American water solutions provider Xylem has set up an office in Nairobi with eyes on state and commercial projects in East Africa. Nairobi is the second hub after Johannesburg, South Africa, in the continent, with plans to set up others in Egypt and Morrocco. Xylem said the local office will support its projects in Tanzania, […]
Kenya Power staff repairing the Loyangalani-Suswa power-line, December 2021. [Antony Gitonga, Standard] Kenya Power wants to let go of 1,962 workers in what the utility firm says is meant to manage staff costs, which have “increased to unsustainable levels.” But a look at its financial books shows the move is not a magic wand to […]
A former investment manager with the National Social Security Fund, Francis Moturi, has been found guilty of fraud and slapped with Sh2.6 billion fine or 14 years in prison. Moturi had been convicted for defrauding NSSF Sh1.2 billion through a collapsed stockbroker in 2008. The pensioners fund is said to have lost an estimated Sh5.5 […]
Report Summary: The report titled “ Power Generation Market ” offers a primary overview of the Power Generation industry covering different product definitions, classifications, and participants in the industry chain structure. The quantitative and qualitative analysis is provided for the global Power Generation market considering competitive landscape, development trends, and key critical success factors (CSFs) […]
NAIROBI, Jan 11 (Reuters) – Power supply has been restored in all parts of Kenya, which earlier experienced a nationwide outage after a high voltage transmission line connecting the capital broke, state-controlled utility Kenya Power said on Tuesday. Kenya Power reported a blackout occurred at 0745 GMT, after towers supporting a high voltage power line […]
Kenya Power Acting Managing Director Rosemary Oduor says the govt is looking to make it easier for individuals who want to buy electric vehicles. /CFM NAIROBI, Kenya Jan 21 – Kenya Power says plans are in top gear to have the country move into an all-electric vehicle space. The utility firm’s Acting Managing Director Rosemary […]
High-voltage electrical pylons on the outskirts of Kenya’s capital Nairobi. Three senior managers at state-controlled electricity distributor Kenya Power were on Wednesday charged with sabotage and negligence over a nationwide power outage earlier this month, court documents showed. The case is the first time individuals in the east African nation have been charged over a […]
The Capital Markets Authority (CMA) has clarified that listed companies must issue a profit warning beforehand if they expect that their full-year net income will drop by at least 25 percent. The regulator says in a new circular that the notices will be based on the projected earnings after tax, improving on a 2016 directive […]
“ Global Geothermal Power Generation Market research report inspects global and regional markets prospects in a systematic framework. Global Geothermal Power Generation Market study takes a deep dive into the field’s implementations, classifications, meanings, manufacturing situation, development plans and initiatives, cost information and the framework of the supply chain. Latest industry survey presented to global […]
•Kenya Power spent a total of Sh93.9 billion on fuel and non-fuel produced power in the year ended June 30. •Last week, Energy CS Monica Juma said the government is in the final stages for the official engagement with each of the IPPs in a bid to cut the cost of power. Kenya’s thermal power […]
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