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KenGen HY 2019
Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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https://www.businessdail...9738-bq8ym7z/index.html
The recent heavy rainfall has raised water levels in Kenya’s hydro-electric dams, enough to cut electricity prices by the biggest margin in 16 months. The increased water levels in the dams have reduced the use of expensive thermal power to record lows, cutting the fuel surcharge in December and part of January electricity bills to Sh2.65 per kilowatt hour, from Sh3 last month and Sh3.75 in May.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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FUNKY wrote:https://www.businessdail...9738-bq8ym7z/index.html
The recent heavy rainfall has raised water levels in Kenya’s hydro-electric dams, enough to cut electricity prices by the biggest margin in 16 months. The increased water levels in the dams have reduced the use of expensive thermal power to record lows, cutting the fuel surcharge in December and part of January electricity bills to Sh2.65 per kilowatt hour, from Sh3 last month and Sh3.75 in May. -19.3% YTD share price appreciation 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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Read the poor, average and terrible reviews and get a glimpse of a GoK entity's management of the Olkaria Spa. https://www.tripadvisor....ift_Valley_Province.html
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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[quote=Extraterrestrial]Read the poor, average and terrible reviews and get a glimpse of a GoK entity's management of the Olkaria Spa. https://www.tripadvisor....ft_Valley_Province.html[/quote] It's a mwananchi spa. If your expectations are of a luxury spa, you will be disappointed. Life is short. Live passionately.
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Rank: Member Joined: 2/20/2015 Posts: 467 Location: Nairobi
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sparkly wrote:[quote=Extraterrestrial]Read the poor, average and terrible reviews and get a glimpse of a GoK entity's management of the Olkaria Spa. https://www.tripadvisor....ft_Valley_Province.html[/quote] It's a mwananchi spa. If your expectations are of a luxury spa, you will be disappointed. I have read the reviews for which the Olkaria spa reviews are good. The restaurant reviews are the negative ones...they could do a food court where they open up the restaurant to competing service providers. That Olkaria spa restaurant service is so common all over Kenya...
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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kawi254 wrote:sparkly wrote:[quote=Extraterrestrial]Read the poor, average and terrible reviews and get a glimpse of a GoK entity's management of the Olkaria Spa. https://www.tripadvisor....ft_Valley_Province.html[/quote] It's a mwananchi spa. If your expectations are of a luxury spa, you will be disappointed. I have read the reviews for which the Olkaria spa reviews are good. The restaurant reviews are the negative ones...they could do a food court where they open up the restaurant to competing service providers. That Olkaria spa restaurant service is so common all over Kenya... Yep! The restaurant is a let down but they are coasting on the lack of options for visitors. The "Delamare Farm" has a nice restaurant but it is some distance away on the "Upper Road" and there are other options along South Lake Rd though all require one to exit Hell's Gate/Olkaria. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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VituVingiSana wrote:kawi254 wrote:sparkly wrote:It's a mwananchi spa. If your expectations are of a luxury spa, you will be disappointed. I have read the reviews for which the Olkaria spa reviews are good. The restaurant reviews are the negative ones...they could do a food court where they open up the restaurant to competing service providers. That Olkaria spa restaurant service is so common all over Kenya... Yep! The restaurant is a let down but they are coasting on the lack of options for visitors. The "Delamare Farm" has a nice restaurant but it is some distance away on the "Upper Road" and there are other options along South Lake Rd though all require one to exit Hell's Gate/Olkaria. This spa's contribution to Kengen's profit is insignificant. But yes, they need to do something about the restaurant.
