Thika-based fast goods manufacturer Bidco Kenya will soak up increased staff costs after it signed a 19.5 per cent pay rise deal with unionisable workers.
The collective bargaining agreement (CBA) was signed between the edible oil and soap maker and Kenya Chemical Workers Union (KCWU) on Wednesday.
“Bidco is a company that has been building Kenya for 30 years and this is another example of how you do it,” said KCWU secretary-general Ogutu Were.
“We are partners and I am proud of our new CBA. We thank the management for engaging with us and putting the interests of employees first. Bidco is an important business in Kenya and we want you to grow and create even more jobs.”
Bidco Group chief executive Thiagarajan Ramamurthy said the company would implement the agreement in full going forward.
“We commit to live by this agreement and implement it fully for the benefit of the entire Bidco family. Everything that we produce should be quality, everything we think in our mind is quality and the environment that we manage should be quality.”
The firm, established in 1985 by Bhimji Depar Shah and sons Vimal Shah and Tarun Shah, intends to establish more processing plants in the new Tatu industrial zone on the outskirts of Ruiru, Kiambu County. It is also present in Uganda.
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