Is KE's NSSF similar to PIC?

Now,the next question would be whether NSSF pulls these sort of moves?

PIC assets base is bigger than south africa GDP.

https://www.businessdail...5950-5oagvez/index.html

"Treasury estimates of expected investment income from State corporations, government agencies and other organisations published on April 26 show that the telco was projected to contribute Sh15 billion in dividends in the next fiscal year.

KCB and KenGen are expected to contribute Sh2 billion and Sh1 billion respectively in dividends to the exchequer, the document shows.
The projected Sh1 billion income from KenGen suggests that the Treasury expects the power generator to return to paying dividends in the year ending this June, having held shareholders to a two-year dividend drought.

The government is the majority shareholder in KenGen with a stake of 70 per cent, equivalent to 4.62 billion shares, meaning that for the Treasury to achieve the Sh1 billion dividend target the company would need to pay out at least 21 cents per share to shareholders."

All dams full to maximum capacity, a warning has been issued to those living downstream masinga to be alert kengen might offload some excess water.good year for kengen