Energy and Petroleum Regulatory Authority agreed to Kenya Power’s tariff hike of at least 20 per cent. If implemented, the higher tariffs will aid Kenya Power’s turnaround efforts, but hurt household budgets and raise the already high cost of doing business in Kenya. Ken Gichinga, Chief Economist at Mentoria Economics joins CNBC Africa for more.
Kenya Power tariff hike: Here’s why it’s time to shift to renewable energy
PUBLISHED: Mon, 30 Nov 2020 10:11:47 GMT