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 CEO Joseph Siror during the announcement of Kenya power financial results and investor briefing. [David Gichuru, Standard]
Kenya Power has bounced back to profitability, recording a Sh30.8 billion profit after tax in the year ended June 2024, from a loss of Sh3.2 billion in the same period last year.
The profit is largely due to strengthening of the Kenyan shilling, which now trades at Sh129 against the USD.
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