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.
State-owned companies left Kenya Power to shoulder burden of 15 per cent subsidy implemented in January last year. [iStockphoto]
State-owned entities within the energy sector may be in breach of an agreement reached to support Kenya Power in implementing lower electricity prices last year.
The companies were to forego portions of their revenue to support the 15 per cent reduction in the cost of electricity that came into effect in January 2022.
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