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How true is FEP??
Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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enyands wrote:enyands wrote:muandiwambeu wrote:enyands wrote:wazuaguest wrote:murchr wrote:enyands wrote:murchr wrote:kimanimsc wrote:Group loss for the year 2015-- Kshs. 905,738,737.
Fountain MF Bank loss for the year 2015 -- Kshs. 42,9002,633 This is an improvement from the loss last year. How much is their assets worth? Is MF bank Credit bank? No they are different companies. Mf reports to fep group,credit bank reports to cbk.they just bought stake in credit bank.   Every year 1B + in losses and people are still injecting their money?this is the real voodoo. jinxed pple Quote: The Rural Electrification Authority (REA) has awarded five companies contracts to connect more homes to the national power grid.
The $63.465 million (Sh6.4 billion) project is financed partly by the Government. The State injected Sh1.6 billion into the project while international financiers — Arab Bank for Development, Saudi Fund for Development and OPEC Fund for Development — will contribute the remainder.
The project is divided into five lots covering Nyanza/Western, North Rift, South Rift, Mt Kenya/Upper Eastern and Lower Eastern/Coast regions.
During the official contract signing ceremony yesterday, REA chairman Simon Gicharu revealed that the projects would extend electricity to 591 public facilities covering 35,460 households in the five regions. REA awarded Lomas & Lomas the contract for the supply and installation of power lines and associated transformers in the Nyanza/Western region.
Chinese firm Sinotec won the contract to connect power lines in the North Rift region while Fountain Technologies will cover South Rift. Magnate Ventures will handle Mt Kenya/Upper Eastern while Eswari Electricals Ltd (a joint venture with Wayne Homes) will supply and install 33kv, 11kv lines, transformers and low voltage networks in the lower Eastern and Coast regions. The parastatal also picked Aberdare Engineering as supervising consultants for the project  not bad news after all LINKAlso not bad news at all
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Rank: Hello Joined: 7/11/2016 Posts: 2 Location: japan
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Over the past nine years, GFL has emerged as a leader in the environmental services industry in Canada, providing one-stop-shop environmental service solutions to more than 39,000 commercial customers across Canada, green for life. Since its founding in 2007, the company has grown to operate in every Canadian province except Prince Edward Island.
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Rank: User Joined: 1/20/2014 Posts: 3,528
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At this rate you will catch up with impunity on number of posts Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Hello Joined: 3/27/2012 Posts: 4
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There have been a raft of new developments at FEP Holdings including management changes that have set the company on growth trajectory, there revenues of the various business units are on a growth path. You actually can catch glimpse of this changes in their recently published FEP Business Quarterly Magazine via http://www.fep-group.com...ness-quarterly-magazine/
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Rank: Elder Joined: 10/18/2008 Posts: 3,434 Location: Kerugoya
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Quote:FEP replaces CEO Korir with ex-chief executive Kithaka
“FEP Holdings Ltd board of directors wishes to announce the resignation of the chief executive officer, Mr Maurice Kimutai Korir effective March 8, 2018,”read a statement.
“The board has appointed Dr John Muchira Kithaka to the position of the group executive director with immediate effect.”
The firm’s board linked the management shake up to need to conform to a changing investment landscape.
“The board wishes to assure shareholders and stakeholders, both local and in diaspora, that the corporate leadership changes are aimed at aligning and strengthening the group’s organisational structure to ensure we meet evolving investor expectations,” it said.
Source Link
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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I have noted their visibility in the last week on TV (including the big 5 channels), on print and on bill boards. Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Pesa Nane wrote:I have noted their visibility in the last week on TV (including the big 5 channels), on print and on bill boards. Have they announced results? "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: Veteran Joined: 10/11/2009 Posts: 1,223
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Stay away from this company of con men mascarading as men of the cloth. #THIEVES History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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BGL wrote:Stay away from this company of con men mascarading as men of the cloth. #THIEVES Worry not! I am very far away. Far far away. Pesa Nane plans to be shilingi when he grows up.
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