Home News Isaboke’s Wealth Revealed: Broadcasting PS Nominee Declares Ksh.680M Net Worth

Isaboke’s Wealth Revealed: Broadcasting PS Nominee Declares Ksh.680M Net Worth

  • Stephen Isaboke, the Principal Secretary nominee for the State Department of Broadcasting and Telecommunications, has revealed his net worth stands at Ksh680 million.
  • His wealth is composed of real estate, vehicles, shares, bonds, and cash.
  • Isaboke also shared insights into his leadership approach, emphasizing law-based guidance and empowering his team.
  • He assured that he would uphold media freedom while respecting the constitution.
  • Isaboke holds an MBA and B.Com from the University of Nairobi, with an extensive career in MultiChoice and regulatory roles.

During his appearance before the Parliamentary Committee on Appointments on April 4, 2025, Stephen Isaboke, the nominee for Principal Secretary of the State Department for Broadcasting and Telecommunications, estimated his net worth at Ksh680 million.

In his detailed presentation, Isaboke outlined the components of his wealth, which include real estate holdings such as land, houses, and apartments, alongside vehicles, shares, bonds, and cash.

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“My net worth is Ksh680 million, consisting of land, houses and apartments, cars, shares, and bonds and cash,” Isaboke stated.

Leadership Approach Focused on Law and Empowerment

Isaboke also took the opportunity to shed light on his leadership style, emphasizing his commitment to operating within the boundaries of the law. He acknowledged the well-defined roles and responsibilities associated with the position of Principal Secretary, as outlined in both the constitution and the Public Service Commission Act.

“My leadership approach will focus on empowering and enabling those around me to ensure they understand their roles and responsibilities in delivering services to the public,” Isaboke said, signaling his intention to foster a collaborative and effective work environment.

Media Freedom and Constitutional Respect

On the subject of media freedom, Isaboke reiterated that freedom of speech is enshrined in Kenya’s constitution, and as such, it must be upheld. He explained that his approach would be to always reference the law and ensure that both government agencies and media operators respect constitutional principles.

“Media freedom and freedom of speech are enshrined in our constitution, and no one can touch them. My approach will be to refer to the law first and make sure the constitution is being respected by both government agencies and media operators,” he affirmed.

Education and Career Background

Isaboke’s academic credentials include a Master of Business Administration (MBA) in Strategic Management and a Bachelor of Commerce (B.Com) in Business Administration, both from the University of Nairobi. His career trajectory in the corporate world began with MultiChoice Kenya, where he served as General Manager starting in January 2008.

His leadership journey progressed when he was promoted to Regional Director for East Africa in 2011. In 2018, Isaboke achieved another milestone by becoming MultiChoice Africa’s Group Executive Head of Regulatory Affairs in Dubai, making him the first Kenyan to join the company’s executive ranks in the region.

Apart from his roles within MultiChoice, Isaboke has held significant positions as the Chairman and Non-Executive Director of GOtv Kenya Ltd and as a director at Aura Kenya.

Conclusion: A Leader Focused on Law, Empowerment, and Media Freedom

Stephen Isaboke’s wealth and career accomplishments paint a picture of a seasoned professional with deep expertise in both business and regulatory affairs. As he steps into the role of Principal Secretary for Broadcasting and Telecommunications, his commitment to law-based leadership and his unwavering support for media freedom promise to shape his tenure. His vast experience and strong leadership principles are sure to guide him in navigating the complexities of the broadcasting sector.