Presentation is loading. Please wait.

Presentation is loading. Please wait.

KenGen Media Report 16th – 17th February 2015.

Similar presentations


Presentation on theme: "KenGen Media Report 16th – 17th February 2015."— Presentation transcript:

1 KenGen Media Report 16th – 17th February 2015

2 Business Daily 16th February 2015 Page 2 Summary: Rwanda President Paul Kagame will on Thursday switch on the injection of 280 megawatts of geothermal power into the grid from KenGen's Olkaria plant.

3 Taifa Leo 16th February 2015 Page 9 Summary: Government institutions are owning ware companies Sh2.1 million debts as KenGen is being urged to pay Sh458 million to the same water companies.

4 The Standard 16th February 2015 Page 10 Summary: "The Nairobi Water Board owes WRMA Sh 77 million while KenGen is servicing a Sh 458 million water bill."

5 Business Daily 17th February 2015 Page 19 Summary: The Kenya Roads Board plans to float the region's first asset-backed Sh50 billion infrastructure bond in second half of this year. Ketraco had in 2013 planned to use assets-backed securities to raise funds to finance its geothermal expansion plans.

6 The Star 17th February 2015 Page 13 Summary: Electricity consumers are unlikely to enjoy further drops in their bills until the inset of long rains that is expected to boost the share of cheaper hydropower to the national grid.

7 Business Daily 17th February 2015 Page 6 Summary: Water Resource management authority has locked horns with state farms firms over unpaid water bills that has made the development of water projects difficult. KenGen and water boards top the list of defaulters.

8 Daily Nation 17th February 2015 Page 36 Summary: Failure by parastals and regional water boards to clear outstanding bills have stalled efforts to provide piped water to consumers.

9 Daily Nation 17th February 2015 Page C6 Summary: Construction of the 35km bridge in Nyali, Mombasa is scheduled to start next year with cocmpeltion date set for Audit firm Deloitte East Africa is doing feasibility study of the Sh9 billion project. Other infrastructure deals Deloittte is looking to engage in are the Lapsset corridor, expansion of Mombasa-Nairobi highway, geothermal energy projects, hydro-electric dam projects, commuter rail service and port development in Mombasa.

10 The People Daily 17th February 2015 Page 25 Summary: Geothermal power generation rose three-fold to help the country escape risk of pushing manufacturers and households into power rationing following three seasons of low rainfall over the last one year.

11 The People Daily 17th February 2015 Page 24 Summary: WARMA has stated that water boards owe it Sh2.1 billion with KenGen being among the to defaulters.

12 The Standard 17th February 2015 Page 29 Summary: Kenya stands to save about Sh2.2 billion monthly.This is as the country shifts the bulk of it's power generation towards renewable energy, cutting reliance on traditional hydro-power electric power generation.

13 The Star 17th February 2015 Page 38 Summary: Construction of the 140mw Olkaria geothermal project is expected to kick off by the end of the year and the procurement process is on, KenGen announced yesterday.

14 Electronic Coverage Radio DATE PUBLICATION TITLE PAGE AVE VALUE
PR VALUE SUMMARY 16-Feb-15 East FM KenGen to inject 140MW to national grid 18:40 10670 53350 KenGen will on Thursday inject the final 140MW of the 280MW Ol Karia Geothermal Power onto the national grid. Hope FM Parliamentary Committee dismiss land sold to KenGen 18:01 20500 102500 The Parliamentary Committee on land termed illegal sale of part of the controversial Ngati Land in Naivasha to KenGen saying farmers were not consulted.

15 Electronic Coverage TV DATE PUBLICATION TITLE PAGE AVE VALUE PR VALUE
SUMMARY 16-Feb-15 CNBC Interview: KenGen to commission 140MW this week 17:00 486270 KenGen is planning to commission 140MW into the national grid. This will be the final phase of the 280MW installation. KenGen to commission 140MW this week 135330 676650 KenGen is set to commission 140MW this week in efforts to uplift the country;s power distribution systems. Good News Broadcasting Services KenGen to unveil Olkaria power project 21:00 175480 877400 KenGen will on Thursday unveil the fourth and fifth Olkaria unit power projects which is aimed at stabilizing power in the nation. KenGen to upgrade country's power systems 19:00 131950 659750 KenGen is set to upgrade the country's power systems by launching the 140MW of electricity. K24 Cost of electricity reduced 197170 985850 KenGen has reduced the cost of electricity owing to a sharp rise in geothermal power production. 234000 KBC Channel 1 KenGen to float a right issue to fund Geothermal plant 570630 KenGen plans to float a right issue mid this year to raise an undisclosed cash to fund new Geothermal Project KenGen to sell shares to construct Olkaria 5 plant 150040 750200 KenGen Company is set to sell its shares in-order to fund the construction of Olkaria 5 plant which will produce 140MW.

