Kenya Power and Lighting Company (KPLC) plans to lay off an unspecified number of employees from its 10,481 workforce.
The power distributor claims that the move is informed by its current financial woes which have affected its ability to run sustainably and deliver services to
Bernard Ngugi has been appointed as the new Kenya Power CEO
following the ouster of Ken Tarus over graft allegations in July last year.
Mr. Ngugi, who was formerly the General Manager, Supply
Chain, was selected following a competitive recruitment process, the Board said
“We believe that Mr
Kenya Power and Lighting Company (KPLC) has issued a notice that its net earnings for the financial year ended June 30 2019 are projected to decline by 25 percent.
In a public notice to shareholders, the utility which is
listed on the Nairobi Securities Exchange (NSE), attributed