Kenyan Wall Street | by Eunniah Mbabazi
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…
