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 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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