The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
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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