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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https://www.businessdail...15436-nj5vp8/index.html
:The fuel cost levy has fallen to its lowest in 13 months due to heavy rains that have filled the country’s power generation dams.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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mwekez@ji wrote:VituVingiSana wrote:kawi254 wrote:sparkly wrote:It's a mwananchi spa. If your expectations are of a luxury spa, you will be disappointed. I have read the reviews for which the Olkaria spa reviews are good. The restaurant reviews are the negative ones...they could do a food court where they open up the restaurant to competing service providers. That Olkaria spa restaurant service is so common all over Kenya... Yep! The restaurant is a let down but they are coasting on the lack of options for visitors. The "Delamare Farm" has a nice restaurant but it is some distance away on the "Upper Road" and there are other options along South Lake Rd though all require one to exit Hell's Gate/Olkaria. This spa's contribution to Kengen's profit is insignificant. But yes, they need to do something about the restaurant. They outsource to a firm that knows how to run a restaurant Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 2/20/2015 Posts: 467 Location: Nairobi
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right about now the KenGen dividend would be rescuing the nJaanuary situation.
Wanjiku missed the yearly December trip to Nairobi to attend KenGen AGM. Does Wanjiku understand it is because Her president can't make up His mind?
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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kawi254 wrote:right about now the KenGen dividend would be rescuing the nJaanuary situation.
Wanjiku missed the yearly December trip to Nairobi to attend KenGen AGM. Does Wanjiku understand it is because Her president can't make up His mind? Dividend may come through HY results. This one doesn't require Auditor general Wanjiku is being entertained by BBI and desert locusts Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 12/22/2015 Posts: 224 Location: Mombasa, Kenya
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Ericsson wrote:kawi254 wrote:right about now the KenGen dividend would be rescuing the nJaanuary situation.
Wanjiku missed the yearly December trip to Nairobi to attend KenGen AGM. Does Wanjiku understand it is because Her president can't make up His mind? Dividend may come through HY results. This one doesn't require Auditor general Wanjiku is being entertained by BBI and desert locusts Are u saying they will release HY results before the long awaited FY? Shame on Jubilee. 14 member BBI committee appointed in record time to waste time and money... But we can't have an Auditor General. Shame! Start!
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Rank: Member Joined: 7/6/2018 Posts: 175 Location: Kinshasa
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Metch wrote:Ericsson wrote:kawi254 wrote:right about now the KenGen dividend would be rescuing the nJaanuary situation.
Wanjiku missed the yearly December trip to Nairobi to attend KenGen AGM. Does Wanjiku understand it is because Her president can't make up His mind? Dividend may come through HY results. This one doesn't require Auditor general Wanjiku is being entertained by BBI and desert locusts Are u saying they will release HY results before the long awaited FY? Shame on Jubilee. 14 member BBI committee appointed in record time to waste time and money... But we can't have an Auditor General. Shame! Really? How about comparative figures? I dont think they can release HY results without divulging how they fared in FY. Pas possible! Are we (not) getting too jittery and wishful? If it don't make dollars, it don't make sense
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Metch wrote:Ericsson wrote:kawi254 wrote:right about now the KenGen dividend would be rescuing the nJaanuary situation.
Wanjiku missed the yearly December trip to Nairobi to attend KenGen AGM. Does Wanjiku understand it is because Her president can't make up His mind? Dividend may come through HY results. This one doesn't require Auditor general Wanjiku is being entertained by BBI and desert locusts Are u saying they will release HY results before the long awaited FY? Shame on Jubilee. 14 member BBI committee appointed in record time to waste time and money... But we can't have an Auditor General. Shame! Shame & blame squarely fall on Baba. He should have helped Kenyans with this appointment, but he has been bought. 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: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Angelica _ann wrote:Metch wrote:Ericsson wrote:kawi254 wrote:right about now the KenGen dividend would be rescuing the nJaanuary situation.
Wanjiku missed the yearly December trip to Nairobi to attend KenGen AGM. Does Wanjiku understand it is because Her president can't make up His mind? Dividend may come through HY results. This one doesn't require Auditor general Wanjiku is being entertained by BBI and desert locusts Are u saying they will release HY results before the long awaited FY? Shame on Jubilee. 14 member BBI committee appointed in record time to waste time and money... But we can't have an Auditor General. Shame! Shame & blame squarely fall on Baba. He should have helped Kenyans with this appointment, but he has been bought. The problem is the despot. Focus, viva. The despot behaves like a spoilt child who cannot link effects to his actions. Case in point is the war with the Judiciary. He is yet to approve 30 judges appointed by JSC. Treasury & Parliament connived to reduce budget allocations to the Judiciary. His Ministers defy court orders particularly on Miguna's immigration status. Yet he blames the Judiciary for inefficiency. He has directed parastatals to surrender idle cash to Treasury. Yet he has failed to appoint Auditor General to approve financials to enable the companies approve dividend payouts. In a couple of months he will be directing DCI to arrest and charge directors of the parastatals for failing to adhere to his directive. The despot must fall. Viva Life is short. Live passionately.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Angelica _ann wrote:Metch wrote:Ericsson wrote:kawi254 wrote:right about now the KenGen dividend would be rescuing the nJaanuary situation.
