MPs seek to cap terms of State firms bosses at 3 years

The 13th Parliament in session. 

Photo credit: File | Nation Media Group

The tenure of all chief executive officers and director-generals of State entities will be capped at three years, with the option of an extending it by a similar period if lawmakers push proposals to amend the law.

The National Assembly Departmental Committee on Transport and Infrastructure says that a Bill amending the State Corporations Act to standardise the tenure of these bosses at three years needs to be sponsored.

PAYE Tax Calculator

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