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"content": "we need to look at how to develop the capital markets. The exciting thing about the amendments to this Bill is the fact that if you look at the kind of products being proposed to be developed they are very new and innovative products. This is in the sense that we are moving away from the traditional stock market which we have been having in Kenya to more modern innovative markets like the futures markets. If you look at other developed financial markets, for example, Hong Kong, London, New York, Johannesburg and so on all these are markets that are where they are by virtue of taking on board or embracing new products like what the Capital Markets Authority is proposing to develop in Kenya. If you have to be competitive, remember one of the challenges that faces us as a country is global"
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