Category: KenGen
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KenGen doubles dividend payout after 35pc profit rise to Sh7bn
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Electricity generating company KenGen has doubled its dividend to Sh0.65 per share after recording a significant increase in net profit for the year ending June 2024. The company made a profit after tax of Sh6.79 billion for the period, up 35.5 per cent from the Sh5.01 billion it made in…
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KenGen doubles dividend payout after 35pc profit rise to Sh7bn
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Electricity generating company KenGen has doubled its dividend to Sh0.65 per share after recording a significant increase in net profit for the year ending June 2024. The company made a profit after tax of Sh6.79 billion for the period, up 35.5 per cent from the Sh5.01 billion it made in…
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KenGen ordered to pay Sh10 million for farms destroyed by oil spill
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A court has ordered Kenya Electricity Generating Company Limited (KenGen) to pay Sh10 million to some farmers whose farmlands along the Tana River were damaged by oil leakage from its power plant during the rainy season. The Garissa Environment and Land Court ordered Kingen, under the supervision of the Garissa…