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Kenya Power FY 2017/2018
Ericsson
#351 Posted : Friday, February 28, 2020 11:24:00 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
KPLC aggressively targeting illegal connections,electricity theft and electricity bill defaulters.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#352 Posted : Friday, February 28, 2020 12:13:30 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Ericsson wrote:
KPLC aggressively targeting illegal connections,electricity theft and electricity bill defaulters.
This should have been done from the beginning.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#353 Posted : Friday, February 28, 2020 12:17:23 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
KPLC aggressively targeting illegal connections,electricity theft and electricity bill defaulters.
This should have been done from the beginning.

The incumbent feared losing in the general election.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#354 Posted : Monday, March 02, 2020 2:16:39 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Kenya Power eyes garage services for revenue boost
https://www.businessdail...74516-c3mib2/index.html

Kenya Power makes U-turn with wooden poles tender

https://www.businessdail...74584-12w82sq/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#355 Posted : Monday, March 02, 2020 10:02:57 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
KPLC is negotiating with lenders to convert 13 billion shillings of bank overdrafts into long-term debt to reduce financing costs.

The company had breached current ratio covenants for which they were able to get waivers before June 30 --Bloomberg
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#356 Posted : Monday, March 02, 2020 10:36:23 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
[quote=VituVingiSana]Kenya Power eyes garage services for revenue boost
https://www.businessdail...74516-c3mib2/index.html
Kenya power wants to start repairing vehicles. “The garage sits on huge land and we will liaise with insurers to give us an opportunity to repair vehicles. Going by the growing numbers of vehicles on roads, it is a potential business.”

Kenya Power makes U-turn with wooden poles tender

https://www.businessdail...4584-12w82sq/index.html[/quote]
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Angelica _ann
#357 Posted : Monday, March 02, 2020 10:39:03 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Ericsson wrote:
KPLC is negotiating with lenders to convert 13 billion shillings of bank overdrafts into long-term debt to reduce financing costs.

The company had breached current ratio covenants for which they were able to get waivers before June 30 --Bloomberg


When the day of reckoning comes on this one, don't say you were not warned......
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
sparkly
#358 Posted : Monday, March 02, 2020 11:05:40 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
They can't do what they have a monopoly and gov support in, yet they want to make money in Jua Kali.
By the same logic, garages should be given power distribution licences.

Ericsson wrote:
[quote=VituVingiSana]Kenya Power eyes garage services for revenue boost
https://www.businessdail...74516-c3mib2/index.html
Kenya power wants to start repairing vehicles. “The garage sits on huge land and we will liaise with insurers to give us an opportunity to repair vehicles. Going by the growing numbers of vehicles on roads, it is a potential business.”

Kenya Power makes U-turn with wooden poles tender

https://www.businessdail...4584-12w82sq/index.html[/quote]

Life is short. Live passionately.
Angelica _ann
#359 Posted : Monday, March 02, 2020 11:40:32 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
sparkly wrote:
They can't do what they have a monopoly and gov support in, yet they want to make money in Jua Kali.
By the same logic, garages should be given power distribution licences.

Ericsson wrote:
[quote=VituVingiSana]Kenya Power eyes garage services for revenue boost
https://www.businessdail...74516-c3mib2/index.html
Kenya power wants to start repairing vehicles. “The garage sits on huge land and we will liaise with insurers to give us an opportunity to repair vehicles. Going by the growing numbers of vehicles on roads, it is a potential business.”

Kenya Power makes U-turn with wooden poles tender

https://www.businessdail...4584-12w82sq/index.html[/quote]



Leasing of land, you know how that will end. smile smile smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
watesh
#360 Posted : Monday, March 02, 2020 3:09:45 PM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
Ericsson wrote:
[quote=VituVingiSana]Kenya Power eyes garage services for revenue boost
https://www.businessdail...74516-c3mib2/index.html
Kenya power wants to start repairing vehicles. “The garage sits on huge land and we will liaise with insurers to give us an opportunity to repair vehicles. Going by the growing numbers of vehicles on roads, it is a potential business.”

Kenya Power makes U-turn with wooden poles tender

https://www.businessdail...4584-12w82sq/index.html[/quote]

The new CEO already showing symptoms of insanity...a monopoly power company repairing cars is the best he can come up with?!!
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