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KenGen HY 2019
KaunganaDoDo
#501 Posted : Tuesday, June 23, 2020 2:58:46 PM
Rank: Member


Joined: 8/6/2018
Posts: 292
Ericsson wrote:
KaunganaDoDo wrote:
Ericsson wrote:
sparkly wrote:
Angelica _ann wrote:
Spokesperson's Office
State House, Nairobi

Friday, 19th June 2020

Press Statement

*President Kenyatta nominates Ms Nancy Janet Kabui Gathungu for position of Auditor General*

His Excellency President Uhuru Kenyatta has nominated Ms Nancy Janet Kabui Gathungu for the position of Auditor General.

Ms Gathungu was the first among the top three (3) candidates presented to His Excellency the President for nomination by the Recruitment Panel for the Selection of the Auditor General as set out in law.

Consequently, His Excellency the President has forwarded the name of Ms Nancy Janet Kabui Gathungu to the National Assembly for vetting.

Kanze Dena Mararo
Spokesperson



Applause Applause Applause Applause


The news has excited the share price today


Unnecessary excitement...i highly doubt KENGEN will pay dividend in respect to FY 2018/19...They havent been paid a sinGle cent for their olkaria V 158MW plant since commissioning last october....

2018/2019 or did you mean 2019/2020


The Accounts waiting AUDIT and DIVIDEND decision is FY 2018/19...2019/2020 is still an uncertain future. KenGen has huge receivables, almost 4B shillings for olkaria V....which is pending since it was NOT included in the current tariff regime..plus Force Majeure declaration by KPLC due to COVID should affect their cash and revenues
Ericsson
#502 Posted : Wednesday, June 24, 2020 8:05:13 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
KaunganaDoDo wrote:
Ericsson wrote:
KaunganaDoDo wrote:
Ericsson wrote:
sparkly wrote:
Angelica _ann wrote:
Spokesperson's Office
State House, Nairobi

Friday, 19th June 2020

Press Statement

*President Kenyatta nominates Ms Nancy Janet Kabui Gathungu for position of Auditor General*

His Excellency President Uhuru Kenyatta has nominated Ms Nancy Janet Kabui Gathungu for the position of Auditor General.

Ms Gathungu was the first among the top three (3) candidates presented to His Excellency the President for nomination by the Recruitment Panel for the Selection of the Auditor General as set out in law.

Consequently, His Excellency the President has forwarded the name of Ms Nancy Janet Kabui Gathungu to the National Assembly for vetting.

Kanze Dena Mararo
Spokesperson



Applause Applause Applause Applause


The news has excited the share price today


Unnecessary excitement...i highly doubt KENGEN will pay dividend in respect to FY 2018/19...They havent been paid a sinGle cent for their olkaria V 158MW plant since commissioning last october....

2018/2019 or did you mean 2019/2020


The Accounts waiting AUDIT and DIVIDEND decision is FY 2018/19...2019/2020 is still an uncertain future. KenGen has huge receivables, almost 4B shillings for olkaria V....which is pending since it was NOT included in the current tariff regime..plus Force Majeure declaration by KPLC due to COVID should affect their cash and revenues

The story is on the headlines of Business Daily today
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#503 Posted : Wednesday, June 24, 2020 11:08:31 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
High of 5.60
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
FUNKY
#504 Posted : Thursday, June 25, 2020 11:12:04 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
Ericsson
#505 Posted : Friday, June 26, 2020 12:33:01 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
FUNKY wrote:
https://www.businessdailyafrica.com/corporate/companies/KenGen-targets-new-income/4003102-5583118-12kikt9/index.html


Not a viable investment.
Management needs to think big and concentrate on the core.There is still alot of untapped energy potential in kenya and in the region and even continent.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Angelica _ann
#506 Posted : Friday, June 26, 2020 7:17:14 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,901
Ericsson wrote:
FUNKY wrote:
https://www.businessdailyafrica.com/corporate/companies/KenGen-targets-new-income/4003102-5583118-12kikt9/index.html


Not a viable investment.
Management needs to think big and concentrate on the core.There is still alot of untapped energy potential in kenya and in the region and even continent.


