[Source: The Standard, by Frankline Sunday]
Foreign companies eyeing to do business in the country’s lucrative ICT sector will have to surrender 30 per cent shareholding to Kenyans.
This is according to the National Information Communications and Technology Policy Guidelines 2020, published last week, that spell out new regulatory obligations by companies and individuals working in the ICT sector.
“The government strongly encourages Kenyans to participate in the ICT and science and technology sector through equity participation,” states the regulatory policy published last week by the ICT Ministry…
