This has helped the pension fund to meet prescribed investment thresholds.
By
Patrick Alushula
Business Reporter
Nation Media Group
The Kenya Electricity Generating Company (KenGen) has acquired two office properties from its staff pension scheme for Sh1.92 billion, helping the fund meet prescribed investment thresholds.
KenGen is betting on direct sale of electricity at prices lower than the retail tariff, as one of the incentives to attract…
The loan repayments by KenGen and KPA come in a year when Treasury did not allocate cash to pay guaranteed debt, exposing Kenya…
KenGen has announced plans to pump an extra 5,500 Mega Watts of electricity into the national grid to deal with the rising demand…
Kenya could unlock more than Sh209 billion from pension savings for private equity and business growth by reducing overreliance…
'The pivot by the firm to raise funds domestically will help local pension funds in diversifying their portfolios.'
KenGen’s current 1,786 megawatts of capacity comprises 826 megawatts from hydropower, 754 megawatts from geothermal, 180…
