The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Kenya Power Managing Director and CEO Dr (Eng) Joseph Siror speaking during the Q2 operational report. [Wilberforce Okwiri, Standard]
The new power tariff that came into effect in April last year and increased electricity consumption by Kenyans have lifted Kenya Power back to profit-making over the half year to December.
The firm also shrugged off a major hit from the weakening of the shilling last year that had the impact of doubling its finance costs over six months.
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