In November 2021, Kenya’s electricity demand hit an all time high of 2036 MW, the highest ever recorded in history from a record low 1,661MW in April 2020 at the height of the Covid 19 pandemic. After 7 months, a new high of 2051 MW was recorded. As per the laws of demand and supply, […]
KenGen is a state parastatal that is full of nepotism and tribalism. Many a time, those that have submitted their request for employment narrate how they’ve reached in the final interview process but none got the job. This is because most of the hiring is done on ‘who you know’ basis. The interviews are usually […]
Electricity generating company KenGen has defended its stock of idle assets which were highlighted in an audit of its books for the year ended June by the Office of the Auditor General (OAG). In response to the disclosures, KenGen says idle geothermal wells valued at Ksh.79.3 billion are to be incorporated into future power generation […]
The state appears to be uncomfortable with parastatals engaging international consultancy firms in matters auditing and realignments. Parliament has directed Auditor-General Nancy Gathungu to order all parastatals under the Ministry of Energy including Kenya Power and KenGen to stop hiring private auditing firms. The National Assembly raised the red flag that State corporations under the […]
Kenya Electricity Generating Company PLC (KenGen) posted a 7 percent growth in Profit Before Tax after recording a Ksh.14.76 billion profit up from Shs 13.79 billion profit in its full-year Financial Results for the financial year ended 30th June 2021. In a statement, the firm’s Managing Director Rebecca Miano said the profit growth was achieved […]
DCI sleuths have officially started investigations into an alleged postpaid billing fraud at Kenya Power. On 27th of June, DCI had summoned 200 Kenya Power staff and customers summoned to record their statements at its headquarters. According to DCI director George Kinoti, millions of monies were lost through a collusion between the staff, brokers and […]