It is called diversification, what next 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
#507 Posted : Friday, June 26, 2020 8:49:14 AM
Rank: Member


Joined: 2/20/2015
Posts: 465
Location: Nairobi
Angelica _ann wrote:
Ericsson wrote:
FUNKY wrote:
https://www.businessdailyafrica.com/corporate/companies/KenGen-targets-new-income/4003102-5583118-12kikt9/index.html


Not a viable investment.
Management needs to think big and concentrate on the core.There is still alot of untapped energy potential in kenya and in the region and even continent.


It is called diversification, what next Laughing out loudly Laughing out loudly Laughing out loudly


Another Mumias...mara water bottling, now detergent
sparkly
#508 Posted : Friday, June 26, 2020 9:41:44 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
kawi254 wrote:
Angelica _ann wrote:
Ericsson wrote:
FUNKY wrote:
https://www.businessdailyafrica.com/corporate/companies/KenGen-targets-new-income/4003102-5583118-12kikt9/index.html


Not a viable investment.
Management needs to think big and concentrate on the core.There is still alot of untapped energy potential in kenya and in the region and even continent.


It is called diversification, what next Laughing out loudly Laughing out loudly Laughing out loudly


Another Mumias...mara water bottling, now detergent


Not forgetting solar panels and beauty spa. It's ridiculous.
Life is short. Live passionately.
AndyC
#509 Posted : Friday, June 26, 2020 10:20:09 AM
Rank: Member


Joined: 4/21/2015
Posts: 151
sparkly wrote:
kawi254 wrote:
Angelica _ann wrote:
Ericsson wrote:
FUNKY wrote:
https://www.businessdailyafrica.com/corporate/companies/KenGen-targets-new-income/4003102-5583118-12kikt9/index.html


Not a viable investment.
Management needs to think big and concentrate on the core.There is still alot of untapped energy potential in kenya and in the region and even continent.


It is called diversification, what next Laughing out loudly Laughing out loudly Laughing out loudly


Another Mumias...mara water bottling, now detergent


Not forgetting solar panels and beauty spa. It's ridiculous.


The solar panels is related to the core, the spa is making use of a by-product but now detergentd'oh! hard to see the relation.
sparkly
#510 Posted : Friday, June 26, 2020 10:38:16 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
AndyC wrote:
sparkly wrote:
kawi254 wrote:
Angelica _ann wrote:
Ericsson wrote:
FUNKY wrote:
https://www.businessdailyafrica.com/corporate/companies/KenGen-targets-new-income/4003102-5583118-12kikt9/index.html


Not a viable investment.
Management needs to think big and concentrate on the core.There is still alot of untapped energy potential in kenya and in the region and even continent.


It is called diversification, what next Laughing out loudly Laughing out loudly Laughing out loudly


Another Mumias...mara water bottling, now detergent


Not forgetting solar panels and beauty spa. It's ridiculous.


The solar panels is related to the core, the spa is making use of a by-product but now detergentd'oh! hard to see the relation.


Byproducts of the geothermal steam production process are water, gases and salts (the reason why the water in the spa feels soapy). The salts can be used to make detergents. Nevertheless, Kengen shouldn't be in the business of making soaps, except as a community CSR project.
Life is short. Live passionately.
Ericsson
#511 Posted : Friday, June 26, 2020 11:22:14 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
sparkly wrote:
AndyC wrote:
sparkly wrote:
kawi254 wrote:
Angelica _ann wrote:
Ericsson wrote:
FUNKY wrote:
https://www.businessdailyafrica.com/corporate/companies/KenGen-targets-new-income/4003102-5583118-12kikt9/index.html


Not a viable investment.
Management needs to think big and concentrate on the core.There is still alot of untapped energy potential in kenya and in the region and even continent.


It is called diversification, what next Laughing out loudly Laughing out loudly Laughing out loudly


Another Mumias...mara water bottling, now detergent


Not forgetting solar panels and beauty spa. It's ridiculous.


The solar panels is related to the core, the spa is making use of a by-product but now detergentd'oh! hard to see the relation.


Byproducts of the geothermal steam production process are water, gases and salts (the reason why the water in the spa feels soapy). The salts can be used to make detergents. Nevertheless, Kengen shouldn't be in the business of making soaps, except as a community CSR project.


