Connect with us

Hi, what are you looking for?

Capital Business
Capital Business
The Authority also directed Telkom Kenya Limited to make good effort to remedy its commercial obligations towards Eaton Towers Kenya Limited.

Kenya

Telkom Kenya to interview its staff for recruitment in Airtel-Telkom combined entity

Telkom Kenya says it will adhere to the law while executing the directive rendering some 575 employees redundant/Moses Muoki

NAIROBI, Kenya, Aug 14 – Telkom Kenya has announced plans to advertise job openings and interview its employees for recruitment in the soon-to-be-unveiled Airtel-Telkom combined entity.

In a statement to newsrooms on Wednesday, the telco said it had notified its staff of an impending realignment brought about by the merger.

“Telkom Kenya issued a one-month notice of redundancy, with effect from July 31, 2019, to its employees, informing them of the intention to terminate the employment of approximately 575 of its staff complement, on account of redundancy, as a result of the Transaction,” the company said.

The operator further said the firm will adhere to the law while executing the directive rendering redundant some 575 employees.

“This is in line with the law and is a process that has to be undertaken before employees are able to move to any other entity and are still subject to regulatory approvals,” Telkom Kenya stated.

On February 8, 2019, Telkom Kenya Limited and Airtel Networks Kenya Limited, announced the signing of a binding agreement to combine their respective Mobile, Enterprise and Carrier Services businesses in Kenya into Airtel to be renamed Airtel-Telkom.

The two telco companies have in the recent past registered market losses, brought about by tough competition from Safaricom forcing the firms to enter amalgamation talks.

So far, the Communication Authority of Kenya has approved the union however a number of Airtel employees are still in court opposing the merger seeking a Sh1 billion compensation from the Indian-owned firm.

Click to comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...