All Mumias Sugar Company employees have been sent home packing just over a month after it went into receivership under Kenya Commercial Bank (KCB).
In a letter dated November 5, 2019, the company said, “Consequent to the company being placed in receivership, all employees contracts stand terminated from the date of receivership i.e 20th September, 2019.”
“Any payment to the affected employees shall be dealt with in accordance with the provision of the law,” read the letter in part.
New staff will be hired on temporary basis to keep the company running and priority will be given to the now former staff, who have just been fired.
“Accordingly, the Receiver shall engage the services of any employee on a temporary basis on mutually agreeable terms until the time when the operations resume. Priority will however be given to the past employees while recruiting the staff on temporary basis until the time when the company’s operations are revived,” ended the letter.
Steven Umidha is a data and financial journalist with over 14 years of work experience in journalism and communication.
He specialises in finance and economics reporting as well as on the causes, impacts, and solutions of global warming, conservation, pollution and sustainability, often blending scientific literacy with journalist ethics, while involving policy analysis and multimedia storytelling across various platforms in highlighting issues from biodiversity loss to ecological justice.
Besides being the Founder of Financial Fortune Media, Umidha has previously worked with the Standard Media Group, Mediamax Networks LTD, bird story agency, Business Journal Africa, and Financial Post among other outlets.