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Kenya Airways...why ignore..
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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ArrestedDev wrote:sparkly wrote:iris wrote:sparkly wrote:ArrestedDev wrote:iris wrote:sparkly wrote:ArrestedDev wrote:sparkly wrote:obiero wrote:ArrestedDev wrote:maka wrote:Angelica _ann wrote:sparkly wrote:Pesa Nane wrote:Quote:The team:
1. Monika Kiełtyka-Michna
2. Edyta Kijewska-Teny
3. Magdalena Serwach
4. Marcin Celejewski
5. Michał Śmierciak
Sebastian Mikosz
Group Managing Director & CEO #KaziKwaKantrimen  Guy is a tribalist. If an Ogiek CEO appointed a team of 4 specialist Ogieks reporting directly to him there would be a motion in parliament. Exactly, while trimming the powers of Kenyans who have worked in that company for sooo long through sweat and blood. Shindwe!!!! The same guys who have looted right? Another 300m is believed to have disappeared and some lady from RM has been suspended...Anyway. When was this revelation? The line up put in place by Ngunze lacked the necessary managerial experience. I said here before that the problem with KQ is 'Management'. Sebastian found out the same and this is the reason why he made the appointments - proven and tested individuals who will take instructions from the CEO as @VVS puts it. I do not have any problem with the individuals appointed. Let them get down to work. Some of them will end up being directors replacing the current ones. No one has a problem with white folks. As a shareholder, I wish Mikosz and his dream team the very very best. However the simple question arises again as to whether blacks were created by an inferior god They are still employees. Just there for a salary. Don't be under any illusion that they have a special calling to save KQ. If things don't work out, they will just fly out like that Mumias CEO. They will put the systems, controls, strategy and all what is required for KQ to perform. I can vouch this. These guys are serious in what they do. You will be shocked at how transformed KQ will be. Many will wonder what Ngunze and his team were doing. I have said here before that if there were strong controls in KQ then a supervisor in treasury could not have made away with millions. It is just VERY disgusting. Where in earth can you justify a situation where a fuel supplier dictates the price of fuel and to make the matters worst that fuel gets lost somewhere in the tanks. The revelations in the forensic audit are shocking to say the least. It demonstrates that the management that was there was not capable at all. Watch this space. Things are going to change in KQ. Believe it or not. I know the missed opportunities at KQ. You think Mzungus don't steal? Ask yourself how they still own the prime lands in Kenya, from the coast to the highlands and the rift. Resist the tempation to say that they bought or that they are not the same wazungus. These mugabe-like type of arguments is what gets in the way of our evolutionary journey. Who has said Mzungus do not steal? I am sure Mikozs avoided lots of Polish thieves while trying to get the talent he needed. Resist the temptation to sweep Kenyan vices under the table and we might have a chance of conquering them one day. Infact that team have caused a lot of jitters to people in KQ. MJ just addressed it in the press conference that they are here to only assist and not to take jobs. KQ is a national asset. If a foreign CEO is appointed his first priority should be to transfer skills to locals not to hire his countrymen. Ideally yes, but contracts are not always based on theoretical ideals. It is most likely he came on board because he was promised he will be allowed to take whatever actions in his opinion would help with the turn-around. Immigration and employment law 101:- You hire a professional Expat if there is a local skills gap. A condition of giving work permit to the Expat is that the skills be transferred to locals. Do not worry too much about these appointments. Time will tell. I am not worried. Just saying that it's not only morally abhorrent but also illegal. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Oh happy day..