16 Industry Stories Print Coverage DATE PUBLICATION TITLE PAGE AVE VALUE
PR VALUE SUMMARY 16-Feb-15 Business Daily VIEWS FROM ABROAD: A thirsty future beckons 14 12600 63,000 South Africa is in the midst of water crisis, with worse to come unless the government puts money and political will where its mouth is. Pressure piles on African miners as falling prices, rising taxes hit profits 18 198000 990,000 Against a background of crashing commodity prices, mining in Africa is facing increasing pressure as governments struggle over distribution of the mineral wealth buried under much of the continent. Kenya Power in Sh2.2bn Juja station upgrade after 50 years 19 108000 540,000 Kenya Power has awarded Swiss company Sh2.2 billion contract for the first upgrade of the 50-year-old Juja substation. Index to companies 2 30600 153,000 Some of the notable companies listed include KMC, NHIF, Kentraco, Safaricom, Liquid Telecom, Stanlid, NSE, GM, Apple and KTDA. Boost for Kenyan exploration as Africa Oil raises Sh11.4bn 20 81000 405,000 Canadian Oil and gas Explorer Africa Oil has managed to raise Sh11.4 billion in a rare show of confidence in Kenyan blocks at a time of drastic crude price falls.Africa Oil and Tullow Oil will drill four in South Lokichar with a possibility of extending to the Cheptuket well in Kerio Valley.American exploration firms ERHC and Camac Energy are also going ahead with their exploration work. Odera gets board's approval for CFC Stanbic Bank top job 75600 378,000 Philip Odera is set to take the top job at CFC Stanbic Bank by the end of March as the current chief executive assumes as new responsibilities at the group level.CFC Stanbic is ranked among the six biggest banks it has been relying on its parent company to participate in energy sector such as the Kinangop Wind Power Park. Active Counters 24 7200 36,000 Safaricom,KCB,Mumias,CIC Insurance,Kenol Kobil were the most active counters. Europe's blue chips 26 135000 675,000 Barclays Bank,Total,BAT,Unilever,Diageo,Bayer appeared on the Europe's blue chips. Work on 2,000MW electricity line to end in August 7 126000 630,000 The Mombasa-Nairobi electricity transmission line is set for completion by end of August this year. Daily Nation SHORT TAKES: POWER TROUBLE 11880 59,400 The writer complain of a number of power issues including connection delay by Kenya Power Thika office.

17 Industry Stories Print Coverage DATE PUBLICATION TITLE PAGE AVE VALUE
PR VALUE SUMMARY 16-Feb-15 Daily Nation Lamu hostile to doctors, says union 16 27720 138,600 KMPDU wants Lamu County declared a hostile employer for doctors. Farmers want fuel prices to drop further this season 22 59400 297,000 Farmers have welcomed the drop in diesel prices as they prepare for the planting season. Power projects nears take-off as talks held 47520 237,600 A sh180 billion coal-powered power plant drew close to take-off after consultative meeting between Lamu County Assembly members and Amu Power Company Limited. Winner of coal mining tender set to be picked 23 71280 356,400 The winning bidder of coal mining tender in the remaining blocks will be known. PICTORIAL: Kenya Power lights up villagers 24 87120 435,600 Kenya Power MD Ben Chumo accompanied by Uasin Gishu Deputy Governor Danniel Chemmo . Residents set to get power in their homes 31680 158,400 Gichungu constituents are set to benefit from Sh6 million power supply roject. 50,000 to access solar power kit in NGO plan 25 11880 59,400 Fifty thousand families in Ganze constituency will get an opportunity to install solar power in a programme to be rolled out by an NGO. Cheap connectivity launched in slum Residents of Langas in Eldoret have a reason to smile after Kenya Power launched an affordable electricity connection project. Total opens latest station in Kitengela 30 Total Kenya has opened its 178th service station in Kenya in Kitengela town. Cofek wants energy regulator probed 31 51480 257,400 Consumers federation of Kenya has petitioned Parliament to look into affairs of Energy Regulatory Commission which it has accused of abusing its powers of fuel price control in favour of private investors.

