The Nairobi Securities Exchange is planning a massive staff layoff, an insider has alerted the editor of this site.
To make matters worse, the exercise dubbed “reorganisation exercise” by the CEO doesn’t have Board approval.
Poor management has seen the NSE struggle to make profits. Board members like Kiprono Kittony who got appointed simply because he is former toxic feminist Zipporah Kitonny’s son are clueless.
The struggling company has failed to generate new income streams and now has decided to undertake an exercise that will most likely result in multiple cases being filed in the courts. This comes on the back of numerous departures of key staff over the last 4 years who were disillusioned by the corrupt CEO Mr Geoffrey Otieno Odundo
Shareholder value is being eroded as the bribed media focus on telling you who will be president in 2022…
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