Sunday November 25, 2018-The Kenya Power and Lighting Company (KPLC) has issued a stern warning over late bill payment after it reported a dip in profits by 60%.
Speaking on Friday, KPLC acting CEO, Jared Othieno, stated that the entity will be tougher when chasing for late bill payments; reducing the provisions for debt from 58 days to 30 days.
This, according to Othieno, will return the Kenya Power to profitability again.
“We are going to ensure that the moment we bill you, then we shall come for our debt.”
“We are going to engage in a more aggressive collection policy, where we are not only going to start collecting those which are due, but also internally,” Othieno stated.
In July, KPLC faced a major setback after the Director of Public Prosecutions ordered for the arrest of its 14 bosses over myriad corruption allegations.
The Kenyan DAILY POST