Listers

In an interesting twist CCK has issued a warning and threat of punitive action against Telkom Kenya/France Telecom in what it calls 'unprocedural' transfer of shares.

In light of this I think CCK is stepping up and doing the right thing. Lets go one step further:-

The Government should face up to the fact that this was a failed experiment and put in place mechanisms to return the 'crown jewel' back to the Kenyan People.


http://www.nation.co.ke/business/news/Telkom+Kenya+faces+penalties+for+costly+share+deal/-/1006/1972054/-/n17yku/-/index.html


Ali Hussein

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Partner, Telemedia Africa Ltd

 

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