Our View: State-backed Cyta could threaten free market competition

It is astonishing how fast the government and legislature work when it is necessary. In a few days this week, the government drafted a bill that would expand the business activities Cyta would be able to engage in, submitted to the legislature as a matter of urgency and on Thursday it was discussed at the House finance committee and forwarded to the plenum which approved it on the same day.

The reason for this sense of urgency was a contract Cyta was awarded by the EAC for the supply of 400,000 smart meters...