@BusinessDaily

It’s a baptism of fire for Mohamed at Kenya Power

5 months ago, 12 Jan 09:48

By: Neville Otuki

Assuming the top role in an organisation of the stature of Kenya Power ordinarily comes with a-feel-good effect with compliments and accolades to boot. Mahboub Mohamed’s entry into office as chair of the power firm on Tuesday morning was however marked by oddities. His big moment was overshadowed by a deafening public outcry by consumers dissatisfied with the firm’s billing services. The mainstream and social media has been awash with complaints that the utility firm was overcharging electricity consumers and failing to disclose to homes and businesses backdated bills worth Sh8.1 billion, which it started recovering from November. Kenya Power disclosed the large bill in its annual report, clarifying that costly power due to increased uptake of expensive diesel-generated electricity was not fully billed to homes and businesses between last February and August. But that was not all for the new official. Only a few hours into his new role, large swathes of the country suffered a major power outage caused by a transmission problem. The social media swiftly erupted with condemnation and hilarious chides. @wilson_smarti wrote: “So he switched off the power just to ensure we know he’s the boss from today? Ok.” @julietbme wrote: “And this is how they welcome him... Shutting down power everywhere.” @MinorJstn wrote: “No wonder the blackout.” Mohamed, who succeeded former National Assembly Speaker Kenneth Marende, will have to live with this kind of tirade regularly even as the utility firm worked to improve its shaky grid that has been blamed for frequent blackouts which left businesses with massive losses. Although the frequency and severity of power outages in the country has reduced over the years, many firms are still forced to run stand-by generators to cope with interruptions. “I am not deluded that I am walking into an easy job. It is going to be a challenge,” Mohamed, 60, pointed out when he took office on Tuesday. He was swift to add that his priority would be to enhance service delivery to homes and businesses as well as strive to hand shareholders of the Nairobi bourse listed firm handsome returns. The how and when, were however missing in his maiden speech at Stima Plaza in Nairobi. Mr Mohamed, a graduate of Civil Engineering from Texas A&I University in the US, will bank on his experience in the public sector to steer Kenya Power out of its operational woes. He has previously held senior roles in government as well as regional bodies. “Mohamed brings to the company’s leadership a wide range of local and international experience in public service and corporate governance, we pledge our full support as he guides the company towards meeting its strategic objectives,” the Kenya Power board said in a statement announcing his appointment. Mohamed is a former Permanent Secretary in the Ministry of State for Special Programmes, Office of the President, from 2003 to 2008 when he was appointed Assistant Minister Electricity and Renewable Energy. He previously served as a permanent secretary in the Ministry of Water and Irrigation ...
Read More


Category: business news corporate lifestyle economy opinion markets

Suggested

7 hours ago, 19:00
@BusinessDaily - By: Seraphine Ruligir ...
Break out of comfort zone into your executive self

You need to develop the difference shared by the chosen few if your circumstances are to change. ...

Category: business news lifestyle economy
2 hours ago, 00:08
@StandardMedia - By: Rading Biko
Advantech Tech company launches farming App

Consulting firm Advantech has launched a farming concept dubbed ‘Farming as Business’ where it will use technology to empower small-scale farmers acro ...

Category: business news
2 hours ago, 00:09
@StandardMedia - By: Paul Wafula
Treasury plans to raise excise duty to 12 per cent from current 10 per cent

Safaricom has spoken for the first time since the Treasury increased taxes on mobile money transfer, saying the move will hurt the financial service. ...

Category: business news
7 hours ago, 19:00
@BusinessDaily - By: Editorial
EDITORIAL: Stiff jail terms proper

The stiff penalties handed out by a local court on two foreigners for printing fake currency are a step in the right direction. ...

Category: business news lifestyle economy markets opinion
7 hours ago, 19:00
@BusinessDaily - By: James Ngunjiri
Treasury snubs investors’ Sh43 billion at weekly T-bill auction

Treasury bills subscription hit Sh62.26 billion at the weekly auction with the Central Bank of Kenya (CBK) accepting about a third at Sh18.34 billion, turning away Sh43 billion. ...

Category: business news lifestyle economy markets opinion corporate
7 hours ago, 19:00
@BusinessDaily - By: James Ngunjiri
Portal brings together 36 regulatory agencies

A government trade portal that provides international traders with access to trade regulation information online has brought on board 36 licensing and regulatory state agencies. ...

