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hisah		#551 Posted : Thursday, September 06, 2012 5:16:42 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		578 workers retired as KQ completes staff cuts - http://www.capitalfm.co....kq-completes-staff-cuts/ $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Aguytrying		#552 Posted : Thursday, September 06, 2012 8:47:41 PM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		[quote=hisah]578 workers retired as KQ completes staff cuts - http://www.capitalfm.co....q-completes-staff-cuts/[/quote] ouch! capitalism is cruel, but is the only way to survive The investor's chief problem - and even his worst enemy - is likely to be himself
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youcan'tstopusnow		#553 Posted : Thursday, September 13, 2012 10:01:00 PM
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa		Retrenched staff of national carrier Kenya Airways have petitioned Parliament to nullify their sacking and reinstate all the affected workers unconditionally. Through a petition tabled by Naivasha MP John Mututho, the over 500 employees that were laid off by the KQ management also asked the House to constitute an ad-hoc committee to investigate Mr Titus Naikuni, the airline's chief executive officer. The petition signed by 74 employees said Dr Naikuni should be investigated on issues to do with the outsourcing of various functions to external companies, hiring of expatriates to take over jobs traditionally held by Kenyans and “other unethical practices". http://www.businessdaily.../-/t5cwqhz/-/index.html GOD BLESS YOUR LIFE
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youcan'tstopusnow		#554 Posted : Thursday, September 13, 2012 10:05:38 PM
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa		The employees claimed that the airline has irregularly outsourced functions to external companies where the CEO holds substantial interests through proxies, without due regard to the established competitive procurement procedures. “The CEO is on his way out and has attended an interview for position of CEO of Magadi Africa in South Africa which raises serious doubts whether he has the interest of the company at heart,” they claimed. They wondered why they were laid off when the company in the last one year has increased pay for its top executives by over 24 percent compared to 10 per cent for the unions. GOD BLESS YOUR LIFE
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hisah		#555 Posted : Thursday, September 13, 2012 10:52:31 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		KQ, KK, MTR, KAA, KPC, doctors strike, teachers strike... boiling pots abound and election fever has not yet checked in?! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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VituVingiSana		#556 Posted : Thursday, September 13, 2012 11:09:55 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi		hisah wrote: KQ, KK, MTR, KAA, KPC, doctors strike, teachers strike... boiling pots abound and election fever has not yet checked in?! politicians will pander to them since it is election time. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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tyjayden		#557 Posted : Monday, September 17, 2012 9:44:04 PM
Rank: New-farer Joined: 9/12/2012 Posts: 13		please recommend nganga 6105@gmail .com thanks in advance
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hisah		#558 Posted : Tuesday, September 18, 2012 6:43:25 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		GoK seeks to control KQ... http://www.nation.co.ke/.../-/159m8adz/-/index.html $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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mwekez@ji		#559 Posted : Tuesday, September 18, 2012 8:50:40 AM
Rank: Chief Joined: 5/31/2011 Posts: 5,121		hisah wrote: GoK seeks to control KQ... http://www.nation.co.ke/busines.../-/159m8adz/-/index.html Good news, TN will go. Bad news, a political crony is coming!
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VituVingiSana		#560 Posted : Tuesday, September 18, 2012 8:57:17 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi		mwekez@ji wrote: hisah wrote: GoK seeks to control KQ... http://www.nation.co.ke/busines.../-/159m8adz/-/index.html Good news, TN will go. Bad news, a political crony is coming! One of my worst investments ever. The turning point was when the Rights Issue was done that decimated shareholder value. TN has zero shares thus a zero loss. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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