This archive report was first published on 14 July 2020.
Kenya Power has been struggling with poor financial performance and rampant corruption, leading to a significant decline in profits.
On Monday, the government took steps to address the issue by removing several board members, including Adil Khawaja, Kairo Thuo, Wilson Kimutai, Brenda Kokoi, and Zipporah Kering.
According to a statement issued by Kenya Power, the company would like to sincerely thank the directors for their commitment and dedicated services and wishes them the best in their future endeavors.
The government's move comes after the prosecution of two former managing directors, Ben Chumo and Ken Tarus, exposed the extent of corruption at the firm.
As reported in June, the company's profits fell by 92% from Ksh3.27 billion to Ksh262 million in the year ended June 2019, raising questions about the running of the organization.
The company attributed the decline in profits to the rise in non-fuel power purchase costs from Ksh52.795 billion to Ksh70.878 billion.
Published on July 14, 2020, the article highlights the government's efforts to revive Kenya Power and address the issue of corruption within the company.