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Articles like this one make me want to stop reading the Business Daily http://www.businessdaily...106670-w6j51b/index.html
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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ArrestedDev wrote:maka wrote:Angelica _ann wrote:sparkly wrote:Pesa Nane wrote:Quote:The team:
1. Monika Kiełtyka-Michna
2. Edyta Kijewska-Teny
3. Magdalena Serwach
4. Marcin Celejewski
5. Michał Śmierciak
Sebastian Mikosz
Group Managing Director & CEO #KaziKwaKantrimen Guy is a tribalist. If an Ogiek CEO appointed a team of 4 specialist Ogieks reporting directly to him there would be a motion in parliament. Exactly, while trimming the powers of Kenyans who have worked in that company for sooo long through sweat and blood. Shindwe!!!! The same guys who have looted right? Another 300m is believed to have disappeared and some lady from RM has been suspended...Anyway. When was this revelation? The line up put in place by Ngunze lacked the necessary managerial experience. I said here before that the problem with KQ is 'Management'. Sebastian found out the same and this is the reason why he made the appointments - proven and tested individuals who will take instructions from the CEO as @VVS puts it. I do not have any problem with the individuals appointed. Let them get down to work. Some of them will end up being directors replacing the current ones. All indicators are so sluttish for kqueer. She has to disengage from irresponsible uncaring irresponsible multiple partners to bring forth a dinner for her malfed sickly kids. Probably then i could find her a place to call home amongest my estate. For now she has to desist looting from her coffers and multilating her valuable vitals.  ,Behold, a sower went forth to sow;....
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Rank: Chief Joined: 1/3/2007 Posts: 18,055 Location: Nairobi
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sparkly wrote:ArrestedDev wrote:sparkly wrote:iris wrote:sparkly wrote:ArrestedDev wrote:iris wrote:sparkly wrote:ArrestedDev wrote:sparkly wrote:obiero wrote:ArrestedDev wrote:maka wrote:Angelica _ann wrote:sparkly wrote:Pesa Nane wrote:Quote:The team:
1. Monika Kiełtyka-Michna
2. Edyta Kijewska-Teny
3. Magdalena Serwach
4. Marcin Celejewski
5. Michał Śmierciak
Sebastian Mikosz
Group Managing Director & CEO #KaziKwaKantrimen Guy is a tribalist. If an Ogiek CEO appointed a team of 4 specialist Ogieks reporting directly to him there would be a motion in parliament. Exactly, while trimming the powers of Kenyans who have worked in that company for sooo long through sweat and blood. Shindwe!!!! The same guys who have looted right? Another 300m is believed to have disappeared and some lady from RM has been suspended...Anyway. When was this revelation? The line up put in place by Ngunze lacked the necessary managerial experience. I said here before that the problem with KQ is 'Management'. Sebastian found out the same and this is the reason why he made the appointments - proven and tested individuals who will take instructions from the CEO as @VVS puts it. I do not have any problem with the individuals appointed. Let them get down to work. Some of them will end up being directors replacing the current ones. No one has a problem with white folks. As a shareholder, I wish Mikosz and his dream team the very very best. However the simple question arises again as to whether blacks were created by an inferior god They are still employees. Just there for a salary. Don't be under any illusion that they have a special calling to save KQ. If things don't work out, they will just fly out like that Mumias CEO. They will put the systems, controls, strategy and all what is required for KQ to perform. I can vouch this. These guys are serious in what they do. You will be shocked at how transformed KQ will be. Many will wonder what Ngunze and his team were doing. I have said here before that if there were strong controls in KQ then a supervisor in treasury could not have made away with millions. It is just VERY disgusting. Where in earth can you justify a situation where a fuel supplier dictates the price of fuel and to make the matters worst that fuel gets lost somewhere in the tanks. The revelations in the forensic audit are shocking to say the least. It demonstrates that the management that was there was not capable at all. Watch this space. Things are going to change in KQ. Believe it or not. I know the missed opportunities at KQ. You think Mzungus don't steal? Ask yourself how they still own the prime lands in Kenya, from the coast to the highlands and the rift. Resist the tempation to say that they bought or that they are not the same wazungus. These mugabe-like type of arguments is what gets in the way of our evolutionary journey. Who has said Mzungus do not steal? I am sure Mikozs avoided lots of Polish thieves while trying to get the talent he needed. Resist the temptation to sweep Kenyan vices under the table and we might have a chance of conquering them one day. Infact that team have caused a lot of jitters to people