business
Warner Bros. Discovery CEO Sees Major Pay Decrease to $39 Million USD in 2022
Reports of Warner Bros. Discovery CEO David Zaslav's salary package has been revealed for 2022 and the numbers show a staggering decline from the year prior. According to Variety, a Securities and Exchange Commission filing had WBD state the total compensation package of their CEO. In 2022, Zaslav only made $39.3 million USD, with $3.1 million USD from his salary. The other portion of his compensation was awarded from stocks and non-equity incentive plans. The number, while still large compared to an average income, saw Zaslav's pay decline significantly from 2021.In 2021, Zaslav earned a staggering $246.6 million USD for his compensation package due to an unprecedented $203 million USD stock option. Previously in 2020, Zaslav earned $37.7 million USD. Additionally, the information disclos...
American tycoons scout for ICT, agritech deals in Nairobi
American investors have given priority to deals in ICT, apparel and agriculture after the Biden...
Data agency certifies 1,600 entities in drive
The Office of the Data Protection Commissioner (ODPC) has issued compliance certificates to...
NCBA net profit hits record Sh13.7bn, increases dividends
NCBA Group has increased its dividends payout for the second straight year after net profit for...
Britam freezes dividend for third year as profit rises to Sh1.69bn
Britam Holdings has posted a Sh1.69 billion net profit for 2022 on reduced costs, marking a...
How TotalEnergies dodged a bullet in Kenyan oil search
French oil company TotalEnergies dodged a bullet in its quest to find commercially viable oil...
Equity, KCB pile pressure on Safaricom in profitability race
Equity Group has narrowed the profit gap with Safaricom to the smallest in eight years.
Kofia za vito: Lamu’s Sh45,000 hat for the civilised
The art of making jewelled hats, commonly known as kofia za vito, dates back over 200 years ago...
Rising water levels in dams raise hopes of end to dry taps in Nairobi
Residents of Nairobi county are set to experience more regular water supplies due to rising...
Storm in NSSF tea cup as tender to restart
The Public Procurement Administrative Review Board (PPARB) has ordered NSSF to restart afresh...
Equity net profit rises 15pc to record Sh46bn
Equity Group's net profit growth has deepened its position as the most profitable lender in the...
KQ marks a decade in losses, eyes profit next year
Kenya Airways (KQ) has reported its tenth consecutive loss after it completed a decade in the...
