Higher education is a key determinant in the success of developing nations. In order to provide high quality business management education universities in Africa need to offer competitive compensation to their faculty. This study compares the business faculty compensation of a base institution to three competitor universities in East Africa. The findings indicate the base institution's compensation package is only somewhat competitive and that the business management faculty's satisfaction with the evaluation and reward and incentive systems is low. Administrative staff compensation is competitive to other universities but not the non-academic sector. The support staff is overpaid.