Wanjiku missed the yearly December trip to Nairobi to attend KenGen AGM. Does Wanjiku understand it is because Her president can't make up His mind? Dividend may come through HY results. This one doesn't require Auditor general Wanjiku is being entertained by BBI and desert locusts Are u saying they will release HY results before the long awaited FY? Shame on Jubilee. 14 member BBI committee appointed in record time to waste time and money... But we can't have an Auditor General. Shame! Shame & blame squarely fall on Baba. He should have helped Kenyans with this appointment, but he has been bought. Baba is a business man. He does commerce politics Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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sparkly wrote:Angelica _ann wrote:Metch wrote:Ericsson wrote:kawi254 wrote:right about now the KenGen dividend would be rescuing the nJaanuary situation.
Wanjiku missed the yearly December trip to Nairobi to attend KenGen AGM. Does Wanjiku understand it is because Her president can't make up His mind? Dividend may come through HY results. This one doesn't require Auditor general Wanjiku is being entertained by BBI and desert locusts Are u saying they will release HY results before the long awaited FY? Shame on Jubilee. 14 member BBI committee appointed in record time to waste time and money... But we can't have an Auditor General. Shame! Shame & blame squarely fall on Baba. He should have helped Kenyans with this appointment, but he has been bought. The problem is the despot. Focus, viva. The despot behaves like a spoilt child who cannot link effects to his actions. Case in point is the war with the Judiciary. He is yet to approve 30 judges appointed by JSC. Treasury & Parliament connived to reduce budget allocations to the Judiciary. His Ministers defy court orders particularly on Miguna's immigration status. Yet he blames the Judiciary for inefficiency. He has directed parastatals to surrender idle cash to Treasury. Yet he has failed to appoint Auditor General to approve financials to enable the companies approve dividend payouts. In a couple of months he will be directing DCI to arrest and charge directors of the parastatals for failing to adhere to his directive. The despot must fall. Viva In the Kplc thread 'we were supposed to impeach him' if he didn't appoint the Auditor General within some specified time lines, what became of that?  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: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Angelica _ann wrote:sparkly wrote:Angelica _ann wrote:Metch wrote:Ericsson wrote:kawi254 wrote:right about now the KenGen dividend would be rescuing the nJaanuary situation.
Wanjiku missed the yearly December trip to Nairobi to attend KenGen AGM. Does Wanjiku understand it is because Her president can't make up His mind? Dividend may come through HY results. This one doesn't require Auditor general Wanjiku is being entertained by BBI and desert locusts Are u saying they will release HY results before the long awaited FY? Shame on Jubilee. 14 member BBI committee appointed in record time to waste time and money... But we can't have an Auditor General. Shame! Shame & blame squarely fall on Baba. He should have helped Kenyans with this appointment, but he has been bought. The problem is the despot. Focus, viva. The despot behaves like a spoilt child who cannot link effects to his actions. Case in point is the war with the Judiciary. He is yet to approve 30 judges appointed by JSC. Treasury & Parliament connived to reduce budget allocations to the Judiciary. His Ministers defy court orders particularly on Miguna's immigration status. Yet he blames the Judiciary for inefficiency. He has directed parastatals to surrender idle cash to Treasury. Yet he has failed to appoint Auditor General to approve financials to enable the companies approve dividend payouts. In a couple of months he will be directing DCI to arrest and charge directors of the parastatals for failing to adhere to his directive. The despot must fall. Viva In the Kplc thread 'we were supposed to impeach him' if he didn't appoint the Auditor General within some specified time lines, what became of that? I am for releasing the results as unaudited. Sparkly wrote:
IMO Kengen should just release the results as unaudited and pay dividends.
