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Spikes		#161 Posted : Monday, July 23, 2018 10:03:56 AM
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa		obiero wrote: Pesa Nane wrote: Ericsson wrote: Ebenyo wrote: Ericsson wrote: VituVingiSana wrote: https://www.businessdailyafrica.com/news/Court-reinstates-Kenya-Re-MD-Jadiah-Mwarania/539546-4672958-ldwl2y/index.html The Employment and Labour Relations Court has ordered the reinstatement of sacked Kenya Re managing director Jadiah Mwarania. Justice Byram Ongaya said he should also get full for payment for the period he was away and the board should not interfere or sabotage his job. The court noted that Mr Mwarania's termination was unfair as he was not given opportunity to be heard, finding that the alleged loss of trust and confidence was unfounded. Out of court negotiation failed. This is getting ugly.There will be no harmony and cohesion between the board and the MD.Productivity of the company will be affected. The board hardened its position when the court ordered for negotiation.They will now have several options: 1.Swallow their pride and accept Mwarania to serve his full contract which expires in 2021 2.Appeal the court decision. 3.The board members behind Mwarania sacking to resign The obvious will happen.The chairman will be removed if he doesn't mend fences with Mwarania. Mwarania may never see the inside of his former office but the judgement gives him an upper-hand to 'amicably" part ways with Ken-Re. cc. ThatKQthief, ThatUchumiShopLifter, FormThari4D This is obviously true and the only way forward @ Obiero have you sworn by your appendix that it'll happen? And then we thank you later. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Superprime1		#162 Posted : Monday, July 23, 2018 10:52:42 AM
Rank: Member Joined: 5/2/2018 Posts: 267		Spikes wrote: obiero wrote: Pesa Nane wrote: Ericsson wrote: Ebenyo wrote: Ericsson wrote: VituVingiSana wrote: https://www.businessdailyafrica.com/news/Court-reinstates-Kenya-Re-MD-Jadiah-Mwarania/539546-4672958-ldwl2y/index.html The Employment and Labour Relations Court has ordered the reinstatement of sacked Kenya Re managing director Jadiah Mwarania. Justice Byram Ongaya said he should also get full for payment for the period he was away and the board should not interfere or sabotage his job. The court noted that Mr Mwarania's termination was unfair as he was not given opportunity to be heard, finding that the alleged loss of trust and confidence was unfounded. Out of court negotiation failed. This is getting ugly.There will be no harmony and cohesion between the board and the MD.Productivity of the company will be affected. The board hardened its position when the court ordered for negotiation.They will now have several options: 1.Swallow their pride and accept Mwarania to serve his full contract which expires in 2021 2.Appeal the court decision. 3.The board members behind Mwarania sacking to resign The obvious will happen.The chairman will be removed if he doesn't mend fences with Mwarania. Mwarania may never see the inside of his former office but the judgement gives him an upper-hand to 'amicably" part ways with Ken-Re. cc. ThatKQthief, ThatUchumiShopLifter, FormThari4D This is obviously true and the only way forward @ Obiero have you sworn by your appendix that it'll happen? And then we thank you later. The judgement is an indictment on David Kemei, the chairman. He should fall casualty of Mwarania's reinstatement; with such errors of judgement, he won't last long here even if the latter doesn't return.
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Ericsson		#163 Posted : Monday, July 23, 2018 10:56:56 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		Superprime1 wrote: Spikes wrote: obiero wrote: Pesa Nane wrote: Ericsson wrote: Ebenyo wrote: Ericsson wrote: VituVingiSana wrote: https://www.businessdailyafrica.com/news/Court-reinstates-Kenya-Re-MD-Jadiah-Mwarania/539546-4672958-ldwl2y/index.html The Employment and Labour Relations Court has ordered the reinstatement of sacked Kenya Re managing director Jadiah Mwarania. Justice Byram Ongaya said he should also get full for payment for the period he was away and the board should not interfere or sabotage his job. The court noted that Mr Mwarania's termination was unfair as he was not given opportunity to be heard, finding that the alleged loss of trust and confidence was unfounded. Out of court negotiation failed. This is getting ugly.There will be no harmony and cohesion between the board and the MD.Productivity of the company will be affected. The board hardened its position when the court ordered for negotiation.They will now have several options: 1.Swallow their pride and accept Mwarania to serve his full contract which expires in 2021 2.Appeal the court decision. 3.The board members behind Mwarania sacking to resign The obvious will happen.The chairman will be removed if he doesn't mend fences with Mwarania. Mwarania may never see the inside of his former office but the judgement gives him an upper-hand to 'amicably" part ways with Ken-Re. cc. ThatKQthief, ThatUchumiShopLifter, FormThari4D This is obviously true and the only way forward @ Obiero have you sworn by your appendix that it'll happen? And then we thank you later. The judgement is an indictment on David Kemei, the chairman. He should fall casualty of Mwarania's reinstatement; with such errors of judgement, he won't last long here even if the latter doesn't return. Handshake manenos and plus he's arap singh guy Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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wukan		#164 Posted : Monday, July 23, 2018 12:10:31 PM
Rank: Veteran Joined: 11/13/2015 Posts: 1,654		VituVingiSana wrote: Ericsson wrote: murchr wrote: Ericsson wrote: VituVingiSana wrote: https://www.businessdailyafrica.com/news/Court-reinstates-Kenya-Re-MD-Jadiah-Mwarania/539546-4672958-ldwl2y/index.html The Employment and Labour Relations Court has ordered the reinstatement of sacked Kenya Re managing director Jadiah Mwarania. Justice Byram Ongaya said he should also get full for payment for the period he was away and the board should not interfere or sabotage his job. The court noted that Mr Mwarania's termination was unfair as he was not given opportunity to be heard, finding that the alleged loss of trust and confidence was unfounded. Out of court negotiation failed. Good Ruto guys should resign @vvs So now the counter should go back to ksh.20? The NAV is 38 and I will wait patiently for a payday at a much higher price than 20/- tena umerudi nyumbani...these GoK firms will batter you to pulp.
