samorobo:


Now your second child and your siblings just joined the club...more illiterate fools in your Chennai family

RCC is a subsidiary of the SBI Group which is an European company. Stick with Dangote cement if you want to brag.

gallivant:


I told you, Safaricom is worth more than the top 25 Ghanaian companies combined. You are a little country with next to zero market capitalization. You survive on oil and gold, controlled by South Africans. Say you are sorry for comparing yourselves with Kenyans.

safaricom is a small company when you compare it to Ghanaian companies

rvp20182:
You have a way with words. That is an apt description.

Thank you.

rvp20182:
the last known shareholding - vodafone 30%- mobitelea 10% *moi - gov of kenya 60% - gov sold 30% to the public - so go slow on codeine

You should go slow on codeine and lying.
See chart and weep. Vodafone is the majority shareholder of your safaricom.
Y19 means 2019.
Foreign corporate 45%

Just30:
safaricom is a small company when you compare it to Ghanaian companies

Which Ghanaian companies? Lol

rvp20182:
The man of one index. Be afraid of the dangers of a single story. There are many indices out there.

As we speak Kenya's economy is maybe 94B (accounting for KSH-dollar depreciation ) while South Africa has sunk to 270B - and Angola - ohoo boy - they are back to where always belonged - 70B dollars - they are nothing but Oil dependant country.

Kenya overtook Angola last year...now we are nibbling at Morroco.

While most countries in the region have been affected to different degrees by the pandemic, real gross domestic product growth is projected to fall sharply particularly in the region’s three largest economies – Nigeria, Angola, and South Africa

https://www.worldbank.org/en/news/press-release/2020/04/09/covid-19-coronavirus-drives-sub-saharan-africa-toward-first-recession-in-25-years

rvp20182:
You're dealing with desperate folks who have exported all the brains outside. If South African company has more than 50% shareholding of any company in Ghana - it ceases being Ghanian - and become South African- either by acquisition or merger - or as a registered subsidiary.

any company registered under Ghana legal regime becomes a Ghanaian company despite ownership

This is company law

Just30:

so IMF is moving their HQ to China
does it make IMF a Chinese company.

some of you really make stupid arguments..

Do you know what a company incorporation is?
Even in commons law, you are thought that a company is a separate legal entity.

dont be so desperate, it just make you dumber.

No one is talk the ownership structure of the company but the legal establishment of the company.

Tullow Ghana is a legal entity in Ghana established according to Ghanaian company law
Likewise ENI Ghana, AngloGold Ashanti, Ashanti Goldfields, MTN Ghana

What is it with you and the IMF hobbit? Can you last a day at least without mentioning your gods?

Just30:

so IMF is moving their HQ to China
does it make IMF a Chinese company.

some of you really make stupid arguments..

Do you know what a company incorporation is?
Even in commons law, you are thought that a company is a separate legal entity.

dont be so desperate, it just make you dumber.

No one is talk the ownership structure of the company but the legal establishment of the company.

Tullow Ghana is a legal entity in Ghana established according to Ghanaian company law
Likewise ENI Ghana, AngloGold Ashanti, Ashanti Goldfields, MTN Ghana

If you said MTN Ghana then I wouldn't have said anything however AngloGold and Goldfields are not registered companies in Ghana, they are just listed on the GSE as far as I know!

So Ghana has no concept of a foreign company. All companies register. They register as a foreign company - even if they let you buy one share. Basically what you're telling us in many words is GHANA HAS NO INDIGENOUS COMPANY it can be proud of.

Just30:

so IMF is moving their HQ to China
does it make IMF a Chinese company.

some of you really make stupid arguments..

Do you know what a company incorporation is?
Even in commons law, you are thought that a company is a separate legal entity.

dont be so desperate, it just make you dumber.

No one is talk the ownership structure of the company but the legal establishment of the company.

Tullow Ghana is a legal entity in Ghana established according to Ghanaian company law
Likewise ENI Ghana, AngloGold Ashanti, Ashanti Goldfields, MTN Ghana

rvp20182:
So Ghana has no concept of a foreign company. All companies register. They register as a foreign company - even if they let you buy one share. Basically what you're telling us in many words is GHANA HAS NO INDIGENOUS COMPANY it can be proud of.

Precisely.

jl115:
I don't know of any Ghanaian registered AngloGold or Goldfields subsidiaries........maybe you can help me out with this one as I truely dont know?

you can get that info from the registrar General Department of Ghana

Just go to their website and request for information on any registered company in Ghana
https://rgd.gov.gh/

Still very much a local company. I don't see 50%. The board look kenya as any. And I don't see Vodafone - the majority of foreign investors - are just investor buying and flipping shares at NSE.
https://www.safaricom.co.ke/about/about-safaricom/who-we-are/board-of-directors

obaaderemi:
You should go slow on codeine and lying.
See chart and weep. Vodafone is the majority shareholder of your safaricom.
Y19 means 2019.

