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Kenya Power HY 2015 PBT up 53%
Rank: Chief Joined: 1/3/2007 Posts: 18,354 Location: Nairobi
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Fetero wrote:ecstacy wrote:guru267 wrote:Impunity wrote:Is it morally right for a public utility which has a monopoly and levies some of the most outrageous charges to citizens to make such profit, and go ahead and publicly take pride in announcing them?
Spoken like a true Cordashian! It absolutely befits the highest Morals for anyone to (just like KPLC) run the monopoly, levy charges and make profit and then religiously announce the profits with pride. On the contrary, It would have been gravely Immoral to be in their position make profits and fail to announce. Worse still it would have been very immoral if they made a loss being in such a position.... I support 300%. Profits make everyone happy - employees, customers, suppliers, shareholders, financiers. Loses make everyone unhappy- Ask Mumias employees, shareholders, financiers, customers. Life is short. Live passionately.
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Rank: Member Joined: 2/15/2010 Posts: 166 Location: Kenya
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We should give credit where it's due;the cost of power has dropped as compared to last year,both kplc and kengen are making money and sufficient power is being generated.South Africans i am sure do envy us S.A black outs.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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DtheK wrote:We should give credit where it's due;the cost of power has dropped as compared to last year,both kplc and kengen are making money and s ufficient power is being generated.South Africans i am sure do envy us S.A black outs. Not yet. Kenya generates just 1900MW as compared to SA's +30,000MW Kenya experiences blackouts just like SA, its only that to South Africans this is foreign. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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Rank: Member Joined: 2/1/2010 Posts: 272 Location: Nairobi
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murchr wrote:DtheK wrote:We should give credit where it's due;the cost of power has dropped as compared to last year,both kplc and kengen are making money and s ufficient power is being generated.South Africans i am sure do envy us S.A black outs. Not yet. Kenya generates just 1900MW as compared to SA's +30,000MW Kenya experiences blackouts just like SA, its only that to South Africans this is foreign. Those numbers deceive. Right now, despite the +30,000MW generation (it's actually approximately 42,000MW), SA is on power rationing for up to 11 days per month. This is not the first time South Africans are experiencing rolling blackouts. The harder you work, the luckier you get
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Rank: Elder Joined: 2/26/2008 Posts: 4,449
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Obiero, agreed?
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Rank: Member Joined: 2/15/2010 Posts: 166 Location: Kenya
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murchr wrote:DtheK wrote:We should give credit where it's due;the cost of power has dropped as compared to last year,both kplc and kengen are making money and s ufficient power is being generated.South Africans i am sure do envy us S.A black outs. Not yet. Kenya generates just 1900MW as compared to SA's +30,000MW Kenya experiences blackouts just like SA, its only that to South Africans this is foreign. I meant the 1900MW is enough for Kenya which is the reason we don't have scheduled rationing like South Africa.They might make 30,000 or 42,000MW but that is not enough for them.
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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kryptonite wrote:murchr wrote:DtheK wrote:We should give credit where it's due;the cost of power has dropped as compared to last year,both kplc and kengen are making money and s ufficient power is being generated.South Africans i am sure do envy us S.A black outs. Not yet. Kenya generates just 1900MW as compared to SA's +30,000MW Kenya experiences blackouts just like SA, its only that to South Africans this is foreign. Those numbers deceive. Right now, despite the +30,000MW generation (it's actually approximately 42,000MW), SA is on power rationing for up to 11 days per month. This is not the first time South Africans are experiencing rolling blackouts. yeah, it was the same story in 2008
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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kryptonite wrote:murchr wrote:DtheK wrote:We should give credit where it's due;the cost of power has dropped as compared to last year,both kplc and kengen are making money and s ufficient power is being generated.South Africans i am sure do envy us S.A black outs. Not yet. Kenya generates just 1900MW as compared to SA's +30,000MW Kenya experiences blackouts just like SA, its only that to South Africans this is foreign. Those numbers deceive. Right now, despite the +30,000MW generation (it's actually approximately 42,000MW), SA is on power rationing for up to 11 days per month. This is not the first time South Africans are experiencing rolling blackouts. Because their plants are old and require some renovation. 1900MW is not enough only around 15% of Kenya is lit up. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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Rank: Chief Joined: 1/3/2007 Posts: 18,354 Location: Nairobi
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kryptonite wrote:murchr wrote:DtheK wrote:We should give credit where it's due;the cost of power has dropped as compared to last year,both kplc and kengen are making money and s ufficient power is being generated.South Africans i am sure do envy us S.A black outs. Not yet. Kenya generates just 1900MW as compared to SA's +30,000MW Kenya experiences blackouts just like SA, its only that to South Africans this is foreign. Those numbers deceive. Right now, despite the +30,000MW generation (it's actually approximately 42,000MW), SA is on power rationing for up to 11 days per month. This is not the first time South Africans are experiencing rolling blackouts. Damn! Those SA guys have at least 15x our generation capacity!!! No wonder they have huge plants and factories vs our light industrial plants. We have a long way to go! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Kenya Power HY 2015 PBT up 53%
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