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Eddy Njoroge retires from KenGen
Obi 1 Kanobi
#1 Posted : Wednesday, November 28, 2012 2:42:46 PM
Rank: Elder


Joined: 7/23/2008
Posts: 3,017
He announced his retirement at todays AGM. Leaves in 6 months.

A very big blow for the Company.
"The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
KulaRaha
#2 Posted : Wednesday, November 28, 2012 2:47:02 PM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
Why a big blow?
Business opportunities are like buses,there's always another one coming
Obi 1 Kanobi
#3 Posted : Wednesday, November 28, 2012 2:54:19 PM
Rank: Elder


Joined: 7/23/2008
Posts: 3,017
KulaRaha wrote:
Why a big blow?


He was a damn good MD and leader.

He will be difficult to replace, from the pool of politically correct phsycophants who will be front running for the job
"The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
digitek1
#4 Posted : Wednesday, November 28, 2012 3:17:35 PM
Rank: Veteran


Joined: 2/3/2010
Posts: 1,797
Location: Kenya
aka Just in Time
I may be wrong..but then I could be right
KulaRaha
#5 Posted : Wednesday, November 28, 2012 3:25:05 PM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
This is the same guy who brought KAA to its knees?
Business opportunities are like buses,there's always another one coming
Jamani
#6 Posted : Wednesday, November 28, 2012 3:26:44 PM
Rank: Elder


Joined: 9/12/2006
Posts: 1,554
@Obi 1 Kanobi He was a damn good MD? "The MD has in recent months been fighting corruption allegations first brought to light by the Nairobi Law Monthly magazine. The charges involve alleged ‘dirty deals’ in the purchase of power generators for the company. Mr Njoroge responded to the allegations by suing the magazine and its publisher."
Mukiri
#7 Posted : Wednesday, November 28, 2012 3:35:31 PM
Rank: Elder


Joined: 7/11/2012
Posts: 5,222
I hope Naikuni gets to smoke whatever Eddy smoked! Nobody is indispensable unless share price is way better than it ever has been and dividends are more than ever and clients expectations are exceeded.

Proverbs 19:21
Am
#8 Posted : Wednesday, November 28, 2012 3:40:15 PM
Rank: Veteran


Joined: 2/21/2012
Posts: 1,739
@Jamani..Not guilty until proven. If you read that particular Nairobi law monthly, you agree the story bordered on malice..it was so clear.

To me, the magazine is moving towards gutter very fast.
Do not be anxious about anything, but in everything, by prayer and petition, with thanksgiving, present your requests to God..
KulaRaha
#9 Posted : Wednesday, November 28, 2012 3:47:41 PM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
http://www.standardmedia...mp;articleID=2000045663

Parliament raises queries on Sh825m KenGen deal
Business opportunities are like buses,there's always another one coming
maka
#10 Posted : Wednesday, November 28, 2012 3:49:42 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Obi 1 Kanobi wrote:
He announced his retirement at todays AGM. Leaves in 6 months.

A very big blow for the Company.

...ati big blow?this is one of the best corporate news this year.If there was a like button somewhere i,d press it over and over again.
possunt quia posse videntur
Mpenzi
#11 Posted : Wednesday, November 28, 2012 3:51:25 PM
Rank: Veteran


Joined: 10/17/2008
Posts: 1,234
KulaRaha wrote:
This is the same guy who brought KAA to its knees?



???????????
mukiha
#12 Posted : Wednesday, November 28, 2012 4:21:03 PM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
Jamani wrote:
@Obi 1 Kanobi He was a damn good MD? "The MD has in recent months been fighting corruption allegations first brought to light by the Nairobi Law Monthly magazine. The charges involve alleged ‘dirty deals’ in the purchase of power generators for the company. Mr Njoroge responded to the allegations by suing the magazine and its publisher."


Isn't this the magazine published by a fellow who thinks that the new Thika highway will benefit only the people of Othaya; yet he uses it every time he drives to his rural home in Garissa?
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
Jamani
#13 Posted : Wednesday, November 28, 2012 4:23:05 PM
Rank: Elder


Joined: 9/12/2006
Posts: 1,554
Am wrote:
@Jamani..Not guilty until proven. If you read that particular Nairobi law monthly, you agree the story bordered on malice..it was so clear.

To me, the magazine is moving towards gutter very fast.


@Am Parliament raises queries on Sh825m KenGen deal. is parliament also boarding on malice? what about KAA as stated by Kula ruha?
mukiha
#14 Posted : Wednesday, November 28, 2012 4:23:25 PM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
KulaRaha wrote:
http://www.standardmedia.co.ke/?id=2000045663&catid=37&articleID=2000045663

Parliament raises queries on Sh825m KenGen deal


Aren't these the same fellows who are bribed with 10k to pass or reject a motion?
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
murchr
#15 Posted : Wednesday, November 28, 2012 4:25:20 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Jamani wrote:
Am wrote:
@Jamani..Not guilty until proven. If you read that particular Nairobi law monthly, you agree the story bordered on malice..it was so clear.

To me, the magazine is moving towards gutter very fast.


@Am Parliament raises queries on Sh825m KenGen deal. is parliament also boarding on malice? what about KAA as stated by Kula ruha?


They always raise queries, its an opportunty to eat the fat sitting allowance of 10K per day. No solutions bear fruit
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Jamani
#16 Posted : Wednesday, November 28, 2012 4:26:15 PM
Rank: Elder


Joined: 9/12/2006
Posts: 1,554
mukiha wrote:
KulaRaha wrote:
http://www.standardmedia.co.ke/?id=2000045663&catid=37&articleID=2000045663

Parliament raises queries on Sh825m KenGen deal


Aren't these the same fellows who are bribed with 10k to pass or reject a motion?


Yes they are and they might as well be offered the 10k to drop this Sh825m kenGen deal
digitek1
#17 Posted : Wednesday, November 28, 2012 4:36:20 PM
Rank: Veteran


Joined: 2/3/2010
Posts: 1,797
Location: Kenya
Under his watch he laid the foundation for windpower, increased geothermal, co-generation, nuclear power, birth of GDC etc
He is no michael joseph but he is not naikuni
I may be wrong..but then I could be right
mukiha
#18 Posted : Wednesday, November 28, 2012 4:49:51 PM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
Jamani wrote:
mukiha wrote:
KulaRaha wrote:
http://www.standardmedia.co.ke/?id=2000045663&catid=37&articleID=2000045663

Parliament raises queries on Sh825m KenGen deal


Aren't these the same fellows who are bribed with 10k to pass or reject a motion?


Yes they are and they might as well be offered the 10k to drop this Sh825m kenGen deal


Yeah... or the same 10k to raise the queries...
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
Obi 1 Kanobi
#19 Posted : Wednesday, November 28, 2012 4:54:26 PM
Rank: Elder


Joined: 7/23/2008
Posts: 3,017
I can assure you his retirement is a loss to kenGen. He stands heads and shoulders above any other political appointed MD, this explains why he is one of the presidents key men.

The Nairobi Law monthly allegations were pure nonsense, published by a character who seems to have specific issues with Eddy.

I don't have any knowledge of him ever getting involved with KAA, please enlighten me.

"The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
CaptainGG
#20 Posted : Wednesday, November 28, 2012 5:07:31 PM
Rank: New-farer


Joined: 10/13/2011
Posts: 67
Location: Kenya
Let him retire, it was never a permanent position. We have other eligible Kenyans too. You complain Muthaura, Nyoike etc are old yet you still want them to remain in office. Kenyans are very strange.
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