in KQ. MJ just addressed it in the press conference that they are here to only assist and not to take jobs. KQ is a national asset. If a foreign CEO is appointed his first priority should be to transfer skills to locals not to hire his countrymen. Ideally yes, but contracts are not always based on theoretical ideals. It is most likely he came on board because he was promised he will be allowed to take whatever actions in his opinion would help with the turn-around. Immigration and employment law 101:- You hire a professional Expat if there is a local skills gap. A condition of giving work permit to the Expat is that the skills be transferred to locals. Do not worry too much about these appointments. Time will tell. I am not worried. Just saying that it's not only morally abhorrent but also illegal. Nothing of the sort. Let Mikosz revive KQ first. Brian Presbury left a KQ that had taken off under his wing, Naikuni (Mbugua and cronies) took the helm and crashed it. Mikosz can hire a 100% foreign management team as long as KQ stops sucking from the Taxpayers' teats! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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VituVingiSana wrote:sparkly wrote:ArrestedDev wrote:sparkly wrote:iris wrote:sparkly wrote:ArrestedDev wrote:iris wrote:sparkly wrote:ArrestedDev wrote:sparkly wrote:obiero wrote:ArrestedDev wrote:maka wrote:Angelica _ann wrote:sparkly wrote:Pesa Nane wrote:Quote:The team:
1. Monika Kiełtyka-Michna
2. Edyta Kijewska-Teny
3. Magdalena Serwach
4. Marcin Celejewski
5. Michał Śmierciak
Sebastian Mikosz
Group Managing Director & CEO #KaziKwaKantrimen Guy is a tribalist. If an Ogiek CEO appointed a team of 4 specialist Ogieks reporting directly to him there would be a motion in parliament. Exactly, while trimming the powers of Kenyans who have worked in that company for sooo long through sweat and blood. Shindwe!!!! The same guys who have looted right? Another 300m is believed to have disappeared and some lady from RM has been suspended...Anyway. When was this revelation? The line up put in place by Ngunze lacked the necessary managerial experience. I said here before that the problem with KQ is 'Management'. Sebastian found out the same and this is the reason why he made the appointments - proven and tested individuals who will take instructions from the CEO as @VVS puts it. I do not have any problem with the individuals appointed. Let them get down to work. Some of them will end up being directors replacing the current ones. No one has a problem with white folks. As a shareholder, I wish Mikosz and his dream team the very very best. However the simple question arises again as to whether blacks were created by an inferior god They are still employees. Just there for a salary. Don't be under any illusion that they have a special calling to save KQ. If things don't work out, they will just fly out like that Mumias CEO. They will put the systems, controls, strategy and all what is required for KQ to perform. I can vouch this. These guys are serious in what they do. You will be shocked at how transformed KQ will be. Many will wonder what Ngunze and his team were doing. I have said here before that if there were strong controls in KQ then a supervisor in treasury could not have made away with millions. It is just VERY disgusting. Where in earth can you justify a situation where a fuel supplier dictates the price of fuel and to make the matters worst that fuel gets lost somewhere in the tanks. The revelations in the forensic audit are shocking to say the least. It demonstrates that the management that was there was not capable at all. Watch this space. Things are going to change in KQ. Believe it or not. I know the missed opportunities at KQ. You think Mzungus don't steal? Ask yourself how they still own the prime lands in Kenya, from the coast to the highlands and the rift. Resist the tempation to say that they bought or that they are not the same wazungus. These mugabe-like type of arguments is what gets in the way of our evolutionary journey. Who has said Mzungus do not steal? I am sure Mikozs avoided lots of Polish thieves while trying to get the talent he needed. Resist the temptation to sweep Kenyan vices under the table and we might have a chance of conquering them one day. Infact that team have caused a lot of jitters to people in KQ. MJ just addressed it in the press conference that they are here to only assist and not to take jobs. KQ is a national asset. If a foreign CEO is appointed his first priority should be to transfer skills to locals not to hire his countrymen. Ideally yes, but contracts are not always based on theoretical ideals. It is most likely he came on board because he was promised he will be allowed to take whatever actions in his opinion would help with the turn-around. Immigration and employment law 101:- You hire a professional Expat if there is a local skills gap. A condition of giving work permit to the Expat is that the skills be transferred to locals. Do not worry too much about these appointments. Time will tell. I am not worried. Just saying that it's not only morally abhorrent but also illegal. Nothing of the sort. Let Mikosz revive KQ first. Brian Presbury left a KQ that had taken off under his wing, Naikuni (Mbugua and cronies) took the helm and crashed it. Mikosz can hire a 100% foreign management team as long as KQ stops sucking from the Taxpayers' teats! Well said @vvs
