@StandardMedia

Court spares National Bank of Kenya Sh1b suit payment

11 days ago, 23:07

By: Macharia Kamau

Court of Appeal sets aside February ruling by lower court Former employees claimed voluntary retirement scheme was discriminatory and sought damages for unfair termination.

The former employees had moved to court in early 2014, seeking damages for unfair retirement and discrimination under the Voluntary Early Retirement (VER) scheme offered by the bank.

In her judgment, Justice Monica Mbaru of the Employment and Labour Relations Court said the former employees were discriminated against and unfairly treated when they were sent on voluntary retirement.

Read More


Category: business news

Suggested

24 minutes
@CapitalFMNews - By: Correspondent
French sports retailer Decathlon to open store at The Hub

Besides the sales of leading sports brand names, Decathlon is also a key private brands developer and currently markets more than 20 Decathlon Brands, each dedicated to a specific sport.

Category: business
1 hours ago, 11:05
@StandardMedia - By: Harold Odhiambo
Kenya’s smart licence to have driver's information, history

The transport authority will as from next month roll out the much anticipated smart driving licences.

Category: topnews news business
15 hours ago, 21:14
@BusinessDaily - By: Muthoki Mumo
Carrefour seeks protection from rivals in two malls

Nakumatt, the largest local retail chain, has been going through a financial upheaval in recent months which has led to the closure of a number of stores in Kenya, Uganda, and Tanzania.

Category: business news corporate topnews
3 hours ago, 09:01
@StandardMedia - By: Lee Mwiti
Depositors of Imperial Bank file new case against Central Bank of Kenya to have deposits worth Sh100 billion released

The depositors of Imperial Bank have filed a new case against the Central Bank of Kenya to have deposits worth Sh100 billion released.

Category: business news
6 minutes
6 minutes
@TheStar - By: Carolyne Kubwa @c ...
Hilton Hotel contempt case rescheduled for hearing tomorrow

“If this honourable court does not intervene, there is a real risk and likehood that the suit property shall be wasted and irreparably damaged and the dignity, honour and authority of this honourable ...

Category: topnews news business

@StandardMedia

Court spares National Bank of Kenya Sh1b suit payment

11 days ago, 23:07

By: Macharia Kamau
Court of Appeal sets aside February ruling by lower court Former employees claimed voluntary retirement scheme was discriminatory and sought damages for unfair termination.

The former employees had moved to court in early 2014, seeking damages for unfair retirement and discrimination under the Voluntary Early Retirement (VER) scheme offered by the bank.

In her judgment, Justice Monica Mbaru of the Employment and Labour Relations Court said the former employees were discriminated against and unfairly treated when they were sent on voluntary retirement.

Read More

Category: business news

Suggested

24 minutes
@CapitalFMNews - By: Correspondent
French sports retailer Decathlon to open store at The Hub

Besides the sales of leading sports brand names, Decathlon is also a key private brands developer and currently markets more than 20 Decathlon Brands, each dedicated to a specific sport.

Category: business
1 hours ago, 11:05
@StandardMedia - By: Harold Odhiambo
Kenya’s smart licence to have driver's information, history

The transport authority will as from next month roll out the much anticipated smart driving licences.

Category: topnews news business
15 hours ago, 21:14
@BusinessDaily - By: Muthoki Mumo
Carrefour seeks protection from rivals in two malls

Nakumatt, the largest local retail chain, has been going through a financial upheaval in recent months which has led to the closure of a number of stores in Kenya, Uganda, and Tanzania.

Category: business news corporate topnews
3 hours ago, 09:01
@StandardMedia - By: Lee Mwiti
Depositors of Imperial Bank file new case against Central Bank of Kenya to have deposits worth Sh100 billion released

The depositors of Imperial Bank have filed a new case against the Central Bank of Kenya to have deposits worth Sh100 billion released.

Category: business news
6 minutes
6 minutes
@TheStar - By: Carolyne Kubwa @c ...
Hilton Hotel contempt case rescheduled for hearing tomorrow

“If this honourable court does not intervene, there is a real risk and likehood that the suit property shall be wasted and irreparably damaged and the dignity, honour and authority of this honourable ...

Category: topnews news business
Our App