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24 Pages«<222324
Safaricom 2019/2020
Fyatu
#461 Posted : Tuesday, November 17, 2020 1:25:42 PM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,783
Location: Nakuru
Ericsson wrote:
Fyatu wrote:
[quote=Angelica _ann]Safaricom sees reduction in Ethiopia licence bid price without M-PESA.

https://www.businessdail...sa-3021860?view=htmlamp[/quote]


If they dare go to Ethiopia that will be the beginning of their end. History shows that no KE company has succeeded outside Kenya other than H.H. Aga Khan associated ones. Hata Memba has not yet broken even in DR Congo.

They are already a top 25 company in Africa in terms of revenue and profits with the Kenyan market alone. Besides, M-pesa is no longer an edge. All telcos in Africa have a version of M-pesa.All telcos in Africa are offering data at even cheaper rates than Safaricom.

Let them stick to fuliza in KE ama watajua hawajui.

Uliskia wapi no Kenyan company has succeeded outside Kenya other than HH Aga Khan.

Kenyan companies are doing well in Uganda, Rwanda.
KCB Burundi is equally doing well.


Weka numbers za KCB Burundi,Uganda, Rwanda fy2019 hapa dear wazua elder....don't be jamaa wa guesswork

Ethiopia is not Uganda or Burundi.

Dumb money becomes dumb only when it listens to smart money
Ericsson
#462 Posted : Tuesday, November 17, 2020 2:57:49 PM
Rank: Elder


Joined: 12/4/2009
Posts: 9,137
Location: NAIROBI
Fyatu wrote:
Ericsson wrote:
Fyatu wrote:
[quote=Angelica _ann]Safaricom sees reduction in Ethiopia licence bid price without M-PESA.

https://www.businessdail...sa-3021860?view=htmlamp[/quote]


If they dare go to Ethiopia that will be the beginning of their end. History shows that no KE company has succeeded outside Kenya other than H.H. Aga Khan associated ones. Hata Memba has not yet broken even in DR Congo.

They are already a top 25 company in Africa in terms of revenue and profits with the Kenyan market alone. Besides, M-pesa is no longer an edge. All telcos in Africa have a version of M-pesa.All telcos in Africa are offering data at even cheaper rates than Safaricom.

Let them stick to fuliza in KE ama watajua hawajui.

Uliskia wapi no Kenyan company has succeeded outside Kenya other than HH Aga Khan.

Kenyan companies are doing well in Uganda, Rwanda.
KCB Burundi is equally doing well.


Weka numbers za KCB Burundi,Uganda, Rwanda fy2019 hapa dear wazua elder....don't be jamaa wa guesswork

Ethiopia is not Uganda or Burundi.


There is something they know that we don't know,that's why they want to venture there.
Even KCB had already started discussions on a partnership with a bank there before covid-19 pandemic halted.

KCB Rwanda PAT----Ksh.736mn Number of branches 14
KCB Burundi PAT---Ksh.270mn Number of branches 6

Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
murchr
#463 Posted : Tuesday, November 17, 2020 4:50:15 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,858
Ericsson wrote:
murchr wrote:
Angelica _ann wrote:
Safaricom sees reduction in Ethiopia licence bid price without M-PESA.

https://www.businessdail...sa-3021860?view=htmlamp



Voice and text without Mpesa is not worth it. They can aswell stay here and target the new kids koining the telephony world.

New money is on Data, ecommerce and gaming


License for data they will be given.
Kenya may not give them the type of growth they want going forward.



They have not scratched the surface yet on data.

Data is NOT just mobile internet
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Monk
#464 Posted : Tuesday, November 17, 2020 6:18:40 PM
Rank: Member


Joined: 7/1/2009
Posts: 193
mozenrat wrote:
VituVingiSana wrote:
Ericsson wrote:
kmucheke wrote:
rwitre wrote:
Hello MPESA bank

WhatsApp gets approval to launch payments feature in India

Quote:
CHENNAI (Reuters) - WhatsApp has received approval to roll out its payments service in India starting with 20 million users, the country’s flagship payments processor said on Thursday, giving the Facebook-owned app an entry into a crowded digital payments space.


“WhatsApp can expand its Unified Payments Interface (UPI) user base in a graded manner starting with a maximum registered user base of 20 million,” the National Payments Corporation of India (NPCI) said in a statement.


It seem the National Payments Corporation of India (NPCI) is owned by a consortium of major banks in India and is similar to Integrated Payments Service Limited (IPSL) owned by Kenya Bankers Association.

If IPSL and WhatsApp can form a partnership in Kenya then MPesa will have a serious competitor.


Banks and Mpesa are in a collaboration.
Equity tried to get away from Mpesa through equitel. They were given a serious bashing, even their fellow banks refused to partner with them.

A mistake. Now MPesa has banks by their balls. Those against Equity were probably KCB and CBA but it's a pity Equity wasn't able to rally the other banks to their side.



