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KenGen HY 2019
Rank: Elder Joined: 12/7/2012 Posts: 11,936
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Metch wrote: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
 This will drag on in until mid year. Just like IEBC CEO recruitment. 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: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? https://www.businessdail...21784-q16n60/index.html
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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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.
Under which law is it not allowed? Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,367 Location: Nairobi
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sparkly wrote: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.
Under which law is it not allowed? @Sparkly vs @Ericsson 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: 10,816 Location: NAIROBI
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sparkly wrote: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.
Under which law is it not allowed? CMA, State corporations act that governs the state corporations Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,816 Location: NAIROBI
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Angelica _ann wrote:Metch wrote: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
This will drag on in until mid year. Just like IEBC CEO recruitment. Blame is on the leadership that Kenyans voted in. The political leadership is not interested in following the law. Interest is on putting cronies, psycophants and lieutenants to sing their tunes. UK has gone rogue Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Ericsson wrote:sparkly wrote: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.
Under which law is it not allowed? CMA, State corporations act that governs the state corporations Do you mind quoted the relevant sections? Life is short. Live passionately.
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Rank: Elder Joined: 12/4/2009 Posts: 10,816 Location: NAIROBI
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sparkly wrote:Ericsson wrote:sparkly wrote: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.
Under which law is it not allowed? CMA, State corporations act that governs the state corporations Do you mind quoted the relevant sections? State Corporations Act (2012) page 11 Books of accounts, records and audits subsection 3. Then download Public Audit Act 2003 and read it Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 7/6/2018 Posts: 175 Location: Kinshasa
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Metch wrote: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
https://www.businessdail...421784-q16n60/index.htmlIf it don't make dollars, it don't make sense
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Rank: Member Joined: 11/17/2018 Posts: 173 Location: Mars
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The firms that increased their debts by huge margins include KenGen, whose stock of debt guaranteed by the government increased by Sh18 billion to Sh43 billion by end of June 2019 https://www.standardmedi...eed-debt-by-sh20-billion
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