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Forum => Kenya Discussion => Topic started by: vooke on March 31, 2015, 01:25:19 PM

Title: #KQ now withholding salary deductions
Post by: vooke on March 31, 2015, 01:25:19 PM

RIP national carrier

Quote

The depth of Kenya Airways’ financial challenges continued to emerge with Monday’s revelation that the airline has not remitted to banks money it deducted from employees’ monthly salaries to service loans.

http://www.businessdailyafrica.com/Corporate-News/KQ-withholds-staff-loan-deductions-to-stop-cash-turbulence/-/539550/2671008/-/ouxq69z/-/index.html

Title: Re: #KQ now withholding salary deductions
Post by: Omollo on March 31, 2015, 01:36:43 PM

vooke

Would you characterize this as a GEMA success story? After all I hear it will be bought on the cheap by Naikuni and others.

Quote from: vooke on March 31, 2015, 01:25:19 PM

RIP national carrier

Quote

The depth of Kenya Airways’ financial challenges continued to emerge with Monday’s revelation that the airline has not remitted to banks money it deducted from employees’ monthly salaries to service loans.

http://www.businessdailyafrica.com/Corporate-News/KQ-withholds-staff-loan-deductions-to-stop-cash-turbulence/-/539550/2671008/-/ouxq69z/-/index.html

Title: Re: #KQ now withholding salary deductions
Post by: vooke on March 31, 2015, 02:17:06 PM

Omorlo,
Jesus said, 'the thief cometh not but to steal,kill and destroy'

Thieves just want nothing but plunder. I doubt nobody would buy KQ; its a shell. There is no grand conspiracy to make it dirt cheap,the theft is in the plunder

Quote from: Omollo on March 31, 2015, 01:36:43 PM

vooke

Would you characterize this as a GEMA success story? After all I hear it will be bought on the cheap by Naikuni and others.

Title: Re: #KQ now withholding salary deductions
Post by: Georgesoros on March 31, 2015, 02:47:06 PM

Quote from: vooke on March 31, 2015, 02:17:06 PM

Omorlo,
Jesus said, 'the thief cometh not but to steal,kill and destroy'

Thieves just want nothing but plunder. I doubt nobody would buy KQ; its a shell. There is no grand conspiracy to make it dirt cheap,the theft is in the plunder

Quote from: Omollo on March 31, 2015, 01:36:43 PM

vooke

Would you characterize this as a GEMA success story? After all I hear it will be bought on the cheap by Naikuni and others.

Imagine how many lives wil be destroyed with KQs sinking.

Title: Re: #KQ now withholding salary deductions
Post by: RV Pundit on April 01, 2015, 09:41:25 AM

Dead as dodo.KQ will have to seek for gov bailout.