Jeff Koinange’s Salary: Jeff Koinange is one of the highest paid media personalities in Kenya. His salary surpassed that of many top journalists and corporate figures when he joined Royal Media Services from KTN in February 2017. His pay package is said to stand at an astonishing Sh. 2 million per month.
It was further reported that Mr. Kojnange’s extra earnings stand at between Sh. 1.5 million and Sh. 2.5 million.
Effectively, Mr Koinange’s salary became equivalent to about what six presenters take home in salary and aspires to rival that of the company’s CEO, Waruru Wachira.
Jeff Koinange’s houses to be auctioned over Sh. 130 million debt
This high salary is the reason why the popular journalist left many in shock after news broke that his two houses estimated to be worth Sh. 200 million had been put up for auction three years ago. The houses are on auction over a Sh. 130 million NCBA debt. Of this figure, it is reported that Jeff has failed to repay some Sh. 65 million.
In March 2020, Jeff was one of the affected employees who took a pay cut after Royal Media Services announced a 30 per cent salary cut for all employees.
Koinange has previously been the breakfast host at HOT 96, the English station owned by Royal Media Services. He previously served as the Africa correspondent for CNN and CNN International from 2001 to 2007, and later as chief reporter at TV station K24 from 2007 to December 2012.
Before joining KTN, he has also worked with worked with KTN on his brand news program Jeff Koinange Live. He previously served as the Chief Anchor, Africa for Arise Television Ltd based in Johannesburg.
