KenGen half year profit down by 38 per cent to Ksh.5.1 billion

By Kepha Muiruri,

Electricity generating firm KenGen has reported a 37.8 per cent profit decline in six months of operations to December 31, 2020 with earnings falling ...

kengen

Kenya Power half-year profit sinks by 80% on bloated financing costs

By Kepha Muiruri,

Utility Company Kenya Power has seen its half year earnings across six months to December 31, 2020 slump by 80.1 per cent to Ksh.138 million from Ksh....

KENYA POWER

From 64 branches to just 5: Retailer Tuskys nears its last breath

By Kepha Muiruri,

Troubled retailer Tuskys is nearing its last breath with its branch count having fallen to just five from a high of 64 in a little over 12 months. ...

liquidation , nakumatt , Tuskys

OPINION: COVID likely to spur housing boom in counties neighbouring Nairobi

By Guest Writer,

By Jeremy Gitonga In a recent interview with Citizen TV’s Yvonne Okwara, Unity Homes Executive Director John Latham revealed that the Covid-19 p...

Housing

OPINION: Private energy generators hold the key to cheaper electricity in Kenya

By Guest Writer,

By Jeremy Gitonga The raging debate on why more Kenyans are embracing alternative energy sources to escape the Kenya Power Limited high tariffs is ...

energy

EPRA denies approving Kenya Power tariff hike

By Kepha Muiruri,

The Energy Petroleum and Regulatory Authority (EPRA) has denied approving higher electricity prices by giving the nod to Kenya Power to raise its reta...

EPRA , KENYA POWER , Pavel Oimeke

Kenya Power, KenGen delay financial results

By Kepha Muiruri,

Electricity distributor Kenya Power and power producer KenGen have delayed the release of their financial results for the year ended June 30, 2020 whi...

kengen , KENYA POWER

Ksh.500M released for 14 counties in off-grid solar project

By Citizen Reporter,

Residents from 14 counties will now have access to solar and clean cooking products following the release of Ksh. 500million from the Kenya Off-Grid S...

Kenya Off-Grid Solar Access Project , Keter

OPINION: Modern warehouses could boost food security in Kenya

By Guest Writer,

By Jeremy Gitonga A recent announcement by a warehousing firm of plans to spend over Ksh.7 billion in storage facilities in Kenya points to th...

Cold Solutions , Tatu City

Kenya Power issues profit warning, blames COVID-19

By Kepha Muiruri,

Electricity distributor Kenya Power has issued a warning indicating its earnings for the year closing on June 30 will be lower than those previously r...

KENYA POWER

Could coronavirus shut Wall Street? Banks begin moving staff out

By CNN,

US stock markets were halted briefly Monday as a record fall in oil prices and fears of the coronavirus triggered panic selling. But the epidemic p...

coronavirus

KenGen half year earnings double to Ksh.8.2B, growth flat in full year

By Kepha Muiruri,

Electricity generating firm KenGen has announced the doubling of earnings in six months to December 31 to Ksh.8.2 billion in Friday’s dual disclosur...

kengen , miano

High costs return to haunt Kenya Power in 92pc profit wipe out

By Kepha Muiruri,

Kenya Power has announced a 92.1 per cent profit narrowing in the year to June 30, 2019 to Ksh.262 million in a delayed relay of its unaudited results...

KENYA POWER

Kenya Power announces expected drop in profits

By Kepha Muiruri,

Kenya Power has announced an expected drop in its net earnings for the financial year ended June 30, 2019. In a public notice issued on Thursday, K...

Kenya Power says estimation of electricity bills to reduce with new meter reading plan

By Kepha Muiruri,

Kenya Power is seeking to improve its meter reading coverage to 90 percent to minimize complaints related to the estimation of bills. The move sits...

KENYA POWER , power bills

Opinion: Kenya Power in renewed focus on operational and technical efficiency

By Citizen,

By Eng. Jared Othieno The last few months have thrust Kenya Power into the public limelight on several occasions with a series of misinformed accou...

Jared Othieno , KENYA POWER

Corruption, payment delays stifle Kenyan manufacturers – survey

By Reuters,

Kenyan manufacturers are largely operating below capacity and say economic growth prospects are dim due to a cash crunch, drought and corruption, a su...

corruption , Kenyan manufacturers

Kenya Power announces power outages across the country from tomorrow

By Wangui Ngechu,

The Kenya Power Company has announced interruption in electricity supply across the country beginning tomorrow. In a statement to newsrooms, the co...

kenya power company

Kenya Power half year net profit dips again

By Citizen Reporter,

Kenya Power has recorded Ksh.2.5billion in net profit for the half year period to December 31, 2018. This is a 16percent drop as compared to Ksh.2....

Ben Chumo , Kenya Power Corruption case

Kenya Power gets tough on late bill payers after profit plunges

By Reuters,

Kenya Power Co said on Friday it will be much tougher on chasing unpaid bills after its provisions for bad debts surged in the financial year through ...