The 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.
