According to the Business Daily, the Treasury has set tough conditions for its involvement in any plans to bail out telecoms operator Telkom Kenya.

Top on the list of the demands that the Treasury is expected to put before its partners when the board meets next month to consider Telkom Kenya’s multi-billion- shilling investment plan is equal sharing of two influential positions – the chief executive officer and finance director – between the two shareholders ‘to accommodate national interest’.

Telkom’s executive positions are currently all French – a development that France Telecom has justified as necessary to bring on board the turnaround skills that the company needs to help pull it out of the loss making pit.

This means that France Telcom will have to choose one of the two positions to fill but not both so as to balance decision making at the firm.

Read more about the Telkom bailout here.