18 Industry Stories Print Coverage DATE PUBLICATION TITLE PAGE AVE VALUE
PR VALUE SUMMARY 16-Feb-15 Daily Nation PICTORIAL: Ms Ada Aze, managing director Total Kenya... 32 23760 118,800 Ms Ada Aze, managing director Total Kenya, Alex Mutua, assistant Kajiado county Commissioner Alex Kangethe water a tree during official opening of the Total Kitengela service station. PICTORIAL: Naresh Mehta, chairman Power Technics ... Naresh Mehta, chairman Power Technics and chairman Schneider Electric Jean-Pascal Tricoire during the company's factory visit. PICTORIAL: National Oil Corporation of Kenya... National Oil Corporation of Kenya CEO Sumayya Hassan-Athmani with Lios G. Franceschi, Dean of Strathmorte University Law School. Locals demand report on survey of villages 8 13860 69,300 Residents of Lamu county have called on Lands CS Charity Ngilu to release the report of a survey conducted seven months ago in villages that could see 100,00 title deeds being issued to the community. Taifa Leo Mradi wa sola kunufaisha 6 60060 300,300 Over 50 families in Ganze constituency are set to benefit from the Sh800,000 solar power project funded by a private organization. Umeme wawaletea hasara 27720 138,600 Kwale businessmen are counting losses due to frequent power outages that renders power dependent firms unable to function. The People Daily Langas residents connected to grid 25 20000 100,000 More than 600 residents living in the sprawling Langas Estate in the outskirts of Eldoret town have a reason to smile after the Kenya Power launched an affordable power connection project.The project was presided over by Kenya Power Managing Director,Dr Ben Chumo,on Saturday. The Standard Sh14m of CDF set aside for residents' electricity 18 117840 589,200 Gichugu MP has confirmed that the constituency through CDF has set set aside fund for the installation of electricity in the area. MPs vow to trim Rotich's Budget, warn against soaring wage bill 30 242580 1,212,900 National treasury cabinet secretary Henry Rotich will tomorrow meet the budget and appropriations committee to explain the budget numbers and shed light on the additional requests that government departments have made in the Supplementary budget. BUSINESS PICTORIAL: Lake Turkana Wind Power Project Chairman 26124 130,620 Lake Turkana Wind Power Project Chairman Mugo Kibati and director Carlo Van Wageningen, hold the PFI Award 2014.

19 Industry Stories Print Coverage DATE PUBLICATION TITLE PAGE AVE VALUE
PR VALUE SUMMARY 16-Feb-15 The Standard BUSINESS PICTORIAL: Power Technics Ltd Chairman and Founder Naresh Mehta ... 32 26124 130,620 : Power Technics Ltd Chairman and Founder Naresh Mehta and Schneider Electric chairman and chief executive Jean Pacal Tricoire after th firm acquired Power Technics Ltd, in strategy aimed at increasing the multinational's footprint in East Africa and on the continent. The Star Lamu port landowners expect pay this week 12 190592 952,960 The Lamu Council of Elders wants the government to first advise beneficiaries from the port land who are set to be compensated. Kwale blackout hikes fuel prices 13 71472 357,360 Kwale town and its environs have been hit by power outages in the last four days. Lamu in Sh20m slum upgrade Lamu county is planning to launch Sh20 million slum upgrade programme to give the town a facelift before the end of the year. Chirchir is innocent, say Kericho youth 14 59560 297,800 Kericho County youth have told Cord leaders Raila Odinga to keep off Energy Cabinet Secretary Davis Chirchir. Three kids saved in Webuye fire 16 35736 178,680 Property of unknown value was on Saturday destroyed in a house fire on Motherland estate on Webuye town. Cash crunch in Mandera 18 23824 119,120 Electricity supply in Mandera county government offices has been switched off over non payment of a bill running into billions of shillings. China requires police to film all interrogations 19 China will require police to film and record all interrogations in criminal cases to ensure that the law enforcement is carried out fairly. Guns fall silent as Ukraine President orders ceasefire 357360 1,786,800 Shelling stopped abruptly at midnight on Saturday in eastern Ukrainian City of Donetsk . Jordan jails opposition number one 68494 342,470 A Jordanian court sentenced a Muslim Brotherhood senior official to 18 months in prison yesterday for criticizing UAE on social media.

