Keter: Struggling Kenya Power surviving on Bank drafts
Cabinet Secretary for Energy Charles Keter has told the Senate Committee that Kenya Power is in serious financial turmoils and only surviving on short loans and …
314 stories · Updated Apr 24, 2026
The loss making Kenya Power is now blaming its massive losses to the consumers' growing shift from it's expensive electricity to cheap solar energy. The electricity retailer is also accusing heavy-consuming industrialists of resorting to other …
Cabinet Secretary for Energy Charles Keter has told the Senate Committee that Kenya Power is in serious financial turmoils and only surviving on short loans and …
The loss making East African Portland Cement Company’s (EAPCC) plot to convert all its permanent employees to temporary employees with a pay cut of 50% has …
New data shows that electricity consumers in Kenya will still pay for idle electricity despite the slowed demand. Contracted companies generated more that one billion kilowatt-hours …
Tala CEO Ivan Mbowa Exactly last month, nyakundireport.com wrote about how Tala loans is struggling to get back its money lent to Kenyans after the Central …
It has emerged that Treasury will spend Sh5 billion to compulsorily acquire Nairobi’s Railways Club as the government seeks land for the Nairobi Expressway Road Project. …
Electricity generator, Kenya Power , has sunk deeper into losses for the financial year ending June 2020 after recording the worst results in decades. The firm …
Recently, a visibly weary Ronald Karauri tried to revive the popular betting brand, now banned SPORTPESA , using a proxy firm-Milestone Games Limited- where he had …
Kenya has reached out to the International Monetary Fund ( IMF ) for the second time in less than six months for more loans to cushion …
Dutch brewers, Heineken, has challenged a Sh1.79 billion compensation bill imposed on it for terminating a distribution deal with Maxam Ltd, a company owned by tycoon …
The Ministry of Energy run by former Kericho Senator Charles Keter is set to hike consumer prices of electricity and petroleum products if Parliament adopts it's …
Five years after investing in Imperial bank’s Sh2 billion corporate bond, the investors were now supposed to be counting down to payday. However, Imperial Bank, whose …