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Mumias FY 2014
Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Njung'e wrote:The
government shouldn't bail this one without an audit report of the last 10
years.It would shock optimists......coming back?hard decisions....it's
D-Day. You all should listen to the SUGAR DON "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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Brace yourselves for even more harder time. According to the Sunday Nation, Mumias "Pepper" Company will retrench half of its work force as part of the recovery plan. Those court cases, compensations, severance pays, etc etc etc. KQ style. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Veteran Joined: 4/23/2014 Posts: 931
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dunkang wrote:Brace yourselves for even more harder time.
According to the Sunday Nation, Mumias "Pepper" Company will retrench half of its work force as part of the recovery plan.
Those court cases, compensations, severance pays, etc etc etc. KQ style. Might not be so bad, https://www.standardmedi...ith-an-uncertain-future
Lets give them time to sort themselves out. “You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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HaMaina wrote:dunkang wrote:Brace yourselves for even more harder time.
According to the Sunday Nation, Mumias "Pepper" Company will retrench half of its work force as part of the recovery plan.
Those court cases, compensations, severance pays, etc etc etc. KQ style. Might not be so bad, https://www.standardmedi...ith-an-uncertain-future
Lets give them time to sort themselves out. Mumias will have troubles it seem. Listening to that fellow, he is saying that its a lie they are not retrenching 400 people, but they only need 1,000 employees of the current 1,900. Sema double speak. Or he meant, we are sacking 900, not 400? Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Veteran Joined: 4/23/2014 Posts: 931
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dunkang wrote:HaMaina wrote:dunkang wrote:Brace yourselves for even more harder time.
According to the Sunday Nation, Mumias "Pepper" Company will retrench half of its work force as part of the recovery plan.
Those court cases, compensations, severance pays, etc etc etc. KQ style. Might not be so bad, https://www.standardmedi...ith-an-uncertain-future
Lets give them time to sort themselves out. Mumias will have troubles it seem. Listening to that fellow, he is saying that its a lie they are not retrenching 400 people, but they only need 1,000 employees of the current 1,900. Sema double speak. Or he meant, we are sacking 900, not 400? This was on Friday 12th Sept 2014 on KTN. https://www.youtube.com/watch?v=E4mJr77T2cY
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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Rank: Veteran Joined: 4/23/2014 Posts: 931
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Interesting article to read. http://www.businessdaily...2/-/y5jgtjz/-/index.html“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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[quote=HaMaina]Interesting article to read. http://www.businessdaily.../-/y5jgtjz/-/index.html[/quote] Compare & contrast. Post #302 Jan. 09 2014 http://www.wazua.co.ke/f...sts&t=19229&p=16
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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@dunkang called it. A sober piece of journalism: Trouble in Mumias Sugar as workers threaten to sue over restructuring Read more at: http://www.standardmedia...-sue-over-restructuring
The company probably should be thrown under the bus altogether. The stakeholders involved, solutions proposed; it could take a miracle.
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Rank: Member Joined: 2/8/2007 Posts: 808
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Those employees are not exactly thinking beyond the shock of loosing a job. They should be pushing for a competitive package else they could in the longer run end up with nothing kighafla ala pan paper employees. Lakini this sugar issue should be put in the referendum pia. A whole society is being impoverished hivi hivi tukiona through warped policy.
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Rank: Veteran Joined: 11/21/2006 Posts: 1,590
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The KANU-types destroy, others have to rebuild Sehemu ndio nyumba
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