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Kenya Power - what's the latest?
Rank: Member Joined: 5/2/2018 Posts: 267
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rwitre wrote:kawi254 wrote:sparkly wrote:mlennyma wrote:obiero wrote:ngapat wrote:Kenya Power Board appoints Eng. Jared Otieno as the Acting MD following the suspension of Ken Tarus. Otieno has worked at KPLC for more than 30 years and was the immediate former Manager in charge of Streetlighting Project. Congratulations to Eng Jared Otieno Kwanini mtu wetu ametoka. ...iam waiting for such bullshit. Handshake Kenya Power Board will advertise the CEO position in 'The Economist' only to confirm Eng Jared Otieno in 3 months. Blackout in court for ex-KPLC bosses court date...The irony  The irony! (The 'power men' are so corrupt that even power fears them.) It's time that this monopoly is stopped in its tracks. That will help it rev up or fade into oblivion. Competition should help it cease being a cash-cow for politicians.
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Superprime1 wrote:rwitre wrote:kawi254 wrote:sparkly wrote:mlennyma wrote:obiero wrote:ngapat wrote:Kenya Power Board appoints Eng. Jared Otieno as the Acting MD following the suspension of Ken Tarus. Otieno has worked at KPLC for more than 30 years and was the immediate former Manager in charge of Streetlighting Project. Congratulations to Eng Jared Otieno Kwanini mtu wetu ametoka. ...iam waiting for such bullshit. Handshake Kenya Power Board will advertise the CEO position in 'The Economist' only to confirm Eng Jared Otieno in 3 months. Blackout in court for ex-KPLC bosses court date...The irony The irony! (The 'power men' are so corrupt that even power fears them.) It's time that this monopoly is stopped in its tracks. That will help it rev up or fade into oblivion. Competition should help it cease being a cash-cow for politicians. From top to bottom its corruption in this company "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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The Press Conference https://www.youtube.com/...dM&feature=youtu.be
Keter's words and demeanor seems to indicate he supports the suspended/arrested managers! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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 In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Absolutely Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 5/2/2018 Posts: 267
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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if jubilee succession is as we know, we are done incase they succeed "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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mlennyma wrote:if jubilee succession is as we know, we are done incase they succeed I was more amused than surprised by his language and he is such a young guy - relatively. His tap has been suspended for the time being. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Member Joined: 2/20/2015 Posts: 468 Location: Nairobi
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Angelica _ann wrote:mlennyma wrote:if jubilee succession is as we know, we are done incase they succeed I was more amused than surprised by his language and he is such a young guy - relatively. His tap has been suspended for the time being. For Kenya Power, they have so much debt from IMF/World Bank/IFC who i believe are the ones putting pressure for action by asking questions on their money being miss-appropriated...
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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kawi254 wrote:Angelica _ann wrote:mlennyma wrote:if jubilee succession is as we know, we are done incase they succeed I was more amused than surprised by his language and he is such a young guy - relatively. His tap has been suspended for the time being. For Kenya Power, they have so much debt from IMF/World Bank/IFC who i believe are the ones putting pressure for action by asking questions on their money being miss-appropriated... The borrowings/debt is huge.They need to start reducing it very fast Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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