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

[waudo siganga]

Hi Robert - I wonder if Zimbabweans can afford shares. Right now
they have no currency and they are using green bucks. The
Zimbabwe dollar became so useless that to buy a tomato one
needed trillions. It was said that one had to carry money on a
wheelburrow and upon coming across robbers one would throw the
money away and run off with the wheelburrow because it was more
valuable. These guys have no time for shares man!
Waudo
On Fri, 18 Feb 2011 05:20 +0000, "robert yawe"
<robertyawe at yahoo.co.uk> wrote:


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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