The Jubilee government’s race to connect poor households to the national electricity grid in the run-up to last year’s election left Kenya Power #ticker:KPLC with Sh2.8 billion bad debts, the latest audit of the company’s books found.
Kenya Power found itself in the deep financial hole after more than 880,000 households that were supplied with electricity and had prepaid meters fitted did not consume the power, and did not pay for it.