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KenGen HY 2019
FUNKY
#321 Posted : Wednesday, December 18, 2019 10:25:48 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635

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.
Ericsson
#322 Posted : Friday, December 20, 2019 9:50:26 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,815
Location: NAIROBI
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
Extraterrestrial
#323 Posted : Friday, January 10, 2020 5:12:51 PM
Rank: Member

Joined: 11/17/2018
Posts: 173
Location: Mars
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
sparkly
#324 Posted : Friday, January 10, 2020 8:27:59 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
[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.
kawi254
#325 Posted : Friday, January 10, 2020 9:48:40 PM
Rank: Member

Joined: 2/20/2015
Posts: 468
Location: Nairobi
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...
VituVingiSana
#326 Posted : Saturday, January 11, 2020 12:03:26 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,366
Location: Nairobi
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
mwekez@ji
#327 Posted : Saturday, January 11, 2020 3:54:50 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
VituVingiSana wrote:
kawi254 wrote:
sparkly wrote:
Extraterrestrial wrote:
Read the poor, average and terrible reviews and get a glimpse of a GoK entity's management of the Olkaria Spa.

https://www.tripadvisor.com/Show...ift_Valley_Province.html


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.
FUNKY
#328 Posted : Sunday, January 12, 2020 10:38:32 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
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.
Ericsson
#329 Posted : Monday, January 13, 2020 7:38:45 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,815
Location: NAIROBI
mwekez@ji wrote:
VituVingiSana wrote:
kawi254 wrote:
sparkly wrote:
Extraterrestrial wrote:
Read the poor, average and terrible reviews and get a glimpse of a GoK entity's management of the Olkaria Spa.

https://www.tripadvisor.com/Show...ift_Valley_Province.html


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
kawi254
#330 Posted : Wednesday, January 15, 2020 3:16:36 PM
Rank: Member

Joined: 2/20/2015
Posts: 468
Location: Nairobi
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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