Is KE's NSSF similar to PIC?

Now,the next question would be whether NSSF pulls these sort of moves?

PIC assets base is bigger than south africa GDP.

https://www.businessdail...5950-5oagvez/index.html

"Treasury estimates of expected investment income from State corporations, government agencies and other organisations published on April 26 show that the telco was projected to contribute Sh15 billion in dividends in the next fiscal year.

KCB and KenGen are expected to contribute Sh2 billion and Sh1 billion respectively in dividends to the exchequer, the document shows.
The projected Sh1 billion income from KenGen suggests that the Treasury expects the power generator to return to paying dividends in the year ending this June, having held shareholders to a two-year dividend drought.

The government is the majority shareholder in KenGen with a stake of 70 per cent, equivalent to 4.62 billion shares, meaning that for the Treasury to achieve the Sh1 billion dividend target the company would need to pay out at least 21 cents per share to shareholders."

All dams full to maximum capacity, a warning has been issued to those living downstream masinga to be alert kengen might offload some excess water.good year for kengen

The dam is full so is overflowing (via spillway)...just thinking it is wrong to say they are discharging as they really can't keep the water as it is full. Discharging would mean they have control which they don't.

Also, instead of letting it spill away, i presume they are generating 100% because the spillway is 'waste'

Given the current scenario and probably with a simulation of the remaining part of this year, and considering the past as a known fact, how well could we project the endings

http://www.thinkgeoenerg...issioning-by-july-2019/

In a statement to local news, KenGen Managing Director Rebecca Miano said that the 168 MW Olkaria V geothermal power project is on track and construction is 40% complete. She gave that update as part of KenGen’s G2G Innovation seminar that brings together 500 KenGen employees and local and international stakeholders to deliberate and discuss innovative ideas. According to KenGen, it is through these seminars that the concept of geothermal spa was conceived. Other concepts that were hatched include the establishment of KenGen Industrial Park, whose development is at advanced stages.

The Sh40 billion (USD 400 million) Olkaria V project is expected to be commissioned by July 1, 2019 producing 168 MW. She said this is part KenGen’s ambitious green energy project aimed at delivering an additional 720 MW to the current 1,631 MW of renewable energy by 2020.

Is Ndungi a cousin of ndungani? Cautious all da time. Who cares to know names have powers greater than the person.

But why though? Don't get me wrong I am happy with the price decline as I plan on gorging myself soon but what's the reason for the fall?