Through a Gazette Notice published last week, the Government published the National Information Communications and Technology (ICT) Policy Guidelines, 2020. Among other issues addressed in the Policy, is the government’s stated commitment to encourage equity participation in ICT companies. In particular, the policy provides that only companies with at least 30% substantive Kenyan ownership will be licensed to provide ICT services. The Guidelines further provide that licensees will have 3 years to meet the local equity ownership threshold subject to an extension in specified instances.

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