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8 items tagged "KPLC"

• August 17, 2009
• 8:58

  Twitter Week: KQ Strike and Equity Profit Dips

   » ‎ bankelele

  Tags:  KPLC  

  Twitter Week: KQ Strike and Equity Profit Dips
• February 23, 2009
• 1:47

  Property Expo

   » ‎ bankelele

  Tags:  KPLC  

  The Property & Home Living Expo 2009 was held at Sarit Center this weekend. It was rather subdued (fewer banks and exhibitors) compared to the last homes expo held in October 2008. The only banks in attendance were perennial mortgage lenders Housing Finance and (KCB) - Savings & Loan
  
  Most of the exhibitors were property agents including:
  - Knight Frank Vipingo Ridge golf villa for Kshs. 19 million, rents at Riverside Park and the (under-construction) Sameer business park
  - Villa Care
  - Regent (also the Hacienda eco-city Africa’s first eco-city, 2,3,4 flats & bungalows in Mwakirunge – north coast and (under construction) Green House a huge shop /office complex next to Adams Arcade)
  - Others were Sedco and Vidmerck
  
  Other exhibitors included a Dubai property company, the Kenya Power & Lighting Company (KPLC) who now have a stima loan for new customers to get loans through Equity Bank to pay for electricity installation/connection charges, Climacento green tech (info@climacento.co.ke) who advertise 50% savings on electricity bill through their solar water heater and Mekan Mattress experts (found at Nakumatt)
  
  
  
  
  
  
  
  
  
  
• December 14, 2008
• 22:55

  Electric Slide

   » ‎ bankelele

  Tags:  KPLC  

  Kengen: the Kenya electricity generating company will have its third AGM later this week – and while shareholders may be happy with a Kshs. 0.90 dividend they will also be asked to approve (i) 30% investment in a geothermal development company to be created by the Government of Kenya (ii) invest in a coal plant (iii) participate in other ventures – (perhaps buy into another IPP independent power producer?)
  
  The proposals to shareholders are vague and without any spending amounts attached, they should not be presented to a vote. When the Access Kenya board got shareholder authority to make other investments, they capped them at Kshs. 200 million each - this one has none, and the third proposal doesn’t even limit Kengen from investing within the energy sector so it could probably buy a sugar company or tea company (for cogeneration?) with that mandate.
  
  Anyway Kengen has undertaken a lot of geothermal work with three olkaria plants and is it really necessary for the Government with strained recourses to create another parastatal at this time? Shareholders who were also spooked by plans of a secondary listing of shares and plans to hive off a geothermal company from their assets two years ago will also not be happy to see that the plans are. still active.
  
  KPLC: The much heralded VAT reduction in electricity bills has not amounted to much. It was effected in the November power bills, but the reduction in VAT from 16% to 12% appears to only cover the fixed charge of a Kshs. 240 per meter – so the savings amount to just Kshs. 9.6 per consumer.
• September 29, 2008
• 7:42

  Bad News Bears

   » ‎ bankelele

  Tags:  KPLC  

  Bad News Bears
• April 18, 2008
• 11:22

  April 18: Mostly Equity Links

   » ‎ bankelele

  Tags:  KPLC  

  April 18: Mostly Equity Links
• March 03, 2008
• 7:36

  Wanted

   » ‎ bankelele

  Tags:  KPLC  

  Savings A/C
  I wanna be with “_____ Bank” but KCB need not apply
  I want a savings account- that has no ledger fees, no monthly fees, or EFT fees, that has a reasonable minimum balance and sends statements out frequently. I want a savings account that emphasizes savings, not fees. Short-listed banks include ABC, Barclays, Consolidated, Equity, Stanbic, and Standard Chartered. Any other suggestions or referrals?
  
  Kenol shareholder
  I’d like a Kenol shareholder to volunteer and write up an account of the company’s AGM this coming Friday. Full credit will be given.
  
  E-bill
  Ever since their MD looked like he was about to leave, Kenya Power & Lighting Company’s revolutionary system of billing (by SMS or e-mail) have stopped. I have yet to see my bill and fear a power cut soon as this company is quick to cut of subscribers who default. I’ll pre-pay an estimated amount tomorrow just in case – to avoid the cut & expensive time-consuming reconnection hassle.
  
  Explanations
  Why this and Why that? - Or is it business as usual?

• August 06, 2007
• 5:47

  Large bills and poor supply

   » ‎ Kenya Imagine

  Tags:  KPLC  

  Rebecca Wanjiku on Kenya Power and Lighting Company.
  
  Privatisation we were promised, would assure us better service and even help bring costs down. It has shown few signs of doing that. KPLC, let us share in the light.
  
  Read more here.

• June 03, 2007
• 4:28

  KPLC unbundled

   » ‎ bankelele

  Tags:  KPLC  

  A new company will be spun off from the Kenya Power and Lighting Company once PricewaterhouseCoopers complete a review and formulate a balance sheet for the new transmission company.
  
  RVR shutdown: Kenya Ports Authority has ended a contract with Rift Valley Railways for non performance. What ails the company that has invested so much in new trains? Well the actual railway is still run by Kenya railways who have not seen any significant investment in years (but who have just advertised for a new MD)
  
  Other Madaraka Jobs
  most from the papers
  
  Aureos Kenya a private equity funds is seeking investment professionals. Apply by
  20/6 the managing partner at 43233-00100 Nairobi.
  
  British airways: Trade sales manager east Africa, Corporate sales manager East Africa. Apply to hcapjobs@wananchi.com by 8/6
  
  Investment Research Consultants at Kaimana Consulting to evaluate investment opportunities in the emerging markets of Eastern Africa. Apply to jobs@kaimanaconsulting.com.