East African Portland Cement Company (EAPCC) has fired all of its top managers amid a restructuring plan that will see the loss-making firm sell 2,000 acres of prime but idle land in Mavoko, Machakos, to boost its finances.
The firm last week issued the 136 supervisors and managers with dismissal notices, although it has also revealed plans to rehire some of them on 40 percent of their previous pay.
