STELCO
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NewsFenaka Managing Director Afeef dismissed
Mohamed Afeef has been dismissed as the Managing Director of Fenaka Corporation, the third person to hold the role under the current administration. His removal comes amid government efforts to dissolve the utility company and reduce the state-owned workforce by 33 percent. No official reason for the dismissal has been provided.
NewsFenaka offers voluntary redundancy packages for STELCO merger
Fenaka Corporation is offering voluntary redundancy packages with three months' salary as it prepares to merge with STELCO. This move is part of a broader government initiative to restructure state-owned enterprises and reduce the workforce by 33 percent to cut public expenditure. Interested staff must submit their resignations by tomorrow.
Business
Subsidy spending hits MVR 4.1 billion
News
Private parties to be held liable for cable damage during digs
Business
Fenaka and RDC to be dissolved
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STELCO suspends employee following live TV exposure
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STELCO exposed on live TV for forcing employees to join PNC
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Only seven of 243 Fenaka projects are active: Nazim
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Fenaka terminates 12 employees from Veyvah branch
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STELCO electrician fired for joining "Job Thursday" rally
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Concern as Muizzu regime retaliates with dismissals
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Govt begins terminating employees linked to Sobe
Business
Ali Azwar appointed Managing Director of STELCO
Business
STELCO refuses to disclose cost of Ramadan electricity discounts
Business
MWSC gets fired STELCO Chief as new Managing Director
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Power cuts at opposition campaign events
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ACC investigates Shamah less than 24 hours after dismissal
Business
STELCO Managing Director Shamah sacked
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STELCO employee dies due to injuries from electrocution
News