Eldoret Water Company Initiates Staff Reduction Amidst Audit Queries; Acting MD Appointed
In addition to financial irregularities, the previous management has been accused of organizational misconduct, including instances of abuse of office and extravagant spending on unnecessary trips
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The Eldoret Water and Sanitation Company (ELDOWAS) Board of Directors has taken decisive action in response to ongoing audits, placing a senior manager on compulsory leave pending further investigation.
In light of these developments, Frederick Kosgei has been appointed as the Acting Managing Director.
In an internal memo dated February 24th, the new Acting MD outlined strategic measures aimed at bolstering the company’s financial stability. Notably, this includes a reduction in the number of casual and contract staff, impacting a minimum of 100 individuals. This decision stems from the company’s elevated staff cost, currently standing at 54%, which surpasses the acceptable threshold of 34% established by the Water Services Regulatory Board.
Moreover, the company is poised to enact resolutions from its recent full board meeting convened on February 11th, which entails downsizing the overall staff complement to 391 employees. Concurrently, the Ethics and Anti-Corruption Commission is anticipated to initiate investigations into allegations of financial mismanagement at ELDOWAS.
In addition to financial irregularities, the previous management has been accused of organizational misconduct, including instances of abuse of office and extravagant spending on unnecessary trips, exacerbating the company’s fiscal challenges.
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