Actually it is Zambia they are de-listing in where they hold 75% market share. They do not own an operation in Zim. ________________________________ From: kictanet-bounces+cruto=safaricom.co.ke@lists.kictanet.or.ke [mailto:kictanet-bounces+cruto=safaricom.co.ke@lists.kictanet.or.ke] On Behalf Of Andrea Bohnstedt Sent: Friday, February 18, 2011 10:20 AM To: Clare Ruto 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- exchange/ 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-unbundl ing.html On 18 February 2011 09:30, waudo siganga <emailsignet@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@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@lists.kictanet.or.ke http://lists.kictanet.or.ke/mailman/listinfo/kictanet This message was sent to: emailsignet@mailcan.com Unsubscribe or change your options at http://lists.kictanet.or.ke/mailman/options/kictanet/emailsignet%40mailc an.com _______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke http://lists.kictanet.or.ke/mailman/listinfo/kictanet This message was sent to: andrea.bohnstedt@ratio-magazine.com Unsubscribe or change your options at http://lists.kictanet.or.ke/mailman/options/kictanet/andrea.bohnstedt%40 ratio-magazine.com -- Andrea Bohnstedt <http://ke.linkedin.com/in/andreabohnstedt> Publisher +254 720 960 322 www.ratio-magazine.com Find/post East Africa careers <http://www.ratio-magazine.com/careers/index.php> Find/post conferences, workshops, trainings, other business events <http://www.ratio-magazine.com/businessevents/index.php> ##################################################################################### NOTE: All emails sent from Safaricom Limited are subject to Safaricom�s Email Terms & Conditions. Please click here to read the policy. #####################################################################################