20 Industry Stories Print Coverage DATE PUBLICATION TITLE PAGE AVE VALUE
PR VALUE SUMMARY 16-Feb-15 The Star Libyan oil pipeline sabotaged, gunmen storm Sirte 20 44670 223,350 Libya's National Oil Corporation urgently called on Saturday for more official protection. AFRICAN MARKETS IN 2015 38 190592 952,960 Tullow Oil chief operating officer Pail MacDade said to FT Kenya's oil exploration has become collateral damage in the oil warfare game. State accused of lip service in bid to revive tourism 285888 1,429,440 Hoteliers at the Coast have blamed the government for the continued drop in tourist arrivals in the region. Fuel prices at average 29 per cent in six months 39 160812 804,060 Oil prices in Kenya have dropped by an average 29 per cent since August 2014 when the country started benefiting from the impact of the global fuel price reductions. Pokot cement factory to produce 64MW of power 125076 625,380 The Sh12 billion proposed Pokot Cement Factory plans to generate its own power part of which will be fed into the national power grid. Kenya Power's Sh14bn project 4 26802 134,010 Kenya Power CEO Ben Chumo has said that the company will spend Sh 14billion to supply electricity to slums and other low income areas in the 47 counties. Residents will be charged a fraction of the connection fee with World Bank and Kenya Power footing the rest of the bill. GE to use new India facility as export hub 40 196548 982,740 General Electric Co will use its new manufacturing facility in India which was formally inaugurated on Saturday, as an export hub, with plans to send half of its out to the conglometric global factories. South Africa faces more power outages 29780 148,900 South African power utility Eskom on Saturday imposed Stage 2 rolling blackouts until 2000 GMT due to pressure on the national grid and the need to build up diesel reserves and water in hydropower dams. Blackouts will be a thing of the past,pledges Chumo 41 589644 2,948,220 Under the new monitoring system,Kenya Power through its own internal evaluation reveals blackouts have drastically reduced over the last one one year by over 50 percent.So efficient is the monitoring system that it can also trace the number of phone calls generated per line. Cord plots to impeach Chirchir over 'chicken' 6 223350 1,116,750 CORD, which is also planning to relauch its Okoa Kenya drive next week, is rooting for the impeachment of Energy CS Davis Chirchir over the ChickenGate scandal. IEBC officials are also caught up in the scandal, while Jubilee's position is that evidence should first be presented to EACC at Integrity Centre.

21 Industry Stories Print Coverage DATE PUBLICATION TITLE PAGE AVE VALUE
PR VALUE SUMMARY 16-Feb-15 Weekly Citizen Luanda Emuhaya constituencies roll out social development plans 12 55566 277,830 Emuhaya and Luanda constituencies have launched a five-year strategic development plan that targets security, education, health and infrastructure, some of the core areas which have been given top priority on schedule of the agenda to spur economic resuscitation and turn round the county into provision of service to residents. Claims suspended KP man uses police to harass whistlerblower 21 71344 356,720 Corruption, illegal power connection coupled with metre manipulation have now come to haunt Kenya Power Webuye sub branch. Waiguru wades into fluid Kirinyaga county political swamp with a bang 8 90552 452,760 Reports have said that devolution CS Anne Waiguru has been secretly holding meetings with anti-Ndathi forces in Kirinyaga County to make the governor irrelevant ahead of 2017. XNEWS UoN adopts renewable energy to manage costs 5 97440 487,200 UoN will tap into renewable energy to curb power bills and increase productivity. 17-Feb-15 Business Daily Nairobi landowners to cede space for Outer Ring Road expansion 1 156600 783,000 Landowners along Nairobi's Outer Ring Road will surrender seven meters of their property to Kenya Urban Roads Authority for construction of service lanes and parking kots during ongoing expansion, the National Lands Commission said yesterday. How Libya conflict, order gap spurred French Rafale combat jets sale to Egypt 345600 1,728,000 Dassault Aviation benefits from Cairo's move boost military hardware in fight against rise threat from jihadist in North Africa. Nigeria bans dollar reselling to stem speculation 14 43200 216,000 Nigeria banned banks from reselling dollars. SA democracy in question after Parliament chaos 198000 990,000 State of Chaos was how one South African Newspaper described. Turnover halves at NSE as foreign interests shows 20 50400 252,000 Trading at NSE started on a low note with turnover reducing by more than half. Some of the notable companies listed include Safaricom, EABL, ARM, KCB, Britam, Co-operative Bank, Kakuzi, Total, CfC Stanbic and Equity Bank. Kuwait oil minister sees price rally continuing 59400 297,000 Kuwait's oil minister said yesterday he expected the current oil prices rally to continue into the second half of 2015.

