Sharp Daily
No Result
View All Result
Friday, July 4, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Outgoing Governors, Deputies To Earn Over Ksh1.3Billion Send Off Package

Sarah Wamaitha by Sarah Wamaitha
August 26, 2022
in News
Reading Time: 1 min read
Former Council of Governors chairman Wycliffe Oparanya

Following the recent elections, that resulted in the replacement of 37 county heads, departing governors and their deputies will receive sendoff packages worth more than Ksh1.3 billion.

In the general elections on August 9, 2022, voters ousted 16 governors, while 21 did not run for re-election after serving their second and final terms.

For each year of service, each exiting governor is entitled to a gratuity equal to 31% of their yearly basic salary. According to a circular from the Salaries and Remuneration Commission (SRC), governors received a basic monthly wage of Ksh924,000, while their deputies took home Ksh621,250.

Read: Benefits President Uhuru Kenyatta Will Enjoy After Retirement

RELATEDPOSTS

Wage bill decline projected to continue as SRC pushes for further cuts

October 17, 2024

Doctors to decide on strike as negotiations with govt reach conclusion

April 23, 2024

Accordingly, for the five years they served, taxpayers would pay each county leader Ksh17.2 million in gratuity, or 31% of their annual base pay, while their subordinates will keep Ksh11.55 million.

The 21 retiring county executives will receive Ksh721.83 million, while the 16 one-term governors will receive a total of Ksh275.2 million. The sum now equals Ksh997.03 million.

Under the 16 county leaders, deputy governors would be paid a total of Ksh77.28 million, while those who worked for the 21 governors will be paid a total of Ksh201.6 million.

Read: DPO Group CEO Eran Feinstein Announces His Retirement

In addition to the monthly payouts, they are asking for a lump sum payment equal to their annual salary, a 3,000cc four-wheel-drive automobile, fuel reimbursement, a driver, a personal assistant, and medical insurance for both domestic and international treatment.

According to the benefits provided to retiring presidents, vice presidents, chief justices, and parliamentary speakers, governors and their deputies are requesting a lifelong monthly pension of Ksh739,200 and Ksh700,000, respectively.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Bamburi Cement’s Half-year Profits Dwindle To Ksh124 Million

Next Post

How SMEs Contribute To Economic Growth

Sarah Wamaitha

Sarah Wamaitha

Related Posts

Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025
Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025
Economy

Resilient but strained: Kenyan firms speak out in May 2025 CEO survey.

June 19, 2025
News

Co-op Bank posts KES 6.9 billion profit in Q1’2025

May 16, 2025

LATEST STORIES

Del Monte foods files for bankruptcy in USA

July 3, 2025

Lessons from the Kuramo-TransCentury fallout

July 3, 2025

Private vs Public Pension Funds in Kenya

June 30, 2025

The mechanics of currency manipulation

June 27, 2025

Understanding how to access your pension savings in Kenya.

June 27, 2025

What happened to president Ruto’s economic dream?

June 27, 2025

Opinion: Populism feeds votes, not growth

June 27, 2025

Competitive advantages of small businesses

June 26, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024