Mumias Sugar told us the cane leaves can be fed to dairy cows hence reason for them venturing to dairy farming
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
watesh
#512 Posted : Friday, June 26, 2020 11:26:18 AM
Rank: Veteran


Joined: 8/10/2014
Posts: 954
Location: Kenya
sparkly wrote:
AndyC wrote:
sparkly wrote:
kawi254 wrote:
Angelica _ann wrote:
Ericsson wrote:
FUNKY wrote:
https://www.businessdailyafrica.com/corporate/companies/KenGen-targets-new-income/4003102-5583118-12kikt9/index.html


Not a viable investment.
Management needs to think big and concentrate on the core.There is still alot of untapped energy potential in kenya and in the region and even continent.


It is called diversification, what next Laughing out loudly Laughing out loudly Laughing out loudly


Another Mumias...mara water bottling, now detergent


Not forgetting solar panels and beauty spa. It's ridiculous.


The solar panels is related to the core, the spa is making use of a by-product but now detergentd'oh! hard to see the relation.


Byproducts of the geothermal steam production process are water, gases and salts (the reason why the water in the spa feels soapy). The salts can be used to make detergents. Nevertheless, Kengen shouldn't be in the business of making soaps, except as a community CSR project.


In addition if the factory has a way to operate on electricity sold at below market rate as compared to other players, they should have a solid profit margin should the venture be successful....free raw materials, low power charges, cheap labour from the area and lots of free land. All point to cheap production costs....as long as it doesn't hinder or distract the core business
tom_boy
#513 Posted : Friday, June 26, 2020 2:16:34 PM
Rank: Member


Joined: 2/20/2007
Posts: 767
watesh wrote:
sparkly wrote:
AndyC wrote:
sparkly wrote:
kawi254 wrote:
Angelica _ann wrote:
Ericsson wrote:
FUNKY wrote:
https://www.businessdailyafrica.com/corporate/companies/KenGen-targets-new-income/4003102-5583118-12kikt9/index.html


Not a viable investment.
Management needs to think big and concentrate on the core.There is still alot of untapped energy potential in kenya and in the region and even continent.


It is called diversification, what next Laughing out loudly Laughing out loudly Laughing out loudly


Another Mumias...mara water bottling, now detergent


Not forgetting solar panels and beauty spa. It's ridiculous.


The solar panels is related to the core, the spa is making use of a by-product but now detergentd'oh! hard to see the relation.


Byproducts of the geothermal steam production process are water, gases and salts (the reason why the water in the spa feels soapy). The salts can be used to make detergents. Nevertheless, Kengen shouldn't be in the business of making soaps, except as a community CSR project.


In addition if the factory has a way to operate on electricity sold at below market rate as compared to other players, they should have a solid profit margin should the venture be successful....free raw materials, low power charges, cheap labour from the area and lots of free land. All point to cheap production costs....as long as it doesn't hinder or distract the core business


Hizo zote ni theory mzuri but to make an impact, they will have to fight for the consumers mind. Unless they target govt supplies, na pia huko kuna wenyewe
They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
sparkly
#514 Posted : Friday, June 26, 2020 8:03:26 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
tom_boy wrote:
watesh wrote:
sparkly wrote:
AndyC wrote:
sparkly wrote:
kawi254 wrote:
Angelica _ann wrote:
Ericsson wrote:
FUNKY wrote:
https://www.businessdailyafrica.com/corporate/companies/KenGen-targets-new-income/4003102-5583118-12kikt9/index.html


Not a viable investment.
Management needs to think big and concentrate on the core.There is still alot of untapped energy potential in kenya and in the region and even continent.


It is called diversification, what next Laughing out loudly Laughing out loudly Laughing out loudly


Another Mumias...mara water bottling, now detergent


Not forgetting solar panels and beauty spa. It's ridiculous.


The solar panels is related to the core, the spa is making use of a by-product but now detergentd'oh! hard to see the relation.


Byproducts of the geothermal steam production process are water, gases and salts (the reason why the water in the spa feels soapy). The salts can be used to make detergents. Nevertheless, Kengen shouldn't be in the business of making soaps, except as a community CSR project.


In addition if the factory has a way to operate on electricity sold at below market rate as compared to other players, they should have a solid profit margin should the venture be successful....free raw materials, low power charges, cheap labour from the area and lots of free land. All point to cheap production costs....as long as it doesn't hinder or distract the core business


Hizo zote ni theory mzuri but to make an impact, they will have to fight for the consumers mind. Unless they target govt supplies, na pia huko kuna wenyewe


From the looks of it, there are 2 Kengens. Kengen 1 that handles Kshs 40B per Olkaria projects and Kengen 2 whose work is to raise invoices to KP and pay employees. Kengen 1 is run directly by National Treasury in collaboration with donor agencies while Kengen 2 is led by Rebecca Miano with discretionary spending of less than Kshs 100m per year.

