Cape Town, South Africa – There is a growing boycott campaign against the racist policies of Vodacom where they only allowed black people to invest and buy shares.
John Kerlen running the campaign over Vodacom’s racist investment scheme “YeboYethu” is also the UK representative for the Cape Independence Party.
“This multinational company allowed only people of colour to purchase its Yebo Yethu share-blocks. Its prospectus was very clear on this score: they specifically disqualified ‘white’ people from participating”
Although the shares-investment scheme already expired in 2008 John Kerlen wants to raise awareness and still wants people to boycott their products to deter other companies from launching the same racist schemes.
John Kerlen also says on his blogspot blog that “We have asked CEO Vittorio Colaio to comment and will publish his reply as soon as it’s received. The least he should do, is to apologize.”
“Imagine for one minute if you will the following scenario: You’ve worked hard, have some spare cash and you would like to invest. After “shopping around” you find a cellular network that is a global company and you decide that you want to buy some shares in the company.
So you download the prospectus, see that everything looks fine and then WHAM! You don’t qualify because, well in all honesty you’re not the right colour.
You’re only allowed to invest if you’re black. Plain as day, in the prospectus there for all to see on Vodacom’s website.
Vodacom is the South African subsidiary of Vodafone and Kerlen urges boycotts of both companies products; writing :” In a world where all are supposed to be equal, it seems some are more equal than others…”
(thanks to Adriana Stuijt for letting us use her information.)
(http://vittoriocolaoisaracist.blogspot.com/ is the blog we are writing about)