Tullow sells businesses in Kenya for Ksh15.6 billion; millions lost as Nairobi Water fails to disconnect nonpaying users.
Analysis: Tullow Oil has agreed to sell its entire business interests in Kenya for Ksh15.6 billion (USD 120 million), officially marking its exit from the Kenyan market after more than a decade.
Analysis: An audit has revealed that the Nairobi City Water and Sewerage Company (NCWSC) failed to disconnect non-paying customers, resulting in a loss of over Sh344 million across 23,384 accounts in 2024.
