April 25th 2017

Media / Watchdog

Radio Africa Group cancels staff party as cash crunch bites

Decision-making is being held back by an apparent rift between the print and electronic sides of the business, personified by two senior directors, Mr William Pike of the Star and Mr Quarcoo who has been in Kenyan radio business for over fifteen years.

By Free Press Correspondentnewsdesk@kenyafreepress.comWednesday, 30 Nov 2016 18:20 EAT

The Star logo.

The Radio Africa Group, the owners of the daily Star newspaper, Kiss TV and a host of radio stations broadcasting from Nairobi, has cancelled its annual Christmas party as it continues to suffer from a biting cash crisis. The news of the cancellation was passed to staff in an email by the principal shareholder/director of the company, Patrick Quarcoo.

Mr Quarcoo’s email informing employees that the party had been put off was received with trepidation by anxious staff following recent reports that the company was planning to fire up to 60 workers as part of a new restructuring process. The news alarmed the employees, with many in the marketing and editorial departments expressing concern that the company was blocking an important forum for interaction during a time of crisis.

Since the Kenya Free Press reported two weeks ago about the planned layoffs, the first phase of which could be implemented between mid-December and early January, senior managers have been tightlipped on the company’s internal matters. The management is grappling with an editorial shake-up that would see a number of senior journalists retired, according to sources briefed on the company directors’ thinking.

However, decision-making on the cuts has been impeded by an apparent rift between the print and electronic sides of the business, personified by two senior directors, Mr William Pike of the Star and Mr Quarcoo who has been in Kenyan radio business for over fifteen years.

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