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Teachers, lecturers among the best paid in Kenya, top list of workers earning over Sh100,000

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Lecturers, tutors and teachers dominate the list of formal employees who earn above Sh100,000 per month, official statistics show, reflecting their negotiating power.

Workers in the education sector who earned in this pay bracket increased by 805 to 17,001 in 2017 compared to a year earlier, data released by the Kenya National Bureau of Statistics (KNBS) shows.

That is an equivalent of 22.13 percent of the 76,804 formal employees who were paid in the upwards of Sh100,000 in 2017.

Overall, only 2.89 percent of the country’s 2,656,553 workforce in formal employment were in that pay category.

Employees in the education sector made up a third of the additional 2,511 workers who joined the Sh100,000 or more monthly pay club in 2017.

Teachers and lecturers have a strong negotiating power for a pay increment, through the Collective Bargaining Agreement (CBA) with their employers.

Teachers, through their union, signed a CBA on October 20, 2016 with the Teachers Service Commission (TSC), giving them a cumulative pay rise of Sh54 billion to be implemented in four years from July 2017.

The number of workers in financial services pocketing more than Sh100,000 nonetheless fell by 147 to 11,459 last year compared with 2016.

A similar trend was witnessed in agriculture where top-earning employees dropped by a further 40 to 2,892. This means agricultural workers in this category have nearly halved compared to 5,433 in 2015 amid rising mechanisation and digitalisation of farm operations.

The number of employees in the wholesale and retail trade, repair of motor vehicles and motorcycles whose pay was within this pay category rose by 244 to 10,504 workers.

Construction and manufacturing were also among key economic sectors which witnessed a rise of 142 and 51 to 4,840 and 6,034 employees, respectively.

Business Daily

 

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Business

UK investors to develop 80,000 affordable houses in Kenya

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By JUDITH GICOBI

Investors from the United Kingdom have made a deal to construct 80,000 houses, which will be under President Kenyatta’s new affordable housing project.

The project to build the new housing units was finalized during the inaugural UK-Africa Investment Summit held in London last week, according to Housing Principal Secretary Charles Hinga.

“During the UK tour, we managed to get potential investors for 80,000 units, 30,000 of them under Nairobi Urban Renewal and 50,000 as rental units,” said Hinga.

At the summit, the Kenyan team by President Kenyatta made deals worth KSh170 billion. In a statement by the British High Commission in Nairobi, said the deals covered through housing, finance, renewables, and entrepreneurship “will create a new lasting partnership that will deliver more investment, jobs, and growth to Kenya.”

Through the National Affordable Housing Programme (AHP), Kenyatta’s government aims to construct 500,000 new units across the country by 2022.

The housing project, together with food security, universal healthcare, and manufacturing, are Kenyatta’s four main pillars that will build his legacy.

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US billionaire investor exits Kenya, sells 3,700 acre farm in Siaya County

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By JUDITH GICOBI

Calvin Burgess, an American tycoon, is reported to have sold his multi-billion-shilling farm in Kenya after what he cited as frustration by politicians.

Calvin is reported to have sold his 3,700-acre Dominion Farms in Siaya County to a powerful Rai family, as written in a gazette notice dated January 13th, 2020. 

The billionaire blames ODM leader Raila Odinga and his political allies of sabotaging his farm despite investing billions and providing jobs to many Kenyans at the farm.

In a report by Sunday Nation, the large farm was bought by Lake Agro Company, belonging to Jasweet Singh Rai, Tejveer Singh Rai, and Onkar Singh Rai. Calvin has to settle all the debts and bills accrued to the company before the completion of the transfer. 

Dominion farms was founded 17 years ago, where they had plans of expanding to becoming the largest farm in Africa. In 2017, he wrote a 22-page report of how Odinga was sabotaging his investments after he declined to support his presidential bid and campaigns in 2007. 