22 Industry Stories Print Coverage DATE PUBLICATION TITLE PAGE AVE VALUE
PR VALUE SUMMARY 17-Feb-15 Business Daily African Index Weekly Commentary 22 102600 513,000 Some of the notable companies listed include Tullow Oil, Dangote, Lafarge, EABL, Safaricom, Barclays Bank, Equity Bank and KCB. Gainers 24 7200 36,000 Crown Paints, Kenya Power and Trans Century are Gainers at the Nairobi Stocks. Losers Total, Kenya Airways and Nairobi Securities Exchange lost in the stock market. Europe's Blue Chips 26 93600 468,000 Standard Chartered Bank, Siemens, Barclays Bank ,Total, Unilever, Nestle and Reckitt Benckiser are featured in the Europe's Blue Chips. FTSE 100 118800 594,000 Aggreko, Barclays Bank, BAT, Diageo, Old Mutual, Reckitt Benckiser, SABMiller, Standard Chartered Bank, Tullow Oil, Unilever and Kenya Airways are featured in the FTSE 100. Lessons from 'Lucky Seven' nations for global business 30 165600 828,000 On February 1, the Business Daily reported that Kenya was among ?Lucky Seven? successors of BRICs. This was based on a recent piece in the Fortune magazine about the new world of business where the acronym BRICs cannot tell you where to put your money in the emerging markets. Court blocks bids for Kenya Power's meter reading tender 4 57600 288,000 Kenya Power has been blocked from receiving bids for a tender in which it plans to outsource meter reading services as part of a strategy to seal revenue leaks and boost efficiency. Geothermal agency eyes carbon-dioxide market 8 81000 405,000 GDC is set to enter the carbon dioxide production business signaling increased competition for Carbacid Investments and BOC both of which are listed at the NSE. Daily Nation Outer Ring plot owners seek leeway 20 158400 792,000 Property owners reluctant to cede some of their lands towards the expansion of outering road risking being locked out of business. Relax, Zuku has now installed your service C10 148500 742,500 Zuku and Kenya Power customers ave faulted the two firms for slow response to service requests as the former charged a fee for service the service requests.

23 Industry Stories Print Coverage DATE PUBLICATION TITLE PAGE AVE VALUE
PR VALUE SUMMARY 17-Feb-15 Daily Nation Residents up in arms over power blackout 18 13860 69,300 Residents of Murang'a have complained about frequent power blackouts in Murang'a Town and its environs. Two given the nod to battle it out in mini poll 22 83160 415,800 Two candidates Memusi Kanchori and Patric Tutui were yesterday cleared to contest the Kajiado Central parliamentary by-election. Court stops Choma zone tenat eviction 2 51480 257,400 The High Court has restrained Jukumu Enterprises Ltd and Mr. Geoffrey Ngugi from letting out high-end car wash site at Chomazone, Shell Petrol Station on Thika Road and at Donholm junction near Total Petrol Station pending hearing of the case. Kenya Pipeline adopts new employee ostrategy 37 79200 396,000 Kenya Pipeline Company is set to take effect changes in the top management. NOTICE: KENYA POWER 40 59400 297,000 The following is the Kenya Power notice on invitation to tender. 19800 99,000 The following so the Kenya Power notice on clarification of tender, BAD NEWS C2 15840 79,200 Electricity consumers are set for tough times ahead after the ERC increased the foreign exchange adjustment coats for meter readings taken this month. GOOD NEWS An American engineering firm, will from, next month inject 2MW of power into the national grid from a toxic shrub popularly referred to as Mathenge. Canadian oil firm seeks Sh11bn for exploration in Turkana C6 163350 816,750 Africa Oil, a Canadian exploration company, plans to raise Sh11 billion to finance ongoing appraisal and pre-development work in an oil field in Turkana. Africa Oil is among international companies operating in Kenya alongside Tullow Oil, Swala Energy, BG Group and Afren Plc. Taifa Leo Ngilu, Swazuri washtua mwenye shamba 1 203280 1,016,400 The owner of a controversial land in Mombasa who allegedly agreed to sell the land to the government denied any agreement with the government.

