PREMIUM MPs hand CS Mbadi October ultimatum on State parastatals Competitive hiring to replace political appointments. Business 16 min ago
Under the new framework, commercial state entities are expected to transition into profit-oriented public limited companies, with the National Treasury serving as the principal shareholder on behalf of the Government.
Article The government’s reform agenda aimed at turning its agencies into commercial enterprises is taking shape, with National Treasury Cabinet Secretary John Mbadi confirming that the process of recruiting independent board members of the government agencies is in progress.
The board shall consist of a chairperson who shall be an independent director, six persons who shall be independent directors and one person who shall be a public officer in the National Treasury nominated by the Cabinet Secretary.
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