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Why layoffs will not save Kenya Power

Shoe Heaven
 

Kenya Power staff repairing the Loyangalani-Suswa power-line, December 2021. [Antony Gitonga, Standard]

Kenya Power wants to let go of 1,962 workers in what the utility firm says is meant to manage staff costs, which have “increased to unsustainable levels.”

But a look at its financial books shows the move is not a magic wand to fixing costs and steadying its wobbly performance.

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