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 employees repair power lines in Kisii town on September 18, 2023. [Sammy Omingo, Standard]
Kenya Power is considering implementing dollar-based billing for its electricity sales after posting a Sh3.19 billion annual loss blamed on currency fluctuations.
The State-owned utility, now under new management, had previously posted a net profit of Sh3.2 billion in the fiscal year ending June 2022 and Sh1.49 billion in the year ending June 2021.
Get Full Access for Ksh299/Week
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.