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KENGEN FY18
VituVingiSana
#41 Posted : Monday, November 26, 2018 11:07:13 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
KenGen tax bill on 2016 dividend pay hits Sh3.3bn https://www.businessdail...4488-8wn1rqz/index.html >>> “No provision has been made with regards to penalty and interest estimated to be Sh963.3 million as at June 30, 2018,” the company says in its annual report.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#42 Posted : Tuesday, November 27, 2018 2:40:16 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
KenGen tax bill on 2016 dividend pay hits Sh3.3bn https://www.businessdail...4488-8wn1rqz/index.html >>> “No provision has been made with regards to penalty and interest estimated to be Sh963.3 million as at June 30, 2018,” the company says in its annual report.


"KenGen did not provide for the penalty and interest in its financial statements in the review period, arguing that it is lobbying the government to rescind the claim including the original principal tax."
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#43 Posted : Tuesday, December 04, 2018 8:02:11 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://www.businessdail...9620-x0obayz/index.html

Kenya is set to break ground for a geothermal plant Tuesday in the latest effort to raise its stock of green energy.
KENGEN is expected to break ground for the 83MW Olkaria 1 Unit 6 Geothermal power plant in Naivasha, a project to be completed by 2021.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#44 Posted : Tuesday, December 04, 2018 9:07:18 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Ericsson wrote:
https://www.businessdailyafrica.com/news/KenGen-set-to-break-ground-for-geothermal-plant/539546-4879620-x0obayz/index.html

Kenya is set to break ground for a geothermal plant Tuesday in the latest effort to raise its stock of green energy.
KENGEN is expected to break ground for the 83MW Olkaria 1 Unit 6 Geothermal power plant in Naivasha, a project to be completed by 2021.


The project will be financed through the balance of funds saved after completion of 280MW Olkaria geothermal project under JICA and the European Investment bank facilities
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#45 Posted : Wednesday, December 05, 2018 10:07:45 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
https://www.the-star.co....h300m-facelift_c1860889

President Uhuru Kenyatta yesterday directed the management of KenGen to set aside Sh300m for modernising Naivasha Subcounty Hospital.

He also directed Kengen to facilitate several infrastructure projects in the side near the lake.

>>> Why stop there?
Have KenGen re-build and maintain the road from Mai Mahiu to Naivasha Town to Olkaria.
Rebuild and maintain schools in the area.
Rebuild and maintain the water supply system for Naivasha sub-county.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
tom_boy
#46 Posted : Wednesday, December 05, 2018 10:10:03 AM
Rank: Member

Joined: 2/20/2007
Posts: 767
VituVingiSana wrote:
https://www.the-star.co....h300m-facelift_c1860889

President Uhuru Kenyatta yesterday directed the management of KenGen to set aside Sh300m for modernising Naivasha Subcounty Hospital.

He also directed Kengen to facilitate several infrastructure projects in the side near the lake.

>>> Why stop there?
Have KenGen re-build and maintain the road from Mai Mahiu to Naivasha Town to Olkaria.
Rebuild and maintain schools in the area.
Rebuild and maintain the water supply system for Naivasha sub-county.


Hapo ndipo kumira kumira imetufikisha. Pure idiocy.
They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
Angelica _ann
#47 Posted : Wednesday, December 05, 2018 10:33:14 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
tom_boy wrote:
VituVingiSana wrote:
https://www.the-star.co....h300m-facelift_c1860889

President Uhuru Kenyatta yesterday directed the management of KenGen to set aside Sh300m for modernising Naivasha Subcounty Hospital.

He also directed Kengen to facilitate several infrastructure projects in the side near the lake.

>>> Why stop there?
Have KenGen re-build and maintain the road from Mai Mahiu to Naivasha Town to Olkaria.
Rebuild and maintain schools in the area.
Rebuild and maintain the water supply system for Naivasha sub-county.


Hapo ndipo kumira kumira imetufikisha. Pure idiocy.



Social responsibility Laughing out loudly Laughing out loudly Laughing out loudly
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
kawi254
#48 Posted : Wednesday, December 05, 2018 10:37:59 AM
Rank: Member

Joined: 2/20/2015
Posts: 468
Location: Nairobi
Angelica _ann wrote:
tom_boy wrote:
VituVingiSana wrote:
https://www.the-star.co....h300m-facelift_c1860889

President Uhuru Kenyatta yesterday directed the management of KenGen to set aside Sh300m for modernising Naivasha Subcounty Hospital.

He also directed Kengen to facilitate several infrastructure projects in the side near the lake.

>>> Why stop there?
Have KenGen re-build and maintain the road from Mai Mahiu to Naivasha Town to Olkaria.
Rebuild and maintain schools in the area.
Rebuild and maintain the water supply system for Naivasha sub-county.


Hapo ndipo kumira kumira imetufikisha. Pure idiocy.



Social responsibility Laughing out loudly Laughing out loudly Laughing out loudly


Now i agree with the "stay away from GoK firms" advice
Ericsson
#49 Posted : Wednesday, December 05, 2018 10:43:46 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
https://www.the-star.co....h300m-facelift_c1860889

President Uhuru Kenyatta yesterday directed the management of KenGen to set aside Sh300m for modernising Naivasha Subcounty Hospital.

He also directed Kengen to facilitate several infrastructure projects in the side near the lake.

>>> Why stop there?
Have KenGen re-build and maintain the road from Mai Mahiu to Naivasha Town to Olkaria.
Rebuild and maintain schools in the area.
Rebuild and maintain the water supply system for Naivasha sub-county.


Those are roadside declarations.
Let's wait and see actual implementation.
ksh.300mn is pocket change to a firm the size of KENGEN
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Angelica _ann
#50 Posted : Wednesday, December 05, 2018 10:48:24 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Ericsson wrote:
VituVingiSana wrote:
https://www.the-star.co....h300m-facelift_c1860889

President Uhuru Kenyatta yesterday directed the management of KenGen to set aside Sh300m for modernising Naivasha Subcounty Hospital.

He also directed Kengen to facilitate several infrastructure projects in the side near the lake.

>>> Why stop there?
Have KenGen re-build and maintain the road from Mai Mahiu to Naivasha Town to Olkaria.
Rebuild and maintain schools in the area.
Rebuild and maintain the water supply system for Naivasha sub-county.


Those are roadside declarations.
Let's wait and see actual implementation.
ksh.300mn is pocket change to a firm the size of KENGEN


KENGEN can also do this in partnership with other firms whom they work with closely.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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