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CMA plans changes to lift the veil on executive pay
The Nairobi Stock Exchange. The markets regulator is working on ways to improve corporate governance in listed companies to ensure firms disclose more information in annual reports, including remuneration for top bosses. Photo/REUTERS
The Capital Markets Authority (CMA) is working on ways to improve corporate governance in listed companies to ensure more disclosure of information in annual reports including remuneration for executive and non-executive directors.
Finance manager James Kitule said during the presentation of cheques for the sponsorship of the Financial Reporting (FiRe) awards that a review was in the process.