Why was it a mistake for NCBA and KCB? Collaborating with Equitel would have only benefited Equity bank. Yet MShwari raised NCBA from a nondescript bank to a powerhouse. As a business, you look out for number one first.


@Mozenrat I could be mistaken, but I believe @VVS was referring to the other Banks, not NCBA/KCB.
VituVingiSana
#465 Posted : Tuesday, November 17, 2020 6:39:27 PM
Rank: Chief


Joined: 1/3/2007
Posts: 17,328
Location: Nairobi
Fyatu wrote:
Angelica _ann wrote:
Safaricom sees reduction in Ethiopia licence bid price without M-PESA.

https://www.businessdail...sa-3021860?view=htmlamp



If they dare go to Ethiopia that will be the beginning of their end. History shows that no KE company has succeeded outside Kenya other than H.H. Aga Khan associated ones. Hata Memba has not yet broken even in DR Congo.

They are already a top 25 company in Africa in terms of revenue and profits with the Kenyan market alone. Besides, M-pesa is no longer an edge. All telcos in Africa have a version of M-pesa.All telcos in Africa are offering data at even cheaper rates than Safaricom.

Let them stick to fuliza in KE ama watajua hawajui.

I&M subsidiaries (though small compared to KE) are profitable in TZ and RW. Also Mauritius.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#466 Posted : Tuesday, November 17, 2020 8:19:57 PM
Rank: Elder


Joined: 12/4/2009
Posts: 9,137
Location: NAIROBI
Safaricom has named Morten Bangsgaard as Chief Technology and Information Officer (CTIO) to man the newly formed Technology and Information Organisation department.

The department was formed following a merger of the Information Technology and Network departments, a change announced by Safaricom CEO Peter Ndegwa.

Bangsgaard joins Safaricom from Maxis, a Malaysia-based communications provider, where he worked in the same capacity. His appointment takes effect on January 1, 2021.

“To provide our customers with the best in class fibre connectivity, whether at home (FTTH) or in business (FTTB) and address the current pain points, I have converged the FTTH and FTTB roles to Fixed (FTTX) Business Unit that will be led by Director, Fixed Business reporting directly to me and joins the Exco,” said Mr Ndegwa.

The changes have also seen Chief Enterprise Business Officer, Rita Okuthe, leave the telco after she was appointed to chair the Kenya Pipeline Company. She was also appointed a member of the ICDC board this year. She will leave Safricom on November 30, 2020.

“She is a Trustee of the Safaricom Foundation and sits on the Boards of M-Tiba, Digifarm and Mezzanine. Rita will continue to perform her role as a Trustee of the Safaricom Foundation,” the CEO said.

Ms Okuthe’s place will be taken by the current Head of Enterprise Sales Joseph Wanjohi in an acting capacity until a substantive replacement is found.

The giant telco is also looking to recruit a Head of Productivity and a Director, Fixed Business, by the end of the year.


@Murchr your answer is here
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
murchr
#467 Posted : Wednesday, November 18, 2020 5:07:58 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,858
Ericsson wrote:
Safaricom has named Morten Bangsgaard as Chief Technology and Information Officer (CTIO) to man the newly formed Technology and Information Organisation department.

The department was formed following a merger of the Information Technology and Network departments, a change announced by Safaricom CEO Peter Ndegwa.

Bangsgaard joins Safaricom from Maxis, a Malaysia-based communications provider, where he worked in the same capacity. His appointment takes effect on January 1, 2021.

“To provide our customers with the best in class fibre connectivity, whether at home (FTTH) or in business (FTTB) and address the current pain points, I have converged the FTTH and FTTB roles to Fixed (FTTX) Business Unit that will be led by Director, Fixed Business reporting directly to me and joins the Exco,” said Mr Ndegwa.

The changes have also seen Chief Enterprise Business Officer, Rita Okuthe, leave the telco after she was appointed to chair the Kenya Pipeline Company. She was also appointed a member of the ICDC board this year. She will leave Safricom on November 30, 2020.

“She is a Trustee of the Safaricom Foundation and sits on the Boards of M-Tiba, Digifarm and Mezzanine. Rita will continue to perform her role as a Trustee of the Safaricom Foundation,” the CEO said.

Ms Okuthe’s place will be taken by the current Head of Enterprise Sales Joseph Wanjohi in an acting capacity until a substantive replacement is found.

The giant telco is also looking to recruit a Head of Productivity and a Director, Fixed Business, by the end of the year.


