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"id": 336219,
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"type": "speech",
"speaker_name": "Mr. Githae",
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"speaker": {
"id": 159,
"legal_name": "Robinson Njeru Githae",
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"content": "Mr. Temporary Deputy Speaker Sir, as of the moment, we own 49 per cent of Telkom Kenya. If the shareholders do agree that they will inject more capital into the company, we are going to inject Kshs5 billion. If we do not inject another Kshs2.5 billion, then the shareholding of the Government will go down to 40 per cent. So, even if you take the current position at 49 per cent, it does not make Telkom Kenya a parastatal. It is a private company and the management is even appointed by Telkom France. Therefore, the Government has no control over the management of Telkom Kenya. That is why when they applied for the exemption of the second batch, the Government rejected it on the basis that Telkom was not a Government parastatal."
}