🔆 Kenya’s election petition
Measles outbreak
Kenya’s election petition dismissed
The Azimio la Umoja One Kenya Coalition candidate Raila Odinga's petition was dismissed by the Chief Justice Martha Koome-led Bench by a unanimous vote. Justice Koome added that the court did not see how the IEBC was aiming to depress voter turnout by postponing elections.
Between forms delivered to Bomas at the IEBC National Tallying Centre and forms posted on the portal, no appreciable variations were discovered. The judges claimed that, except from their last-minute exit, none of the four commissioners had submitted any evidence to the court that would indicate the outcome of the election had been tampered with.
Regarding the question of whether Dr. Ruto, who was proclaimed the winner, received the required 50% plus one vote, CJ Koome stated that LSK had not persuaded the judges to reconsider their stance.
Markets Today
Johannesburg Stock Exchange: 📈 13,275.20 +31.45 (+0.24%)
Nigerian Stock Exchange: — 50,044.49 -1.34 (0.00%)
Nairobi Securities Exchange: 📈 138.01 +0.64 (+0.47%)
S&P 500: 📉 3,924.26 -42.59 (-1.07%)
Shanghai Composite: Shanghai Composite: 📈 3,199.91 +13.43 (+0.42%)
🛢️ This year's increase in oil prices ought to have been good news for Nigeria. However, the largest oil producer in Africa, which depends on the commodity for more than 80% of its export revenue, saw output fall in the second quarter, precisely at the time when prices peaked. The government attributes the lost production to rampant pipeline damage and oil theft by gangs operating small refineries alongside the creeks of the crude-rich Niger Delta.
The budget office predicted a bleak financial future for the largest economy in Africa if it does not eliminate gasoline subsidies, which it projects will cost 6. 72 trillion naira ($15. 7 billion) in 2019 – more than the government is anticipated to collect in taxes.
Around the Continent
🇸🇴 Parts of Somalia could experience famine between October and December, the UN predicted on Monday as a drought worsens and food prices around the world approach record highs.
According to analysts, the Horn of Africa is on course to have a fifth consecutive failed rainy season as it is currently suffering from its worst drought in the past 40 years. Martin Griffiths, the UN's humanitarian director, warned on Monday that famine is "at the door" in some parts of Somalia. He claimed to have solid evidence that famine would strike areas of south-central Somalia between October and December during a news appearance in the country's capital, Mogadishu. A surge of people who have lost everything due to the ongoing drought have arrived in the city after four unsuccessful wet seasons, according to humanitarian organisations.
🇿🇼 Zimbabwe measles outbreak death toll rises to 685.
According to the ministry, there were 6,034 confirmed cases in Zimbabwe, including 4,266 fatalities. On September 1, 191 new cases and 37 fatalities were recorded in a single day. Most victims of the illness were often young children, between the ages of six months and fifteen, especially those from religious sects who do not believe in vaccination, the country's information minister Monica Mutsvangwa said last month.
Around the World
Euro hits two-decade low after gas pipeline shutdown
The closure of Russia's Nord Stream 1 pipeline is shaking the financial markets as the energy crunch on European economies worsens as winter draws near.
After Russian energy giant Gazprom prolonged the closure of its gas pipeline to Germany on Friday evening, the euro fell to a two-decade low in early trade this morning.
On Saturday morning, Nord Stream 1 was scheduled to resume operations following a three-day maintenance shutdown. But on Friday night, Gazprom shattered expectations of a restart by citing a leak.