Regulate FDIs to avoid unintended consequences

Editor, RE: Kenyan investors wowed by Rwanda’s investment climate (Sunday Times, December 6).

Wednesday, December 09, 2015

Editor,

RE: Kenyan investors wowed by Rwanda’s investment climate (Sunday Times, December 6).

This is a very good idea but do we get good returns or are we being taken advantage of? Much as we would like more investors to come to our country there should be some conditions, otherwise we may end up with a situation where the economy is fully in the hands of foreigners which is not good for our security. Let us be very careful even as we continue to attract more Foreign Direct Investments (FDIs). 

Meanwhile, I want to say thank you to Amb. James Kimonyo (Rwanda’s ambassador to Kenya) for a job well done. We miss you in the US.

Mwakenya