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Kenya Fires Head of Fund That’s Biggest Investor in Stock Market
Gordon Gekko
#21 Posted : Tuesday, October 01, 2013 1:46:46 PM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
Museveni wrote:
NSSF starts search for chief to replace Tom Odongo amid row

Quote:
In Summary

~ NSSF will be hiring its seventh chief executive in five years, underlining the office as one of the most volatile in corporate Kenya.

~ The job has been entangled in politics with its occupants being axed after falling out with the minister heading the Labour docket.

~ The hiring of a new CEO at the fund comes amid opposition to the draft Bill, with the government being accused of locking out Federation of Kenya Employers (FKE) and the Central Organisation of Trade Unions (Cotu) from the NSSF board.


You cant prescribe the same solution to a problem (seven times) and expect a different result. NSSF has also cleaned out the entire management, but the results are still the same - corruption, rot, scams. It follows that the other option is cleaning out the Board as this could be the weak link. FKE and COTU must step aside and lets see if this will be the solution.
nostoppingthis
#22 Posted : Saturday, November 02, 2013 3:26:45 PM
Rank: Chief


Joined: 8/24/2009
Posts: 5,909
Location: Nairobi
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