Don4eva:
You keep quiet, Nigerian government has started repatriation of its citizens and negotiating compensation plans for those whose businesses were affected. So shut up. You are more clueless than I thought you are

14:


MY MAN, if you got some much to loose, you accept guilt. Being tough towards SA companies send wrong message to potential investors, they all run away.
There is so much at stake, we can all make noise on the web, but people in authority know better

dre11:


Maybe you need to ask MTN when the first begin business here on how much the milked the Nigerian populace before glo came on board


Keep boasting up and down..... We know how much oil dollars we spent to free you guys

14:

go to their website and check their financial report. Based on the bilateral agreement signed between nigeria and SA, companies investing in africa are immuned from paying tax remittance. google agreement signed in 2013 in cape town. I dont just write staff up without facts my man.

morpheus24:


MR economics, so market cap now translates to Sales, profits or income statement.

Tell MTN to remove profits it makes from Nigeria and see what happens to its Market cap!

Olodo

MzansiBeat:
[s]I GOT A BETTER IDEA; WHY NOT TAKE YOUR FAKE OILY DOLLARS AND SHOVE THEM WHERE THE SUN DOES NOT SHINE[/s]

14:

Market cap is what the company is worth, just like Dangote, he is worth $14billion, that does not mean he has $14billion in his bank account, he could be having less than $1billion in his bank account, hence he still goes and borrows money to expand his business.
With regardbto mtn, even if they remove the profit they make in Nigetia, its not like they will close shops the next day. They still make lots of money world wide.

14:


maybe you need to go to their website and check their financial report, then you will wake up from this scary dream.

MTN has operations in more than 30 countries, you see its not a small company, with a market cap of $40Billion.
multichoice have operations in 42 countries, they make less than 10% of NASPERS profit, which has Market cap of roughly $100Billion
SABMILLER has operations world wide, with market cap of $100Billion
SASOL, which operates in 36 countries world wide, with a market cap of $34Billion. Its building a catalytic cracker plant in the USA at a cost of $20Billion
You can google if you dispute those facts
Nigeria cannot hurt South Africa economically. Our companies are global companies.

morpheus24:


I don't need to read it, common sense would entail that a Double taxation policy or tax shelter would be in effect, where the governments recognizes the taxes paid by an indigenous company to a Foreign state thereby reducing the tax burden in its home country or vice versa.

The company is INDIRECTLY taxed regardless as far as its operations are concerned but is not taxed DIRECTLY on profits.

Let me break it down to you like this. A spaza shop owner does not pay direct taxes on his profits to the government however in order to operate he will pay permits to setup shop, He will pay rent, he will pay electricity , he will pay for movment of goods , he will pay to setup his shop, he will pay for transportation to and fro his shop, he will pay to feed his family, He will buy food to eat etc etc etc!!!

Market capitalization only reflects how much in the market place a company is worth which does not include its SALES OR TOTAL ASSESTS but more or less its stock price!

Shikena!

1stola:

I no blame u
Your moniker says it all
DONDEE FOR EVER

14:

Read paragraph 2:
http://www.southafrica.info/africa/nigeria-080513b.htm#.VT6yS326Jcs

tcaandrew:
kia johnathan I tire 4ur matter do comot 4 road make we see road

dre11:



Am still telling you the dollars you make here you can compare it with what you make in other countries even your own country inclusive

ijustdey:


They knows better and they did allow it to degenerate to this point
They know better and the person that spark up the violence wasn't caution or call to order..
They allow it to get out of hand that Israel have to deny the SA envoy entry to their land
They know and we see police forces encouraging it


Pls we all know the amount of hate SA had for the other African brothers

dre11:



Am still telling you the dollars you make here you can compare it with what you make in other countries even your own country inclusive

14:


Yes, mtn makes $2.56Billion in SA and $2.5Billion in Nigeria. Financial results from IRAN not included due to sunctions.

iretiland:
[s]The combination of a brainless/shameless GEJ and Abati with complete lack of personal integrity & zero dignity is the worst Nigeria will ever witness. What a SLEAZY govt of the worst kind. From Abati's denial of luxurious car by PEG for Africa's first ladies to Moroccoan king/ambassadorial withdrawer to South African arms money, and now this SA ambassadorial recall U turn again. Who told this people that life is nollywood. This is as bad as it gets for a nation and except for their likes who are happy to celebrate mediocrity of the highest order, no organized set of humans should allow this bunch run any of their affairs. In fact they need help to run their own lives.

MzansiBeat:
[s]TYPICAL CHEST BEATING - GOOD - FOR - NOTHING - SLOB[/s]

MustyDanYaro:
Clayson Monyela the South African dude who wrote this thrash on behalf of South Africa probably missed the diplomacy class where the difference between being 'summoned for consultations' and 'recall of envoy' was discussed.
Referring to the Chibok girls and boko haram is illogical in this context. This makes his response childish, and not what you will expect from a representative of a foreign government.
He also lied that it took 9 months to repatriate the bodies from Lagos! The collapse of the synagogue guesthouse was in September 2014, bodies were repatriated in December 2014 (about 9 weeks).
That dude needs lessons in diplomacy and arithmetics.

MzansiBeat:
LOOK AT THEM SELF RIGHTEOUS CHEST BEATERS; BOKO HARAM HAVE JUST KILLED 21 OF YOUR PEOPLE WHILST THE FULANI'S HAVE MASSACRED 40 VILLAGERS, BUT YOU STILL HAVE TIME TO VOMIT HATRED AGAINST SA.

MzansiBeat:
Seeing you are so obsessed with SA so much, ask your people to stop stealing oil money and build your country. Do you think if you get obsessed with SA BokoHaram will just disappear, think again. The issue with Israel has got nothing to do with attack on foreigners. You selective reading is disgusting

seppuku:


Guy just the boys body language shows XENOPHOBIA written all over it. I am wondering who gave him that position he is holding.

MustyDanYaro:
Clayson Monyela the South African dude who wrote this thrash on behalf of South Africa probably missed the diplomacy class where the difference between being 'summoned for consultations' and 'recall of envoy' was discussed.

Referring to the Chibok girls and boko haram is illogical in this context. This makes his response childish, and not what you will expect from a representative of a foreign government.

He also lied that it took 9 months to repatriate the bodies from Lagos! The collapse of the synagogue guesthouse was in September 2014, bodies were repatriated in December 2014 (about 9 weeks).

That dude needs lessons in diplomacy and arithmetics.

ijustdey:


You must be dump to have said that....

Just know, your president did said this.......

'South Africans are full of anger' - SA President, Jacob Zuma

http://pulse.ng/world/xenophobic-attacks-south-africans-are-full-of-anger-sa-president-jacob-zuma-id3704085.html