Geothermal Development Company chairman Simon Gicharu has said completion of the 5,000MW power project will greatly enhance Kenya’s business competitiveness. Speaking on the sidelines of an international conference on education held in San Francisco, USA, Mr Gicharu said the country’s attainment of Vision 2030 is largely pegged on its energy development goals.
KenGen has embarked on an ambitious 140Megawatt power plant construction at Ol Karia by inviting views from Kenyans on the proposed project. KenGen, which has overseen construction and rollout of 280Megawatts production at Ol Karia in Nakuru County, said it planned to launch construction of a power plant and associated infrastructure.
In a public notice Thursday, KenGen applied for clearance to commence construction to the National Environmental Management Authority (NEMA) inviting comments from members of the public before works on the proposed power plant commence. KenGen drilled Africa’s first geothermal well in June 1981 with two more phases developed in 1982 and 1985 raising power production to 45Megawatts.
National Oil Corporation of Kenya is investing $5 million to set up a cooking gas filling plant in Nairobi. The state-owned oil marketer is hoping to increase its markets share from the current five per cent to 20 per cent in the next two years once the plant starts production.
Private developers in Nairobi slowed their activities last year after the county government increased construction permit fees, a new report reveals.
The State of Development Report notes that in 2013 the county government raised construction permit fees by between 200 and 1,250 times compared to the previous year. Kenya Property Development Association (KPDA) and HassConsult said in a report released that the increased fees have hit hard property developers in the county. KPDA Chief Executive Officer Robyn Emerson explained that over and above the increased construction permit fees, developers are also suffering out of sharp increases in lands rates.
Kenya Railways Corporation has announced an additional service on routes served by its commuter rail service. The revised schedule is meant to ease movement of commuters, as a result of the transport crisis experienced across the country occasioned by the Transport ministry’s new measures to streamline the matatu industry. Kenya Railways Corporation Managing Director Atanas Maina said the firm has increased the number of commuter services to and from Kahawa, Ruiru, Kikuyu, Dagoretti and Embakasi to cope with the transport crisis. Under the new arrangement, there will be an extra train service from Kahawa that will depart at 08:30 am and arrive in town at 09:30 am. Another extra service from Embakasi to town will depart at 09:05 am and arrive at 09:55 am.
In the evenings, an extra service to Kahawa will depart at 04:00 pm and arrive at 05:00 pm. while a new Embakasi service will depart town at 04:10 pm and arrive at 05:00 pm. There will also be a new service to Embakasi that will depart at 07:20 pm and arrive in town at 08:05 pm,” he said.
Three Kenyan entities were ranked on Wednesday at the top of a business technology magazine’s list of the 10 most innovative companies in Africa.
Fast Company, a New York-based global business publication, names iHub, Sanergy and One Acre Fund as Africa’s foremost leaders in innovation.