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He is an example of a joyrider.
There is very little Mwangi does in the board room these days. Systems in this company are keeping him very bored. Before, when Equity was very local and before NSE, he was the man to meet and get deals. This days, even no news comes from Mr. Mwangi.
You people need to know that the Companies Act makes it bad for small shareholders (less than 10%). They don’t have much say.
That is why people give their wives less than 10%.