@Murchr your answer is here



Good move
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Ericsson
#468 Posted : Wednesday, November 18, 2020 10:16:29 AM
Rank: Elder


Joined: 12/4/2009
Posts: 9,137
Location: NAIROBI
https://kenyanwallstreet...-51-in-ethiopian-telco/

Kenya’s leading Telco, Safaricom, will own a majority stake of 51% in the consortium of firms seeking a Telecommunication license in Ethiopia. The information surfaced during Vodacom’s H1 2021 results presentation. South Africa’s Vodacom, will have a 5% stake in the consortium and the remaining share will go to strategic investors.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Queen
#469 Posted : Wednesday, November 18, 2020 11:11:34 AM
Rank: Member


Joined: 11/21/2018
Posts: 427
Location: Britain
Is this the move that will finally bring the share price down to the proverbial 14/=?

https://www.the-star.co....push-to-split-safaricom/
Impunity
#470 Posted : Wednesday, November 18, 2020 11:16:45 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,281
Location: Masada
Queen wrote:
Is this the move that will finally bring the share price down to the proverbial 14/=?

https://www.the-star.co....ush-to-split-safaricom/



How i so wish.

They will actually split it into 3 entities:
Safaricom original (calls and sms)
Mpesa bank
Safari-data (for data services)
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Queen
#471 Posted : Wednesday, November 18, 2020 11:30:33 AM
Rank: Member


Joined: 11/21/2018
Posts: 427
Location: Britain
Impunity wrote:
Queen wrote:
Is this the move that will finally bring the share price down to the proverbial 14/=?

https://www.the-star.co....ush-to-split-safaricom/



How i so wish.

They will actually split it into 3 entities:
Safaricom original (calls and sms)
Mpesa bank
Safari-data (for data services)


Which of the three entities shall remain listed at the NSE bourse?
Ericsson
#472 Posted : Wednesday, November 18, 2020 11:31:14 AM
Rank: Elder


Joined: 12/4/2009
Posts: 9,137
Location: NAIROBI
Impunity wrote:
Queen wrote:
Is this the move that will finally bring the share price down to the proverbial 14/=?

https://www.the-star.co....ush-to-split-safaricom/



How i so wish.

They will actually split it into 3 entities:
Safaricom original (calls and sms)
Mpesa bank
Safari-data (for data services)



Senators want goodies/bribes from Safaricom.This thing is going nowhere.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Queen
#473 Posted : Wednesday, November 18, 2020 11:44:03 AM
Rank: Member


Joined: 11/21/2018
Posts: 427
Location: Britain
Ericsson wrote:
Impunity wrote:
Queen wrote:
Is this the move that will finally bring the share price down to the proverbial 14/=?

https://www.the-star.co....ush-to-split-safaricom/



How i so wish.

They will actually split it into 3 entities:
Safaricom original (calls and sms)
Mpesa bank
Safari-data (for data services)



Senators want goodies/bribes from Safaricom.This thing is going nowhere.


Much as I would wish to see the share price come down, I would never celebrate seeing an entity being punished for being innovative and successful. In all fairness, how do you punish success?
kmucheke
#474 Posted : Wednesday, November 18, 2020 4:51:39 PM
Rank: Member


Joined: 3/16/2019
Posts: 227
Ericsson wrote:
Impunity wrote:
Queen wrote:
Is this the move that will finally bring the share price down to the proverbial 14/=?

https://www.the-star.co....ush-to-split-safaricom/



How i so wish.

They will actually split it into 3 entities:
Safaricom original (calls and sms)
Mpesa bank
Safari-data (for data services)



Senators want goodies/bribes from Safaricom.This thing is going nowhere.


You've said it, just sabre-rattling by the senators.
Ericsson
#475 Posted : Thursday, November 19, 2020 2:26:28 AM
Rank: Elder


Joined: 12/4/2009
Posts: 9,137
Location: NAIROBI
Impunity wrote:
Queen wrote:
Is this the move that will finally bring the share price down to the proverbial 14/=?

https://www.the-star.co....ush-to-split-safaricom/



How i so wish.

They will actually split it into 3 entities:
Safaricom original (calls and sms)
Mpesa bank
Safari-data (for data services)


The majority shareholder in the other two telcos are not here for the long run.
They are looking at fattening the cow and exit.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#476 Posted : Thursday, November 19, 2020 8:11:19 AM
Rank: Elder


Joined: 12/4/2009
Posts: 9,137
Location: NAIROBI
Ericsson wrote:
https://kenyanwallstreet.com/safaricom-to-own-51-in-ethiopian-telco/

Kenya’s leading Telco, Safaricom, will own a majority stake of 51% in the consortium of firms seeking a Telecommunication license in Ethiopia. The information surfaced during Vodacom’s H1 2021 results presentation. South Africa’s Vodacom, will have a 5% stake in the consortium and the remaining share will go to strategic investors.



If its bid is successful,Safaricom will eye debt market to fund rollout there.
Dividend payout reduction is a possibility.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#477 Posted : Thursday, November 19, 2020 10:36:40 AM
Rank: Elder


Joined: 12/4/2009
Posts: 9,137
Location: NAIROBI
https://www.businessdail...-ethiopian-firm--3203236
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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