Visitors tour Tullow’s oil rig at Ngamia 1 in Turkana county in 2012. Analysts say the proposed law on oil exploration will be a boon for local companies and workers. PHOTO | FILE

The Big Story

Kenya proposes rules to require local stake in oil exploration firms

Kenya has proposed rules requiring oil exploration firms to give local investors a five per cent stake and use local suppliers and staff for their services to get a bigger share of earnings from the new sector....