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.
Electricity consumed in March would be liable to a foreign exchange fluctuation adjustment of Sh2.16 per kWh. [File, Standard]
The cost of electricity will go up sharply this month as the country relies more on expensive thermal electricity generators due to the drought as well as the further weakening of the shilling against the US dollar.
The fuel and foreign exchange adjustment costs have risen to record highs for power that will be consumed in the course of March.
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