SK Macharia ignores IRA, fires Directline CEO

City billionaire and media mogul SK Macharia. FILE PHOTO | NMG

Businessman and Directline Assurance shareholder Samuel Kamau (SK) Macharia has dismissed the top leadership of the matatu insurer, escalating the standoff with the Insurance Regulatory Authority (IRA).

Mr Macharia on Monday morning stormed Directline’s offices in Nairobi and fired senior management, including chief executive officer Sammy Kanyi and the head of finance.

PAYE Tax Calculator

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