Sam's Blog (4)
"And so, to sum it all up, I perceive everything I say as absolutely true, and deficient in nothing whatever, and paint it all in my mind exactly as I want it to be." Don Quixote, vol. 1, pp. 157.
Kenya Airways net operating loss worrying! Company highly indebted to a tune of Kshs 90 billion as of 31st March 2014Written by Mustapha B. Mugisa
There may be something wrong at Kenya Airways (KA) investors are yet to know. The region’s leading Airways Company has reported a loss per share of Kshs 2.25 (US $0.025) for the year ended 31st March 2014; a slight improvement compared to Kshs 6.35 in y/e 2013. For published summary financial results, download Table 1.
Will KA’s struggles end soon?
The performance of KA has been wanting for the last few years despite the high investment. Although the Airline’s net loss reduced from Kshs 7.9 billion to Kshs. 3.4 billion, the current loss is still on a higher side considering the capital injected. Financial institutions and other businesses like manufacturers are making lots of profits with considerably low capital invested. Kenya Airway’s return on capital is very low compared to other industries – something making analysts wonder whether investment in air transport is a good bet.
How are you using the Internet to grow your career and or business?
According to Wikipedia, global Internet penetration is on the rise. In 2005, a total of 1.04 billion people were using the Internet out of the total global population of 6.5billion. In 2013, about 2.769 billion people were using the Internet out of the total global population of 7.1 billion. That is 39.4% Internet users of the global population. Most importantly, there is an exponential growth in the use of Internet globally.
Getting a job is one thing and climbing the corporate ladder is another ballgame. It takes talent, strategy and hard work.
It is common to find folks who have occupied the same position for over five to 10 years! That is called career stagnation. You risk being vulnerable to your current employer as your transfer price (extra pay to leave your current job) lowers due to real or perceived limited experience.