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Thursday, January 21, 2021
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    KenGen wins against former staff

    KenGen wins against former staff

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    Edwin Sifuna Mocks ODM Party Leader

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  • Home
  • News
    KenGen wins against former staff

    KenGen wins against former staff

    Raila Boxed Out? 62 Out Of 85 MCAs Approve Mike Sonko’s Impeachment

    Edwin Sifuna Mocks ODM Party Leader

    Former Minister Simeon Nyachae Dies

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    Extradition: Triton Scandal mastermind to face charges in Kenya

    Extradition: Triton Scandal mastermind to face charges in Kenya

    ICC

    Kenyan lawyer Paul Gicheru in trouble at ICC

    Coop Bank Among Kenya’s Top Lenders After Regaining Third Spot

    Co-operative Bank Secures Sh8.25B From IFC To Boost MSME

    Detectives from the Directorate of Criminal Investigations-DCI have arrested Mombasa law courts principal Magistrate and three Court officials for mishandling of exhibits.

    KDF Seargent Attempts to Blow his Ex-wife’s Family

    Robbers gunned down in a shoot out with police

    Attempted Robbery on Milima Road, Hardy

  • Business
    Power producer invites proposals for provision of ancillary services

    Power producer invites proposals for provision of ancillary services

    Coop Bank Among Kenya’s Top Lenders After Regaining Third Spot

    Co-operative Bank Secures Sh8.25B From IFC To Boost MSME

    KQ gets nod to turn Dreamliners into cargo carriers

    CEO Allan Kilavuka Announces Another Blow to KQ Workers

    KenGen

    Excellence: KenGen to Complete Sh300 Million Project 60 Days Before Schedule

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    World Bank Skips Kenya as it Invests Sh547 Billion in Africa

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    IATA Suspends Don Smith’s Fly 540

    IATA Suspends Don Smith’s Fly 540

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  • Entertainment
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    Kenya’s Top DJ Quits from Chris Kirubi’s Struggling Capital FM

    Video: Famous Kilimani Instagram Socialite Dies

    Video: Famous Kilimani Instagram Socialite Dies

    Video: Why Diamond’s Wasafi TV Has Been Shut Down

    Video: Why Diamond’s Wasafi TV Has Been Shut Down

    Rehabilitating Churchil Show Comedian Loses a Father

    Rehabilitating Churchil Show Comedian Loses a Father

    Njugush’s son Tugi wins YouTube award

    Njugush’s son Tugi wins YouTube award

    Victoria Rubadiri pens heartwarming message for her mother

    Victoria Rubadiri pens heartwarming message for her mother

    Frankie, Corazon Kwamboka unveil son’s face for the first time 

    Frankie, Corazon Kwamboka unveil son’s face for the first time 

    Ex-Milele FM radio presenter Alibaba makes radio comeback

    Ex-Milele FM radio presenter Alibaba makes radio comeback

    Churchill show comedian reveals how he wasted Sh3.5 million on parties, alcohol

    Churchill show comedian reveals how he wasted Sh3.5 million on parties, alcohol

  • Lifestyle
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    Do You Want to Know what a Scam is? Blogger Cyprian Nyakundi Explains

    How DP Ruto marked birthday, wedding anniversary

    How DP Ruto marked birthday, wedding anniversary

    Billionaire Chris Kirubi shares photo of his own lake; Lake Kirubi 

    Billionaire Chris Kirubi shares photo of his own lake; Lake Kirubi 

    Gay

    Video: Kisumu’s Polyview Estate Gays Fighting Over Another Man

    Nyakundi

    GScroll: Blogger Nyakundi Speaks About Uhuru’s Hand in Mambo Mbotela’s Troubles

    Chicken

    Photos: Twitter Goes Berserk after a Lady Asks for a Black Chicken Recipe

    Blogger Nyakundi on Kabi Wa Jesus And The Hypocrisy Of Middle Class

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    DP Ruto’s birthday message to Uhuru elicits mixed reactions

    DP Ruto’s birthday message to Uhuru elicits mixed reactions

    Wow: Central Bank Governor narrates a story that leaves Netizens begging for more

  • Politics
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    Will Kiambu Governor Survive the Latest Expose?

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    Ruto

    Bishop Margaret Wanjiru to Push UDA’s Wheelbarrow in Nairobi County

    Sonko

    Meet Jane Weru, Who Uhuru’s Sister Christina Pratt wanted to Deputize Sonko

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    Here’s Why Waititu is Suing Chebukati

    How George Wainaina is using KANU to sanitize corrupt political associates

    How George Wainaina is using KANU to sanitize corrupt political associates

    45 Ford Kenya delegates okay Mr Kalasinga for Kabuchai MP seat

    45 Ford Kenya delegates okay Mr Kalasinga for Kabuchai MP seat

  • Sports
    Lewis Hamilton tests positive for coronavirus

    Lewis Hamilton tests positive for coronavirus

    Funeral worker who took selfie with Maradona’s body begs for forgiveness

    Funeral worker who took selfie with Maradona’s body begs for forgiveness

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    Preston’s Fisher to miss three games for grabbing player’s genitals

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    Frustrated Messi is tired of taking Barcelona blames

    Leopards in bitter fight with Etoile over new signings

    Leopards in bitter fight with Etoile over new signings

    Arsenal Manager in heated war of words with Ozil’s agent

    Arsenal Manager in heated war of words with Ozil’s agent

    Matano: Gor Mahia advantaged ahead of a crucial rematch

    Matano: Gor Mahia advantaged ahead of a crucial rematch

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    Suspended Kenyan London Marathon Winner Slapped with 4-Year Ban