Life is short. Live passionately.
TheAlchemist
#515 Posted : Saturday, June 27, 2020 6:49:06 AM
Rank: New-farer


Joined: 7/30/2019
Posts: 15
Location: Nairobi
sparkly wrote:
tom_boy wrote:
watesh wrote:
sparkly wrote:
AndyC wrote:
sparkly wrote:
kawi254 wrote:
Angelica _ann wrote:
Ericsson wrote:
FUNKY wrote:
https://www.businessdailyafrica.com/corporate/companies/KenGen-targets-new-income/4003102-5583118-12kikt9/index.html


Not a viable investment.
Management needs to think big and concentrate on the core.There is still alot of untapped energy potential in kenya and in the region and even continent.


It is called diversification, what next Laughing out loudly Laughing out loudly Laughing out loudly


Another Mumias...mara water bottling, now detergent


Not forgetting solar panels and beauty spa. It's ridiculous.


The solar panels is related to the core, the spa is making use of a by-product but now detergentd'oh! hard to see the relation.


Byproducts of the geothermal steam production process are water, gases and salts (the reason why the water in the spa feels soapy). The salts can be used to make detergents. Nevertheless, Kengen shouldn't be in the business of making soaps, except as a community CSR project.


In addition if the factory has a way to operate on electricity sold at below market rate as compared to other players, they should have a solid profit margin should the venture be successful....free raw materials, low power charges, cheap labour from the area and lots of free land. All point to cheap production costs....as long as it doesn't hinder or distract the core business


Hizo zote ni theory mzuri but to make an impact, they will have to fight for the consumers mind. Unless they target govt supplies, na pia huko kuna wenyewe


From the looks of it, there are 2 Kengens. Kengen 1 that handles Kshs 40B per Olkaria projects and Kengen 2 whose work is to raise invoices to KP and pay employees. Kengen 1 is run directly by National Treasury in collaboration with donor agencies while Kengen 2 is led by Rebecca Miano with discretionary spending of less than Kshs 100m per year.




https://twitter.com/KenG...276541199193722880?s=19

It's a special detergent for drilling geothermal wells, folks.

sparkly
#516 Posted : Saturday, June 27, 2020 7:31:57 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
TheAlchemist wrote:
sparkly wrote:
tom_boy wrote:
watesh wrote:
sparkly wrote:
AndyC wrote:
sparkly wrote:
kawi254 wrote:
Angelica _ann wrote:
Ericsson wrote:
FUNKY wrote:
https://www.businessdailyafrica.com/corporate/companies/KenGen-targets-new-income/4003102-5583118-12kikt9/index.html


Not a viable investment.
Management needs to think big and concentrate on the core.There is still alot of untapped energy potential in kenya and in the region and even continent.


It is called diversification, what next Laughing out loudly Laughing out loudly Laughing out loudly


Another Mumias...mara water bottling, now detergent


Not forgetting solar panels and beauty spa. It's ridiculous.


The solar panels is related to the core, the spa is making use of a by-product but now detergentd'oh! hard to see the relation.


Byproducts of the geothermal steam production process are water, gases and salts (the reason why the water in the spa feels soapy). The salts can be used to make detergents. Nevertheless, Kengen shouldn't be in the business of making soaps, except as a community CSR project.


In addition if the factory has a way to operate on electricity sold at below market rate as compared to other players, they should have a solid profit margin should the venture be successful....free raw materials, low power charges, cheap labour from the area and lots of free land. All point to cheap production costs....as long as it doesn't hinder or distract the core business


Hizo zote ni theory mzuri but to make an impact, they will have to fight for the consumers mind. Unless they target govt supplies, na pia huko kuna wenyewe


From the looks of it, there are 2 Kengens. Kengen 1 that handles Kshs 40B per Olkaria projects and Kengen 2 whose work is to raise invoices to KP and pay employees. Kengen 1 is run directly by National Treasury in collaboration with donor agencies while Kengen 2 is led by Rebecca Miano with discretionary spending of less than Kshs 100m per year.




https://twitter.com/KenG...276541199193722880?s=19

It's a special detergent for drilling geothermal wells, folks.



