Business Daily | by Joseph Wangui
Kenyan taxpayers are on the verge of losing Sh4.8 billion to a Spanish firm contracted by the State-owned Kenya Electricity Transmission Company (Ketraco) to construct an electricity line linking the local and Ugandan power grids.
Ketraco lost a second attempt in court to stop paying the foreign contractor, Instalaciones Inabensa S.A, the amount for breach of the contract financed by an African Development Bank (AfDB) loan…
