The Treasury has a 60 percent stake in Kenya Re and holds sway on who sits on the board of the reinsurer.
By
Patrick Alushula
Business Reporter
Nation Media Group
The Treasury has ejected four of its representatives from the Kenya Reinsurance Corporation (Kenya Re) board, including chairman Erick Gumbo, in a bid to quell tensions that have rocked the firm since last year.
In the judgment, the court held that the renewal of a CEO’s contract in a State corporation is not solely a board decision but is…
Repeated attempts by Kenya’s Treasury to expand KRA’s enforcement powers have again been blocked by MPs, reflecting ongoing…
Repeated attempts by Kenya’s Treasury to expand KRA’s enforcement powers have again been blocked by MPs, reflecting ongoing…
The High Court has quashed the appointment of four State Corporations CEOs including Dr Philip Kiptanui of MTRH and Agnes Kalekye…
Cabinet Secretary for National Treasury John Mbadi has claimed that some leaders from the Mt Kenya region are not happy ever…
The changes come after the State-owned transmission firm cancelled its earlier advert following a protest letter warning of legal…
