Nominated senator Millicent Omanga makes her way to Parliament. PHOTO | FILE
Nominated Senator Millicent Omanga has revealed that she made her first million shillings at the age of 19 as a hawker.
Speaking during an interview on MC Jessy’s Youtube show, Jessy Junction, Omanga said she started her entrepreneurial journey as an undergraduate at the University of Nairobi and earned her first million within a year.
“By 20 I bought a new car and I was still in the university. I would use a portion of my school fees to buy a few things in Eastleigh that I would later sell at a profit. By exam time I had made profits and I would use that to clear my fees,” she said.
EOI – KenGen Geothermal Board of Consultants, March 10, 2021
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Kenya Power to rollout electric car charging stations
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KenGen earnings down 38pc, Kenya Power s fall 80pc
Friday February 26 2021
By CONSTANT MUNDA
Summary
KenGen, which is 70 percent owned by the State, announced on Thursday profit dropped to Sh5.06 billion from Sh8.17 billion a year earlier.
On the other hand, Kenya Power the biggest buyer of electricity from KenGen reported a drop of 80.06 percent in profit for the same period to Sh138 million, citing depressed demand for power amid Covid-19 knocks on economic activity.
Earnings from electricity sales amounted to Sh69.01 billion in the period, the near-monopoly power distributor said, a marginal 0.85 percent drop compared with June-December 2019 period.
Kenya Electricity Generating Company #ticker:KEGN (KenGen) net profit for the half-year period ended December 2020 fell 38.13 percent on the back of lower earnings from thermal power generation and absence of tax savings.
KenGen signs contract to drill three geothermal wells in Djibouti
KenGen signs contract to drill three geothermal wells in Djibouti
Modified date:
Kenya Electricity Generating Company (KenGen), a parastatal company and the largest electric power producer in Kenya has signed in Galla Le Komaa US$ 6.5m contracts to drill three geothermal wells in Djibouti.
The deal was signed between the state-owned power producer embodied by its Managing Director, Rebecca Miano, and Office Djiboutien de developpement de l’energie geothermique (ODDEG) (in English; Djiboutian office of geothermal energy development) in the presence of Kenya’s Energy Cabinet Secretary Charles Keter, Djibouti’s Minister of Energy & Natural Resources H.E. Honourable Yonis Ali Guedi, amongst other officials from both countries.