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Nkeri Takes Leave, EAPCC board appoints new acting MD

Board of directors at the East African Portland Cement Company has appointed an acting managing director to replace Simon ole Nkeri, while on leave.

EAPCC MD Peter Ole Nkeri directed by board to take leave.

Nkeri, who was directed to go on leave from February 18 under unclear circumstances, will be replaced in an acting capacity by Stephen Nthei.

Nthei is the current head of financial management and the senior-most official at EAPCC after Nkeri.

In a letter dated February 20 addressed to all the staff, company secretary, Sheila Kahuki, explains that Nthei will act as MD the entire time Nkeri is on leave.

The company is reeling with debts exceeding more than Sh2 billion in staff pay and other procured services, and currently in its deathbed.

Nkeri was appointed some three years ago with hopes that he may turn around a former vibrant Kenyan government parastatal but the company is now in more financial troubles than before.

In the year, the company after it failed to rise up from financial limbo it retrenched more than 700 workers on the recommendation of the board without a single cent to pay them off.

The same board announced last week that it had received some Sh500 million to pay off the workers but as at the close of Friday business, no word had been received from the company.

Nkeri in recent past has brushed a section of Kajiado leaders the wrong side, after refusing to answer their pressing calls.

Kajiado East MP, Peris Tobiko and nominated Jubilee senator, Mary Seneta, have in the past accused Nkeri of failing to work closely with the communities where the company mines raw materials.

Seneta has on many occasions called on President Uhuru Kenyatta to replaced Nkeri with a diligent manager, who can turn the company around.

Nkeri, on his part, has also accused former directors of the EAPCC of colluding with politicians to bring down Portland which found itself with a huge budget of paying workers employed to sit idle in the company.

ALSO REA: https://kajiado.co.ke/2019/02/08/uhuru-entrusts-katoo-to-end-eapcc-county-hostilities/

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