[kictanet] Calling Rates - Airtel to de-list Celtel

robert yawe robertyawe at yahoo.co.uk
Fri Feb 18 08:20:47 EAT 2011


Airtel are in the process of having Celtel Zimbabwe de-listed from the Zimbabwe 
stock exchange, this might not seem like much but in reality it is a reflection 
of Airtels profit sharing strategy.

The effect of this action is that the common Zimbabweans will not benefit from 
the profits of the company even though they will have been generated locally. 
 Instead the government of Mugabe will receive large volumes of money through 
corporate tax.

Lets appreciate the fact that Safaricom at least allows us to share in their 
profits through dividend as shareholders.  

Regards
 Robert Yawe
KAY System Technologies Ltd
Phoenix House, 6th Floor
P O Box 55806 Nairobi, 00200
Kenya


Tel: +254722511225, +254202010696



      
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