Monday, 10 June 2013



The expected closure of the refinery was long overdue
The Standard Digital News
The facility — owned 50-50 by India's Essar Energy and the Kenyan Government — imports crude oil from the Persian Gulf from which it processes liquefied petroleum gas, unleaded premium gasoline, regular petrol, automotive gas oil, industrial diesel ...
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Kenyan stocks snap gaining streak as investors book profit
Business Recorder
Kenyan shares have rallied 21 percent so far this year, lifted by foreign investors returning to the bourse after an election in March avoided a repeat of the nationwide bloodshed that followed a disputed presidential vote in 2008. Kenya Power, the ...
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Business Recorder
No power, no water, and not even roads to hospitals: All signs of a failing State
Daily Nation
Last week, huge parts of Nairobi went without water for days. The excuse was that a pipe had burst some place where a contractor was doing some work. The questions that beg answers are: When the county was authorising the contractor, did it inform him ...
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Kenya LSK boss threatens to block Kitui coal mining
CoalGuru.com
Law Society of Kenya chairman Eric Mutua at the weekend clashed with Ministry of Energy officials in Mui, Kitui County over coal mining concession awarded to a Chinese company. Mr Mutua, who is also the chairman of a liaison committee for blocks C and ...
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Huawei wins M-Pesa upgrade contract in Kenya
Mobile World Live
Apparently it takes 48 hours before payments made to Kenya Power are reflected in the utility's systems. Payments made to the National Hospital Insurance Fund can take up to 76 hours before they are acknowledged. "Safaricom will migrate to this new ...
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World Bank warns over Mombasa port inefficiences
The Star
"The Rift Valley area is very promising for Kenya's power needs especially geothermal...the bank will assist Kenya realise its energy needs," Diop added. The meeting also discussed issues relating to health, infrastructure development and tourism with ...
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5 Speculative Energy Plays With Near-Term Catalysts For The Thrill-Seeking ...
Seeking Alpha
For instance, the oil discovery at Ngamia-1 well in Kenya was a major catalyst that pushed Africa Oil's stock from $2 to $10 in March 2012. That was the company's first well in Kenya. However "the markets have a tendency to overshoot at both ends ...
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