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KenGen Media Report 23 May, 2017 to 24 May, 2017.

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Presentation on theme: "KenGen Media Report 23 May, 2017 to 24 May, 2017."— Presentation transcript:

1 KenGen Media Report 23 May, 2017 to 24 May, 2017

2 Publication - The Star Page - 16 Wed, 24 May 2017 Car & General shares up despite H1 loss AVE : Kshs. 102,522 PRV : Kshs. 307,566 Tonality : Neutral The market is keenly awaiting OPEC later this week. I think OPEC are blowing hot air and that crude oil will resume a precipitous slide from as early as the press conference. Safaricom missed closing at % by the tiniest of whiskers and closed unchanged at with heavy duty volume action of 27.5m shares worth m traded. Kenya Airways eased 5cents ahead of its Earnings Release later this week and closed at 6.4.KenGen firmed +0.7% to close at a Fresh 2017 high.

3 Publication - The Star Page - 15 Wed, 24 May 2017 KenGen starts recruitment of MD afresh,appoints Deloitte E Africa to replace PKF AVE : Kshs. 40,710 PRV : Kshs. 122,130 Tonality : Neutral KenGen has readvertised the position of chief executive and changed the consultant from PKF to Deloitte, an indication the previous call which ended March 24 did not yield the desired candidate.

4 KenGen Print Coverage DATE PUBLICATION HEADLINE/SUBJECT PAGE
AVE VALUE(KSH) PR VALUE(KSH) SUMMARY 24-May-17 The Star Car & General shares up despite H1 loss 16 102522 307,566 The market is keenly awaiting OPEC later this week. I think OPEC are blowing hot air and that crude oil will resume a precipitous slide from as early as the press conference. Safaricom missed closing at % by the tiniest of whiskers and closed unchanged at with heavy duty volume action of 27.5m shares worth m traded.Kenya Airways eased 5cents ahead of its Earnings Release later this week and closed at 6.4.KenGen firmed +0.7% to close at a Fresh 2017 high. KenGen starts recruitment of MD afresh,appoints Deloitte E Africa to replace PKF 15 40710 122,130 KenGen has readvertised the position of chief executive and changed the consultant from PKF to Deloitte, an indication the previous call which ended March 24 did not yield the desired candidate.

5 Print Industry Coverage DATE PUBLICATION HEADLINE/SUBJECT PAGE
AVE VALUE(KSH) PR VALUE(KSH) SUMMARY 24-May-17 Daily Nation Projects push land prices up as demand increases 12 27943 83,829 The demand for land in Lamu has increased following the establishment of mega projects in the county. The Standard GETTING IT RIGHT L3 175115 525,345 The writer says transporting fruits to the juicing company costs Sh10, operational costs electricity, labour and licences come to Sh25, certification from the Kenya Bureau of Standards is Sh 10, branding is Sh 10, marketing and advertising Sh8, and transporting to retailers Sh3.

6 Electronic Industry Coverage DATE PUBLICATION HEADLINE/SUBJECT PAGE
AVE VALUE(KSH) PR VALUE(KSH) SUMMARY 23-May-17 Citizen Radio Govt aims to reduce high electricity costs 13:34 46090 138270 The government is committed in securing Kenyans from high costs of electricity. Egesa FM Govt creates electricity bill subsidy for all electricity users. 13:12 33960 101880 The government has created an electricity bill subsidy that will cushion close to 70% of all electricity users. Hot 96 Govt creates electricity subsidy 14:20 86310 258930 The government has created an electricity subsidy that will caution close to seventy percent of electricity uses,the subsidy covers household consuming up to fifty kilo watts per month charging three shillings and fifty cents per kilo watt. KBC English Service African states urged to harmonize quality standard on technical system 13:09 14040 42120 African countries have been challenged to harmonize the quality standard on electric and technical system to accelerate access to save and sustainable power.

7 Electronic Industry Coverage DATE PUBLICATION HEADLINE/SUBJECT PAGE
AVE VALUE(KSH) PR VALUE(KSH) SUMMARY 23-May-17 Qwetu FM ERC to inspect solar water heaters this week 12:31 20500 61500 The Energy Regulatory Commission (ERC) will this week start enforcing regulations requiring owners of buildings with huge hot water requirements to install heating systems. Urban Radio Over 70% Kenyan homes enjoy subsidized electricity 12:34 47370 142110 Electricity bills for 70% Kenyan homes are fully subsidized by the government making them enjoy a discount of 80%. Ebru Africa KEBS calls on disruptive technology for universal energy access 21:00 164000 492000 African countries have been challenged to harmonize quality standards for electric and technical systems to accelerate access to safe and sustainable power. Electricity, Dr Njoroge noted, is the biggest barrier to trade in Kenya and many African countries. KBC Channel 1 Countries challenged to harmonize quality standards 13:31 372880 African countries have been challenged to harmonize their quality standards for the electric and technical systems to accelerate access to safe and sustainable power. Energy impacts the majority of the sustainable development goals and development of every nation.

8 Thank you!


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