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Why safaricom must reduce its costs and expenditures to remain a viable stock in future
VituVingiSana
#61 Posted : Thursday, September 09, 2010 11:05:48 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
True... I remember when YU had 7.50 across ALL networks + if you received a call... they gave you 75cents per minute!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
polymer1
#62 Posted : Thursday, September 09, 2010 11:26:21 AM
Rank: New-farer

Joined: 6/22/2010
Posts: 16
Location: Westlands
KulaRaha wrote:
Safcom should be a case study in marketing. There are people willing to make fools of themselves in public just to defend what is essentially a British owned operation that repatriates the bulk of it's profits to London.

True marketing success!!

Interestingly Vodafone has stakes in 3 operators either directly like in SCOM or indirectly through the parent companies.
There is nothing like making money, you have to earn it.
selah
#63 Posted : Thursday, September 09, 2010 12:00:01 PM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
My research still shows 20/= scratch cards for ZAIN litter the streets against 100/= & 50/= for safaricom.

Callers who were using Zain are now SMSingwhile calling with their safaricom line.

If you have a better way of knowing how this battle is affecting these companies just share with us

'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
KulaRaha
#64 Posted : Thursday, September 09, 2010 1:47:18 PM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Selah's dustbin research....amazing, something Synovate should try to emulate...it even tells you whether your subscribers are calling or smsing...
Business opportunities are like buses,there's always another one coming
moneydust
#65 Posted : Thursday, September 09, 2010 3:28:04 PM
Rank: Member

Joined: 1/31/2007
Posts: 304
Cost cutting....cost cutting thats the name of safcom next game.

Otherwise kimeumana...
I wonder what those that are buying safcom shares now are thinking???
Could they be in denial of safaricoms corporate armageddon??
kyt
#66 Posted : Thursday, September 09, 2010 3:46:16 PM
Rank: Elder

Joined: 11/7/2007
Posts: 2,182
safcom tough times ahead!
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
muganda
#67 Posted : Thursday, September 09, 2010 4:45:49 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
Kenya telecom price war bad for sector: govt official

Communications Ministry Permanent Secretary Bitange Ndemo tells Reuters...

"They came as a surprise and cut too deep. They should have taken into consideration the commercial and business interests"

Ndemo said with interconnection rates at 2.21 shillings, taxes at 26 percent, plus salaries and agents fees to be paid, the companies would struggle to make a profit from voice revenue.

"If you have no resources for reinvestment, you impact the quality of the service ... but we can't tell them, 'guys, behave'. We are assuming it makes business sense."



Much Know
#68 Posted : Thursday, September 09, 2010 4:56:16 PM
Rank: Elder

Joined: 12/6/2008
Posts: 3,579
@muganda, very sensible insights from Bitange Ndemo, but unfortunately business sense is not very popular here, the talk is like Safaricom is selling maize at a promotional 2/- per mkebe(with terms and conditions) and Zain is selling 3/- forever per mkebe.
Ras Kienyeji Man
KulaRaha
#69 Posted : Thursday, September 09, 2010 5:08:05 PM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Ndemo lives in the stone age. This guy cannot convince ISPs to bring charges down to realistic levels and promote internet usage, so the consumer suffers until they "recoup their investments"? What uptake of broadband is he talking about? I dont see any....

Get serious! Let the cut run deep, he's just worried about the sudden drying up of taxes from Safcon, meaning our ministers and mps will have less fuel allowance to ferry their relatives around town. lets face it, our taxes are wasted on those idlers anyways.

Change is coming, maybe not political, but surely economic!
Business opportunities are like buses,there's always another one coming
radio
#70 Posted : Thursday, September 09, 2010 5:31:05 PM
Rank: Veteran

Joined: 11/9/2009
Posts: 2,003
KulaRaha wrote:
Selah's dustbin research....amazing, something Synovate should try to emulate...it even tells you whether your subscribers are calling or smsing...


Amazing indeed.. Laughing out loudly Laughing out loudly
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