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  • Tech
    Twitter Purges Fake News Accounts Globally

    Video: Legal, Policy and Trust Lead at Twitter Vijaya Gadde Details Political Censorship on a Global Scale

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    Kenyan Companies Warned by Cybersecurity Firm Kaspersky

    Kenyan Companies Warned by Cybersecurity Firm Kaspersky

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    Apple finally unveils iPhone 12 with 5G connectivity

    World Bank Blacklists Kenyan IT Firm

    World Bank Blacklists Kenyan IT Firm

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  • World
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    Kenyan lawyer Paul Gicheru in trouble at ICC

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    Corrupt Foundation under probe in the USA

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How Uhuru Coerced KPLC Board to Resign

Dokta Wanz by Dokta Wanz
July 14, 2020
in Business
3 min read
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Yester-evening, Kenya Power and Lighting Company (KPLC) Board of management members were coerced to resign as a new one is set to be constituted.

Sources privy to States dealings who spoke to Kenyan Bulletin said the KPLC board members were asked by President Uhuru Kenyatta to tender their resignation.

A new board is expected to be constituted by the end of the month to fill the void left by the outgoing board.

The board consists of the chairman Mr Mahboub Maalim who was appointed in 2018, Mrs Brenda Kokoi, Mr Kairo Thuo, Mr Wilson Mugung’ei, Mr Adil Khawaja, Mrs Beatrice Gathirwa and Eng Isaac Kiva.

Others who have been kicked out include Zipporah Kering and Imelda Bore.

In a statement, Kenya Power announced that the board members had resigned, without stating the reasons.

“The Board of Directors of the Kenya Power and Lighting Company PLC hereby announces the resignation of Mr. Adil Khawaja, Mr. Kairo Thuo, Mr. Wilson Kimutai Mugung’ei, Mrs. Brenda Kokoi and Hon. Zipporah Kering as Independent Directors.  The Company would like to sincerely thank the Directors for their commitment and dedicated service, and wishes them the best in their future endeavours,” announced Kenya Power.

Kenya Power last month said it expects its full-year earnings to drop by at least 25 per cent, a sixteen-year low performance.

“The Covid-19 pandemic has adversely affected our business operations leading to slow growth in electricity sales and an increase in financing costs resulting in reduced earnings,” Company Secretary Imelda Bore said in a notice.

KPLC, the sole power distributor in the country has been experiencing allegations of corruption and reducing profits for the last three years,

In February this year, the Public Procurement Administrative Review Board (PPARB) cancelled a Ksh4 billion Kenya Power Last Mile Connectivity contract, terming it as unlawful.

The project was funded by the French Development Agency (Agence Française de Développement) for the construction of substations and power lines.

However, local contractors were left out on technicalities, forcing them to launch a complaint with PPARB accusing the sole power distributor of favouring moneyed foreign firms including Chinese contractors.

In June Last year, Kenya Power’s profits after tax fell by 92 per cent from Ksh3.27 billion to Ksh262 million. The slump was attributed to the rise in non-fuel power purchase costs from Ksh52.795 billion to Ksh70.878 billion.

In July 2018, the then Kenya Power managing director Dr Ken Tarus was unceremoniously ousted over corruption allegations. His arrest and ouster was opposed by the current Energy Cabinet Secretary Charles Keter.

Kenya Power is 50.1% owned by the Government of Kenya and is the sole retail distributor of power in the country.

The company has been on a downward path regarding its profitability, mostly attributed to corruption and poor management.

In 2018, the company issued a profit warning before posting a 63.7 per cent drop in net profit to Ksh1.92 billion, a scenario that was repeated in 2019.

In the same year, Kenya Electricity Generating Company (KenGen) was demanding Ksh1 billion in penalties for flouting the 40-day window credit terms.

Do you also remember Mama Ngina Kenyatta, President Uhuru’s mother was named the top investor in the State-owned firm KPLC with over 2.2 million shares?

Mama Ngina listed top investor at Kenya Power with 2.2 million shares https://t.co/uKDj06Rorr Deputy President Ruto owns the company supplying concrete poles to Kenya Power.KPLC is cutting down functioning,wooden poles and replacing them with concrete poles. Tenderpreneurship

— Boniface Mwangi (@bonifacemwangi) January 4, 2018

KPLC
Image courtesy of |Gado

In January 2018, The #SwitchOffKPLC campaign that started on Twitter and spread through wider social media spaces unleashed an unprecedented and massive outcry against KPLC following nine consecutive months of shocking and fraudulent fleecing of electricity consumers.

WaKenya: We told you about Kairu Thuo & Adil Khawaja @Dentons who were, in addition to extreme conflict of interest, Apollo Mboya's handlers.https://t.co/zVmh2nKIzG

The Pressure is REAL & thieves must fall. Sh150B+ stolen from @KenyaPower. OUR MONEY!

(thread)#SwitchOffKPLC pic.twitter.com/pTQsTk0NE5

— #HumanityKe (@JerotichSeii) July 13, 2020

In June 2019, the Directorate of Criminal Investigations (DCI) summoned 204 individuals and directors of certain companies to record statements concerning fraudulent Kenya Power billing system for post-paid customers.

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Tags: adil khawajaBrenda KokoiKairo ThuoKenya PowerKPLCPresident Uhuru KenyattaWilson Kimutai Mugung’eiZipporah Kering
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