TayserMahri:


Just another of the stool diplomacy Tiny Ghana seeking relevance in the global arena.

you are just empty up there

hence why you are throwing gibberish
make a proper contribution to the topic

gallivant:


Austine is talking about you. You are so daft it's painful.

i guess you didn't see whom he replied

dumb dumb

Just30:
you can get that info from the registrar General Department of Ghana

Just go to their website and request for information on any registered company in Ghana
https://rgd.gov.gh/

Bro Im not the one claiming AngloGold and Goldfields are Ghanaian companies, however I know for the fact that they are SAn..........the onus is on you to prove they are Ghanaian not me

Borneo state after years of insurgency

rvp20182:
Still very much a local company. I don't see 50%. The board look kenya as any. And I don't see Vodafone - the majority of foreign investors - are just investor buying and flipping shares at NSE.
https://www.safaricom.co.ke/about/about-safaricom/who-we-are/board-of-directors

I thought you said Kenya's government holds 60%? As usual you've been caught pants down.
Safaricom is owned by foreigners. Deal with it.

rvp20182:
You're dealing with desperate folks who have exported all the brains outside. If South African company has more than 50% shareholding of any company in Ghana - it ceases being Ghanian - and become South African- either by acquisition or merger - or as a registered subsidiary.

For once you are making sense!

Now practice what you preach

jl115:

I studied Bcom Chartered Accounting, I had Corporate Law for 2 years!

Majority shareholding gives you majority ownership not more ownership, and when you are the majority owner then you are the outright owner!

i guess you dont know what more is

it gives you more ownership over the person with a lesser share but it doesn't give you outright ownership

Since the word outright means wholly

do you get it now?

gallivant:


Which Ghanaian companies? Lol

all the companies i listed for you

gallivant:


RCC is a subsidiary of the SBI Group which is an European company. Stick with Dangote cement if you want to brag.

Cry me a River.. RCC is Nigerians and they are handled the longest road since Kenya's inception...live with that.

You have a problem with English comprehnsion. Safaricom was formed as merger btw Kenya Gov (Telkom) -60% and Vodafone Kenya (40%). Vodafone kenya 40% was further split - with 10% given to Moi and Biwott as Kickback. So Vodafone owned 30%. The kenya gov sold 25% of it's 60% and remained with 35%. There are rumours the late Moi and late Biwott might have sold their 10% to Vodafone. And Vodafone have also sold their shares to South Africa Vodacom.

Right now both Gok and Vodacom are the majority shareholders of Safaricom - and rest are just little guys in the stock exchange.

Telkom Kenya was stripped of all assets and got loaded with liabilities - and sold to Orange - who later sold to Nigerian suckers - and Gov of kenya retain shareholding - but it's practically broke.

obaaderemi:
I thought you said Kenya's government holds 60%? As usual you've been caught pants down.
Safaricom is owned by foreigners. Deal with it.

Where the indigenous Ghanaian companies not involved in Gold and oil drilling? Prove you are not a resource colony.

gallivant:


What is it with you and the IMF hobbit? Can you last a day at least without mentioning your gods?

quote me when you have something insightful to say and not gibberish

While at it, go and learn the legal regime of your country Kenya

and know better before engaging in this convo based on law

Just30:
all the companies i listed for you

Those are South African entities. Post your cocoa companies so everyone can see.

samorobo:


What is beautiful about that....yes beauty lies in the eye of the beholder

you cant appreciate the sheer beauty of savanna grasslands for little scientific knowledge. These are unique alongside Eurasian steppes, north America prairies and the great grasslands of Argentina (the Pampas). In WA your dominant vegetation is forests, which automatically makes you forest people. Its understandable why you cant spot beauty since you couldnt see far in forests samy, the only way I would capture your attention is if i told you you can use savannas to make wig.

samorobo:




Cry me a River.. RCC is Nigerians and they are handled the longest road since Kenya's inception...live with that.

Are they still crying over RCC?
When will they get over the fact that Nigerians built roads in Kenya?

samorobo:




Cry me a River.. RCC is Nigerians and they are handled the longest road since Kenya's inception...live with that.

Illiteracy is a disease. RCC is a subsidiary of SBI international a EU company. Just Google it.

jl115:

If you said MTN Ghana then I wouldn't have said anything however AngloGold and Goldfields are not registered companies in Ghana, they are just listed on the GSE as far as I know!

no company can operate in Ghana without registering as a company in Ghana

So when you say it is not a registered company, it makes me want to question your education.

Ashanti Goldfields
AngloGold Ashanti are all registered companies in Ghana that pay taxes and Social Security of workers.

For once? - I always make sense - it just that when I direct my facts your way - they become hard to swallow.

jl115:
For once you are making sense!

Now practice what you preach

Just30:
i guess you dont know what more is

it gives you more ownership over the person with a lesser share but it doesn't give you outright ownership

Since the word outright means wholly

do you get it now?

So we are taking the the literal dictionary meanings of words now? just going to ignore the context...........Can't remember saying if you own more than 50% that makes you 100% the owner or wholly owner of a company?

Simply stated that when you own more than 50% you are the outright(or in context the majority owner).