Radio Africa Jobs: Employees at Radio Africa Group are set to lose their jobs as the hard economic times that have gripped the country worsen. Radio Africa Group owns several popular media brands which include Kiss FM, Classic FM, The Star Newspaper, Radio Jambo, East FM, Gukena FM, Smooth FM, and Homeboyz Radio.
A memo signed by the group CEO Patrick Quarcoo dated Monday, November 18, has cited the downward pressure on total revenue as the main reason that has led to employees being rendered redundant.
“In accordance with the provisions of section 40 of the Employment Act, No 11 of 2007, Radio Africa Limited hereby gives one(1) month’s notice of the intended redundancies.” reads the memo in part.
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“In line with the current HR handbook, Radio Africa Limited shall give the employees declared redundant one(1) month’s notice or, alternatively, pay one(1) month salary in lieu of notice and severance pay at the rate of (15) fifteen days pay for each year of service. Further the affected employees will be paid up to and including the date of termination all statutory dues.”
The memo has also indicated that the company has not been returning good revenues. “We are now five months into our new financial year and we continue to experience downward pressure on total revenue. This now requires a phased restructuring of our business which may include reorganization of job positions, job roles, as well as operational and divisional structures in the company,” the internal memo says on the Radio Africa jobs at risk.
