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Kenya Airways...why ignore..
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maka
#1551 Posted : Tuesday, March 31, 2015 11:44:00 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
The optimist wrote:
So now KQ is forcing staff to default on their bank loans by failing to remit their monthly deductions to banks despite having made the deductions from their payslips! Source BD


@Impunity when I raised up the matter you thought I was lying ndio hiyo link basi....sema kwanza mishahara kuchelewa hadi 10th of April...what other sign would anyone want to know that there is no company here...
possunt quia posse videntur
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maka
#1552 Posted : Tuesday, March 31, 2015 11:57:10 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Impunity wrote:
maka wrote:
obiero wrote:
Ericsson wrote:
KQ will make the biggest loss in Kenya's corporate history.
I foresee minimum loss ksh.18bn before tax.
This will wipe out all the retained earnings and company will now be technically insolvent

Pepo mbaya. Wit the sale of four planes and the 'unfortunate' sale embakasi land, do you think what you have written is possible??


Above 10bn is a real possibility,they will try window dress them but they will be terrible...btw what was the idea behind buying dreamliners then leasing them out?One is headed to Turkish airlines...there is an interesting letter KALPA to KQ HR about banks complaining that loans taken by some pilots are not being paid up...


Blog!


Blog indeed....
possunt quia posse videntur
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mulla
#1553 Posted : Tuesday, March 31, 2015 12:12:01 PM
Rank: Member

Joined: 6/15/2013
Posts: 301
I wish Naikuni can be publicly undressed for the mess he caused on KQ before he left. I once attended one of his talks last year and he seemed to project himself as a proud transformational leader. And he was confident of it...makaratasi idiot.
On the other hand Ngunze and his PR?? how do you state on national TV that you are borrowing to pay salaries??
On the other hand if direct flights to states are approved it may boost the airline and share somewhat.
signed ; aggrieved shareholder....
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Ericsson
#1554 Posted : Tuesday, March 31, 2015 4:42:41 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
And it is now emerging the company is technically insolvent.
Using deductions from employees salary to meet payables
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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derick
#1555 Posted : Tuesday, March 31, 2015 4:53:24 PM
Rank: Member

Joined: 1/10/2015
Posts: 411
Ericsson wrote:
And it is now emerging the company is technically insolvent.
Using deductions from employees salary to meet payables

That is pathetic. Mr Titus should be held accountable.
Your income is directly related to your philosophy, Not the economy.-Jim Rohn
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obiero
#1556 Posted : Tuesday, March 31, 2015 10:36:49 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,321
Location: nairobi
pontifs are pontifying while ngunze is busy steadying a crashing craft.. titus was the main issue at KQ, not Ebola, not mawingu.. sometimes, i wish i was the head of this firm
COOP, IMH, KEGN, KQ, MTNU
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Euge
#1557 Posted : Tuesday, March 31, 2015 10:38:25 PM
Rank: Elder

Joined: 8/4/2008
Posts: 2,849
Location: Rupi
obiero wrote:
pontifs are pontifying while ngunze is busy steadying a crashing craft.. titus was the main issue at KQ, not Ebola, not mawingu.. sometimes, i wish i was the head of this firm


Agreed. Ebola etc... is just hekaya za abunuasi.
Lord, thank you!
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Euge
#1558 Posted : Tuesday, March 31, 2015 10:39:59 PM
Rank: Elder

Joined: 8/4/2008
Posts: 2,849
Location: Rupi
derick wrote:
Ericsson wrote:
And it is now emerging the company is technically insolvent.
Using deductions from employees salary to meet payables

That is pathetic. Mr Titus should be held accountable.


And Wainaina
Lord, thank you!
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mlennyma
#1559 Posted : Tuesday, March 31, 2015 10:55:01 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Euge wrote:
[quote=derick][quote=Ericsson]And it is now emerging the company is technically insolvent.
Using deductions from employees salary to meet payables

That is pathetic. Mr Titus should be held accountable.
"Don't let the fear of losing be greater than the excitement of winning."
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  | | Edit by user: Tuesday, March 31, 2015 10:58 PM | Reason: Not specified
mlennyma
#1560 Posted : Tuesday, March 31, 2015 10:56:31 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Euge wrote:
derick wrote:
Ericsson wrote:
And it is now emerging the company is technically insolvent.
Using deductions from employees salary to meet payables

That is pathetic. Mr Titus should be held accountable.


And Wainaina

long term investing can be fatal.
"Don't let the fear of losing be greater than the excitement of winning."
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