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Kenya Power HY 2019
Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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kawi254 wrote:Ericsson wrote:https://www.businessdailyafrica.com/corporate/companies/Mombasa-Cement-to-build-wind-plant/4003102-5352192-8ymthsz/index.html
Mombasa Cement Company set up its 36-megawatt wind farm in Kilifi for its operations due to the high cost of electricity and inefficient supply that have seen other companies also shift from relying on Kenya Power. Devki has a 15MW coal plant in Kajiado. Can Wind Power offer stable supply? With no PPA with KPLC what they will do with power generated during their off peak when wind blows? From what I understand, a "normal" cement plant has some part of its operation (grinding/kiln) on 24/7 given the nature of the product so it can't rely 100% on wind power. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 7/6/2018 Posts: 175 Location: Kinshasa
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Somebody give a copy of the old classic "Who Moved My Cheese" by Spencer Johnson to the Kplc BoD/Management. They must be deluded that they are still "too big to fail" or can't be disrupted. If it don't make dollars, it don't make sense
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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kawi254 wrote:Ericsson wrote:https://www.businessdailyafrica.com/corporate/companies/Mombasa-Cement-to-build-wind-plant/4003102-5352192-8ymthsz/index.html
Mombasa Cement Company set up its 36-megawatt wind farm in Kilifi for its operations due to the high cost of electricity and inefficient supply that have seen other companies also shift from relying on Kenya Power. Devki has a 15MW coal plant in Kajiado. Can Wind Power offer stable supply? With no PPA with KPLC what they will do with power generated during their off peak when wind blows? Switch off the turbines Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: New-farer Joined: 12/30/2018 Posts: 94
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Kenya Power pushes for 20pc electricity bill hike The listed utility firm has sought approval from the Energy and Petroleum Regulatory Authority (EPRA) — the electricity sector regulator — for the raising of tariffs to reverse its reducing profitability and review the temporary reduction of power charges that expired in July. https://www.businessdail...2726-13wwxyp/index.html via @BD_Africa
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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kenyan2019 wrote:Kenya Power pushes for 20pc electricity bill hike The listed utility firm has sought approval from the Energy and Petroleum Regulatory Authority (EPRA) — the electricity sector regulator — for the raising of tariffs to reverse its reducing profitability and review the temporary reduction of power charges that expired in July. https://www.businessdail...2726-13wwxyp/index.html via @BD_Africa 20%, that is too much yawa. This will impact on the cost of doing business in Kenya. 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: 8/6/2018 Posts: 299
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Angelica _ann wrote:kenyan2019 wrote:Kenya Power pushes for 20pc electricity bill hike The listed utility firm has sought approval from the Energy and Petroleum Regulatory Authority (EPRA) — the electricity sector regulator — for the raising of tariffs to reverse its reducing profitability and review the temporary reduction of power charges that expired in July. https://www.businessdail...2726-13wwxyp/index.html via @BD_Africa 20%, that is too much yawa. This will impact on the cost of doing business in Kenya. Much of this should be going to KENGEN (Olkaria V-158MW) Ethiopia 200MW, KIPETO 100MW, other solars 200MW within the next 2 years
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Rank: Member Joined: 11/17/2018 Posts: 173 Location: Mars
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Results, was there an extension from 30th November & if yes to what date? 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: 10,684 Location: NAIROBI
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Angelica _ann wrote:Results, was there an extension from 30th November & if yes to what date? Results till next year https://pbs.twimg.com/me...mat=jpg&name=900x900Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 8/6/2018 Posts: 299
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Ericsson wrote:[quote=Angelica _ann]Results, was there an extension from 30th November & if yes to what date? Results till next year https://pbs.twimg.com/me...at=jpg&name=900x900[/quote] Its the AGM that has been pushed to next year, not the Financials...before you eat Christmas, the financials will be out...infact they can be sneaked out when people are going for the Midnight Carols service...and BOOOOM
