Lessons from SA power firm’s record loss

Kenya is reviving its plan to construct a Sh1 trillion nuclear power generation plant. FILE PHOTO | NMG

Last week, South Africa’s state-run electricity power utility, Eskom, announced a record loss of 20.7 billion rand (Sh145 billion), an increased loss of almost 800 percent from the 2017/2018 financial year.

Looking at the rise and fall of Eskom, there are a lot of lessons for Kenya to learn from.

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