24 Industry Stories Print Coverage DATE PUBLICATION TITLE PAGE AVE VALUE
PR VALUE SUMMARY 17-Feb-15 Taifa Leo ZILIZOPOTEZA 19 6160 30,800 The top most decliners at the NSE were Trans-Century, Total Kenya, Britam, ARM and Sameer. Waapa kutopunguza nauli licha ya mafuta kushuka 6 178900 894,500 The Matatu sector says they will not reduce the transport fee despite the decline of petrol price by Sh8. Waomba serikali isaidie warudi kwa mashamba 8 192500 962,500 More than 3,000 farmers from Mugu, Shinigasho, Mbombani and Chumba cha Tsuwi in Mpeketoni Lamu County called on the government to assist them recover land they used to farm in. Kiwango cha umaskini nchini kubainishwa 9 77000 385,000 Kenya is requesting a credit facility for 250 million dollars from International Development Association partial risk guarantee for the Kenya Electricity Modernization project to improve the reliability of electricity transmission in the country. Tangazo kuhusu fidia ya Lapsset raha kwa wakazi 73920 369,600 The move by the government to release Sh1.31 billion as the first phase of compensation to those whose land is to be acquired for the Lamu Port has been received with mixed reaction. The People Daily Kitui Assembly pasess law to take over Nzambani Shrine 22 125000 625,000 The move by Ki9tui County assembly to reposes Nzambani Shrine has sparked differences between it and investor who claimed to have fulfilled his part of the bargaining pf prov9dobng electricity and water to the locals. Oil prices slimp on US supply cut 24 10000 50,000 World oil prices edged higher yesterday on lingering optimism over falling production. Cride oil has been on a rollercoaster for the past two weeks after plunging about 60 percent. Treasury seeks Sh77b budget aid from Bank 26 66000 330,000 The National Treasury has formally requested the World Bank to approve Sh16.7 billion for key projects being lined up by the government in the energy and infrastructure sectors. Matatu fares high despite cheap fuel 1 252000 1,260,000 Consumers, passengers yet to benefit from windfall as transporters and PSV operators argue that drastic drop in crude oil prices doesn?t translate into sustainable profits. The Standard Kenya Power unveils Sh1 million project 25 123156 615,780 Kenya Power has launched a security lighting project estimated to cost over Sh1 million in Eldoret town 's Langas estate.

25 Industry Stories Print Coverage DATE PUBLICATION TITLE PAGE AVE VALUE
PR VALUE SUMMARY 17-Feb-15 The Standard Kenya seeks Sh100b in WB loans to fund projects 30 149280 746,400 The government is seeking to close tro Sh100 billion in financial support from World Bank to fund various pipeline projects for the year 2015 NSE COMMENTARY: Top Gainers B10 27990 139,950 EA Portland, Kakuzi, Crown Berger, Eveready were among the Top Gainers in the stocks. Oil prices aim higher 29 World oil prices edged higher yesterday on lingering optimism over failing US production. Property lost as fire razes Kajiunduthi dormitory 15 18660 93,300 Property of unknown value was reduced to ashes after fire razed a dormitory of Kajiunduthi Secondary School in Mara Sub County yesterday night. Uprooted S Sudanese fear call return home 33 145548 727,740 A victim of the South Sudan wars has defied the call to return back home. My chat With A Bank CEO - Oil and Gases B2 156744 783,720 In the second talk of the Kenya Bankers Association, My Chat with a Bank CEO series on the drivers of real economy, Ms Joyce-Ann Wainaina, the CEO of Citibank East Africa discuses the oil and gas industry. How Mumias mess costs shoppers Sh71m a day B5 369468 1,847,340 The ongoing probe in Mumias Sugar Company finds consumers pay up to 72pc more for sugar after it leaves factory due to supply chain anomalies. Cash deficit: Treasury walks tightrope on debt as Kenya's public spending soars B6 677358 3,386,790 When a country's economy is growing by more than 5 per cent a year and then discovers that it has at least 600 million barrels of oil, it is hard to avoid triumphalism. The Star Lamu calls for land reforms 14 35736 178,680 Lamu leaders have called for the land reforms to enable counties to protect their resources. THE RIDDLE OF KENYA'S 'MYSTERIOUS DEATHS' 589644 2,948,220 Kenya regrettably has a history of unsolved murders of leading politicians.

