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Kenya Re - 2018 and beyond
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VituVingiSana
#131 Posted : Tuesday, June 05, 2018 3:57:46 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Ebenyo wrote:
murchr wrote:
A court has directed Kenya Reinsurance Corporation and its former Managing Director Jadiah Mwarania to settle their dispute out of court.


This is good directive.It will end the long protracted legal battle.
Mwarania should be paid his dues,then the company to hire a new MD and the issue will be over.
Under the polarised environment,mwarania cant work with the current board effectively.

This is not a good outcome. In essence, the Board can "buy out" Mwarania and then move on to looting KenRe.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ericsson
#132 Posted : Tuesday, June 05, 2018 4:27:18 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
Ebenyo wrote:
murchr wrote:
A court has directed Kenya Reinsurance Corporation and its former Managing Director Jadiah Mwarania to settle their dispute out of court.


This is good directive.It will end the long protracted legal battle.
Mwarania should be paid his dues,then the company to hire a new MD and the issue will be over.
Under the polarised environment,mwarania cant work with the current board effectively.

This is not a good outcome. In essence, the Board can "buy out" Mwarania and then move on to looting KenRe.


Who told you Mwarania is clean?
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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muandiwambeu
#133 Posted : Tuesday, June 05, 2018 7:34:30 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
Ericsson wrote:
VituVingiSana wrote:
Ebenyo wrote:
murchr wrote:
A court has directed Kenya Reinsurance Corporation and its former Managing Director Jadiah Mwarania to settle their dispute out of court.


This is good directive.It will end the long protracted legal battle.
Mwarania should be paid his dues,then the company to hire a new MD and the issue will be over.
Under the polarised environment,mwarania cant work with the current board effectively.

This is not a good outcome. In essence, the Board can "buy out" Mwarania and then move on to looting KenRe.


Who told you Mwarania is clean?

Me, of coarse, why do you doubt! Look at the diarrhea @knre post Mwarania agitation and infer the intentions of the lurking hyenas. Only skeletons will be left of this fat tailed lamb by day end. Somebody has been salaviting all a long and here came in wound Forte mwarania. Dice is cast, mti mkuu ukiangukia viota ndege wanjiku uwa masikiniDrool Drool Drool Drool
,Behold, a sower went forth to sow;....
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Ericsson
#134 Posted : Tuesday, June 05, 2018 8:16:25 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
muandiwambeu wrote:
Ericsson wrote:
VituVingiSana wrote:
Ebenyo wrote:
murchr wrote:
A court has directed Kenya Reinsurance Corporation and its former Managing Director Jadiah Mwarania to settle their dispute out of court.


This is good directive.It will end the long protracted legal battle.
Mwarania should be paid his dues,then the company to hire a new MD and the issue will be over.
Under the polarised environment,mwarania cant work with the current board effectively.

This is not a good outcome. In essence, the Board can "buy out" Mwarania and then move on to looting KenRe.


Who told you Mwarania is clean?

Me, of coarse, why do you doubt! Look at the diarrhea @knre post Mwarania agitation and infer the intentions of the lurking hyenas. Only skeletons will be left of this fat tailed lamb by day end. Somebody has been salaviting all a long and here came in wound Forte mwarania. Dice is cast, mti mkuu ukiangukia viota ndege wanjiku uwa masikiniDrool Drool Drool Drool


Now that he's decided to take an out of court settlement and go for the money means its nishtaki nikushtaki
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Superprime1
#135 Posted : Thursday, June 21, 2018 3:02:05 PM
Rank: Member

Joined: 5/2/2018
Posts: 267
Wasn't Kenya Re's book closure supposed to be today? Looks like it'll hurtle down from here on....
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mulla
#136 Posted : Thursday, June 21, 2018 4:29:58 PM
Rank: Member

Joined: 6/15/2013
Posts: 301
Superprime1 wrote:
Wasn't Kenya Re's book closure supposed to be today? Looks like it'll hurtle down from here on....

It was Monday 18/06/2018.
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Ericsson
#137 Posted : Thursday, June 21, 2018 4:43:25 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
mulla wrote:
Superprime1 wrote:
Wasn't Kenya Re's book closure supposed to be today? Looks like it'll hurtle down from here on....

It was Monday 18/06/2018.



"To approve payment of a first and final dividend of KShs 0.85 per share for the financial year
ended 31st December 2017 to the shareholders registered in our books as at 21st June 2018
on or about 3rd August 2018, as recommended by the Board, and approve the closure of the Register of Members on 22nd June 2018."
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Pesa Nane
#138 Posted : Friday, June 22, 2018 11:22:53 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
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Ebenyo
#139 Posted : Friday, June 22, 2018 11:31:56 AM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
Pesa Nane wrote:



Now with this election,the politics of Kinyua and Mwarania is over.
These guys should move faster and recruit a new CEO immediately.
Mambo ya kortini iishe,Mwarania apewe pesa zake.Hio mambo iishie hapo.
Towards the goal of financial freedom
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VituVingiSana
#140 Posted : Friday, June 22, 2018 3:43:12 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Pesa Nane wrote:

What GoK wants...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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