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

Fri Feb 18 12:47:16 EAT 2011

Yeah, 10cents dividend to be specific.

From: kictanet-bounces+nancyi=accesskenya.com at lists.kictanet.or.ke
[mailto:kictanet-bounces+nancyi=accesskenya.com at lists.kictanet.or.ke] On
Behalf Of Andrea Bohnstedt
Sent: Friday, February 18, 2011 10:20 AM
To: nancyi at accesskenya.com
Cc: KICTAnet ICT Policy Discussions
Subject: Re: [kictanet] Calling Rates - Airtel to de-list Celtel

Not ICT related, but: 

Zim has and had plenty of times for shares, and from way back when I was
still writing about it, I vaguely remember that many people actually put
their money in shares because interest rates were negative thanks to the
country's hyperinflation. 

Here's a brief overview of the ZSE performance in the past two years. Not
fantastic, but by no means a basket case either:
http://www.africancapitalmarketsnews.com/836/whats-up-on-zimbabwe-stock-exch
ange/

Dollarisation had the interesting impact that it uncovered inefficiencies in
management, and also rendered a couple of company holdings done purely for
cash/forex management purposes ineffective, leading to some corporate
unbundling:
http://blog.imarainvestor.com/2009/12/dollarisation-and-case-for-unbundling.
html

On 18 February 2011 09:30, waudo siganga <emailsignet at mailcan.com> wrote:

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 

_______________________________________________
kictanet mailing list
kictanet at lists.kictanet.or.ke
http://lists.kictanet.or.ke/mailman/listinfo/kictanet

This message was sent to: emailsignet at mailcan.com
Unsubscribe or change your options at
http://lists.kictanet.or.ke/mailman/options/kictanet/emailsignet%40mailcan.c
om

_______________________________________________
kictanet mailing list
kictanet at lists.kictanet.or.ke
http://lists.kictanet.or.ke/mailman/listinfo/kictanet

This message was sent to: andrea.bohnstedt at ratio-magazine.com
Unsubscribe or change your options at
http://lists.kictanet.or.ke/mailman/options/kictanet/andrea.bohnstedt%40rati
o-magazine.com

-- 
 <http://ke.linkedin.com/in/andreabohnstedt> Andrea Bohnstedt
Publisher
+254 720 960 322 

www.ratio-magazine.com
 <http://www.ratio-magazine.com/careers/index.php> Find/post East Africa
careers
 <http://www.ratio-magazine.com/businessevents/index.php> Find/post
conferences, workshops, trainings, other business events

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://lists.kictanet.or.ke/pipermail/kictanet/attachments/20110218/1cf1681f/attachment.htm>