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VituVingiSana		#165 Posted : Monday, July 23, 2018 4:22:43 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi		wukan wrote: VituVingiSana wrote: Ericsson wrote: murchr wrote: Ericsson wrote: VituVingiSana wrote: https://www.businessdailyafrica.com/news/Court-reinstates-Kenya-Re-MD-Jadiah-Mwarania/539546-4672958-ldwl2y/index.html The Employment and Labour Relations Court has ordered the reinstatement of sacked Kenya Re managing director Jadiah Mwarania. Justice Byram Ongaya said he should also get full for payment for the period he was away and the board should not interfere or sabotage his job. The court noted that Mr Mwarania's termination was unfair as he was not given opportunity to be heard, finding that the alleged loss of trust and confidence was unfounded. Out of court negotiation failed. Good Ruto guys should resign @vvs So now the counter should go back to ksh.20? The NAV is 38 and I will wait patiently for a payday at a much higher price than 20/- tena umerudi nyumbani...these GoK firms will batter you to pulp. #BringMwaraniaBack This is my only GoK holding. I have been beaten black and blue on other GoK firms esp KQ. You can see the situation in most firms GoK runs or has significant managerial influence. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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Ericsson		#166 Posted : Monday, July 23, 2018 4:35:45 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		Kenya Re Commercial Mortgage Scheme allows members of the public to acquire homes of their choice at an affordable interest rate of 14% per annum. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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sparkly		#167 Posted : Monday, July 23, 2018 5:05:44 PM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		VituVingiSana wrote: wukan wrote: VituVingiSana wrote: Ericsson wrote: murchr wrote: Ericsson wrote: VituVingiSana wrote: https://www.businessdailyafrica.com/news/Court-reinstates-Kenya-Re-MD-Jadiah-Mwarania/539546-4672958-ldwl2y/index.html The Employment and Labour Relations Court has ordered the reinstatement of sacked Kenya Re managing director Jadiah Mwarania. Justice Byram Ongaya said he should also get full for payment for the period he was away and the board should not interfere or sabotage his job. The court noted that Mr Mwarania's termination was unfair as he was not given opportunity to be heard, finding that the alleged loss of trust and confidence was unfounded. Out of court negotiation failed. Good Ruto guys should resign @vvs So now the counter should go back to ksh.20? The NAV is 38 and I will wait patiently for a payday at a much higher price than 20/- tena umerudi nyumbani...these GoK firms will batter you to pulp. #BringMwaraniaBack This is my only GoK holding. I have been beaten black and blue on other GoK firms esp KQ. You can see the situation in most firms GoK runs or has significant managerial influence. Kenya Re behaves like a monkey but I am afraid of dumping it then seeing it zoom over 30. Life is short. Live passionately.
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Ericsson		#168 Posted : Tuesday, July 24, 2018 11:01:14 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		sparkly wrote: VituVingiSana wrote: wukan wrote: VituVingiSana wrote: Ericsson wrote: murchr wrote: Ericsson wrote: VituVingiSana wrote: https://www.businessdailyafrica.com/news/Court-reinstates-Kenya-Re-MD-Jadiah-Mwarania/539546-4672958-ldwl2y/index.html The Employment and Labour Relations Court has ordered the reinstatement of sacked Kenya Re managing director Jadiah Mwarania. Justice Byram Ongaya said he should also get full for payment for the period he was away and the board should not interfere or sabotage his job. The court noted that Mr Mwarania's termination was unfair as he was not given opportunity to be heard, finding that the alleged loss of trust and confidence was unfounded. Out of court negotiation failed. Good Ruto guys should resign @vvs So now the counter should go back to ksh.20? The NAV is 38 and I will wait patiently for a payday at a much higher price than 20/- tena umerudi nyumbani...these GoK firms will batter you to pulp. #BringMwaraniaBack This is my only GoK holding. I have been beaten black and blue on other GoK firms esp KQ. You can see the situation in most firms GoK runs or has significant managerial influence. Kenya Re behaves like a monkey but I am afraid of dumping it then seeing it zoom over 30. The bus has departed. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Ericsson		#169 Posted : Tuesday, July 24, 2018 10:10:41 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		https://www.businessdail...9768-jek0fsz/index.html Mwarania reported to office yesterday without any resistance by the board Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Angelica _ann		#170 Posted : Tuesday, July 24, 2018 10:37:32 PM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		Ericsson wrote: https://www.businessdailyafrica.com/news/539546-4679768-jek0fsz/index.html Mwarania reported to office yesterday without any resistance by the board Board boxed by Mau tingz. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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