EDITORIAL: Parastatal board members pay raise is not tenable
5 days ago, 17:15
It sends out a bad signal when the Treasury raises payments for parastatal board members by up to 87.5 per cent at a time when the government is busy preaching austerity. While it is reasonable for board members to get reimbursement for their expenses while serving either in public or private corporations, board membership should never be compensated like an everyday job. The current scenario where non-executive parastatal directors are taking home up to Sh250,000 per month, including numerous a ...
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