Dear listers,I am overwhelmed by all the kind messages, calls, texts, emails and comments across platforms. It really is good to be home!Thanks Indeje for sharing this. As you're all aware I'm a (very) proud KICTANetter and a loud advocate of the amazing work we do here as a one stop shop for all stakeholders in the ICT Policy field with such meaningful work recognized locally, regionally and globally. Our intention as an org at ICANN and on my personal behalf, is to remain actively engaged in the community, to continue working collaboratively and to keep building on the amazing foundation that @Bob Ochieng set up for us. Bob (in his new VVIP role as Senior Director, New gTLD Subsequent Procedures still at ICANN :) ) and I still remain in Nairobi at our Africa Engagement Center in the CBD, a call/text/tweet/email away.P.s. I was in the inaugural KESIG class #proudalum :)_______________________________________________On Tue, 18 Jul 2023 at 12:46, <kictanet-request@lists.kictanet.or.ke> wrote:Send KICTANet mailing list submissions to
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Today's Topics:
1. Re: Congratulations Ms June Okal🎉🎉 (sheriff)
2. Re: Call for Comments for Removal of 30pct local Shareholding for Foreign ICT Companies
(Linda Wairure)
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Message: 1
Date: Tue, 18 Jul 2023 12:05:32 +0300
From: sheriff <ambanishariff@gmail.com>
Subject: [kictanet] Re: Congratulations Ms June Okal🎉🎉
To: Kenya's premier ICT Policy engagement platform
<kictanet@lists.kictanet.or.ke>
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Message: 2
Date: Tue, 18 Jul 2023 12:42:48 +0300
From: Linda Wairure <lindagichohi@gmail.com>
Subject: [kictanet] Re: Call for Comments for Removal of 30pct local
Shareholding for Foreign ICT Companies
To: "Kenya's premier ICT Policy engagement platform"
<kictanet@lists.kictanet.or.ke>
Message-ID:
<CAAz4j=Ad=J09SP8Lm+WYC+KymnwXAQUULtgbo6LcrwNtk789sA@mail.gmail.com>
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Removal of the 30% local shareholding will attract foreign investment,
stimulate economic growth, foster innovation, technological advancement,
promote competition and market efficiency, expand export potential and
access to global markets.
However, on the cons echoing Mr. Walubengo's sentiments. There are certain
risks to it such as; potential loss of local control and influence over the
ICT sector, decreased incentive for knowledge transfer and skills
development, risk of economic leakage and reduced local economic benefits
and disruption to existing local ICT companies and potential job losses.
Case Study:
1. Malaysia Digital replaces Multimedia Super Corridor exempting foreign
companies in certain areas from local ownership requirements. This led to
the boost of foreign investment.
https://www.mondaq.com/fin-tech/1227186/multimedia-super-corridor-msc-to-malaysia-digital-md-a-revamp-of-malaysias-digital-economy-initiative
2. Singapore's Information Development Authority, business incentives for
foreign investors. However, most of them have local ownership requirements
in order to promote knowledge transfer and foster collaboration with local
entities. The policy aimed to ensure that foreign investors partnered with
local companies, enabling technology and skills transfer to the local
workforce. The IDA closely monitored compliance with the policy and
provided support for companies to meet the requirement. This approach
helped attract foreign investments while promoting local capacity building
and innovation in the ICT sector.
https://www.aseanbriefing.com/news/business-and-tax-incentives-for-foreign-investors-in-singapore/
https://www.imda.gov.sg/how-we-can-help/smes-go-digital/start-digital
3.India's Software Technology Parks (STP) implemented a different approach
by not mandating a specific local shareholding requirement for foreign ICT
companies
On Wed, 12 Jul 2023, 13:40 Barrack Otieno via KICTANet, <
kictanet@lists.kictanet.or.ke> wrote:
> Out of curiosity, has anyone done some research or come across research on
> the impact of this directive on the ecosystem. Is the ecosystem extractive
> or beneficial. Can we measure the level of knowledge transfer that such a
> directive has resulted in?, it would be nice to have a debate on the pros
> and cons which can be part of our contribution.
>
> Best Regards
>
> On Wed, Jul 12, 2023 at 1:04 PM Wainaina Mungai via KICTANet <
> kictanet@lists.kictanet.or.ke> wrote:
>
>> My comment would be to echo Walubengo's point in April 2023:
>>
>> "The rationale for the 30% rule was simply to ensure foreign investors,
>> especially in the high-tech sector like ICT, would be forced to partner
>> with locals for purposes of knowledge transfer."
>>
>> -- Instead of removing the requirement, improve monitoring and reporting
>> on the tech and knowledge transfer.
>>
>> -- Enhance transparency in operator licencing to minimize the abuse of
>> the requirement.
>>
>> Removing the requirement may mean the local gatekeepers and brokers will
>> achieve their armtwisting without any risk of exposure.
>>
>> My two cents...
>>
>>
>>
>> On Wed, Jul 12, 2023, 12:09 PM David Indeje via KICTANet <
>> kictanet@lists.kictanet.or.ke> wrote:
>>
>>> Dear Listers,
>>>
>>> Kenya’s Ministry of Information, Communications and Technology has
>>> proposed the removal of the 30% local shareholding requirement for foreign
>>> ICT companies. The National ICT Policy Guidelines, 2020, gazetted under
>>> section 5(4) of the Kenya Information and Communications Act (KICA) (No.2
>>> of 1998), currently requires all licensees to comply with the 30% local
>>> shareholding provisions within a 3-year grace period.
>>>
>>> For more information: State frees Airtel, tech giants from 30pc local
>>> stake sale - Business Daily (businessdailyafrica.com)
>>> <https://www.businessdailyafrica.com/bd/economy/state-frees-airtel-from-30pc-local-stake-sale-requirement--4300564>
>>>
>>>
>>>
>>>
>>>
>>> --
>>> *Kind Regards,*
>>>
>>> *David Indeje*
>>>
>>>
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>>
>> KICTANet is a multi-stakeholder Think Tank for people and institutions
>> interested and involved in ICT policy and regulation.
>> KICTANet is a catalyst for reform in the Information and Communication
>> Technology sector. Its work is guided by four pillars
>> of Policy Advocacy, Capacity Building, Research, and Stakeholder
>> Engagement.
>>
>> KICTANetiquette : Adhere to the same standards of acceptable behaviors
>> online that you follow in real life: respect people's
>> times and bandwidth, share knowledge, don't flame or abuse or
>> personalize, respect privacy, do not spam, do not market your
>> wares or qualifications.
>>
>> KICTANet - The Power of Communities, is Kenya's premier ICT policy
>> engagement platform.
>>
>
>
> --
> Barrack O. Otieno
> +254721325277
> +254733206359
> Skype: barrack.otieno
> PGP ID: 0x2611D86A
>
>
>
>
> _______________________________________________
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>
> KICTANet is a multi-stakeholder Think Tank for people and institutions
> interested and involved in ICT policy and regulation.
> KICTANet is a catalyst for reform in the Information and Communication
> Technology sector. Its work is guided by four pillars
> of Policy Advocacy, Capacity Building, Research, and Stakeholder
> Engagement.
>
> KICTANetiquette : Adhere to the same standards of acceptable behaviors
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