Category: resists
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World Bank resists push to end Kenya Power monopoly
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The World Bank has warned the Kenyan government as it seeks to end Kenya Power’s monopoly on selling electricity to homes and businesses, saying exposing the utilities to competition would lead to higher electricity prices. Bretton Woods believes allowing other companies to sell power also risks the Nairobi Stock Exchange-listed…
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Doubts grow over release of long-awaited HBOS scandal report as Lloyds resists full disclosure
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An independent review into whether Lloyds Banking Group concealed a £1bn fraud linked to HBOS may not be fully disclosed, sparking accusations that the bank “cannot face the truth”. The review, led by Dame Linda Dobbs, examines Lloyd’s response to a fraud scandal at the Reading branch of HBOS. The…