Privatisation stalls over board quorum hitch – Business Daily
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Summary
According to the Mwongozo Code of Conduct for State Corporations decreed by President Uhuru Kenyatta, the board membership for all State Corporations must be between seven and nine members.
The Code says the quorum for Board meetings must be five Members, where the total Board membership is eight to nine and four where the total membership is seven and below.
This is aimed at ensuring effective oversight of State agencies and reducing the risk management of State Corporations undertaking unilateral decisions without input from the board.
According to the Mwongozo Code of Conduct for State Corporations decreed by President Uhuru Kenyatta, the board membership for all State Corporations must be between seven and nine members.
The Code says the quorum for Board meetings must be five Members, where the total Board membership is eight to nine and four where the total membership is seven and below.
This is aimed at ensuring effective oversight of State agencies and reducing the risk management of State Corporations undertaking unilateral decisions without input from the board.
According to the Mwongozo Code of Conduct for State Corporations decreed by President Uhuru Kenyatta, the board membership for all State Corporations must be between seven and nine members.
The Code says the quorum for Board meetings must be five Members, where the total Board membership is eight to nine and four where the total membership is seven and below.
This is aimed at ensuring effective oversight of State agencies and reducing the risk management of State Corporations undertaking unilateral decisions without input from the board.
