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$182 million bailout delay forces Kenya Airways to reinstate salary cuts
The management of Kenya’s national carrier, Kenya Airways has commenced a series of pay cuts in order to stay afloat. The move has become imperative as the company has not received any of the bailout funds promised to it a full month after the country’s supplementary budget was announced. The pay cuts would see the company revert to similar reductions seen last year until full payment of salaries was restored on December 21, 2021….
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