Kiharu MP Ndindi Nyoro has sold part of his long-running investment in Kenya Power, offloading 3.08 million shares valued at Ksh 37.8 million in the six months to June 2025. The move slightly reduced his holdings but did not shake his position as the electricity distributor’s top individual investor.
Nyoro’s stake now stands at 26.9 million shares, down from 30 million in December 2024. At Kenya Power’s closing price of Ksh 12 as of December 4, 2025, the MP’s remaining shares are valued at approximately Ksh 322.8 million a major jump from previous years driven by the company’s return to profitability and improved dividend payouts.
The legislator first bought his shares when the stock traded at much lower levels, steadily increasing his portfolio over the years. Kenya Power’s share price has since surged nearly eight-fold, peaking at Ksh 15.8 in October 2025, boosting long-term investors who bought in during the utility’s troubled years.
Other individual investors have also grown their positions this year. James Ochieng Ooko added 1.39 million shares to reach 13.67 million units, while Nehemia Ikuah purchased an additional 1.29 million shares, bringing his total to 11.27 million.
Kenya Power reported a profit of Ksh 24.47 billion in the 2024/2025 financial year, supported by total revenues of Ksh 219.29 billion. The board recommended a final dividend of Ksh 0.80 per share, on top of an earlier interim payout of Ksh 0.20, marking the second year of renewed shareholder rewards. Board chairperson Joy Brenda Masinde said the improved performance reflects the utility’s ongoing recovery and transformation plan.