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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KaunganaDoDo wrote:Ericsson wrote:[quote=Angelica _ann]Results, was there an extension from 30th November & if yes to what date? Results till next year https://pbs.twimg.com/me...at=jpg&name=900x900[/quote] Its the AGM that has been pushed to next year, not the Financials...before you eat Christmas, the financials will be out...infact they can be sneaked out when people are going for the Midnight Carols service...and BOOOOM Auditor General not yet nominated. After nomination by the president he has to be vetted and approved by Parliament. Parliament is going for recess from Thursday 5th December 2019 to 10th February 2020 http://www.parliament.go...AR_2018_APPROVED_3_0.pdfWealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Ericsson wrote:KaunganaDoDo wrote:Ericsson wrote:[quote=Angelica _ann]Results, was there an extension from 30th November & if yes to what date? Results till next year https://pbs.twimg.com/me...at=jpg&name=900x900[/quote] Its the AGM that has been pushed to next year, not the Financials...before you eat Christmas, the financials will be out...infact they can be sneaked out when people are going for the Midnight Carols service...and BOOOOM Auditor General not yet nominated. After nomination by the president he has to be vetted and approved by Parliament. Parliament is going for recess from Thursday 5th December 2019 to 10th February 2020 http://www.parliament.go...R_2018_APPROVED_3_0.pdf Wah! At this rate, the FY results will released with the HY results! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 8/6/2018 Posts: 299
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Ericsson wrote:KaunganaDoDo wrote:[quote=Ericsson][quote=Angelica _ann]Results, was there an extension from 30th November & if yes to what date? Results till next year https://pbs.twimg.com/me...at=jpg&name=900x900[/quote] Its the AGM that has been pushed to next year, not the Financials...before you eat Christmas, the financials will be out...infact they can be sneaked out when people are going for the Midnight Carols service...and BOOOOM Auditor General not yet nominated. After nomination by the president he has to be vetted and approved by Parliament. Parliament is going for recess from Thursday 5th December 2019 to 10th February 2020 http://www.parliament.go...R_2018_APPROVED_3_0.pdf[/quote] The law gives the president maximum of 7 days to submit the name to parliament once he has been given the 3 nominees. Parliament has 3 days to confirm or reject the nominees once they receive the nominee from president. The committee and the assembly will convene even during recess...so Its highly expected that before end of the week, the nominee will be in National Assembly, and approval pronto
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:[quote=Ericsson][quote=Angelica _ann]Results, was there an extension from 30th November & if yes to what date? Results till next year https://pbs.twimg.com/me...at=jpg&name=900x900[/quote] Its the AGM that has been pushed to next year, not the Financials...before you eat Christmas, the financials will be out...infact they can be sneaked out when people are going for the Midnight Carols service...and BOOOOM Auditor General not yet nominated. After nomination by the president he has to be vetted and approved by Parliament. Parliament is going for recess from Thursday 5th December 2019 to 10th February 2020 http://www.parliament.go...R_2018_APPROVED_3_0.pdf[/quote] The law gives the president maximum of 7 days to submit the name to parliament once he has been given the 3 nominees. Parliament has 3 days to confirm or reject the nominees once they receive the nominee from president. The committee and the assembly will convene even during recess...so Its highly expected that before end of the week, the nominee will be in National Assembly, and approval pronto What if he refuses to submit one of the 3 names? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 8/6/2018 Posts: 299
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VituVingiSana wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:[quote=Ericsson][quote=Angelica _ann]Results, was there an extension from 30th November & if yes to what date? Results till next year https://pbs.twimg.com/me...at=jpg&name=900x900[/quote] Its the AGM that has been pushed to next year, not the Financials...before you eat Christmas, the financials will be out...infact they can be sneaked out when people are going for the Midnight Carols service...and BOOOOM Auditor General not yet nominated. After nomination by the president he has to be vetted and approved by Parliament. Parliament is going for recess from Thursday 5th December 2019 to 10th February 2020 http://www.parliament.go...R_2018_APPROVED_3_0.pdf[/quote] The law gives the president maximum of 7 days to submit the name to parliament once he has been given the 3 nominees. Parliament has 3 days to confirm or reject the nominees once they receive the nominee from president. The committee and the assembly will convene even during recess...so Its highly expected that before end of the week, the nominee will be in National Assembly, and approval pronto What if he refuses to submit one of the 3 names? He is obliged. Anything else is high crime and misdemeanors...We impeach him
