Kenya Power’s bid to charge consumers higher tariffs flops

Looks like that cashflow will keep depleting as they replace their really really faulty old grid and pay for new power. No dividend increase anytime soon

10 bob printed

what else do you expect, market responding to dramatic increased risk in this firms business model. ipps(idependent power producers) are the next black hole in kplc's financial owes. they are more likely to meter hot air power and and only for kplc to blame lost sales on illegal connections. how do u account for the huge increase in power losses between units sold to kplc and those sold to consumers. kplc simply is open to metering and paying for hot air kilowatts(killer bills). transformers azileti pesa because they are on top of high voltage power lines, so the thieves have learnt how to make more and easy money, just get hooked to the victims aorta for a taste of the bloody life.
single digit it is.
only ipps will be making money from kplc, and supplier's. horribly, shareholder anajipanga.