The government has finally embarked on a programme to lower the cost of production for many businesses by reducing electricity tariffs if these manufacturers consume power during the off-peak period.
Under this arrangement launched last week, the cost of electricity will be 30 per cent cheaper between 10pm and 6am than it is during the rest of the day. Not only will this make Kenyan firms more competitive against companies that bring goods to the country from low-tariff environments, more jobs can be created by businesses that significantly cut their cost of production.