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Hope for ‘pyrethrum pensioners’

Pyrethrum Processing Company

Pyrethrum Processing Company of Kenya workers at the Nakuru factory in July 2017. The firm is to sell some of its assets to pay pension dues.

Photo credit: File | Nation Media Group

What you need to know:

  • PPCK boss says the firm has identified some assets that it plans to dispose of.
  • Pyrethrum processing firm retirees have been waiting for their dues for decades.

Pensioners at the financially troubled Pyrethrum Processing Company of Kenya (PPCK) in Nakuru City may soon start receiving their delayed pensions.

The board of the Nakuru-based company has approved the sale of 14 major assets worth millions of shillings to clear the pensioners’ dues.