Kenya Electricity Generating Company Limited (KenGen), the leading electric power generation company in Kenya, is still in free fall despite having a great cash generating ability. It produces 80 percent of electricity consumed in the country. Its not even a cost of production issue as it is largely in hydro, geothermal, thermal and wind.
Friday, 24 October 2008
Kengen falls another 7%
Kenya Electricity Generating Company Limited (KenGen), the leading electric power generation company in Kenya, is still in free fall despite having a great cash generating ability. It produces 80 percent of electricity consumed in the country. Its not even a cost of production issue as it is largely in hydro, geothermal, thermal and wind.
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