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Bill awaiting Senate approval seeks to end Kenya Power monopoly

An employee of Kenya Power fixes supply lines in Homa Bay town (TITUS MUNALA/STANDARD)

NAIROBI, KENYA: Kenya Power Managing Director Ken Tarus recently announced the company’s financial results, which painted a bleak picture - judging from the figures he released.

The power utility company registered a marginal growth (0.95 per cent) in net profit from Sh7.2 billion to Sh7.3 billion in the financial year ended June 30, 2017.

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