Coffee grower Eaagads directors work for free

Mr Evans Monari, the chairman of Eaagads, says the zero compensation will end when dividends are declared. PHOTO | SALATON NJAU

Directors of coffee grower Eaagads #ticker:EGAD have been working for free, making it the only Nairobi Securities Exchange-listed firm to have board members who are not being paid in any form.

At the company’s annual general meeting on Thursday, shareholders will note that the directors did not receive any remuneration for the year ended March, same as the year before.

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Note: The results are not exact but very close to the actual.