Stephen, I wish you first asked what transpired before you make such remarks. CCK gets its policy direction from the Ministry of Information and Communications. The policy emanates from the political manifesto of the ruling party. In our current case, the harmonized manifesto. Here we agreed to a free market economy. This means that any market interventions must reflect the underlying economic policy. When we had accellerated price decline in Uganda, Congo and other countries, they resulted to a floor price, in other words price control. Had we taken that direction, we shall have undermined the underlying economic policy. Instead we temporarily suspended the glide path to study the wider impact on the economy. The CCK board arrived at that solution. In my view you are misunderstanding the independence rule. Central Banks world over are independent but their decisions are based on the policy direction of the country. Even if you were to head this country you will find that it is your policies that would govern the country since the buck stops with the leadership. It will make no sense if we have several independent decision makers. Different papers reported different stories but nobody has sought clarification or offer a solution under the prevailing circumstances. Regards Ndemo.
Indeed a desperate move and one that has neither moral nor legal basis. What a mockery of a futile attempt of by-passing regulatory regime. It is CCK that will be the "loser" if it cowardly allows a clear abuse of Section 5(b) of Info and Comms Act. Cofek will be seeking clarification from concerned parties. We must never allow State House to conduct sector regulatory matters, whether pro or anti-consumer. Rgds Sent from my BlackBerry®
-----Original Message----- From: Dennis Kioko <dmbuvi@gmail.com> Sender: kictanet-bounces+stephen=cofek.co.ke@lists.kictanet.or.ke Date: Thu, 9 Jun 2011 12:17:55 To: <stephen@cofek.co.ke> Cc: KICTAnet ICT Policy Discussions<kictanet@lists.kictanet.or.ke> Subject: Re: [kictanet] State House moves in to quell mobile price wars
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