Chief Executive Officers (CEOs) of the 10 largest firms listed on Nairobi Securities Exchange (NSE) took a Sh82 million hit on their collective annual bonuses in 2023, as shareholders returns in the form of dividends declined amid flat profits.
An analysis of bonus payments published on respective annual reports by the firms shows that their top executives took home Sh734.7 million in the 2023 financial year, down from Sh816.3 mullion in 2022.
