[kictanet] [kicktanet] Key ICT Sector Takeaways from 2016/17 Kenya Budget

[Joseph Mucheru]

Hi Martin,

I have two clarifications for you.

1: Laptop project got the full allocation, we used some of the 17bn this
financial year (15/16) hence the balance in 16/17 is less.

2: We bought an extra 10% shareholding in TKL for Kes 1/- and further we
bought 40% of the debt TKL owed orange (about Kes 30bn) for another kes
1/-. Meaning in the TKL balance sheet, they owe GoK about 12bn. 40% of the
30bn shareholder loan. Balance is owed to Jamuhuru Holdings which is 100%
owned by Helios Fund III

Thanks
On Jun 10, 2016 8:19 AM, "Martin Gicheru via kictanet" <
kictanet at lists.kictanet.or.ke> wrote:

What does the 2016 Kenya budget have for the ICT sector? Here is what we
picked <http://www.techweez.com/2016/06/09/ict-sector-kenya-201617-budget/>.

Regards,
Martin Gicheru

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