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Kenya Power HY 2019
Ericsson
#161 Posted : Tuesday, January 14, 2020 10:35:57 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,019
Location: NAIROBI
Extraterrestrial wrote:
When do we expect an Auditor General? This government is very skilled in not giving a flying fish.


March
Angelica _ann
#162 Posted : Tuesday, January 14, 2020 10:53:42 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,187
Ericsson wrote:
Extraterrestrial wrote:
When do we expect an Auditor General? This government is very skilled in not giving a flying fish.


March


With the politics going on, May is feasible.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Ericsson
#163 Posted : Wednesday, January 15, 2020 7:08:34 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,019
Location: NAIROBI
Angelica _ann wrote:
Ericsson wrote:
Extraterrestrial wrote:
When do we expect an Auditor General? This government is very skilled in not giving a flying fish.


March


With the politics going on, May is feasible.


HY results will be announced towards end of February
Extraterrestrial
#164 Posted : Monday, January 20, 2020 6:36:51 PM
Rank: Member


Joined: 11/17/2018
Posts: 116
Location: Mars
KPLC headed the KQ way?

"Under the directive to guide Budget preparation for the 2020/21 financial year, Mr Yatani said that the Treasury will review the financial health of all parastatals and corporations for possible folding up, merging or restructuring, pointing to an uncertain future ahead for the entities."

https://www.businessdail...KbuKOpxMhrUGs8_lvtmU6VAg
Angelica _ann
#165 Posted : Monday, January 20, 2020 6:47:15 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,187
[quote=Extraterrestrial]KPLC headed the KQ way?

"Under the directive to guide Budget preparation for the 2020/21 financial year, Mr Yatani said that the Treasury will review the financial health of all parastatals and corporations for possible folding up, merging or restructuring, pointing to an uncertain future ahead for the entities."

https://www.businessdail...buKOpxMhrUGs8_lvtmU6VAg[/quote]

Kplc cannot be affected by this directive. Too big to fail status, crucial service and a monopoly.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Balaa
#166 Posted : Monday, January 20, 2020 7:14:39 PM
Rank: Member


Joined: 7/6/2018
Posts: 106
Location: Kinshasa
A new broom sweeps clean...(fodder for BD)
VituVingiSana
#167 Posted : Monday, January 20, 2020 8:13:26 PM
Rank: Chief


Joined: 1/3/2007
Posts: 16,716
Location: Nairobi
Ericsson wrote:
Angelica _ann wrote:
Ericsson wrote:
Extraterrestrial wrote:
When do we expect an Auditor General? This government is very skilled in not giving a flying fish.


March


With the politics going on, May is feasible.


HY results will be announced towards end of February
Have FY results been released?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#168 Posted : Monday, January 20, 2020 8:22:47 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,019
Location: NAIROBI
[quote=Extraterrestrial]KPLC headed the KQ way?

"Under the directive to guide Budget preparation for the 2020/21 financial year, Mr Yatani said that the Treasury will review the financial health of all parastatals and corporations for possible folding up, merging or restructuring, pointing to an uncertain future ahead for the entities."

https://www.businessdail...buKOpxMhrUGs8_lvtmU6VAg[/quote]

Yattani is talking too much.
He needs to tone down a bit and act more
kawi254
#169 Posted : Monday, January 20, 2020 9:09:36 PM
Rank: Member


Joined: 2/20/2015
Posts: 366
Location: Nairobi
Ericsson wrote:
[quote=Extraterrestrial]KPLC headed the KQ way?

"Under the directive to guide Budget preparation for the 2020/21 financial year, Mr Yatani said that the Treasury will review the financial health of all parastatals and corporations for possible folding up, merging or restructuring, pointing to an uncertain future ahead for the entities."

https://www.businessdail...buKOpxMhrUGs8_lvtmU6VAg[/quote]

Yattani is talking too much.
He needs to tone down a bit and act more


LOL! A 2013 parastatal reform report is gathering dust. Do not take this Government seriously.
Ebenyo
#170 Posted : Monday, January 20, 2020 9:55:28 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,791
Location: Kitale
kawi254 wrote:
Ericsson wrote:
[quote=Extraterrestrial]KPLC headed the KQ way?

"Under the directive to guide Budget preparation for the 2020/21 financial year, Mr Yatani said that the Treasury will review the financial health of all parastatals and corporations for possible folding up, merging or restructuring, pointing to an uncertain future ahead for the entities."

https://www.businessdail...buKOpxMhrUGs8_lvtmU6VAg[/quote]

Yattani is talking too much.
He needs to tone down a bit and act more


LOL! A 2013 parastatal reform report is gathering dust. Do not take this Government seriously.



Kenya power and Kengen was to be merged?
Towards the goal of financial freedom
Extraterrestrial
#171 Posted : Monday, January 20, 2020 10:35:57 PM
Rank: Member


Joined: 11/17/2018
Posts: 116
Location: Mars
Ebenyo wrote:
kawi254 wrote:
Ericsson wrote:
[quote=Extraterrestrial]KPLC headed the KQ way?

"Under the directive to guide Budget preparation for the 2020/21 financial year, Mr Yatani said that the Treasury will review the financial health of all parastatals and corporations for possible folding up, merging or restructuring, pointing to an uncertain future ahead for the entities."

https://www.businessdail...buKOpxMhrUGs8_lvtmU6VAg[/quote]

Yattani is talking too much.
He needs to tone down a bit and act more


LOL! A 2013 parastatal reform report is gathering dust. Do not take this Government seriously.



Kenya power and Kengen was to be merged?


There is no implication of merger but the key word is "restructuring" and possibilities range from debt-to-equity conversion all the way to deeply dilutive events.
kawi254
#172 Posted : Thursday, February 06, 2020 8:58:37 AM
Rank: Member


Joined: 2/20/2015
Posts: 366
Location: Nairobi
January 4 2019 --> Kenya Power freeze the signing of new power purchase agreements (PPAs) indefinitely, citing financial constraints and excess capacity.

February 6, 2020 --> Kenya Power, Lamu farm sign 20-year wind electricity deal

What has changed?
Ericsson
#173 Posted : Thursday, February 06, 2020 9:48:11 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,019
Location: NAIROBI
kawi254 wrote:
January 4 2019 --> Kenya Power freeze the signing of new power purchase agreements (PPAs) indefinitely, citing financial constraints and excess capacity.

February 6, 2020 --> Kenya Power, Lamu farm sign 20-year wind electricity deal

What has changed?

The CEO
Check the directors/owners of Kenya’s Kenwind Holdings Limited.
VituVingiSana
#174 Posted : Friday, February 07, 2020 6:22:03 AM
Rank: Chief


Joined: 1/3/2007
Posts: 16,716
Location: Nairobi
Ericsson wrote:
kawi254 wrote:
January 4 2019 --> Kenya Power freeze the signing of new power purchase agreements (PPAs) indefinitely, citing financial constraints and excess capacity.

February 6, 2020 --> Kenya Power, Lamu farm sign 20-year wind electricity deal

What has changed?

The CEO
Check the directors/owners of Kenya’s Kenwind Holdings Limited.
Go ahead. Tell us.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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