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"content": "I know that all these companies are in business and they know how far they can go. I had a very healthy discussion with them yesterday and I can assure the hon. Member that his fears, as of now, are not justified. I agree with him that the telephone sector is vital. The telephone sector is vital and crucial to our economy. Indeed, it is a very strategic sector because it affords connectability with our people. It has made transfer of money from one destination to another much easier; and it has made our economy much more efficient. It does not, therefore, mean that because it is strategic, the Government must own it. The days of public ownership of assets, or means of production, or what they called, âthe commanding height of the economyâ are long gone. We have now allowed the private sector to be the engine of growth and development. That is why we are trying to attract more investment in our country. Mr. Speaker, Sir, we are also inviting our own people to participate much more effectively in our economy through, for example, the stock market. Our stock exchange is very vibrant. It is the avenue through which our people access ownership of the economy. Indeed, that is a very liberalized sector. I invite the hon. Member to canvass his constituents and other Kenyans, generally, to participate more effectively in the stock market. The hon. Member will remember that just recently, Safaricom floated its Initial Public Offer (IPO) and many people enlisted, I being one of them. As I said, when you do so, you know that you are gambling. It can pay handsomely or you can lose."
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