@ the deal.... in this day and age there should be no price controls.
I second VVS and Kausha's sentiments. As an investor this policy does not augur well for the econmony / Country.
If i was to use your example of Safcom... or better yet Equity. Equity will still be an MFI lending to wanjikus and Nojoroge's in Central province if controls existed. They would not be permitted to operate as a bank Liberalization has opened up Kenyan markets.
As an investor i look at an investment as how i can create wealth for me, myself and I. This bill does not in way push my agenda. Remember the sponsor is one of the wealthiest Kenyans....controls would not have enabled him attain his wealth.
Wake up and smell the coffee. This is nothing but a populist bill. I think it was strategic that the GOK did not send its members to oppose the bill. During the referendum they do not want to antagonise wananchi.
KIbz will veto this bill.... It messes up with his 2030 vision/dream. Think about the corruption it will breed.....aka maize scandal last year when GOK imposed price controls in the wake of the severe drought.
This is a bad. baad,bad policy
