With a population of over 50 million, Kenya is one of the most populous countries in Africa. It also has a relatively high GDP per capita compared to other East African countries. The Kenyan government employs over 2 million people and there are many organizations that provide employment to Kenyans as well. In this article, we will rank the top 11 best-paying government parastatals in Kenya!
Here is a list of the top 11 best-paying government parastatals in Kenya ranked based on their salary for new entrants
- Central Bank of Kenya (CBK)
- Nairobi Securities Exchange (NSE)
- Kenya Revenue Authority (KRA)
- Kenya Power and Lighting Company (KPLC)
- National Security & Intelligence Service
- Kenya Airports Authority (KAA)
- Communications Authority of Kenya (CAK)
- Ethics and Anti-Corruption Commission (EACC)
- Kenya Pipeline
- National Environmental Management Authority (NEMA)
This is the top best paying government parastatal in Kenya. The Kenya Electricity Generating Company PLC (KenGen) is a governmental parastatal in charge of electricity generation. As a company, KenGen was incorporated in 1954 under the Kenya Companies Act as Kenya Power Company (KPC).
According to the parastatal salary scales in Kenya, KenGen tops the list of the best-paying parastatals in the country. The parastatal pays its graduate trainees a starting salary of between Ksh. 145,000-180,000.
To join this company, you will need skills in electrical and electronics engineering, oil and gas engineering, mechanical engineering, customer service, procurement and purchasing, civil engineering, and sales & marketing.
2. The Central Bank of Kenya (CBK)
The Central Bank of Kenya (CBK) is a banker for, adviser to, and fiscal agent for the government of Kenya. In its operations, CBK aims at promoting the public interest.
A trainee graduate at CBK earns not less than Ksh. 160,000 monthly. On the other hand, the Salaries and Remuneration Commission (SRC) clarifies that a senior manager at CBK should earn not less than Ksh. 600,000 per month. The commission sets the average employee salary at CBK at Ksh. 210,000.
3. Nairobi Securities Exchange (NSE)
NSE is an essential body in terms of savings and investments in Kenya. The parastatal helps local and international companies access cost-effective capital. NSE is one of the best-paying government parastatals in Kenya. A fresh graduate at NSE pockets not less than Ksh. 150,000 per month.
Business-related degrees and CFA qualifications are added advantages in terms of salary. People who possess these qualifications have their salaries in excess of Ksh. 300,000 per month.
4. Kenya Revenue Authority (KRA)
KRA is in charge of revenue collection on behalf of the government of Kenya. The parastatal is tasked with assessing, collecting, and accounting for all revenues in accordance with the written laws.
KRA is one of the best parastatals to work for in Kenya based on its pay. A fresh graduate working at KRA pockets between Ksh. 120,000 to KSh. 165,000 per month. To work at KRA, you will need business-related qualifications like finance and accounting. Moreover, IT experts have a high chance to work at KRA.
5. Kenya Power and Lighting Company (KPLC)
KPLC is in charge of planning for sufficient electricity generation and transmission capacity to meet demand. On top of this, the body builds and maintains the power distribution and transmission networks and retails electricity to Kenyans.
This company is one of the top-paying government parastatals in Kenya. A fresh graduate at KPLC is given a starting salary of between Ksh. 130,000 to Ksh. 160,000. Electrical and electronics engineering skills are in high demand at KPLC.
6. National Security & Intelligence Service
The National Security and Intelligence Service is in charge of security intelligence and counterintelligence. On top of this, the body performs other mandates prescribed by the National Legislation.
This body is among the best-paying government parastatals in Kenya. A new trainee here is paid between Ksh. 119,000 to Ksh. 165,000. The primary skills needed here are forensics and intelligence.
7. Kenya Airports Authority (KAA)
Kenya Airports Authority (KAA) was incorporated in 1991 and is in charge of administering, controlling, and managing aerodromes. This is the body in Kenya that provides and maintains facilities required for the efficient operations of aircraft.
KAA is among the high-paying government parastatals in Kenya. A fresh graduate working for KAA earns a monthly salary of between Ksh. 130,000 to Ksh. 150,000. Most of the employees at KAA earn way over Ksh. 180,000 monthly.
8. Communications Authority of Kenya (CAK)
The Communications Authority of Kenya (CAK) is in charge of facilitating the development of information and communication sectors. The body is in charge of broadcasting, multimedia, cybersecurity, electronic commerce, telecommunications, courier, and postal services.
CAK is among the best paying government parastatals in Kenya. A fresh graduate working here earns between Ksh. 130,000-145,000. Mass media and telecommunications are the main skills needed here.
9. Ethics and Anti-Corruption Commission (EACC)
EACC is the main government agency in the fight against corruption and the promotion of ethical standards, leadership, integrity, and good governance. The body ensures that public properties are protected and not looted by those in positions of power.
EACC is one of the government-owned parastatals that pay its employees handsomely. Fresh entries at this organization earn between Ksh. 120,000-144,000 monthly.
EACC commissioners earn Ksh. 485,000 basic salary. On the other hand, the chairman is paid Ksh. 420,000 while the vice-chairman gets Ksh. 395,000 per month.
The chairman is entitled to Ksh. 200,000 risk allowance, vice-chairman Ksh. 175,000 while other members Ksh. 150,000. When other allowances are included, the EACC’s chairman salary shoots to the excess of Ksh. 1.5 million.
10. Kenya Pipeline
Kenya pipeline is in charge of fostering development and growth by ensuring a sufficient and reliable supply of petroleum products. Kenya pipeline is among the well-paying government parastatals in Kenya with a fresh graduate earning not less than Ksh. 140,000.
11. National Environmental Management Authority (NEMA)
NEMA is in charge of maintaining natural resources and their utilization. It’s among the best-paying government parastatals in Kenya. A fresh employee at NEMA earns not less than Ksh. 80,000 per month.