The CEO pay of State-owned firms listed on the Nairobi Securities Exchange (NSE) trailed the executive salaries of their private sector counterparts.
Regulatory disclosures revealed that managing directors of KenGen #ticker:KENGEN, Kenya Power #ticker:KPLC and East Africa Portland Cement Company (EAPCC) earned less than 10 per cent of what top earners like KCB #ticker:KCB chief executive Joshua Oigara earned last year.