Where did BDA get their story from

Quote:
Kenya Bureau of Standards has given it approvals for the manufacture of liquid hand washing detergent, liquid bleach, hair shampoo, carpet shampoo, car shampoo, liquid disinfectant and fabric softeners.

The factory will boost revenue for KenGen and take the competition to the doorsteps of firms such as Unilever and Flame Tree Group that manufacture most of these items
Life is short. Live passionately.
Ericsson
#517 Posted : Saturday, June 27, 2020 7:40:58 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
sparkly wrote:
TheAlchemist wrote:
sparkly wrote:
tom_boy wrote:
watesh wrote:
sparkly wrote:
AndyC wrote:
sparkly wrote:
kawi254 wrote:
Angelica _ann wrote:
Ericsson wrote:
FUNKY wrote:
https://www.businessdailyafrica.com/corporate/companies/KenGen-targets-new-income/4003102-5583118-12kikt9/index.html


Not a viable investment.
Management needs to think big and concentrate on the core.There is still alot of untapped energy potential in kenya and in the region and even continent.


It is called diversification, what next Laughing out loudly Laughing out loudly Laughing out loudly


Another Mumias...mara water bottling, now detergent


Not forgetting solar panels and beauty spa. It's ridiculous.


The solar panels is related to the core, the spa is making use of a by-product but now detergentd'oh! hard to see the relation.


Byproducts of the geothermal steam production process are water, gases and salts (the reason why the water in the spa feels soapy). The salts can be used to make detergents. Nevertheless, Kengen shouldn't be in the business of making soaps, except as a community CSR project.


In addition if the factory has a way to operate on electricity sold at below market rate as compared to other players, they should have a solid profit margin should the venture be successful....free raw materials, low power charges, cheap labour from the area and lots of free land. All point to cheap production costs....as long as it doesn't hinder or distract the core business


Hizo zote ni theory mzuri but to make an impact, they will have to fight for the consumers mind. Unless they target govt supplies, na pia huko kuna wenyewe


From the looks of it, there are 2 Kengens. Kengen 1 that handles Kshs 40B per Olkaria projects and Kengen 2 whose work is to raise invoices to KP and pay employees. Kengen 1 is run directly by National Treasury in collaboration with donor agencies while Kengen 2 is led by Rebecca Miano with discretionary spending of less than Kshs 100m per year.




https://twitter.com/KenG...276541199193722880?s=19

It's a special detergent for drilling geothermal wells, folks.



Where did BDA get their story from

Quote:
Kenya Bureau of Standards has given it approvals for the manufacture of liquid hand washing detergent, liquid bleach, hair shampoo, carpet shampoo, car shampoo, liquid disinfectant and fabric softeners.

The factory will boost revenue for KenGen and take the competition to the doorsteps of firms such as Unilever and Flame Tree Group that manufacture most of these items


BDA were doing sensational journalism
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
TheAlchemist
#518 Posted : Saturday, June 27, 2020 10:20:51 AM
Rank: New-farer


Joined: 7/30/2019
Posts: 15
Location: Nairobi
Ericsson wrote:
sparkly wrote:
TheAlchemist wrote:
sparkly wrote:
tom_boy wrote:
watesh wrote:
sparkly wrote:
AndyC wrote:
sparkly wrote:
kawi254 wrote:
Angelica _ann wrote:
Ericsson wrote:
FUNKY wrote:
https://www.businessdailyafrica.com/corporate/companies/KenGen-targets-new-income/4003102-5583118-12kikt9/index.html


Not a viable investment.
Management needs to think big and concentrate on the core.There is still alot of untapped energy potential in kenya and in the region and even continent.


It is called diversification, what next Laughing out loudly Laughing out loudly Laughing out loudly


Another Mumias...mara water bottling, now detergent


Not forgetting solar panels and beauty spa. It's ridiculous.


The solar panels is related to the core, the spa is making use of a by-product but now detergentd'oh! hard to see the relation.


Byproducts of the geothermal steam production process are water, gases and salts (the reason why the water in the spa feels soapy). The salts can be used to make detergents. Nevertheless, Kengen shouldn't be in the business of making soaps, except as a community CSR project.


