KBL plans to generate own power

KBL plans to generate own power

PROFITABLE: East Africa Breweries is among the bluechip companies listed at the Nairobi Securities Exchange.Photo/File Kenya Breweries and East Africa Maltings want to generate electricity to backup supply by Kenya Power, joining manufacturers seeking independent energy sources. in a notice, the two subsidiaries of East Africa Breweries Limited said they intend to set up renewable […]

Junk assets: The State firms that are more debt than alive

Junk assets: The State firms that are more debt than alive

After helping Kenya Airways secure close to Sh80 billion in loans, the government received only Sh1 million in director fees from the cash-strapped airline in the last financial year. But this lopsided relationship is not only with the national carrier, whose financial woes were aggravated by the Covid-19 pandemic. In the 2019-20 financial year, taxpayers’ […]

Junk assets: The State firms that are more debt than alive

Junk assets: The State firms that are more debt than alive

After helping Kenya Airways secure close to Sh80 billion in loans, the government received only Sh1 million in director fees from the cash-strapped airline in the last financial year. But this lopsided relationship is not only with the national carrier, whose financial woes were aggravated by the Covid-19 pandemic. In the 2019-20 financial year, taxpayers’ […]

Junk assets: The State firms that are more debt than alive

Junk assets: The State firms that are more debt than alive

After helping Kenya Airways secure close to Sh80 billion in loans, the government received only Sh1 million in director fees from the cash-strapped airline in the last financial year. But this lopsided relationship is not only with the national carrier, whose financial woes were aggravated by the Covid-19 pandemic. In the 2019-20 financial year, taxpayers’ […]

Junk assets: The State firms that are more debt than alive

Junk assets: The State firms that are more debt than alive

After helping Kenya Airways secure close to Sh80 billion in loans, the government received only Sh1 million in director fees from the cash-strapped airline in the last financial year. But this lopsided relationship is not only with the national carrier, whose financial woes were aggravated by the Covid-19 pandemic. In the 2019-20 financial year, taxpayers’ […]

Junk assets: The State firms that are more debt than alive

Junk assets: The State firms that are more debt than alive

After helping Kenya Airways secure close to Sh80 billion in loans, the government received only Sh1 million in director fees from the cash-strapped airline in the last financial year. But this lopsided relationship is not only with the national carrier, whose financial woes were aggravated by the Covid-19 pandemic. In the 2019-20 financial year, taxpayers’ […]

Junk assets: The State firms that are more debt than alive

Junk assets: The State firms that are more debt than alive

After helping Kenya Airways secure close to Sh80 billion in loans, the government received only Sh1 million in director fees from the cash-strapped airline in the last financial year. But this lopsided relationship is not only with the national carrier, whose financial woes were aggravated by the Covid-19 pandemic. In the 2019-20 financial year, taxpayers’ […]