wazua Mon, Dec 2, 2024
Welcome Guest Search | Active Topics | Log In | Register

11 Pages«<91011
Latest Jubilee appointments!!!
hardwood
#201 Posted : Friday, June 24, 2016 3:14:21 PM
Rank: Elder


Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
Latest top appointments:

Raphael Tuju
Gen Karangi
Bifwoli Wakoli
Kajembe
Osero
Osumba

http://www.nation.co.ke/.../-/10oijfi/-/index.html
Siringi
#202 Posted : Friday, May 18, 2018 7:29:10 AM
Rank: Elder


Joined: 6/8/2013
Posts: 2,517
House-committee-reveals-69-parastatals-have-no-boards -


methinks Baba's Handshake is causing delay as Baba battles the cartels and CS's who nominate their relatives and girlfriends
"πŸ˜–πŸ˜‘KQ makes money for everyone except the shareholder 😏😏 " overheard in Wazua
Siringi
#203 Posted : Friday, May 18, 2018 7:33:11 AM
Rank: Elder


Joined: 6/8/2013
Posts: 2,517
Sorry-state-69-government-agencies-have-no-boards

Sixty-nine State corporations with multi-billion shilling budgets do not have boards of directors, exposing management problems.

Of these, 30 are without substantive chief executive officers, as it is the boards that are mandated to recruit top managers.

Some are said to be operating without fully constituted boards and top managers, which is affecting their performance...

it lists the National Social Security Fund, which holds in the excess of Sh200 billion in workers' savings, the National Hospital Insurance Fund (NHIF), Kenya Airports Authority and Kenya Ports Authority among those whose boards and management teams are not fully constituted.

Risky affair

β€œIt is such a risky affair that the appointing authority, in this case the President, whose duty it is to appoint board chairpersons, has left this window open. It means that parastatals are easily making decisions involving huge sums of money without the relevant approvals,” complained PIC chairman and Mvita MP Abduswamad Nassir.

β€œThe President needs to act fast if we sincerely want to save taxpayers' money from possible abuse and want to ensure that Kenyans get value for money for the investments made by these parastatals, otherwise the situation as it is now is very wanting,” he added.

Mr Nassir expressed fears that top management teams in the parastatals operating without substantive board chairmen or CEOs could be engaging in illegalities, which could end up not being corrected in good time and result in loss of funds.

He cited the NHIF, which he said was critical in rolling out universal healthcare under President Uhuru Kenyatta's Big Four agenda but which could either stall or be implemented without board approval as the parastatal does not have a substantive chairman.

Hapa wizi tu ... methinks cartels and tenderpreneurs like the current status quo...
"πŸ˜–πŸ˜‘KQ makes money for everyone except the shareholder 😏😏 " overheard in Wazua
Swenani
#204 Posted : Friday, May 18, 2018 9:55:17 AM
Rank: User


Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
Siringi wrote:
House-committee-reveals-69-parastatals-have-no-boards -


methinks Baba's Handshake is causing delay as Baba battles the cartels and CS's who nominate their relatives and girlfriends

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
If Obiero did it, Who Am I?
Users browsing this topic
Guest (2)
11 Pages«<91011
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2024 Wazua.co.ke. All Rights Reserved.