• About Hisa Technologies
  • Advertise
  • Careers
  • Contact Us
  • Estate Cloud
Sunday, March 7, 2021
  • Login
  • Register
No Result
View All Result
NEWSLETTER
Kenyan Wallstreet
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Personal Finance
    • Technology
    • Startups
  • Podcast
  • Videos
  • Events
  • Blockchain & Digital Currencies
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Personal Finance
    • Technology
    • Startups
  • Podcast
  • Videos
  • Events
  • Blockchain & Digital Currencies
No Result
View All Result
Kenyan Wallstreet
No Result
View All Result

Blow as KQ Workers Face New 30% Pay Cuts

Eunniah MbabazibyEunniah Mbabazi
January 16, 2021
in Aviation, Kenyan News
Reading Time: 1 min
Blow as KQ Workers Face New 30% Pay Cuts

Kenya Airways (KQ) workers are facing a fresh round of pay cuts of between 5% and 30%, a move that seeks to preserve cash amid unrelenting financial challenges due to the global coronavirus pandemic. The pay cuts will take effect this month and will remain for a period of between six to 12 months, with a quarterly review of the proposed pay variation.

According to the airline’s CEO, Allan Kilavuka, the pay cuts will target workers earning KSh45,000 and above. Furthermore, the airline will not pay deferred salaries that have been accrued since last April.

In March last year, at the onset of the coronavirus, Kenya Airways sent part of its workforce of about 4,000 employees on unpaid leave with those remaining taking pay-cuts of between 35% and 75%.

ADVERTISEMENT

See Also:

KQ to Lay Off Half of its Pilots



Hisa App
Previous Post

Sasini Plc Emerges from Losses to Post Net Profit of KSh 12.6 Million

Next Post

UK – Africa Investment Conference Slated for 20th January 2021

Related Posts

South Africa’s Liberty Holdings to Acquire an Additional 16% Ownership in Liberty Kenya

South Africa’s Liberty Holdings to Acquire an Additional 16% Ownership in Liberty Kenya

March 5, 2021
Uganda Airlines Secures Landing Slots at Heathrow & Dubai Airports

Uganda Airlines Secures Landing Slots at Heathrow & Dubai Airports

March 5, 2021

Kenya Railways begins the SGR takeover

March 5, 2021

Stanbic Holdings Net Profit Down 19% to KSh5.2 Billion

March 5, 2021

CBK raises KSh 30.2 Billion from Weekly Auction, 140.9% oversubscription

March 5, 2021

Pending Bills More than Tripled in 2020 to KSh322.5 Billion

March 5, 2021

Kenya’s Public Debt to hit KSh 7.8 Trillion in 2020/21, says PBO

March 4, 2021

Base Titanium on Brink of Closure as Mine Fields Near Depletion

March 5, 2021
Load More
Next Post
Africa Investment Conference

UK – Africa Investment Conference Slated for 20th January 2021

Follow Us

  • 7.2k Fans
  • 113.7k Followers
  • 2.4k Subscribers
  • 453 Followers

WhatsApp

Subscribe

Telegram  

Subscribe

Podcasts

Upcoming Events

There are no upcoming events.

View Calendar
Add
  • Add to Timely Calendar
  • Add to Google
  • Add to Outlook
  • Add to Apple Calendar
  • Add to other calendar
  • Export to XML

Featured

Gamestop

Can the Gamestop Situation Happen in Kenya?

February 21, 2021
Hisa App

Announcing Hisa App Public Beta Launch

February 20, 2021
Absa Kenya CEO Jeremy Awori

Absa Marks One Year Since Transition, Commits KSh1.6 Billion into Digital Products

February 11, 2021
NSE Derivatives

How To Make Money Trading Derivatives In Kenya

February 9, 2021
Leila Fourie, JSE Group CEO

‘’Markets Recovery Don’t Imply Economic Recovery,’’ Leila Fourie, CEO Johannesburg Stock Exchange

December 31, 2020

About Us

We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe. Kenyanwallstreet.com is a property of Hisa Technologies Ltd, a financial media & software company.

Contact Us

Kenyan Wall Street
Email: [email protected]
Website: www.kenyanwallstreet.com

Disclaimer

The information contained in this website is for general information purposes only.
Read more..

  • About Hisa Technologies
  • Advertise
  • Careers
  • Contact Us
  • Estate Cloud

Copyright 2021. Hisa Technologies. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Aviation
    • Banking
    • Energy
    • Global Markets
    • Healthcare
    • Infrastructure
    • Insurance
    • Investment
    • Manufacturing
    • Markets
    • Public Policy
    • Real Estate
    • Startups
    • Technology
  • Podcast
  • Videos
  • Events

Copyright 2021. Hisa Technologies. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?