The challenge is on the RBA and other players in the industry to increase the level of coverage and hence further strengthen the asset base of the industry.

The issue poses a major challenge as nobody seems ready to bite the bullet.

We (at Treasury) and the Central Bank are concerned about the strengthening shilling and are holding regular meeting, but an intervention would create speculative tendencies that may prove even more difficult to contain.

This will ensure fairness since the two envisaged regulators have no conflict of interest in the industry.

The Government?s policy is to reduce the wage bill to free resources for development purposes.

Don't be afraid to fail. Don't waste energy trying to cover up failure. Learn from your failures and go on to the next challenge. It's OK to fail. If you're not failing, you're not growing.