Market forces - who is Kenya Power competing with?That is what happens when you deny firms government subsidies; they now have to deal with market forces.
Market forces means people choose not to use power in some ways (reduce consumption) as it becomes more expensive. Same thing with fuel.Market forces - who is Kenya Power competing with?
I have a house along one of the erstwhile busy bypass , the amount of traffic as compared to some time ago, has a huge difference.Market forces means people choose not to use power in some ways (reduce consumption) as it becomes more expensive. Same thing with fuel.
@upepo,That is what happens when you deny firms government subsidies; they now have to deal with market forces.
Sheesh! Ulikua wapi when they were loss making during the reign of those unalamba mikundu? Even after a government bailout of 6B imagine! Or is it a case of selective amnesia? Are there people depending on you by the way?A monopoly like Kenya Power should never suffer losses. Not here and not on the moon.