Kenya Power posts first loss in 17 years

kenya power, electricity bills, electricity costs, electricity supply
Share
  •  
  •  
  •  
  •  
  •  
  •  

Business Daily | by Patrick Alushula

Kenya Power has posted the first loss in 17 years, turning the spotlight on the push by the utility firm to raise retail tariffs for homes and businesses to improve its performance.

The Treasury’s disclosures to Parliament shows the electricity monopoly returned a net loss of Sh2.98 billion in the financial year ended June 2020.

But Kenya Power, which is listed on the Nairobi bourse, is yet to make public its financial statements for the year to June…

Read more…


Share
  •  
  •  
  •  
  •  
  •  
  •  

LEAVE A REPLY

Please enter your comment!
Please enter your name here