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Kenya Power to pay dividend despite cash flow hitches

Kenya Power Managing Director Ken Tarus during an investor briefing in Nairobi. [Willis Awandu, Standard]

Kenya Power may struggle to meet its short-term obligations after it sunk into negative working capital of Sh9.97 billion despite posting a marginal rise in profits.

The firm, which recorded two million new customers in the financial year ending June 30, also had a Sh1.2 billion negative cash flow in its books.

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