Ericsson wrote:http://www.businessdailyafrica.com/news/KQ-quest-for-Sh77bn-hits-turbulence-in-House/539546-3970878-eg8cxs/index.html
I had predicted the mpigs will throw out this deal. They know very well it stinks.
Just see the kind of argument being propagated by Ngunze - If the Co. can pay its debts then why is the ownership being mortgaged to banks? Please ask yourself. I have always said this guy is a total idiot.
What was the need of a consultant (PJT Partners) if the only thing they arrived at is for the local banks to swap loans for a stake?
They are playing games with public institutions which are key to economic prosperity. Total mess.