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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obiero wrote:VituVingiSana wrote:sparkly wrote:ArrestedDev wrote:sparkly wrote:iris wrote:sparkly wrote:ArrestedDev wrote:iris wrote:sparkly wrote:ArrestedDev wrote:sparkly wrote:obiero wrote:ArrestedDev wrote:maka wrote:Angelica _ann wrote:sparkly wrote:Pesa Nane wrote:Quote:The team:
1. Monika Kiełtyka-Michna
2. Edyta Kijewska-Teny
3. Magdalena Serwach
4. Marcin Celejewski
5. Michał Śmierciak
Sebastian Mikosz
Group Managing Director & CEO #KaziKwaKantrimen Guy is a tribalist. If an Ogiek CEO appointed a team of 4 specialist Ogieks reporting directly to him there would be a motion in parliament. Exactly, while trimming the powers of Kenyans who have worked in that company for sooo long through sweat and blood. Shindwe!!!! The same guys who have looted right? Another 300m is believed to have disappeared and some lady from RM has been suspended...Anyway. When was this revelation? The line up put in place by Ngunze lacked the necessary managerial experience. I said here before that the problem with KQ is 'Management'. Sebastian found out the same and this is the reason why he made the appointments - proven and tested individuals who will take instructions from the CEO as @VVS puts it. I do not have any problem with the individuals appointed. Let them get down to work. Some of them will end up being directors replacing the current ones. No one has a problem with white folks. As a shareholder, I wish Mikosz and his dream team the very very best. However the simple question arises again as to whether blacks were created by an inferior god They are still employees. Just there for a salary. Don't be under any illusion that they have a special calling to save KQ. If things don't work out, they will just fly out like that Mumias CEO. They will put the systems, controls, strategy and all what is required for KQ to perform. I can vouch this. These guys are serious in what they do. You will be shocked at how transformed KQ will be. Many will wonder what Ngunze and his team were doing. I have said here before that if there were strong controls in KQ then a supervisor in treasury could not have made away with millions. It is just VERY disgusting. Where in earth can you justify a situation where a fuel supplier dictates the price of fuel and to make the matters worst that fuel gets lost somewhere in the tanks. The revelations in the forensic audit are shocking to say the least. It demonstrates that the management that was there was not capable at all. Watch this space. Things are going to change in KQ. Believe it or not. I know the missed opportunities at KQ. You think Mzungus don't steal? Ask yourself how they still own the prime lands in Kenya, from the coast to the highlands and the rift. Resist the tempation to say that they bought or that they are not the same wazungus. These mugabe-like type of arguments is what gets in the way of our evolutionary journey. Who has said Mzungus do not steal? I am sure Mikozs avoided lots of Polish thieves while trying to get the talent he needed. Resist the temptation to sweep Kenyan vices under the table and we might have a chance of conquering them one day. Infact that team have caused a lot of jitters to people in KQ. MJ just addressed it in the press conference that they are here to only assist and not to take jobs. KQ is a national asset. If a foreign CEO is appointed his first priority should be to transfer skills to locals not to hire his countrymen. Ideally yes, but contracts are not always based on theoretical ideals. It is most likely he came on board because he was promised he will be allowed to take whatever actions in his opinion would help with the turn-around. Immigration and employment law 101:- You hire a professional Expat if there is a local skills gap. A condition of giving work permit to the Expat is that the skills be transferred to locals. Do not worry too much about these appointments. Time will tell. I am not worried. Just saying that it's not only morally abhorrent but also illegal. Nothing of the sort. Let Mikosz revive KQ first. Brian Presbury left a KQ that had taken off under his wing, Naikuni (Mbugua and cronies) took the helm and crashed it. Mikosz can hire a 100% foreign management team as long as KQ stops sucking from the Taxpayers' teats! Well said @vvs Call it nipping in the bud. Ngunze's line-up was very weak. Decisions taken were below par.This guy already diagnosed and he is about to cure. One cannot expect the same individuals who oversaw mismanagement to pull it out. The only way to grow revenue is to increase operations, offer consistent service , etc as per what he said in the press conference. The more dreamliners you operate, the lower the cost. I can see him making orders very soon.