But Odinga and his close political allies dismissed the allegations. In 2017, former Gem MP Jakoyo Midiwo and other ODM leaders still defended Odinga from the claims.

“We know he is planning to relocate, but we want him to leave the farm machinery intact because they were bought in this country with money generated from the sweat of our people.”

“Odinga is not a beggar as Burgess is trying to portray him. We are not going to allow him to continue tainting the image of our leaders,” Midiwo said.

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VIDEO: Raila declares his wealth on National TV, says he is worth Shs 2Billion

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ODM leader Raila Odinga has revealed that the Odinga family is worth Sh2 billion, denying claims that the family has exploited its big influence in politics to make a huge financial fortune.

The former Prime Minister further denied claims that the ongoing Building Bridges Initiative consultative forums have cost the taxpayer Sh10 billion.

The ODM leader clarified that the Odinga family wealth is more in terms of properties the family has acquired over time and the shares they have invested in several companies in the country.

“I am not rich. I am just about Sh2 billion which we own collectively as the Odinga family,” he said, when challenged to declare his wealth.

“The wealth is in terms of property and investment in shares,” he added, pointing that the family is doing anything for the benefit of the People of Kenya and not the luo community.

He denied suggestions that the Odinga family had used its influence to create wealthy for themselves, pointing out that his siblings, just like other Kenyans, are earning salaries from their jibs which they got competitively.

“Our father Odinga died a poor man. There is nothing we inherited from him as his children. It must be remembered that throughout his life that he was in government for only two and half years.”

He was speaking on Sunday during a live interview with the NTV’s Consulting editor Joseph Warungu at his Karen home.

The interview touched on Mr Odinga’s relationship with DP William Ruto, the relationship between the Odingas and Kenyattas, the ongoing debate on the Building Bridges Initiative and his role in the politics beyond 2022.

However, the former PM, who has emerged as the public face of the BBI campaigns, took on the media which he accused of developing a counter narrative on the process, especially the cost incurred so far on the BBI process since it started early last year.

IN particular, he appeared pricked by suggestions that the process has so far gobbled up to Sh10 billion, which he said was propaganda propagated by the media to demonise the process.

“Where is this Sh10 billion,” he asked Mr Warungu, even as he appeared to be agitated. “Who has spent this money and where is it coming from?”

“I sometimes think the media should be bold enough to explain where they get this kind of information of figures from.”

He insisted that the BBI regional campaigns have been cheap as they only require a podium and a public address system.

“People will come on their own as they don’t need to be bused to the venues.”

On Mr Ruto, the former PM said he had no personal problem but revealed that he does not like the DP’s modes operandi, especially in terms of the huge amounts of money he donates to fund raisers every weekend.

He also rejected claims that BBI is an enterprise whose purpose is to sideline Mr Ruto or that he is interfering in decision making in both Jubilee and government.

“I am not in government and therefore the question of interfering does not arise,” he said, dismissing assertion that he maintains a great influence in the manner in which President Kenyatta makes decisions.

“I don’t know about influence because I don’t make decisions in government. In fact I don’t discuss government issues or Jubilee party with the President because he is competent to make such decisions.”

The two were members of ODM during the grand coalition government of between 2008/13 but fell out over the issues related to the indictments related to the 2007/08 post elections issued by the international criminal court.

During the interview Mr Odinga revealed they had fallen out after he, as PM, tried to suspend Mr Ruto over the scandal involving the sale of maize from the National Cereals and Produce Board.

A probe conducted by an audit firm Price Waterhouse had indicted Mr Ruto, then Agriculture Minister, for the scandal in which Mr Ruto had authorized the NCPB to dish out maize to MPs friendly to him who later sold to the Millers, triggering the rise of retail price of maize flour.

However, the suspension was rejected by President Kibaki on the account that he had not been consulted.

“Our relationship is cordial only that he does things that are contrary the known ways of doings things,” he said,

He said the large contributions the DP makes are dubious and only corrupts the national politics.

-Nation.co.ke

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