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NAIROBI, KENYA: International ICT companies seeking to set up shop in Kenya will have to conform to a new set of rules set out by the government.
A review of the national ICT policy now makes it a must for such companies to let go of 30 per cent of company shares to Kenyans.
In a recent Gazette notice, the Ministry of Information and Communication Technology says the new requirement is part of a wider plan to encourage Kenyans to participate in the ICT and Science and Technology sector through equity participation. Read more