Connect with us

Hi, what are you looking for?

Cyprian Is Nyakundi


Simon Ole Nkeri Grilled

East African Portland Cement Company (EAPCC) says it has factored in its financial statements in the Sh1.4 billion it owes workers but declined to give a timeline for payment amid a cash crunch.

Managing director Simon Ole Nkeri told Parliament that the troubled company is currently unable to pay the amount as ordered by a court, saying charging it to its books is an indication that it will eventually be settled. “…the 1.4 billion is an amount that ultimately will have to be paid…As to when the resources become available is a different issue,” he told the National Assembly Trade, Industry and Cooperative committee on Thursday.

The Labour Court had on August 2 allowed the Kenya Chemical and Allied Workers Union (Kcawu) to recover Sh1.4 billion that the cement maker owes more than 400 workers under the 2013–2015 CBA.

The Court of Appeal on September 21 gave Portland 30 days to deposit Sh350 million in court to demonstrate that it will honour the court’s directive.

The company had sought the Court of Appeal’s protection over a High Court decree that had attached its tools of trade. In its plea, Portland said the attachment would cripple its business operations, making it difficult to meet its obligations.

“We have not yet deposited the Sh350 million because the duration is not yet over but we are planning to do it,” Mr Nkeri told the committee chaired by Kieni MP Kanini Kega. He was taken to task over why the management was exposing Portland to litigation by laying workers off against a court order.

None was sent home, the MD said, adding the board opted not to renew contracts of some staff.

Would you like to get published on this Popular Blog? You can now email Cyprian Nyakundi any breaking news, Exposes, story ideas, human interest articles or interesting videos on: [email protected] Videos and pictures can be sent to +254 710 280 973 on WhatsApp, Signal and Telegram.



Click to comment


You May Also Like


*Editor’s Note: This open letter to Safaricom has been published as received. No redactions have taken place to avoid legal issues pending a court...


  These pictures you are about to view calls to heart the need to be extremely careful about what you do in the  secret...


This is an intervention for Victoria Rubadiri so as to help her revert back to factory settings. We notice your slow drift away into...


Caption : Edwin Kigen Who was Murdered in Madaraka Estate. We demand for answers from Boinnet ! Another young man may have been brutally assaulted and...

Copyright © 2020 Cyprian Is Nyakundi.