@BusinessDaily

EDITORIAL: Parastatal board members pay raise is not tenable

5 days ago, 17:15

By: Editorial

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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@BusinessDaily

EDITORIAL: Parastatal board members pay raise is not tenable

5 days ago, 17:15

By: Editorial
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 ...
Read More

Category: business news corporate lifestyle economy opinion markets

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8 hours ago, 16:42
@BusinessDaily - By: Muthoki Mumo
Somen brothers link up in tech startup

David Somen has joined his brother Jonathan Somen’s cloud services startup, Eldama Technologies ...

Category: business news corporate
8 hours ago, 17:20
@DailyNation - By: Paul Redfern
Experts warn of Africa’s new debt crisis

Concern is growing that 2018 could be the year that sub-Saharan Africa sees a new debt crisis, nearly 20 years since the last one was said to have been resolved. ...

Category: topnews news business
1 hours ago, 23:42
@StandardMedia - By: Lee Mwiti
Processor cuts raw milk and retail prices on over-supply

Farmers are the biggest losers in the wake of a tumble in shelf prices following increased production in the last... ...

Category: business news
1 hours ago, 23:42
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Kenya Breweries to contract 30,000 sorghum farmers

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