until after MPs finished the vote – which was taken manually, and the majority approved the bill. PANDEMONIUMTogether with my colleague Luke Awich, we moved to the main entrance where a body had been dumped by protesters. Cops who had escorted us to the tunnel insisted that we stay put as any movement would have alerted the protesters of the escape routes. It went for an hour or so before people started to find their way out of the tunnel. As equality reigned, the common goal being how to stay safe, and how to get out of the premises unscathed.

June 26, 2024 15:58 UTC

Kenya deployed military units to support the police across the country on Tuesday "in response to the security emergency caused by the ongoing violent protests" across the country "resulting in destruction and breaching of critical infrastructure", Defence Minister Aden Bare Duale said in a statement. Kenyan President William Ruto suggested protesters could expect a heavy-handed response, calling the demonstrations "treasonous" and saying a debate on taxes had been "hijacked by dangerous people". Two days before, Ruto expressed his pride in the mostly young protesters and said he was ready to have a conversation with them.

June 26, 2024 15:49 UTC

Oscar Sudi has vowed to take action against looters who stole liquor and other items from his Timba XO club. Looters broke into the Kapseret MP's club, Timba XO, which is located in Eldoret town, Uasin Gishu county and made away with all kinds of alcohol. The looters vandalised the entertainment joint and stole liquor and other items during the nationwide peaceful demonstrations of Tuesday, June 25. Some of the drinks included Hennesy VSOP, worth KSh 22,000; Martell VSOP, worth KSh 16,500; Martell XO, worth KSh 35,000; and Gordons Gin, worth KSh 5,000. All about Oscar Sudi's Timba XO clubProofreading by Jackson Otukho, a multimedia journalist and copy editor at TUKO.co.keSource: TUKO.co.ke

June 26, 2024 15:48 UTC

This partnership aims to support Water Utilities through technical assistance and performance-based grants to build capacity for commercial borrowing through enhanced revenues due to mitigated physical and commercial water losses. “As a bank, we are committed to supporting Sustainable Development Goal 6 by improving access to WASH financing. Today, we are pleased to launch Phase III of WASH Financing in partnership with Aqua for All and Oikocredit. This program aims to catalyze access to WASH financing and provide resources to improve water and sanitation services in Kenya,” Chege Thumbi, Sidian Bank CEO said. Read: Mwenda Thuranira: From a Dishwasher to Real Estate Billionaire>>> Sidian Bank Feted For Having The Lowest Tariff

June 26, 2024 14:25 UTC

By NATION AFRICA More by this AuthorKenya's President William Ruto on Wednesday bowed to pressure from Kenyans after several protests and has declined declined to sign the Finance Bill 2024 to law. The move follows Tuesday's deadly protests that saw demonstrators breach Parliament premises for the first time in Kenya's history. “Following the passage of the Bill, the country witnessed widespread expression of dissatisfaction with the Bill as passed, regrettably resulting in the loss of life, destruction of property and desecration of constitutional institutions. President Ruto’s decision will likely be seen as an attempt to de-escalate already rising tensions following Tuesday’s countrywide demos. After it was passed by MPs, the Finance Bill was submitted to his office for signing into law.

June 26, 2024 14:08 UTC

Ciru Muriuki has been among the celebs at the forefront of the anti-finance bill protests. Photos: Ciru Muriuki, Charles Ouda. On Thursday, February 15, TUKO.co.ke reported that a sombre mood engulfed Kariokor Crematorium as family and friends of Charles Ouda paid their last respects. Has Ciru Muriuki moved on after Charles Ouda's death? The 42-year-old media personality wore black tights and a white t-shirt with Ouda's photo at the front.

June 26, 2024 13:42 UTC

Nairobi - President William Ruto is expected to address the country over the controversial Finance Bill 2024. William Ruto will address the nation at 4pm and Rigathi Gachagua at 5.30pm. Where will Gachagua address the nation from? At the same time, Deputy President Rigathi Gachagua will hold a press briefing from Mombasa at 5:30 p.m.A press invite from Gachagua's office, which was labelled as urgent, indicated that Gachagua would address the nation from the Deputy President's residence in Kizingo, Mombasa. William Ruto's speech after protests sparks reactionsMeanwhile, Ruto addressed the nation hours after the anti-finance bill protesters vandalised the state's infrastructure.

June 26, 2024 13:01 UTC

Kenya’s president William Ruto has declined to sign the controversial Finance Bill 2024 just a day after the bill was adopted by the National Assembly. The Finance Bill 2024 is planned to raise $2.7 billion in additional taxes to reduce the budget deficit and state borrowing. UPDATEKenya’s president William Ruto has announced that he rejects and withdraws the Finance Bill. ”Listening keenly to the people of Kenya who have said loudly that they want nothing to do with this Finance Bill 2024, I concede and therefore I will not sign the 2024 Finance Bill and it shall subsequently be withdrawn” he said. I am recommending a bipartisan multistakeholder engagement for us as a nation to speak to the future of our country,” President Ruto said.

June 26, 2024 13:01 UTC