Kenya Re - 2018 and beyond - Page 18 - Stocks - Wazua

Welcome Guest

Wazua » Investor » Stocks » Kenya Re - 2018 and beyond

32 Pages«<1617181920>»

Kenya Re - 2018 and beyond

Options

Previous Topic · Next Topic

obiero		#171 Posted : Tuesday, July 24, 2018 11:50:46 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi		Angelica _ann wrote: 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. Even the Judiciary is being revisited.. Hapa ni kukaa kimya KQ ABP 4.26
Back to top		WWW \|
User Profile

Ebenyo		#172 Posted : Wednesday, July 25, 2018 5:24:47 PM
Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale		Ericsson wrote: https://www.businessdailyafrica.com/news/539546-4679768-jek0fsz/index.html Mwarania reported to office yesterday without any resistance by the board David kemei should then resign as board chair immediately. Towards the goal of financial freedom
Back to top		\|
User Profile

Superprime1		#173 Posted : Thursday, July 26, 2018 10:23:18 AM
Rank: Member Joined: 5/2/2018 Posts: 267		Ebenyo wrote: Ericsson wrote: https://www.businessdailyafrica.com/news/539546-4679768-jek0fsz/index.html Mwarania reported to office yesterday without any resistance by the board David kemei should then resign as board chair immediately. Kenya Re has placed an ad on Daily Nation pg4 today, as follows (sorry, can't successfully upload image!): PUBLIC ANNOUNCEMENT The Court on 20th July 2018 made its decision to reinstate Mr. Jadiah Mwarania as the Managing Director of the Kenya Reinsurance Corporation Limited. The Corporation has appealed against the Court's decision. We assure our customers and other stakeholders that the Corporation will continue to render committed and dedicated service at all times. By Order of the Board Charles Kariuki Corporation Secretary I think this is taking it too far in wanton wastage of company resources, and minority shareholders should demand Kemei's removal! Who told him that we have a problem with Mwarania? He needs to leave and let KenyaRe make value for "customers and other stakeholders"!
Back to top		\|
User Profile

Ericsson		#174 Posted : Thursday, July 26, 2018 6:09:51 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		Superprime1 wrote: Ebenyo wrote: Ericsson wrote: https://www.businessdailyafrica.com/news/539546-4679768-jek0fsz/index.html Mwarania reported to office yesterday without any resistance by the board David kemei should then resign as board chair immediately. Kenya Re has placed an ad on Daily Nation pg4 today, as follows (sorry, can't successfully upload image!): PUBLIC ANNOUNCEMENT The Court on 20th July 2018 made its decision to reinstate Mr. Jadiah Mwarania as the Managing Director of the Kenya Reinsurance Corporation Limited. The Corporation has appealed against the Court's decision. We assure our customers and other stakeholders that the Corporation will continue to render committed and dedicated service at all times. By Order of the Board Charles Kariuki Corporation Secretary I think this is taking it too far in wanton wastage of company resources, and minority shareholders should demand Kemei's removal! Who told him that we have a problem with Mwarania? He needs to leave and let KenyaRe make value f or "customers and other stakeholders"! True superprime Chairman and the Company Secretary wasting the company's funds placing the advert Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
Back to top		WWW \|
User Profile

Ericsson		#175 Posted : Monday, July 30, 2018 7:17:46 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		Superprime1 wrote: Ebenyo wrote: Ericsson wrote: https://www.businessdailyafrica.com/news/539546-4679768-jek0fsz/index.html Mwarania reported to office yesterday without any resistance by the board David kemei should then resign as board chair immediately. Kenya Re has placed an ad on Daily Nation pg4 today, as follows (sorry, can't successfully upload image!): PUBLIC ANNOUNCEMENT The Court on 20th July 2018 made its decision to reinstate Mr. Jadiah Mwarania as the Managing Director of the Kenya Reinsurance Corporation Limited. The Corporation has appealed against the Court's decision. We assure our customers and other stakeholders that the Corporation will continue to render committed and dedicated service at all times. By Order of the Board Charles Kariuki Corporation Secretary I think this is taking it too far in wanton wastage of company resources, and minority shareholders should demand Kemei's removal! Who told him that we have a problem with Mwarania? He needs to leave and let KenyaRe make value for "customers and other stakeholders"! Appeal yet to be filed at the court's,the chairman is weighing his options whether he has a strong case Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
Back to top		WWW \|
User Profile

Ebenyo		#176 Posted : Monday, July 30, 2018 6:58:52 PM
Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale		Ericsson wrote: Superprime1 wrote: Ebenyo wrote: Ericsson wrote: https://www.businessdailyafrica.com/news/539546-4679768-jek0fsz/index.html Mwarania reported to office yesterday without any resistance by the board David kemei should then resign as board chair immediately. Kenya Re has placed an ad on Daily Nation pg4 today, as follows (sorry, can't successfully upload image!): PUBLIC ANNOUNCEMENT The Court on 20th July 2018 made its decision to reinstate Mr. Jadiah Mwarania as the Managing Director of the Kenya Reinsurance Corporation Limited. The Corporation has appealed against the Court's decision. We assure our customers and other stakeholders that the Corporation will continue to render committed and dedicated service at all times. By Order of the Board Charles Kariuki Corporation Secretary I think this is taking it too far in wanton wastage of company resources, and minority shareholders should demand Kemei's removal! Who told him that we have a problem with Mwarania? He needs to leave and let KenyaRe make value for "customers and other stakeholders"! Appeal yet to be filed at the court's,the chairman is weighing his options whether he has a strong case His case is very weak.Kenya Re has done well under Mwarania. Towards the goal of financial freedom
Back to top		\|
User Profile

obiero		#177 Posted : Monday, July 30, 2018 7:29:49 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi		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. Only a novice would imagine that the courts would return anyone to work.. Precedence litters these Kenyan corporate battle walkways.. Remember that the CEO reports into the board so if he/she cannot gain their trust/sympathy/comradeship it's the end of the road KQ ABP 4.26
Back to top		WWW \| \| Edit by user: Monday, July 30, 2018 7:32 PM \| Reason: Not specified
User Profile

Ericsson		#178 Posted : Monday, July 30, 2018 8:31:46 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		obiero 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. Only a novice would imagine that the courts would return anyone to work.. Precedence litters these Kenyan corporate battle walkways.. Remember that the CEO reports into the board so if he/she cannot gain their trust/sympathy/comradeship it's the end of the road Wangusi at CAK is an example where courts returned someone to work Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
Back to top		WWW \|
User Profile

obiero		#179 Posted : Monday, July 30, 2018 9:01:49 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi		Ericsson wrote: obiero 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. Only a novice would imagine that the courts would return anyone to work.. Precedence litters these Kenyan corporate battle walkways.. Remember that the CEO reports into the board so if he/she cannot gain their trust/sympathy/comradeship it's the end of the road Wangusi at CAK is an example where courts returned someone to work His was a suspension, not dismissal https://www.the-star.co....er-unfair-staff_c1697438 KQ ABP 4.26
Back to top		WWW \|
User Profile

VituVingiSana		#180 Posted : Tuesday, August 07, 2018 4:10:57 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi		24th August Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
Back to top		\|
User Profile

32 Pages«<1617181920>»

Wazua » Investor » Stocks » Kenya Re - 2018 and beyond

Forum Jump

You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Watch this topic
Print this topic

Normal
Threaded