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KenGen HY 2019
Ericsson
#571 Posted : Monday, August 31, 2020 7:13:46 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Rebecca Miana reappointed as MD for another three years
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#572 Posted : Tuesday, September 01, 2020 10:01:09 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
FUNKY wrote:
Market Cap Trainers
@NSE_Investors
·
2m
It's shocking! Amazing Kengen has declared a kes 0.25 dividend per share for financial year ended 30 June 2019:Book closure will be on 22 October 2020.Psyment shall be on 7 December 2020.


AGM to be held on 22 October.
Dividend to be paid on or about 17 December 2020
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#573 Posted : Tuesday, September 01, 2020 10:02:44 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
FUNKY wrote:
Market Cap Trainers
@NSE_Investors
·
2m
It's shocking! Amazing Kengen has declared a kes 0.25 dividend per share for financial year ended 30 June 2019:Book closure will be on 22 October 2020.Psyment shall be on 7 December 2020.


AGM to be held on 22 October.
Dividend to be paid on or about 17 December 2020
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Extraterrestrial
#574 Posted : Tuesday, September 01, 2020 3:18:23 PM
Rank: Member

Joined: 11/17/2018
Posts: 173
Location: Mars
The dividend was reduced due to reintroduction of compensating tax which strikes in the year of distribution.
young
#575 Posted : Tuesday, September 01, 2020 9:09:50 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,074
Location: Lagos, Nigeria
Extraterrestrial wrote:
The dividend was reduced due to reintroduction of compensating tax which strikes in the year of distribution.


This implies that 2019/2020 dividends is very unlikely due to covid irrespective of salutary HY 2020 results earlier released.


https://citizentv.co.ke/...llion-dividends-343895/




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Ericsson
#576 Posted : Wednesday, September 16, 2020 1:27:46 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://af.reuters.com/a...cty-idAFKBN2662MI-OZABS

Kengen is seeking a transaction adviser for the sale of certified carbon reduction units.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#577 Posted : Sunday, September 20, 2020 12:53:36 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Consumers pay the price as Covid electricity cuts hit Turkana project

Kenya Power has rationed the amount of electricity it can take from producers, citing a slump in demand resulting from months of economic lockdown on account of the Covid-19 pandemic.
LTWP has been allocated a maximum production quota of 210MW, against an installed capacity of 310MW.

Kenya Power has prioritised the uptake of geothermal at 39.5 per cent, hydro at 33.9 per cent, wind at 14 per cent, diesel at 9.7 per cent with other sources like solar, imports from Uganda and co-generation accounting for about three per cent.

Main beneficiary

This arrangement has meant that Kenya Electricity Generating Company (KenGen), which is the sole producer of geothermal and hydro, is the main beneficiary.

The impact of Covid-19 has resulted in peak demand declining to an average of 1,760 MW. As such, Kenya Power is limiting the amount of electricity it is buying from each producer.

Data from the national control centre shows that over the past two weeks, consumption has averaged 1,765 MW against a projected demand of 1,930 MW.

https://www.theeastafric...-turkana-project-1939124
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#578 Posted : Friday, October 02, 2020 7:45:47 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
FY2020 results loading.
To be released last week of October.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#579 Posted : Saturday, October 03, 2020 10:01:45 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Djibouti with renewable energy potential of 300MW,only relies on 126Mw of thermal energy of which only 57MW is available for use by the 940000 population.
Owing to the high cost of power 0.28usd/kwh Djibouti Office for Geothermal Development(ODDEG) has completed negotiations with KENGEN to spearhead the geothermal energy move in the Galla Le Kome field.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
kawi254
#580 Posted : Thursday, October 08, 2020 11:00:39 PM
Rank: Member

Joined: 2/20/2015
Posts: 468
Location: Nairobi
AGM is on Oct 22, 2020. When are they publishing the INTEGRATED ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2019 ?

69 Pages«<5657585960>»
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