
President William Ruto has announced a preferential electricity rate of Ksh10 per kilowatt-hour for investors operating in Kenya's Special Economic Zones, in a bid to boost industrial competitiveness. He confirmed the subsidised tariff at State House, Nairobi, on September 8 during the signing of a private development agreement for the Mombasa Special Economic Zone. The measure targets energy costs to attract regional and global manufacturing investment.
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