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Kenya Power HY 2019
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Ericsson
#261 Posted : Monday, September 21, 2020 8:30:35 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Ebenyo wrote:
Ericsson wrote:
mlennyma wrote:
Metch wrote:
moneydust wrote:
[quote=VituVingiSana]https://www.businessdailyafrica.com/corporate/companies/Kenya-Powers-debt-to-KenGen/4003102-5622800-14nte8oz/index.html


This company is soon going the Kenya Airways way...it's only lucky that it's too big to fail otherwise it would be headed the Uchumi way


The tragedy is pulling KEGN down with it.
Soon we'll buy KEGN for a song so cheap I wont mind the long wait to recoup

they have no where else to sell their power


The tough question is how will Kenya Power get out of its financial hole.



Gok should reduce its shareholding from the current 50% to 25%.That way management of the company will improve and finances will be healthy.

Government shareholding in Mumias is at 20% and Uchumi less than 15%.
We all know what happened to both of them.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#262 Posted : Sunday, October 04, 2020 9:14:34 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://www.standardmedi...-to-cut-firms-power-use

There is excess power,firms should be encouraged to consume more
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heri
#263 Posted : Tuesday, October 06, 2020 10:46:47 AM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
Who has some insights on the proposed 20% increment in power tariffs that KPLC is seeking

I see that there is a case in court on the same
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Ericsson
#264 Posted : Tuesday, October 06, 2020 11:27:23 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
heri wrote:
Who has some insights on the proposed 20% increment in power tariffs that KPLC is seeking

I see that there is a case in court on the same

https://www.businessdail...-increase-freeze-2301550
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kawi254
#265 Posted : Tuesday, October 06, 2020 4:03:45 PM
Rank: Member

Joined: 2/20/2015
Posts: 468
Location: Nairobi
Ericsson wrote:
[quote=heri]Who has some insights on the proposed 20% increment in power tariffs that KPLC is seeking

I see that there is a case in court on the same

https://www.businessdail...increase-freeze-2301550[/quote]

I have read it here in Wazua that new power plants e.g Olkaria 5 capacity charges have not been loaded onto power bills. If true i believe KenGen will take a hit on delay of power tariffs.
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Ericsson
#266 Posted : Tuesday, October 06, 2020 6:49:31 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
kawi254 wrote:
Ericsson wrote:
[quote=heri]Who has some insights on the proposed 20% increment in power tariffs that KPLC is seeking

I see that there is a case in court on the same

https://www.businessdail...increase-freeze-2301550[/quote]

I have read it here in Wazua that new power plants e.g Olkaria 5 capacity charges have not been loaded onto power bills. If true i believe KenGen will take a hit on delay of power tariffs.


This should have been on the kengen thread
Wealth is built through a relatively simple equation
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Extraterrestrial
#267 Posted : Thursday, October 15, 2020 10:42:28 AM
Rank: Member

Joined: 11/17/2018
Posts: 173
Location: Mars
Catastrophe is not far...
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KaunganaDoDo
#268 Posted : Thursday, October 15, 2020 8:00:57 PM
Rank: Member

Joined: 8/6/2018
Posts: 299
Extraterrestrial wrote:
Catastrophe is not far...


The Release of Full Year 2019/20 Financials will most certainly be delayed due to late engagement with new external auditors
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Ericsson
#269 Posted : Thursday, October 15, 2020 11:58:58 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
KaunganaDoDo wrote:
Extraterrestrial wrote:
Catastrophe is not far...


The Release of Full Year 2019/20 Financials will most certainly be delayed due to late engagement with new external auditors


Who are the new external auditors
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KaunganaDoDo
#270 Posted : Friday, October 16, 2020 5:02:19 AM
Rank: Member

Joined: 8/6/2018
Posts: 299
Ericsson wrote:
KaunganaDoDo wrote:
Extraterrestrial wrote:
Catastrophe is not far...


The Release of Full Year 2019/20 Financials will most certainly be delayed due to late engagement with new external auditors


Who are the new external auditors

E&Y
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