"forex charges will drop to Sh1.4 per kwh from Sh2.12, according to information on pre-paid power tokens purchased this week."
'Mr Joseph Njoroge, the managing director of Kenya Power, has also said that he expects power costs to keep dropping
should the shilling strengthen further.'
guru, I am dying to know what caused this drop in forex charges. Or it to put it more simple, what has caused the shilling to strengthen against the dollar?
A simple and concise answer will suffice.
NOTE: I am asking specifically about the exchange rate and not bei ya chakula or rain filling dams.
GOD BLESS YOUR LIFE