So kuna siku KQ ilikuwa ina make profits.KPLC na kina Nation Media.
Titus Naikuni hu feel aje akijua aliangusha KQ.
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Investing alongside the Kenyan government should be classified among the 1000 ways to die. Consider this:
You buy KPLC shares. KPLC is majority owned by the government at 50.1%. The government can own the company forever and almost never sells. KPLC is a public utility company so the government can never relinquish control.
G.o.K has majority seats at the board. It appoints a corrupt bureaucrat who then proceeds to loot the company to the core along with board members. The minority shareholders (49.9% stake) shoulder all the losses as their company is looted to the core by government bureaucrats. They have no recourse.
The same government does the math and decides to use the public utility company (KPLC) as a political tool. The minority shareholders get shafted again. The politicians connect all corners of the country with electricity to be re-elected. That in itself is a good thing, but it is bad for the minority shareholders because the rural electrification project is not economically viable for KPLC. The government doesn’t care. It can recoup the investment from the larger tax base with access to electricity. Minority shareholders can’t recoup their investment in any way. KPLC fails, the government bails it out by diluting the minority shareholders. Rinse and repeat. Same for KQ and other government-controlled corporations that are of strategic importance.
The local handlers of KQ bails them out for billions every year so I don’t know where KLM appears there.
pesa ya azimio unathani inatoka wapi
KLM was a major shareholder in KQ.
KQ terminates controversial venture with KLM after 24 years | Nation
It is no secret that KQs deal with KLM (Its largest shareholder) was part of the reason why it could not turn a profit most of the time.
yes their code share partnership made KQ shine out there with the slogan pride of Africa. ethiopia took over
Example
Kenya Airways bought two second-hand planes at Sh2 billion from one of its major shareholders, KLM, and then sold them at just Sh200 million after five years.
KQ ‘bullied’ to buy old KLM planes for Sh2 billion
You can read here how KQs downfall began.
Why Kenya Airways needs to rethink deal with KLM - The Standard
Alafu kuna mtu anaargue eti salo ya pilots imegonga 1 mirrions. How do you bail a company to pay hefty salary? Retrench , nyonga salo then okoa kampuni na harakati zake za kila siku
Uko serious?? Those are totally separate entities from KPLC the publicly traded power utility company. Tupunguze ujinga tafadhali.
Differentiate a money " cleaning" company and a legitimate company
Correct. Nikiwa MBA class, I would chuckle at academic busybodies discussing KQ in English of nose to appear knowledgeable and exposed to current events. Eti class work. Nilikuwa tuu najinyamazia. Interestingly, the lecturers who encouraged such discussions all attended useless universities along Thika Road. Any african govt owned entity isn’t a matter to be discussed in any serious business school.
kplc has only 4 known individual shareholders. rest are banks, insurance companies.
[I]Kplc ownership[/I]
[I]Kplc ownership[/I]
As a citizen you can own kplc thru stima DT sacco which even offers insurance called Mpawa
Wacha ujinga nanii. Except the Ministry of Finance, everyone else hapo is a private investor. Also, those are the 4 largest individual shareholders, not the only individual shareholders. Jifunze kusoma gathee. Who owns the 11.57% “other shareholders”?? As a citizen, you own KPLC through the Nairobi Securities Exchange. Enda usome halafu ulete argument otherwise nitakudai tuition money.
name another kplc individual shareholder that you know of