Lolani Kalu, a renowned journalist formerly associated with NTV, has recently resurfaced on our television screens. Despite his well-known “Malimwengu na Lolani” segment, Lolani is now a part of the cast of Citizen TV’s Sultana soap opera.
Throughout life, the inevitability of job transitions is something we all encounter, and it is prudent to be prepared for such eventualities. Just as retirement eventually comes knocking, the passage of time emphasizes the need for proactive readiness.
In Kenya, it’s noteworthy that when individuals reach the age of 55, numerous companies offer the option of retirement. Notably, employees within larger Kenyan organizations, like the Supreme Court, have the possibility to retire at the age of 70. Hence, it becomes imperative for citizens to proactively save for their eventual retirement.
In the interim period of having leisure time, considering investment opportunities in smaller enterprises while still employed is a prudent step. Building a financial safety net through savings is a key measure to ensure a fallback plan during unforeseen emergencies. Lolani, having faced challenging times after his departure from NTV Kenya after 18 years of service, serves as a poignant example.
A fundamental realization is that no job is immune to uncertainty, as the intentions of employers are not always predictable. The prospect of them departing to explore new avenues is a possibility. Regardless of efforts, preventing them from selling a business is beyond control.
Anticipatory planning remains crucial for employees, as the exact timing of a potential job loss is unpredictable. Regrettably, many individuals have faced the unfortunate consequence of disappearing from the workforce following layoffs. Others, under financial duress, have had to make the difficult choice of distancing themselves from their families.
It’s crucial to understand that companies, often prioritizing their interests over employees’, may resort to layoffs when deemed necessary, without second thought.