Kenya Power workers have suspended their planned strike which had been set for October. They have, however, agreed on a one-month negotiation with the Ministry of Energy and the Kenya Power management. They were protesting KPLC’s board inference in the management of the company’s Safaricom Grid proposal which the union
Longhorn Publishers’ stocks edged up 3.5 percent Friday to emerge among top gainers on the Nairobi Securities Exchange (NSE) when it traded Ksh.4.14 per share on Friday. This is after the publisher reported jump in profitability of Ksh.7.5 million for the year ended June 30, 2021 from a loss of
The Kenya Power Lighting and Company (KPLC) senior board members appeared before the National Assembly on Thursday but it did not end so well. They appeared before the National Assembly Energy Committee to answer questions on the new scandal at the power distributor. Chairman of the Committee David Gikaria was, however, forced
Rabai Power Limited (RPL) has dismissed any underhand dealings with the Energy Petroleum and Regulatory Authority (EPRA) and the Kenya Power Lighting Company (KPLC) in the recent witnessed high costs of energy. This follows the ongoing probe over the huge disparity between the amount Kenya Power pays to Independent
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 on Tuesday. “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