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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KaunganaDoDo wrote:VituVingiSana wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:[quote=Ericsson][quote=Angelica _ann]Results, was there an extension from 30th November & if yes to what date? Results till next year https://pbs.twimg.com/me...at=jpg&name=900x900[/quote] Its the AGM that has been pushed to next year, not the Financials...before you eat Christmas, the financials will be out...infact they can be sneaked out when people are going for the Midnight Carols service...and BOOOOM Auditor General not yet nominated. After nomination by the president he has to be vetted and approved by Parliament. Parliament is going for recess from Thursday 5th December 2019 to 10th February 2020 http://www.parliament.go...R_2018_APPROVED_3_0.pdf[/quote] The law gives the president maximum of 7 days to submit the name to parliament once he has been given the 3 nominees. Parliament has 3 days to confirm or reject the nominees once they receive the nominee from president. The committee and the assembly will convene even during recess...so Its highly expected that before end of the week, the nominee will be in National Assembly, and approval pronto What if he refuses to submit one of the 3 names? He is obliged. Anything else is high crime and misdemeanors...We impeach him "We" ni nani? Anyway, I am in the same boat given my Kenya Re but I have a little more time. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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VituVingiSana wrote:KaunganaDoDo wrote:VituVingiSana wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:[quote=Ericsson][quote=Angelica _ann]Results, was there an extension from 30th November & if yes to what date? Results till next year https://pbs.twimg.com/me...at=jpg&name=900x900[/quote] Its the AGM that has been pushed to next year, not the Financials...before you eat Christmas, the financials will be out...infact they can be sneaked out when people are going for the Midnight Carols service...and BOOOOM Auditor General not yet nominated. After nomination by the president he has to be vetted and approved by Parliament. Parliament is going for recess from Thursday 5th December 2019 to 10th February 2020 http://www.parliament.go...R_2018_APPROVED_3_0.pdf[/quote] The law gives the president maximum of 7 days to submit the name to parliament once he has been given the 3 nominees. Parliament has 3 days to confirm or reject the nominees once they receive the nominee from president. The committee and the assembly will convene even during recess...so Its highly expected that before end of the week, the nominee will be in National Assembly, and approval pronto What if he refuses to submit one of the 3 names? He is obliged. Anything else is high crime and misdemeanors...We impeach him "We" ni nani? Anyway, I am in the same boat given my Kenya Re but I have a little more time. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 11/17/2018 Posts: 173 Location: Mars
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Rank: Member Joined: 8/6/2018 Posts: 299
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Extraterrestrial wrote:https://www.nation.co.ke/news/Long-wait-Edward-Ouko-successor/1056-5373364-4od018z/index.html LONG WAIT INDEED...But this should be the period to EXIT from KPLC . Dont wait for the stampede next year. You can always come back when things Improve or concerted efforts are made to improve the situation. Half Year Should be a loss, if not full year. Anyway, as St Pauls Tell the Galatians...YoU know what sort of time we live in, and so you should live properly....its TIME TO WAKE UP... the Hour when Christ will come back is nearer now than when we first put our faith in the lord....
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Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
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KaunganaDoDo wrote:Extraterrestrial wrote:https://www.nation.co.ke/news/Long-wait-Edward-Ouko-successor/1056-5373364-4od018z/index.html LONG WAIT INDEED...But this should be the period to EXIT from KPLC . Dont wait for the stampede next year. You can always come back when things Improve or concerted efforts are made to improve the situation. Half Year Should be a loss, if not full year. Anyway, as St Pauls Tell the Galatians...YoU know what sort of time we live in, and so you should live properly....its TIME TO WAKE UP... the Hour when Christ will come back is nearer now than when we first put our faith in the lord.... wow. Indeed we live in perilous times of thieving kila kitu. is it time to accumulate KENGEN? or also to exit
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