In addition if the factory has a way to operate on electricity sold at below market rate as compared to other players, they should have a solid profit margin should the venture be successful....free raw materials, low power charges, cheap labour from the area and lots of free land. All point to cheap production costs....as long as it doesn't hinder or distract the core business


Hizo zote ni theory mzuri but to make an impact, they will have to fight for the consumers mind. Unless they target govt supplies, na pia huko kuna wenyewe


From the looks of it, there are 2 Kengens. Kengen 1 that handles Kshs 40B per Olkaria projects and Kengen 2 whose work is to raise invoices to KP and pay employees. Kengen 1 is run directly by National Treasury in collaboration with donor agencies while Kengen 2 is led by Rebecca Miano with discretionary spending of less than Kshs 100m per year.




https://twitter.com/KenG...276541199193722880?s=19

It's a special detergent for drilling geothermal wells, folks.



Where did BDA get their story from

Quote:
Kenya Bureau of Standards has given it approvals for the manufacture of liquid hand washing detergent, liquid bleach, hair shampoo, carpet shampoo, car shampoo, liquid disinfectant and fabric softeners.

The factory will boost revenue for KenGen and take the competition to the doorsteps of firms such as Unilever and Flame Tree Group that manufacture most of these items


BDA were doing sensational journalism


Probably a case of

Kengen person: We have set up a plant for making detergents which ...
Lazy journalist, working from home: Say no more
AndyC
#519 Posted : Saturday, June 27, 2020 12:19:09 PM
Rank: Member


Joined: 4/21/2015
Posts: 151
TheAlchemist wrote:
Ericsson wrote:
sparkly wrote:
TheAlchemist wrote:
sparkly wrote:
tom_boy wrote:
watesh wrote:
sparkly wrote:
AndyC wrote:
sparkly wrote:
kawi254 wrote:
Angelica _ann wrote:
Ericsson wrote:
FUNKY wrote:
https://www.businessdailyafrica.com/corporate/companies/KenGen-targets-new-income/4003102-5583118-12kikt9/index.html


Not a viable investment.
Management needs to think big and concentrate on the core.There is still alot of untapped energy potential in kenya and in the region and even continent.


It is called diversification, what next Laughing out loudly Laughing out loudly Laughing out loudly


Another Mumias...mara water bottling, now detergent


Not forgetting solar panels and beauty spa. It's ridiculous.


The solar panels is related to the core, the spa is making use of a by-product but now detergentd'oh! hard to see the relation.


Byproducts of the geothermal steam production process are water, gases and salts (the reason why the water in the spa feels soapy). The salts can be used to make detergents. Nevertheless, Kengen shouldn't be in the business of making soaps, except as a community CSR project.


In addition if the factory has a way to operate on electricity sold at below market rate as compared to other players, they should have a solid profit margin should the venture be successful....free raw materials, low power charges, cheap labour from the area and lots of free land. All point to cheap production costs....as long as it doesn't hinder or distract the core business


Hizo zote ni theory mzuri but to make an impact, they will have to fight for the consumers mind. Unless they target govt supplies, na pia huko kuna wenyewe


From the looks of it, there are 2 Kengens. Kengen 1 that handles Kshs 40B per Olkaria projects and Kengen 2 whose work is to raise invoices to KP and pay employees. Kengen 1 is run directly by National Treasury in collaboration with donor agencies while Kengen 2 is led by Rebecca Miano with discretionary spending of less than Kshs 100m per year.




https://twitter.com/KenG...276541199193722880?s=19

It's a special detergent for drilling geothermal wells, folks.



Where did BDA get their story from

Quote:
Kenya Bureau of Standards has given it approvals for the manufacture of liquid hand washing detergent, liquid bleach, hair shampoo, carpet shampoo, car shampoo, liquid disinfectant and fabric softeners.

The factory will boost revenue for KenGen and take the competition to the doorsteps of firms such as Unilever and Flame Tree Group that manufacture most of these items


BDA were doing sensational journalism


Probably a case of

Kengen person: We have set up a plant for making detergents which ...
Lazy journalist, working from home: Say no more


And they really did a marathon with the wrong info....shampoos, fabric softeners ati competition to Unilever and FTGHShame on you Shame on you Shame on you
Ericsson
#520 Posted : Sunday, June 28, 2020 7:11:38 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
https://www.kbc.co.ke/ke...-manufacturing-factory/

KBC did a better job than business daily
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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