The dividend cut comes at a time KenGen’s net profit marginally fell to Sh10.35 billion from Sh10.48 billion a year ago as the firm tapped its cash-generating investment assets to beef up its...
By
John Mutua
Business Reporter
Nation Media Group
Kenya Electricity Generating Company (KenGen) has cut its dividend payout by 16.7 percent with the firm instead investing more cash in its plant and equipment to bolster electricity generation to meet rising demand.
KenGen has reduced dividends to shareholders by 16.67 per cent to 75 cents per share over the financial year to June 2026, from…
KenGen says strong water levels at key hydro dams could lead to lower electricity tariffs and a stable power supply for Kenyan…
KenGen’s current 1,786 megawatts of capacity comprises 826 megawatts from hydropower, 754 megawatts from geothermal, 180…
The loan repayments by KenGen and KPA come in a year when Treasury did not allocate cash to pay guaranteed debt, exposing Kenya…
The drop in the costly thermal power coincided with a jump in electricity imports.
Stanbic Holding, which comprises Stanbic Bank Kenya, its South Sudan operations, investment bank SBG Securities and bancassurance…
