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Kenya: Kenya Power Names New Chief Following Ngugi's Unexpected Exit
Capital FM, 4 August 2021
Kenya Power has appointed Rosemary Oduor as the Acting Managing Director, replacing Bernard Ngugi whose exit has been been abruptly announced after two years of service at the helm… Read more »
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Kenya: Kenya Power MD Bernard Ngugi Resigns
Nation, 4 August 2021
Kenya Power managing director Bernard Ngugi has resigned after serving at the helm for almost two years. Read more »
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Kenya: How Kenya Power Sank From Making Billions in Profits to Financial Darkness
Nation, 5 August 2021
When Mr Bernard Ngugi was appointed the Kenya Power chief executive officer on October 29, 2019, he promised to ensure the company's business sustainability and make money for the… Read more »
Managing Director of 'Broke' Kenya Power Quits
Kenya Power managing director Bernard Ngugi has reportedly resigned after serving the country's sole power distribution company for almost two years.
He has been replaced with Rosemary Oduor, who was general manager commercial services and sales, in an acting capacity.
Sources familiar with the events leading to his exit have reportedly said he handed in his resignation on August 3, 2021 after a tense and stormy board meeting.
The utility firm has in recent years been faced with a myriad of challenges including huge losses, debts, staff shortages, high operation costs and contracts with independent power producers that have left it operating at losses.
InFocus
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Kenya Power has reportedly launched a self-service portal that will enable customers to apply for electricity connections online following a pilot phase that processed 7,000 ... Read more »
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Businesses that incur financial losses due to power blackouts will receive compensation from Kenya Power if proposed regulations by the energy regulator are adopted. The draft ... Read more »
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Kenya Power is technically insolvent and requires a government bailout to stay afloat. The latest report by Auditor-General Nancy Gathungu indicates that for the year ending June ... Read more »
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Confidential documents shared among energy stakeholders reportedly show that parastatals, national and county governments have a pending electricity bill of over U.S.$43 million as ... Read more »
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A Jersey court has revealed details of how former Kenya Power managing director, Samuel Gichuru and former cabinet minister Chris Okemo allegedly hid the loot from ghost power ... Read more »
