- Smart glasses enter new era with sleeker designs, lower prices
- Supreme Court looks poised to uphold TikTok ban
- 2024 hottest recorded year, crossed global warming limit
- Germany reports foot-and-mouth disease in water buffalo
- US hikes reward for Maduro arrest after 'illegitimate' swearing-in
- Robots set to move beyond factory as AI advances
- Pro-Russian disinformation makes its Bluesky debut
- UK gas reserves 'concerningly low', warns biggest supplier
- 2024 warmest year on record for mainland US: agency
- Meta policy reversal puts question mark on future of fact-checking
- Meta policy reversal puts question mark on furure of fact-checking
- Strong US jobs report sends stocks sliding, dollar rising
- US hiring beats expectations in December to cap solid year
- UK gas reserves 'concerningly low': Biggest supplier
- Global stocks mostly fall before US jobs data
- Ubisoft: the 'Assassin's Creed' maker targeted by suitors
- Stock markets drift lower as US jobs data looms
- Pakistan flight departs for Paris after EU ban lifted
- Nobel laureate Malala Yousafzai to visit native Pakistan for girls' summit
- AI comes down from the cloud as chips get smarter
- Tajikistan bets on giant dam to solve electricity crisis
- Uruguay bucks 2024 global warming trend
- Last 2 years crossed 1.5C global warming limit: EU monitor
- Japan 'poop master' gives back to nature
- US Supreme Court to hear TikTok ban case
- US Fed's December rate cut should be its last for now: official
- Paris Hilton among celebrities to lose homes in LA fires
- Airbus boosts plane deliveries in 2024
- Ubisoft reviews restructuring options, postpones new Assassin's Creed
- Lamborghini sets new sales record amidst hybrid push
- Lebanon army chief Aoun becomes president after two-year vacancy
- US emissions stagnated in 2024, challenging climate goals: study
- Lebanon army chief short of required majority in first round of president vote
- Global stock markets mixed tracking US rates outlook
- Lebanon meets to finally elect president after two-year vacancy
- Celebrities flee Los Angeles fires, lose houses as Hollywood events scrapped
- Japan startup hopeful ahead of second moon launch
- Ukraine allies to hold last defence meet before Trump takes office
- Myanmar military adopts anti-junta fighters' drone tactics
- CES tech looks to help world's aging population
- Rubber tappers forge sustainable future in Amazon
- US astronauts upbeat seven months into eight-day mission
- Extreme weather, suburban sprawl fuel LA's wildfires
- Political chess or true beliefs? Zuckerberg's surprise Trump pivot
- US Fed officials concerned over 'stalled' disinflation, tariffs: minutes
- Celebrities flee Los Angeles fires as Hollywood events scrapped
- Several US Fed officials concerned over 'stalled' disinflation: minutes
- US tech titans ramp up pressure on EU
- 'Wicked' tops SAG Awards nominations
- Safe from looting, Damascus museum reopens a month after Assad's fall
RBGPF | -4.54% | 59.31 | $ | |
BCC | -1.31% | 115.88 | $ | |
SCS | -3.06% | 10.965 | $ | |
GSK | -1.99% | 33.09 | $ | |
JRI | -1.12% | 12.085 | $ | |
CMSC | -0.79% | 22.92 | $ | |
BTI | -2.3% | 35.915 | $ | |
NGG | -3.35% | 56.1 | $ | |
RIO | 0.37% | 58.85 | $ | |
RELX | -0.83% | 46.385 | $ | |
AZN | 0.64% | 67.01 | $ | |
BCE | -2.96% | 22.95 | $ | |
BP | 0.58% | 31.3 | $ | |
RYCEF | -1.41% | 7.1 | $ | |
CMSD | -0.65% | 23.25 | $ | |
VOD | -1.99% | 8.05 | $ |
Kenya scraps Adani deals as Ruto attempts to reset presidency
Kenyan President William Ruto sought Thursday to turn the page on a difficult year, cancelling controversial deals with India's Adani Group and vowing to tackle corruption, police kidnappings and gender-based violence.
With the country on edge over multiple issues, there was a heavy police presence around parliament in Nairobi ahead of Ruto's annual state of the nation address.
His speech did not shy away from the many controversies dogging his administration.
The biggest shock was his announcement that India's Adani Group would no longer be involved in plans to expand Kenya's electricity network and its main airport, Jomo Kenyatta International.
The Adani Group was to invest $1.85 billion in the Jomo Kenyatta airport and $736 million in state-owned utility KETRACO, despite claims of corruption in the procurement process.
The final straw may have come when the Indian group's founder Gautam Adani was charged in the United States on Wednesday with massive bribery and fraud.
Ruto said his decision was based on "new information provided by investigative agencies and partner nations".
He also addressed the deep concern in Kenya over a spate of abductions by security forces following mass protests between June and August over an unpopular finance bill.
Rights groups accuse the security forces of a brutal crackdown, with more than 60 people killed during the protests and dozens kidnapped in the following months, many of them tortured and some killed.
Ruto said many of the detentions were legitimate actions against "criminals and subversive elements".
But he added: "I condemn any excessive or extrajudicial action which puts the life and liberty of any person at risk, including disappearances and threats to life."
He also addressed gender-based violence after reports that 97 women have been murdered in the last three months alone.
To loud cheers from the women in parliament, Ruto called on all society to help raise boys "into morally upright men who will never need to affirm their masculinity at the expense of women".
- 'Times are hard' -
Ruto won a hard-fought election in 2022 with a pitch to help the country's poor.
But large debts have left Kenya spending more on interest payments than health and education.
While economic growth has remained relatively strong at 5.4 percent last year, a third of Kenya's 52 million people live in poverty.
"It is undeniable that for many Kenyans times are hard and the struggle to meet their basic daily needs is daunting," Ruto said.
But he listed a series of successes, including taming inflation -- down from 9.6 percent to 2.7 percent over two years -- stabilising the currency and increasing agricultural production.
He also heralded a new health insurance scheme, which has been beset by technical difficulties since its launch last month, vowing that it would ultimately provide "accessible and affordable" healthcare across the country.
Ruto came into his speech with an urgent need to reset his presidency after mounting criticism, including from church leaders, over abductions, the cost-of-living crisis and corruption.
Recent weeks have also seen international condemnation over the forced extradition of foreign nationals kidnapped on Kenyan soil, including four Turkish refugees and the Ugandan opposition leader Kizza Besigye.
P.Petrenko--CPN