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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muandiwambeu wrote:ArrestedDev wrote:maka wrote:Angelica _ann wrote:sparkly wrote:Pesa Nane wrote:Quote:The team:
1. Monika Kiełtyka-Michna
2. Edyta Kijewska-Teny
3. Magdalena Serwach
4. Marcin Celejewski
5. Michał Śmierciak
Sebastian Mikosz
Group Managing Director & CEO #KaziKwaKantrimen Guy is a tribalist. If an Ogiek CEO appointed a team of 4 specialist Ogieks reporting directly to him there would be a motion in parliament. Exactly, while trimming the powers of Kenyans who have worked in that company for sooo long through sweat and blood. Shindwe!!!! The same guys who have looted right? Another 300m is believed to have disappeared and some lady from RM has been suspended...Anyway. When was this revelation? The line up put in place by Ngunze lacked the necessary managerial experience. I said here before that the problem with KQ is 'Management'. Sebastian found out the same and this is the reason why he made the appointments - proven and tested individuals who will take instructions from the CEO as @VVS puts it. I do not have any problem with the individuals appointed. Let them get down to work. Some of them will end up being directors replacing the current ones. All indicators are so sluttish for kqueer. She has to disengage from irresponsible uncaring irresponsible multiple partners to bring forth a dinner for her malfed sickly kids. Probably then i could find her a place to call home amongest my estate. For now she has to desist looting from her coffers and multilating her valuable vitals. Things will change for Kqueer very soon. The guy at the helm does not entertain jokes at all.
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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[quote=obiero]Articles like this one make me want to stop reading the Business Daily http://www.businessdaily...06670-w6j51b/index.html[/quote] These so called editors do not understand what it takes to run an airline.
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Here is another one, slightly improved http://www.businessdaily...10256-8wo7biz/index.html
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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ArrestedDev wrote:obiero wrote:[quote=ArrestedDev]No recovery at sight. What is currently happening is the last nail in the coffin being hammered.A competent management should be put in place. There is no highly skilled employee who will seat back and relax in a workplace where there is no future. A political stooge like Ngunze can just seat and wait. Quote:KQ has suffered several flight delays recently.
"The declined investment in KQ particularly on maintenance of planes as a result of budget cuts is a recipe for disaster," said Consumer Federation of Kenya secretary general Stephen Mutoro.
"The matter is causing low morale among pilots because some are declining to fly some planes because of their poor conditions." http://www.the-star.co.k...new-probe-team_c1421567[/quote] The media has tried to kill KQ for over 5 years Ngunze is the one killing KQ as you indicated earlier here. If savings from the cost cutting exercise have been realized then why not direct to maintenance and welfare of engineers. Look at the agenda on the AGM, one of them is Directors' remuneration at a time when engineers are leaving. Very wrong priorities. Let's wait and see who will have the last laugh. Ngunze helped KQ alot and deserves a better send off
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:ArrestedDev wrote:obiero wrote:[quote=ArrestedDev]No recovery at sight. What is currently happening is the last nail in the coffin being hammered.A competent management should be put in place. There is no highly skilled employee who will seat back and relax in a workplace where there is no future. A political stooge like Ngunze can just seat and wait. Quote:KQ has suffered several flight delays recently.
