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MBABANE – Swazi Mobile has offered its customers another chance to get an allocation of its shares offer.
This is through the extension of the deadline to the end of the year.

The deadline was yesterday but instead of closing its doors on the offer, the company convened a press conference where it announced that it wanted to give more Swazis another chance to try their luck in the share reward programme.
When the company was launched, it pledged to offer shares worth E60 million to the first 100 000 subscribers with each share worth E600.

However, the process has been slow due to the fact that most of the locals in the remote areas had not been able to utilise Swazi Mobile services as the company was still working on its network coverage.

Currently, there are over 3 000 Swazis who have qualified for the shares with about 1 000 having already been awarded certificates.
Announcing the extension of the deadline was Swazi Mobile Acting Chief Executive Officer Wandile Mtshali, who stated that customers had until December 31, 2017 to satisfy the terms and conditions to get an allocation of the shares.

“We recognised that our network had been growing in terms of coverage. However, there are a lot of areas where customers could not enjoy our services due to the fact that the network coverage had still not been sorted. This made them miss out on our services such as the shares offer which is why we have extended the deadline,” he said.

According to Mtshali, some areas were covered in November while others would be sorted in the current month. He highlighted that in the next few days, they would be communicating with customers by issuing statements to those who had qualified for the shares during the month of November. “We will do the same for those who will qualify in December so our customers should rest assured that we will communicate everything,” Mtshali emphasised.

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: Cost cutting strategy
Should have government consulted emaSwati before introducing the cost cutting strategy?