A CEO in his 30s earning a million bob a day, meaning he takes home a jaw-dropping Sh375.6m in a year? In what is the ultimate nightmare for an editor, Centum Investment Chief Executive Officer James Mworia has trashed the fabulous story in the Business Daily on his stratospheric earnings. The Sh375.6 million remuneration had placed Mworia ahead of the pay of chief executives of largest firms like Safaricom and KCB Group. Centum Investment started reaping massive benefits after a shift from passive equities investments to large scale projects in different sectors of the economy. Centum Annual ReportAccording to the Centum Annual Report, total salaries for the key management team is Sh102 million, performance bonus of Sh472 million and retirement scheme contribution of Sh7 million for the year 2017.

Source: Standard Digital September 13, 2017 08:53 UTC