26 Industry Stories Print Coverage DATE PUBLICATION TITLE PAGE AVE VALUE
PR VALUE SUMMARY 17-Feb-15 The Star NSE BIGGEST LOSERS: LOSERS 39 35736 178,680 Unga Group, Kenya Airways, Total Kenya, NSE Kenya, Scangroup Limited were among the losing counters at the NSE. NSE BIGGEST MOVERS: WINNERS Kakuzi, Crown Berger, Transcentury, Eveready and Kenya Power were among the biggest movers at the NSE. State, private firms seek Sh118bn from World Bank in 2015 214416 1,072,080 The State and private sector plan to borrow up to Sh billion from the World Bank Group this year for various projects. Japan boosts crude demands 40 38714 193,570 Oil prices steadied yesterday as Japan's economy emerged from recession and strong demand for refined products translated into healthy orders for crude.

27 Industry Stories Radio DATE STATION TITLE TIME AVE VALUE PR VALUE
SUMMARY 16-Feb-15 Baraka FM Govt' told to counsel LAPSSET beneficiaries 15:04 10000 50000 Lamu elders have called for counseling of beneficiaries of the LAPSSET project before they receive the funds, they have called on Lands Ministry and NLC to carry out the exercise. 14:03 10200 51000 13:04 13070 65350 Capital FM GAINERS AND LOSERS 13:09 6000 30000 Crown Paints, Eveready East Africa and Kakuzi Limited are the current gainers while Total Kenya, Unga Group and Sameer Africa Ltd are the losers Kenya to rip big due to geothermal power project 16:15 60830 304150 Kenya is set to save about 25 billion shillings annually by injecting the 280 megawatts of Olkaria Geothermal power to the nation grid. 17:23 STOCK EXCHANGE: GAINERS 18:11 47500 237500 Equity Bank, EABL and ARM were the leading movers of today's trading activities with Kenya Power witch is planing to reduce its contractors by half and eliminate paper bill was also a lead gainer Classic 105 Families to receive pay for land in port project 10:59 9570 47850 Families who land was repossessed to pave way for the LAPSSET project as set to be compensated this week. 10:04 Lamu squatters protest over eviction 17:01 16270 81350 Squatters of the Witu ranch in Lamu County have protested a move to forcefully evict them by hired GSU officers.

28 Industry Stories Radio DATE STATION TITLE TIME AVE VALUE PR VALUE
SUMMARY 16-Feb-15 East FM Lamu squatters protest over eviction 17:04 10670 53350 Squatters of the Witu ranch in Lamu County have protested a move to forcefully evict them by hired GSU officers. Egesa FM ERC cuts cost of fuel 13:15 39050 195250 The Energy Regulatory Commission has again lowered the cost of fuel prices for petroleum,Diesel and Kerosene. Kenya Power set to increase power supply in Juja 13:13 21510 107550 Kenya power has signed a contract to rehabilitate power station in Juja that will reduce power shortage in Nairobi county and its environs. Hope FM ERC committed to ensuring fair competition 07:08 23780 118900 Energy Regulatory Commission director general Eng Joseph Ng'ang'a has said that they are committed to ensuring fair competition and protection of both the sellers and consumers of fuel. Kenya Power implements low cost power connection 16:03 15990 79950 Kenya Power is implementing 785 low cost power connection within slams and low income areas at a cost of sh 14 bn, the World Bank and African Development Bank are sponsoring the project. Kameme FM ERC to buy diesel on low sulphur 08:13 52000 260000 Energy Regulatory Commission has now decided to buy oil with reduced sulphur. Pokot cement factory plans to generate its own power 16:32 40320 201600 Pokot Cement factory plan to generate its own power part of which will be fed into the national power grid. Investors of the plant to be constructed at Ortum say they will put up a 64MW power plant out of which 50MW will be sold. Kass FM Geothermal power from Menengai to be cheaper 09:16 59500 297500 Electricity generated from the multibillion-shilling Menengai Geothermal Project in Nakuru County will cost Sh7khw, less than diesel or hydro power,according to project managing director Dr Silas Simiyu,the generated power is expected to lower electricity bill by sh13bn yearly. Kaya FM Coastal matatu owners will not reduce fare 07:05 11520 57600 Coastal matatu owners have said they will not reduce fuel prices despite drop in fuel prices by ERC.

