18 October 2018

Kenya: CS Keter Extends Term of Kenya Power Acting MD

Nairobi — Energy Cabinet Secretary Charles Keter has extended the mandate of the interim management team at Kenya Power for two more months.

The appointments, which include Engineer Jared Omondi Otieno appointment as acting Managing Director, were made after the prosecution of the firm's managers over corruption charges.

Those who were charged include Ken Tarus who headed the organization and Ben Chumo, a former Managing Director.

The Director of Public Prosecution Noordin Haji ordered the arrest of the firm's managers over procurement of defective transformers and irregularities in pre-qualifying 525 companies for labour and transport contracts.

Kenya

Pain for Consumers as Shilling Hits 103 to the U.S. Dollar

The Kenyan shilling Thursday continued its slide against the US dollar, touching a new mean of 103 -- the lowest rate… Read more »

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