The Standard | by Macharia Kamau
Kenya Power has embarked on a turnaround strategy that it expects to lift it out of losses with a focus on cost-cutting.
The electricity distributor said it has already reduced its corporate budget and is evaluating other areas to cut including staff costs.
“As we go forward, we are focusing on implementation of a recovery strategy that focuses on growing electricity sales, enhancing revenue collection, managing costs and improving system efficiency,” said Managing Director Bernard Ngugi.