29 Industry Stories Radio DATE STATION TITLE TIME AVE VALUE PR VALUE
SUMMARY 16-Feb-15 Mbaitu FM Dropped fuel prices in Kenya 16:12 13570 67850 Fuel prices in Kenya have dropped upto 29% from August last year following decrease of fuel prices world wide. Oil prices reduced by 29% 19:20 14670 73350 Oil prices in the country have reduced by 29% from August last year,super petrol is now retailing at Sh84.71 per litre while diesel and kerosene will sell at Sh75.52 and Sh52.40 per litre, respectively. Milele FM World Bank called on to continue supporting the Govt 19:34 16190 80950 The government has called on World Bank to continue the supporting in achieving developments in the country. Radio Nam Lolwe Relief at the pump as ERC cuts fuel prices again 10:34 8130 40650 ERC citing lower import prices, said the price of a litre of Kerosene this month drops by Sh13.19, super petrol by Sh8.17, while diesel will be Sh7.83 cheaper. ?In the local market, the benefit of the reduction in the international prices has continued to be passed over to Kenyans through reduced pump prices,? said ERC Director General Joseph Ng?ang?a. 14:03 4130 20650 Radio Salaam FM MOA asked to reduce fares after fuel price came down 10:05 6830 34150 The Matatu Owners Association has been asked to reduce fare after the price of fuel dropped. 12:12 7000 35000 Radio Waumini Electricity consumers to face tough times 07:03 5600 28000 Energy Regulation has increased the foreign exchange adjustment cost for meter reading taking this month. 09:00 3030 15150 West FM Transport paralyzed along Kanduyi-Bungoma road 16:02 9720 48600 Transport along Kanduyi-Bungoma road has been paralyzed due to electric poles which fell along the road.

30 Industry Stories TV DATE STATION TITLE TIME AVE VALUE PR VALUE SUMMARY
16-Feb-15 CNBC Global and emerging markets 17:00 28000 140000 Kenya's cost of power has gone down by 30% giving it a fantastic opportunity to export it to the rest of the continent. Interview:Focus on Kenyan market 390130 Eric Musau from the Standard Investment Bank says Safaricom aims at promoting cashless system on the e-payment just like South Africa. K24 Fares remain high despite fuel prices drop 19:00 338000 As fuel prices continue to fall drastically, the public service vehicles have still maintained the fares despite the drop of fuel. 21:00 242670 INTERVIEW: Gabriel Muthuma and Ben Mulwa, Political Analyst, Henry Muindi, Chairman C Bet Sacco 06:20 Gabriel Muthuma and Ben Mulwa, Political Analyst, Henry Muindi, Chairman C Bet Sacco discuss about what digital migration will bring, Henry says the three media houses are being monopolistic like Kenya Power, they also discuss about whether Cashless payment is working in the Matatu industry. West Pokot MCAs demand funds for marginalized areas 18:30 163800 819000 Pokot West MCAs have warned the MPs against regulating the funds for the marginalized areas. They stated that the funds should be used for water and electricity supply. Kass TV Kenyans wants price of commodities dropped 06:00 376200 Kenyan yearns to see the price of commodities coming down due to reduced fuel prices by ERC.

31 MEDIA AVE VALUE PR VALUE PRINT RADIO 31170 155850 TV TOTAL

32 -END- Thank You.


Download ppt "KenGen Media Report 16th – 17th February 2015."

Similar presentations


Ads by Google