It's unacceptable for a company traded on a world recognized exchange to peg release of results on a political process that might take a whole year.
Life is short. Live passionately.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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sparkly wrote:Angelica _ann wrote:sparkly wrote:Angelica _ann wrote:Metch wrote:Ericsson wrote:kawi254 wrote:right about now the KenGen dividend would be rescuing the nJaanuary situation.
Wanjiku missed the yearly December trip to Nairobi to attend KenGen AGM. Does Wanjiku understand it is because Her president can't make up His mind? Dividend may come through HY results. This one doesn't require Auditor general Wanjiku is being entertained by BBI and desert locusts Are u saying they will release HY results before the long awaited FY? Shame on Jubilee. 14 member BBI committee appointed in record time to waste time and money... But we can't have an Auditor General. Shame! Shame & blame squarely fall on Baba. He should have helped Kenyans with this appointment, but he has been bought. The problem is the despot. Focus, viva. The despot behaves like a spoilt child who cannot link effects to his actions. Case in point is the war with the Judiciary. He is yet to approve 30 judges appointed by JSC. Treasury & Parliament connived to reduce budget allocations to the Judiciary. His Ministers defy court orders particularly on Miguna's immigration status. Yet he blames the Judiciary for inefficiency. He has directed parastatals to surrender idle cash to Treasury. Yet he has failed to appoint Auditor General to approve financials to enable the companies approve dividend payouts. In a couple of months he will be directing DCI to arrest and charge directors of the parastatals for failing to adhere to his directive. The despot must fall. Viva In the Kplc thread 'we were supposed to impeach him' if he didn't appoint the Auditor General within some specified time lines, what became of that? I am for releasing the results as unaudited. Not allowedSparkly wrote:
IMO Kengen should just release the results as unaudited and pay dividends.
It's unacceptable for a company traded on a world recognized exchange to peg release of results on a political process that might take a whole year.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 12/22/2015 Posts: 224 Location: Mombasa, Kenya
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Ericsson wrote:sparkly wrote:Angelica _ann wrote:sparkly wrote:Angelica _ann wrote:Metch wrote:Ericsson wrote:kawi254 wrote:right about now the KenGen dividend would be rescuing the nJaanuary situation.
Wanjiku missed the yearly December trip to Nairobi to attend KenGen AGM. Does Wanjiku understand it is because Her president can't make up His mind? Dividend may come through HY results. This one doesn't require Auditor general Wanjiku is being entertained by BBI and desert locusts Are u saying they will release HY results before the long awaited FY? Shame on Jubilee. 14 member BBI committee appointed in record time to waste time and money... But we can't have an Auditor General. Shame! Shame & blame squarely fall on Baba. He should have helped Kenyans with this appointment, but he has been bought. The problem is the despot. Focus, viva. The despot behaves like a spoilt child who cannot link effects to his actions. Case in point is the war with the Judiciary. He is yet to approve 30 judges appointed by JSC. Treasury & Parliament connived to reduce budget allocations to the Judiciary. His Ministers defy court orders particularly on Miguna's immigration status. Yet he blames the Judiciary for inefficiency. He has directed parastatals to surrender idle cash to Treasury. Yet he has failed to appoint Auditor General to approve financials to enable the companies approve dividend payouts. In a couple of months he will be directing DCI to arrest and charge directors of the parastatals for failing to adhere to his directive. The despot must fall. Viva In the Kplc thread 'we were supposed to impeach him' if he didn't appoint the Auditor General within some specified time lines, what became of that? I am for releasing the results as unaudited. Not allowedSparkly wrote:
IMO Kengen should just release the results as unaudited and pay dividends.
It's unacceptable for a company traded on a world recognized exchange to peg release of results on a political process that might take a whole year.
https://twitter.com/Nati...218157282124599298?s=19
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