Kenya power has reported a record-breaking after a tax profit of 30.5 Billion for 2023/24 financial year, this significant increase up from prior years is largely due to a 21% rise in electricity sales. Spurred by the addition of over 447,000 new connections and boosted demand in sectors like manufacturing. The strengthening of Kenya Shilling has also helped reduce kenya power’s costs related to foreign denominated power purchase adding to overall profitability. The utility aims to maintain this growth trajectory by focusing on Financial sustainability, operational improvement and customer service enhancement.
President Ruto Assures Resolution of Waqf Issues Amid Legal Clarifications by Muturi.
President William Ruto has acknowledged delays in addressing Waqf matters, blaming former Attorney General Muturi for incompetence. Speaking on March 25, Ruto assured the Muslim community that his administration, now…
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