https://www.businessdailyafrica.com/bd/economy/imf-renews-push-for-kenya-power-board-shake-up--4310286The International Monetary Fund (IMF) wants the State to shake up the Kenya Power board and settle at least Sh26 billion owed to the utility as part of reforms to steady the electricity distributor.
The government last month committed to clear some Sh19.4 billion owed to Kenya Power under the Rural Electrification Scheme and is yet to pay the utility Sh7 billion as compensation for last year’s 15 percent electricity tariff cuts.
what happened to kenya airways is about to happen to KPLC shareholders, conversion of debt to equity and massive dilution
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope