John Mutua

The deal will be a win for Noc given that the firm will get much-needed funds to revamp its collapsed network and help it compete in the local market.

Government-owned vehicles will solely refuel using automated card systems and stay monitored through digital trackers in proposed changes by the National Treasury aimed at curbing operational costs.

Kenya Power has returned to profitability, posting a net profit of Sh30.08 billion on the back of increased sales and a strong shilling that reduced its costs.

Kenya Power has resumed paying dividends, ending a six-year drought for shareholders, after the firm posted a net profit of Sh30.08 billion in the year ended June.

The move to effect changes comes at a time when the government is battling to contain the increasing number of cases of conflict of interest pitting State officials who secure tenders across the...

Previously, the telecoms operators paid Sh2.3 billion to the industry regulator for their 10-year permits.

The market got perplexed how the firm emerged from a loss of Sh3.19 billion to a Sh30 billion profit. What was the magic?

Kenya Power has dropped plans to tap private firms to connect customers in the informal settlements and collect bills, following advice from the State House and the parent ministry.

The Cabinet in May last year directed Kenya Power to transfer part of its transmission assets to Ketraco in a push to help the electricity distributor clear debts.

Muhoroni GT is one of the most expensive thermal power plants and sold a unit of electricity to Kenya Power at Sh56.73 under its PPA that lapsed last year.