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East African Cables banks on Sh20b sweetheart deal with Kenya Power

East African Cables CEO Peter Arina (left) and Chairman Zephaniah Mbugua during the company’s AGM in Nairobi. [ PHOTO: DAVID NJAAGA/STANDARD]

East African Cables has landed a lucrative Sh20.2 billion contract with Kenya Power to supply cables that will be used in the Last Mile Connectivity programme.

Kenya Power has been importing cables from Chinese and Indian manufacturers, spending billions of shillings a year to purchase copper transmission wires, which are required to connect electricity to households and industries.

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