L o a d i n g

Longhorn Publishers Ltd commences its organizational restructuring process

Nairobi, July 10, 2017: Longhorn Publishers Limited has today commenced its organization restructuring process, aimed at enhancing operational efficiency while reducing costs.

Speaking during the announcement Mr. Simon Ngigi, Group Managing Director, Longhorn Publishers Limited said “Today we officially launch our restructuring process following a thorough analysis of our business operations model, in line with the emerging challenges affecting the publishing industry in Kenya. The disruption has necessitated the rethinking of our business model and segmentation to enhance our competitive edge. The process will involve a staff rationalization and re-alignment exercise aimed at fundamentally enhancing our operational efficiency, as we endeavor to further accelerate our growth”.

The organizational restructuring process which is set to conclude in August 2017 is guided by the Kenya Labour Laws and global best practices. The process will further bolster our capital base hence accelerating Longhorn Publishers future growth.

“We continue to pursue a clear strategy to become “the number one provider of innovative learning solutions in Africa” delivering superior services to our customers while enhancing value for our shareholders” he added.

“We wish to assure our stakeholders and investing public that the process will be quick, fair and efficient, putting their interest at the center of the entire exercise. We expect a smooth transition with no disruption in serving our customers” he concluded.

 

About Longhorn Publishers Limited

Longhorn Publishers Ltd is the leading publisher of quality educational and creative books in East Africa, Longhorn is the only publicly listed publishing company in the region and it has been expanding minds since 1965.

Longhorn Publishers Ltd is wholly owned and run by Kenyans, with the majority of the holding in the hands of Centum Investment Company. The company achieved ISO 9001:2008 Certification, making it the first non-parastatal company in the region to be certified.

Longhorn Publishers Ltd is the industry leader on all matters digital through its investment in developing digital learning apps and platforms that are accessible to all android devices.

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