Public participation: The policy paradox
Nairobi, Sept. 17 -- There are major jitters in the market as investors continue to digest Tuesday's High Court ruling nullifying the government's sale of a 15 percent stake in Safaricom to Vodacom.
The broader policy concern is this: a foreign investor planning to establish a project in Kenya must now price judicial activism and litigation uncertainty into the investment risk.
Published by HT Digital Content Services with permission from Business Daily....
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