Kenya Power found itself in the deep financial hole after more than 880,000 households that were supplied with electricity and had prepaid meters fitted did not consume the power, and did not pay for it.
https://www.businessdail...78676-bb1m98/index.html
I am so glad I bailed out of KPLC (& other GoK-controlled firms) years ago.
Stick with sensible private sector firms. Do not fall in love with the shares of any single firm though. When circumstances change, change your portfolio too.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett