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Tuesday, December 24, 2024

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Kenya Power and Lighting Company (KPLC) has elected seven new directors.

The new directors were elected on Friday, December 16 during the company’s Annual General Meeting held virtually.

The polls had attracted 11 contestants, but only seven made through the cut.

They are National Treasury Principal Secretary Chris Kiptoo, National Treasury and Planning CS Prof Njuguna Ndung’u and Duncan Oburu Ojwang’.

Others are Albert Mugo, Logan Christi Hambrick, Joy Brenda Masinde and Veska Jepkemboi Kangogo.

The new directors include three people who are close to President William Ruto and played a role or two in the Kenya Kwanza campaigns.

For instance, Mugo and Ojwang were members of the UDA Electoral and Nomination Dispute Resolution Committee.

The two were also among Ruto allies who appeared on TV talk-shows to speak in favour of the Head of State.

On the other hand, Christi, is among lawyers who worked with Ruto when he appeared before The International Criminal Court (ICC).

The new directors are set to attend their maiden board meeting at Stima Plaza in Nairobi where they will officially be issued with appointment letters.

As earlier reported on WoK, the Energy and Petroleum Regulatory Authority (Epra) raised electricity prices by 5.2 percent.

Notably, this is the third time the energy regulator is increasing electricity prices in four months.

Epra raised the fuel cost charge from Ksh 6.36 per unit to Ksh 7.12 per unit, and the foreign exchange rate fluctuation adjustment (Ferfa) from Ksh 1.41 to Ksh 2.07 per unit.

The new development is contained in a gazette notice signed by Epra Director-General Daniel Kiptoo.

“Pursuant to Clause 1 of Part III of the Schedule of Tariffs 2018, notice is given that all prices for electrical energy specified in Part II of the said Schedule will be liable to a fuel energy cost charge of plus 712 Kenya cents per kWh for all meter readings to be taken in December 2022,” read the notice.