Follow by Email

Wednesday, May 25, 2011

Rwandatel Lays Off Staff

135 Rwandatel employees have so far been suspended for 3 months. Eugene Gashugi, president of the Rwandatel workers union says that through negotiations with Rwandatel’s administration, the process has been handled well. The suspension was done in two phases and it has been halted with 135 being the final tally.
Gashugi hopes that in due time when things get better some of them will be able to get their jobs back, but in case that is not possible, there was also a resolve from the negotiations to give those employees, the benefits they are due to be given.
Rwandatel’s mobile telecommunication license was revoked by the Rwanda Utilities Regulatory Agency (RURA) in April this year. Since then, an interim administrator was appointed by Rwanda’s commercial court to take charge of the company and to advise the court in 2 months time whether the company can be turned around or be liquidated.
This was after a commencement of the insolvency proceedings by the office of the Registrar General. The administrator is expected to present his report to the court at the end of this month.

No comments:

Post a Comment