NAIROBI, KENYA: The Kenya Power has appointed five new directors to its board replacing the team that quit last week Monday. Among the new board members include industrialist Sachen Gudka, who recently served as the chairman Kenya Association of Manufacturers (KAM). The new board members are drawn from different fields including the upstream oil industry, legal services, and banking. SEE ALSO: High operation costs and defaults deepen Kenya Power woesKPLC’s profit after tax dipped by 92 per cent for the financial year ending June 30, 2019. Net profit fell to Sh260 million in the year to June 2019 from Sh3.3 billion reported in the previous financial year.

Source: Standard Digital July 21, 2020 11:16 UTC