Oil explorer seeks Sh910m in damages from partner over Kenya project 'breach’

Africa-focused oil explorer Taipan Resources is seeking at least $10 million (Sh910m) in damages from EAX, its partner in a Kenyan oil field and a subsidiary of London-listed oil firm Afren. Taipan's Kenya-based subsidiary Lion Petroleum said it had opened an arbitration case against EAX for breaching certain conditions of a joint operating agreement, including contract award procedures and accounting procedures. Taipan Resources owns 20 per cent of the Block 1 oil field licence in Kenya, while Afren holds the rest [...]

Airtel Kenya rated top global brand on social media
Airtel Kenya has been rated as one of the top global brands on social media making it fall under the category of socially devoted companies in the region. The report is based on Airtel Kenya's high response rate in Facebook and Twitter in a report issued by Social Bakers, a leading global provider of social media analytic tools, statistics and metrics for the quarter ending December 2014. Being socially devoted means opening up to customers, receiving and responding to questions within the shortest time possible according to the pollister. Airtel Kenya scored high on Facebook and twitter with a total response rate of 92 per cent and 89 per cent respectively in the last quarter [...]