[kictanet] CCK named African regulator of the year

[alice at apc.org]

CCK named African regulator of the year
BY EVELYNE NJOROGE
Updated 3 hours 7 minutes ago

CAPE TOWN, Oct 24- The Communications Commission of Kenya (CCK) is this
year's winner of the African Infrastructure Regulator of the Year Award.

CCK was declared the winner by the investment communications group, Africa
Investor in Cape Town, South Africa, at a ceremony attended by venture
capitalists, developers, and infrastructure experts and policy makers.

"We are delighted with the award, which goes to show that our efforts to
promote an excellent and stable investment climate in communications
industry in the country are being noted as progressive and exceptional",
said CCK Director General Charles Njoroge of the award.

He attributed the recognition to their policy of having consultations
before making any major decision that affects the industry.

Mr Njoroge called on investors in the Information and Communications
Technology industry to take advantage of the stable regulatory climate and
improved infrastructure to set up businesses in the country.

"The country's broadband infrastructure offers investors tremendous
opportunities for their businesses and we expect to see more investments
in all facets of the economy that will be driven by the available reliable
connectivity," he said.

http://www.capitalfm.co.ke/business/Kenyabusiness/CCK-named-African-regulator-of-the-year-3251.html

CCK won the award for its role in seeking to develop regulations that are
aimed at alleviating poverty and improving the investment climate in
partnership with the private sector.

"Through infrastructure investment, the private sector operating in Africa
has established itself as a critical development partner," said Africa
Investor's Vice Chairman Hubert Danso while presenting the award.

CCK beat its counterparts in Nigeria (Nigeria Communications Commission
-NCC) and South Africa (Independent Communications Authority of South
Africa -ICASA) that had also been short listed for the award.

Other award category winners included Africa Development Bank as the
Sponsor of the Year Award, and the Industrial Development Corporation,
which won the award in the Developer of the Year category.

The Power Deal of the Year award went to Exxaro, while Nedbank Capital
took Transport Deal of the Year Award, and Rand Merchant Bank led the way
with Social Infrastructure Deal of the Year.