Kenya’s Ministry of Energy announced a 15 percent reduction in power costs in the east African nation, handing relief to thousands of homes and industries burdened by high cost of living and production The ministry in a statement released in the capital Nairobi said the reduction takes effect immediately and would cover the entire 2022 period.
“The tariff reduction is a fulfillment of a commitment made by President Uhuru Kenyatta to the nation, that the first tranche of reduction, 15 percent, will be reflected in the bills covering the end of the year in 2021,” said the ministry.
The government institution observed that the reduction will boost livelihoods and economic growth by reducing the cost of living, putting more money in Kenyans’ pockets and reducing the cost of doing business. — Xinhua
