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COVID-19 has had a significant impact on the World and its economy. For Kenya Power, it has resulted in critical questions being asked around its financial performance. This is following recent headlines stating that the utility company is looking to get out of Power Purchase Agreements (PPAs) through the force majeure clause and further declaring …
Caps on revenue flows to county government are unlikely to be hit. The Final Investment Decision (FID) projected for 2019 is likely to be for over 600 million barrels, not the “Foundation Stage”. A 20% participation of National Oil Company NOCK will not yield extra profits until the 2030s
Government take is in the low 60s% under most scenarios. Pipeline and grade of oil are key elements in – and the economics of the project are still not locked in.
Stewardship is defined by Merriam-Webster as the conducting, supervising or managing of something; especially: the careful and responsible management of something entrusted to one’s care. I travelled to Kigali last month for some meetings. I walked up to the counter at the airport and the Immigration Officer greeted me with a smile and welcomed me …
‘Education is key to personal development and the future of societies. It unlocks opportunities and narrows inequalities. It is the bedrock of informed, tolerant societies, and a primary driver of sustainable development. The COVID-19 pandemic has led to the largest education disruption ever. We are at a defining moment for the world’s children and young …
Every entrepreneur’s goal is to provide a solution to society by providing goods or services which are differentiated and which solve a specific problem. Such action assumes the business will remain a going concern. Along the journey of the business, poor economic conditions or poor management decisions affect the business resulting in its inability to …
My earliest memories of a chama include food in plenty and loud laughter followed by hushed tones in serious conversation. My mother and her lady friends have met consistently once a month for over 27 years. They are my “aunties”, the ones with no familial relation, every African has some. But a chama is so …
