This archive report was first published on 19 November 2019.
Kenya Power has joined the growing list of companies cutting costs to stay afloat. In a memo to staff, the power firm announced that it would no longer provide afternoon tea from December 1, 2019.
According to the memo, the decision was made as part of the company's efforts to manage various costs and turn around the business. The move is expected to save the company some coins.
Kenya Power's new CEO, Bernard Ngugi, who took over from Jared Otieno in October, is leading the cost-cutting efforts. Ngugi, an accountant by profession, previously served as head of procurement and General Manager Supply Chain.
As the company navigates through tough times, management is seeking the support and cooperation of staff to implement the necessary changes.
Kenya Power's decision to cut costs comes at a time when the company is undergoing significant changes. The power firm kicked off a search for a new CEO in October, following the ousting of Dr. Ken Tarus in July.