"The declined investment in KQ particularly on maintenance of planes as a result of budget cuts is a recipe for disaster," said Consumer Federation of Kenya secretary general Stephen Mutoro.
"The matter is causing low morale among pilots because some are declining to fly some planes because of their poor conditions." http://www.the-star.co.k...new-probe-team_c1421567[/quote] The media has tried to kill KQ for over 5 years Ngunze is the one killing KQ as you indicated earlier here. If savings from the cost cutting exercise have been realized then why not direct to maintenance and welfare of engineers. Look at the agenda on the AGM, one of them is Directors' remuneration at a time when engineers are leaving. Very wrong priorities. Let's wait and see who will have the last laugh. Ngunze helped KQ alot and deserves a better send off To Kamiti maximum prison. Life is short. Live passionately.
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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obiero wrote:ArrestedDev wrote:obiero wrote:[quote=ArrestedDev]No recovery at sight. What is currently happening is the last nail in the coffin being hammered.A competent management should be put in place. There is no highly skilled employee who will seat back and relax in a workplace where there is no future. A political stooge like Ngunze can just seat and wait. Quote:KQ has suffered several flight delays recently.
"The declined investment in KQ particularly on maintenance of planes as a result of budget cuts is a recipe for disaster," said Consumer Federation of Kenya secretary general Stephen Mutoro.
"The matter is causing low morale among pilots because some are declining to fly some planes because of their poor conditions." http://www.the-star.co.k...new-probe-team_c1421567[/quote] The media has tried to kill KQ for over 5 years Ngunze is the one killing KQ as you indicated earlier here. If savings from the cost cutting exercise have been realized then why not direct to maintenance and welfare of engineers. Look at the agenda on the AGM, one of them is Directors' remuneration at a time when engineers are leaving. Very wrong priorities. Let's wait and see who will have the last laugh. Ngunze helped KQ alot and deserves a better send off I do not agree. He made stupid decisions that led to loss of customers, pilots, engineers. It will take Sebastian a while to stabilize the Airline and bring it back to it's former state. Actions taken by Ngunze regarding maintenance of the planes was only reversed after pilots went on strike. This is when MJ was appointed and he helped sort out. Ngunze was hell bent on bringing down this Airline.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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 Pesa Nane plans to be shilingi when he grows up.
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Rank: New-farer Joined: 8/21/2017 Posts: 46
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No. 3 is an interesting appointment. Gichangi was the former head of the National intelligence services... Life is a beach and I'm just playing in the sand
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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piedpiper wrote:No. 3 is an interesting appointment. Gichangi was the former head of the National intelligence services... Source of income Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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National carrier Kenya Airways (KQ) will take longer before it can fly directly to the US despite having received the green light to do so. According to the Chief Executive Sebastian Mikosz, there are still a lot of audits and contractual arrangements to be made before KQ can launch the much-awaited flights. “There are still audits to be carried out. The US has strict requirements and there is a lot for KQ to do on paper. It is a precious opportunity but we have to get it right first,” he said. Speaking during an annual general meeting at the airline’s headquarters in Nairobi, the CEO told investors that the airline will have to ensure that it has the passengers, not just to take to US but also from US back to Kenya. “The decision to launch a flight is subject to proper commercial agreements. Opening a connection to fly an empty aircraft is the last thing we want. It is easier on the Kenyan side because we are here and, therefore, easier to collect passengers from East Africa to the US,” he said. Read more at: https://www.standardmedi...w-york-despite-clearanceWealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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The ceo has said that KQ is going back to fuel hedging contracts Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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[quote=Ericsson]The ceo has said that KQ is going back to fuel hedging contracts[/quote
Hedging without kickbacks is okay.
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Rank: Chief Joined: 1/3/2007 Posts: 18,055 Location: Nairobi
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Ericsson wrote:The ceo has said that KQ is going back to fuel hedging contracts As long as they aren't done like Alex Mbugua (& his team) did them. Personal profits while KQ lost billions. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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