{"id":22318,"date":"2021-02-09T20:58:36","date_gmt":"2021-02-09T20:58:36","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/?p=22318"},"modified":"2021-02-09T20:58:36","modified_gmt":"2021-02-09T20:58:36","slug":"kengen-pays-government-sh1-15-billion-in-dividends","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends","title":{"rendered":"KenGen pays Government Sh1.15 billion in dividends"},"content":{"rendered":"

AfricaPress-Kenya:<\/strong> The Kenya Electricity Generating Company PLC (KenGen) has paid the National Government Sh1,153,856,022 in dividends for the financial year ended June 2019.<\/p>\n

The Government owns 70 per cent stake at KenGen while 30 per cent is owned by private shareholders.<\/p>\n

National Treasury CS Ukur Yatani noted that as the country\u2019s leading energy producer, KenGen was a major player in the Government\u2019s efforts towards the country\u2019s growth and development. \u201cEnergy is critical for the country\u2019s growth and development. We take cognizance of the important role played by KenGen in growing the economy,\u201d the CS said.<\/p>\n

During the event, KenGen Board Chairman, General (Rtd.) Samson said: \u201cWe are indeed privileged and honoured to pay the Government Sh1,153,856,022 in dividend at a time when businesses are facing enormous challenges occasioned by the Coronavirus Disease (COVID-19) pandemic.\u201d<\/p>\n

He expressed gratitude to the Government for consistent support over the years, saying it had contributed to KenGen\u2019s growth and positive performance.<\/p>\n

For the year ended June 2020, KenGen announced a Sh13.9 billion profit before tax. The Board has recommended a first and final dividend for the year of Sh0.30 per ordinary share of Sh2.50, which will be paid to shareholders once ratified in the next annual general meeting (AGM), Gen. Mwathethe said.<\/p>\n

Speaking at the event, the company\u2019s MD & CEO, Mrs. Miano said KenGen\u2019s diversification strategy was bearing fruit as the organisation had been able to incorporate new business lines in its revenue streams including consultancy services.<\/p>\n

The company is currently offering geothermal drilling services and undertaking geoscientific studies in Kenya and Ethiopia.<\/p>\n

She also expressed optimism in the company\u2019s ability to navigate the COVID-19 Pandemic which led to widespread socio-economic challenges.<\/p>\n","protected":false},"excerpt":{"rendered":"

AfricaPress-Kenya: The Kenya Electricity Generating Company PLC (KenGen) has paid the National Government Sh1,153,856,022 in dividends for the financial year ended June 2019. The Government owns 70 per cent stake at KenGen while 30 per cent is owned by private shareholders. National Treasury CS Ukur Yatani noted that as the country\u2019s leading energy producer, KenGen […]<\/p>\n","protected":false},"author":84,"featured_media":22309,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[878,2387],"class_list":["post-22318","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-kengen","tag-ukur-yatani"],"yoast_head":"\nKenGen pays Government Sh1.15 billion in dividends - kenya<\/title>\n<meta name=\"description\" content=\"The Kenya Electricity Generating Company PLC (KenGen) has paid the National Government Sh1,153,856,022 in dividends for the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KenGen pays Government Sh1.15 billion in dividends\" \/>\n<meta property=\"og:description\" content=\"The Kenya Electricity Generating Company PLC (KenGen) has paid the National Government Sh1,153,856,022 in dividends for the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-09T20:58:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/02\/government_pockets_s6022a78d4e35c.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"594\" \/>\n\t<meta property=\"og:image:height\" content=\"294\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"KenGen pays Government Sh1.15 billion in dividends\",\"datePublished\":\"2021-02-09T20:58:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends\"},\"wordCount\":289,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/02\/government_pockets_s6022a78d4e35c.jpg\",\"keywords\":[\"KenGen\",\"Ukur Yatani\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends\",\"name\":\"KenGen pays Government Sh1.15 billion in dividends - kenya\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/02\/government_pockets_s6022a78d4e35c.jpg\",\"datePublished\":\"2021-02-09T20:58:36+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The Kenya Electricity Generating Company PLC (KenGen) has paid the National Government Sh1,153,856,022 in dividends for the\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/02\/government_pockets_s6022a78d4e35c.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/02\/government_pockets_s6022a78d4e35c.jpg\",\"width\":594,\"height\":294},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/kenya\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"KenGen pays Government Sh1.15 billion in dividends\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#website\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/\",\"name\":\"kenya\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/kenya\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"KenGen pays Government Sh1.15 billion in dividends - kenya","description":"The Kenya Electricity Generating Company PLC (KenGen) has paid the National Government Sh1,153,856,022 in dividends for the","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends","og_locale":"en_US","og_type":"article","og_title":"KenGen pays Government Sh1.15 billion in dividends","og_description":"The Kenya Electricity Generating Company PLC (KenGen) has paid the National Government Sh1,153,856,022 in dividends for the","og_url":"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends","og_site_name":"kenya","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2021-02-09T20:58:36+00:00","og_image":[{"width":594,"height":294,"url":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/02\/government_pockets_s6022a78d4e35c.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"KenGen pays Government Sh1.15 billion in dividends","datePublished":"2021-02-09T20:58:36+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends"},"wordCount":289,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/02\/government_pockets_s6022a78d4e35c.jpg","keywords":["KenGen","Ukur Yatani"],"articleSection":["all news","economy","homepage-english"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends","url":"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends","name":"KenGen pays Government Sh1.15 billion in dividends - kenya","isPartOf":{"@id":"https:\/\/www.africa-press.net\/kenya\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/02\/government_pockets_s6022a78d4e35c.jpg","datePublished":"2021-02-09T20:58:36+00:00","author":{"@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The Kenya Electricity Generating Company PLC (KenGen) has paid the National Government Sh1,153,856,022 in dividends for the","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends#primaryimage","url":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/02\/government_pockets_s6022a78d4e35c.jpg","contentUrl":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/02\/government_pockets_s6022a78d4e35c.jpg","width":594,"height":294},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-pays-government-sh1-15-billion-in-dividends#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/kenya\/"},{"@type":"ListItem","position":2,"name":"KenGen pays Government Sh1.15 billion in dividends"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/kenya\/#website","url":"https:\/\/www.africa-press.net\/kenya\/","name":"kenya","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/kenya\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/posts\/22318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/comments?post=22318"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/posts\/22318\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/media\/22309"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/media?parent=22318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/categories?post=22318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/tags?post=22318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}