Kenya Power owns and operates most of the electricity transmission and distribution system in the country. The company’s customer base stood at over 7.5 million as at the end of June 2020. Kenya Power and Lighting Company PLC (Kenya Power) has partnered with Safaricom to enable its customers pay for electricity through Bonga Points. Through […]
Eng. Elizabeth Rogo’s appointment is yet another demonstration of her ability to build consensus around key energy issues in Kenya and East Africa. Image Credit: Flicker Eng. Elizabeth Rogo , Founder & CEO of TSAVO Oilfield Services and President for East Africa at the African Energy Chamber (EnergyChamber.org) has been appointed Non-Executive Director on the […]
An increase in demand for electricity by other countries has significantly contributed to the resumption of Uganda’s total power demand. Data from Uganda Electricity Transmission Company Limited (UETCL), indicates that the increase in power demand from exports was slightly higher than in the domestic market. System power demand, which is a total of domestic demand […]
GAKUNGA, Kenya (Thomson Reuters Foundation) – When Lucyline Wanja Silas installed a 12-volt solar power unit at her home to help her children study at night, little did she know it would become essential to her and her neighbours in Gakunga village, central Kenya, during the coronavirus pandemic. Wanja, a 48-year-old farm worker, said she […]
The top gainer of the day at the Nairobi Securities Exchange (NSE) on Wednesday was Longhorn Publishers with 8.41 percent at the price of 4.90 shillings per share. Sanlam Kenya was the top second gainer of the day with 7.69 percent at the price of 14.00 shillings per share followed by Standard Group with 6.90 […]
The top loser of the day on Tuesday at the Nairobi Securities Exchange (NSE) was the Standard Group. The company lost 9.84 percent at the price of 22.45 shillings per share. Eveready East Africa was the second top loser with 7.48 percent at the price of 0.99 shillings per share followed by Sanlam Kenya with […]
• Kenya Power last month said it expects its full year earnings to drop by at least 25 percent, a sixteen year low performance. •It attributed this to the impact of the Covid-19 restrictions which has led to a major drop in industrial and commercial power demand. KPLC workers replacing vandalized transformers in Kitale.photo/NICHOLAS WAMALWA. […]
Kenya power workers fixing electricity supply lines Former Nandi Women Representative Zipporah Kering is among five directors who have tendered their resignations as independent directors of Kenya Power . In a notice on Monday, July 13, the power supply company announced that Kering together with four other directors, Adil Khawaja, Kairo Thuo, Wilson Kimutai Mugung’ei […]
– In June, KPLC said it expected its full year earnings to drop by 25% due to the impact of COVID-19 on its sales, which led to drop of industrial and commercial power demand – The company’s net profits were expected to decrease from the KSh 262 million it posted in 2019 to KSh 196 […]
Image: djsudermann, pixabay New Kenya Cooperative Creameries finalized the preliminary phase of a tender this week to purchase electricity from a solar facility that will be built at its new KCC Sotik Factory. Kenya’s largest dairy producer will buy power from a project featuring both ground-mounted and rooftop PV arrays. The selected developer will finance, […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.