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Kenya Power shows signs of recovery


Issue 434 - 11 Mar 2021

Kenya Power is showing signs of recovery after posting a pre-tax profit of Ksh332m ($3m) in its half-year results for July-December 2020, following a loss of Ksh7bn for the full year to June 2020. The power distributor said it expected to sustain the same trajectory into the second half of the financial year. Electricity sales are expected to keep rising as the economy recovers from the impact of the coronavirus pandemic.

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