State to pay Turkana oil fields landowners

The State is finally expected to pay out billions of shillings to more than 516 landowners in Turkana County after a British exploration firm Tullow Oil presented a clearer plan for oil production in South Lokichar Basin.
Energy Principal Secretary Andrew Kamau said preparations for the co…

Court blocks KenGen Sh1bn Olkaria tender award

The High Court has blocked KenGen from awarding a tender worth close to Sh1 billion to H. Young & Company (East Africa) Ltd, pending the determination of a petition filed by a local company.
Justice Anthony Ndung’u blocked KenGen from signing the deal in a case filed by L…

Kenya’s bullet factory misses financial target

Kenya’s bullet factory failed to meet demand in the domestic market due to a wider financial loss of Sh694.3 million for the year ended June 2019, an audit report shows.
Auditor-General Nancy Gathungu said the Kenya Ordnance Factories Corporation (KOFC) losses increased from …