Standard Chartered Bank Kenya has assured its shareholders that it will comply, without risk, with the Supreme Court decision to pay 7 billion Kenyan shillings, approximately $54.2 million in compensation to beneficiaries in a pension calculation error case. Indeed, the bank has been involved in a legal battle worth several billion shillings for 16 years…...
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Kenya: StanChart set to pay $54 million in compensation to former employees
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
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