Category: business news

@BusinessDaily

It’s a baptism of fire for Mohamed at Kenya Power

5 months ago, 12 Jan 09:48

By: Neville Otuki
Assuming the top role in an organisation of the stature of Kenya Power ordinarily comes with a-feel-good effect with compliments and accolades to boot. Mahboub Mohamed’s entry into office as chair of the power firm on Tuesday morning was however marked by oddities. His big moment was overshadowed by a deafening public outcry by consumers dissatisfied with the firm’s billing services. The mainstream and social media has been awash with complaints that the utility firm was overcharging electricity consumers and failing to disclose to homes and businesses backdated bills worth Sh8.1 billion, which it started recovering from November. Kenya Power disclosed the large bill in its annual report, clarifying that costly power due to increased uptake of expensive diesel-generated electricity was not fully billed to homes and businesses between last February and August. But that was not all for the new official. Only a few hours into his new role, large swathes of the country suffered a major power outage caused by a transmission problem. The social media swiftly erupted with condemnation and hilarious chides. @wilson_smarti wrote: “So he switched off the power just to ensure we know he’s the boss from today? Ok.” @julietbme wrote: “And this is how they welcome him... Shutting down power everywhere.” @MinorJstn wrote: “No wonder the blackout.” Mohamed, who succeeded former National Assembly Speaker Kenneth Marende, will have to live with this kind of tirade regularly even as the utility firm worked to improve its shaky grid that has been blamed for frequent blackouts which left businesses with massive losses. Although the frequency and severity of power outages in the country has reduced over the years, many firms are still forced to run stand-by generators to cope with interruptions. “I am not deluded that I am walking into an easy job. It is going to be a challenge,” Mohamed, 60, pointed out when he took office on Tuesday. He was swift to add that his priority would be to enhance service delivery to homes and businesses as well as strive to hand shareholders of the Nairobi bourse listed firm handsome returns. The how and when, were however missing in his maiden speech at Stima Plaza in Nairobi. Mr Mohamed, a graduate of Civil Engineering from Texas A&I University in the US, will bank on his experience in the public sector to steer Kenya Power out of its operational woes. He has previously held senior roles in government as well as regional bodies. “Mohamed brings to the company’s leadership a wide range of local and international experience in public service and corporate governance, we pledge our full support as he guides the company towards meeting its strategic objectives,” the Kenya Power board said in a statement announcing his appointment. Mohamed is a former Permanent Secretary in the Ministry of State for Special Programmes, Office of the President, from 2003 to 2008 when he was appointed Assistant Minister Electricity and Renewable Energy. He previously served as a permanent secretary in the Ministry of Water and Irrigation ...
Read More

Category: business news corporate lifestyle economy opinion markets

Suggested

7 hours ago, 19:00
@BusinessDaily - By: Seraphine Ruligir ...
Break out of comfort zone into your executive self

You need to develop the difference shared by the chosen few if your circumstances are to change. ...

Category: business news lifestyle economy
2 hours ago, 00:08
@StandardMedia - By: Rading Biko
Advantech Tech company launches farming App

Consulting firm Advantech has launched a farming concept dubbed ‘Farming as Business’ where it will use technology to empower small-scale farmers acro ...

Category: business news
2 hours ago, 00:09
@StandardMedia - By: Paul Wafula
Treasury plans to raise excise duty to 12 per cent from current 10 per cent

Safaricom has spoken for the first time since the Treasury increased taxes on mobile money transfer, saying the move will hurt the financial service. ...

Category: business news
7 hours ago, 19:00
@BusinessDaily - By: Editorial
EDITORIAL: Stiff jail terms proper

The stiff penalties handed out by a local court on two foreigners for printing fake currency are a step in the right direction. ...

Category: business news lifestyle economy markets opinion
7 hours ago, 19:00
@BusinessDaily - By: James Ngunjiri
Treasury snubs investors’ Sh43 billion at weekly T-bill auction

Treasury bills subscription hit Sh62.26 billion at the weekly auction with the Central Bank of Kenya (CBK) accepting about a third at Sh18.34 billion, turning away Sh43 billion. ...

Category: business news lifestyle economy markets opinion corporate
7 hours ago, 19:00
@BusinessDaily - By: James Ngunjiri
Portal brings together 36 regulatory agencies

A government trade portal that provides international traders with access to trade regulation information online has brought on board 36 licensing and regulatory state agencies. ...

Category: business news
Our App