Be awake….this is one industry raking in billions of kwacha daily and must be subjected to windfall tax..
Can you imagine that one of the mobile telephony companies here rents an office building at over a hundred thousand dollars every thirty days!
The competitions they claim are a corporate strategy to give back to the community are a fallacy because the competitions and the prizes are self financing and do not come from the companies cash flow….I have several models I have studied that show that all this is nothing but cash laundering and semi ponzi schemes.
Mark my word…after the next 5 or so years, according to one of my study models, the companies will change ownership, accept to be bought or be merged with another or simply go out of the market and come back in another name and start all over again getting tax concessions from govt and later on start staking fake prizes in fake games and competitions with ghost referees.
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