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Kenya Power - what's the latest?
Ericsson
#621 Posted : Monday, March 07, 2022 7:23:15 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,646
Location: NAIROBI
https://www.businessdail...g-fixed-internet-3739162
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
mlennyma
#622 Posted : Monday, March 07, 2022 10:06:03 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,177
Location: nairobi
Ericsson wrote:
https://www.businessdailyafrica.com/bd/corporate/companies/kenya-power-to-start-selling-fixed-internet-3739162


it will be another blackout and outage zone
"Don't let the fear of losing be greater than the excitement of winning."
kmucheke
#623 Posted : Monday, March 07, 2022 2:37:01 PM
Rank: Member


Joined: 3/16/2019
Posts: 313
mlennyma wrote:
Ericsson wrote:
https://www.businessdailyafrica.com/bd/corporate/companies/kenya-power-to-start-selling-fixed-internet-3739162


it will be another blackout and outage zone


They should stick with leasing their idle optical fibre network. The customer expectations for an ISP, Kenya Power can't match.
Extraterrestrial
#624 Posted : Wednesday, March 30, 2022 3:34:26 PM
Rank: Member


Joined: 11/17/2018
Posts: 173
Location: Mars
Share price collapsing on GoK refusal to raise fuel cost surcharge, despite the rout in geothermal.
My 2 cents
#625 Posted : Wednesday, March 30, 2022 5:30:35 PM
Rank: Veteran


Joined: 6/2/2010
Posts: 1,059
KPLC risks going the KQ way. Needing perpetual state bailouts. Sad because were it not a parastatal this would be a massively profitable business. The same can't be said of KQ which is just in a bad business regardless of how it is run.

After Safaricom and EABL, KPLC comes third in the amount it collects from sales annually. Sadly this is all eaten up by IPP costs, transmission costs, admin costs, hefty interest costs...

(I still smile at the fact that on aggregate Kenyans spend more on their beer than they do their power :)
Ericsson
#626 Posted : Saturday, December 31, 2022 5:08:22 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,646
Location: NAIROBI
https://www.capitalfm.co...r-meters-amid-shortage/

Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#627 Posted : Sunday, January 01, 2023 8:02:16 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,062
Location: Nairobi
Ericsson wrote:
https://www.capitalfm.co.ke/business/2022/12/kenya-power-unable-to-replace-destroyed-power-meters-amid-shortage/

d'oh! GoK controlled institutions have too much drama
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
littledove
#628 Posted : Friday, July 21, 2023 4:03:20 PM
Rank: Member


Joined: 7/1/2014
Posts: 897
Location: sky
https://www.businessdailyafrica.com/bd/economy/imf-renews-push-for-kenya-power-board-shake-up--4310286

The International Monetary Fund (IMF) wants the State to shake up the Kenya Power board and settle at least Sh26 billion owed to the utility as part of reforms to steady the electricity distributor.

The government last month committed to clear some Sh19.4 billion owed to Kenya Power under the Rural Electrification Scheme and is yet to pay the utility Sh7 billion as compensation for last year’s 15 percent electricity tariff cuts.
what happened to kenya airways is about to happen to KPLC shareholders, conversion of debt to equity and massive dilutionPray Pray
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
kawi254
#629 Posted : Friday, July 21, 2023 8:06:22 PM
Rank: Member


Joined: 2/20/2015
Posts: 465
Location: Nairobi
littledove wrote:
https://www.businessdailyafrica.com/bd/economy/imf-renews-push-for-kenya-power-board-shake-up--4310286

The International Monetary Fund (IMF) wants the State to shake up the Kenya Power board and settle at least Sh26 billion owed to the utility as part of reforms to steady the electricity distributor.

The government last month committed to clear some Sh19.4 billion owed to Kenya Power under the Rural Electrification Scheme and is yet to pay the utility Sh7 billion as compensation for last year’s 15 percent electricity tariff cuts.
what happened to kenya airways is about to happen to KPLC shareholders, conversion of debt to equity and massive dilutionPray Pray


IMF via IFC invests in IPPs or gives loans to IPPs and will give loan to GoK to ensure KPLC is viable and able to pay the IPPs who make money for IMF via IFC...kizungu-mkuti kweli
Angelica _ann
#630 Posted : Saturday, July 22, 2023 12:41:54 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,901
This one will only survive because it is a very important utility & monopoly company. However, shareholders are in trouble.

Kujeni BAT 🥰
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
VituVingiSana
#631 Posted : Sunday, July 23, 2023 6:19:02 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,062
Location: Nairobi
Angelica _ann wrote:
This one will only survive because it is a very important utility & monopoly company. However, shareholders are in trouble.

Kujeni BAT 🥰
I am waiting for the 5/- to hit my account in Sep. I worry about the taxes GoK will add to BAT's already high burden.

2 years after the huge investment in the Velo factory, it still remains "closed"
BAT said they will have invested 1.5-2.5bn on the Velo plant by Dec 2023.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#632 Posted : Monday, July 24, 2023 12:21:14 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,646
Location: NAIROBI
kawi254 wrote:
littledove wrote:
https://www.businessdailyafrica.com/bd/economy/imf-renews-push-for-kenya-power-board-shake-up--4310286

The International Monetary Fund (IMF) wants the State to shake up the Kenya Power board and settle at least Sh26 billion owed to the utility as part of reforms to steady the electricity distributor.

The government last month committed to clear some Sh19.4 billion owed to Kenya Power under the Rural Electrification Scheme and is yet to pay the utility Sh7 billion as compensation for last year’s 15 percent electricity tariff cuts.
what happened to kenya airways is about to happen to KPLC shareholders, conversion of debt to equity and massive dilutionPray Pray


IMF via IFC invests in IPPs or gives loans to IPPs and will give loan to GoK to ensure KPLC is viable and able to pay the IPPs who make money for IMF via IFC...kizungu-mkuti kweli



IFC is world bank
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#633 Posted : Thursday, October 26, 2023 9:42:48 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
A tragedy

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