Twelve Nairobi Securities Exchange-listed companies are bearing the heaviest executive compensation burden as measured against their profitability, recent pay disclosures show.
Top of the list are cement maker ARM #ticker:ARM, national carrier Kenya Airways #ticker:KQ, TransCentury #ticker:TCL, Deacons #ticker:DCON, East African Cables #ticker:CABL, Home Afrika and Express Kenya #ticker:XPRS, which paid their bosses tens of millions of shillings even as they sank into losses.