Wazua
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Goodness!!! Safaricom HY 2011-2012 RESULTS Down 50%
Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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VituVingiSana wrote:Sufficiently Philanga....thropic wrote:VVS 2: Jamani 1 What does @Jamani get 1 for? @Jamani is annoyingly quiet, atleast defend the 1 mark i've awarded you! @SufficientlyP
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Rank: Elder Joined: 9/15/2006 Posts: 3,907
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Michael Joseph wrote: MPESA, days gone by...“Our target market was actually the guy standing outside there waiting to serve you dinner or drinks. This thing grew like topsy, it’s an incredible growth curve. My role was to make it happen. I just said you have to do it, and if you don’t do it I’ll fire you. Unless you put the agent out there it doesn’t happen. You can’t just have some scummy little store…we have to pretend to be like banks. Banks pretend that they’re very rich by having this very super nice hall with marble and columns and all this stuff, so you think they’re rich, so they won’t steal your money; as you know it’s an illusion. India will probably be the next big place. It will dwarf anything, if they get it right, that we have in Kenya. The challenge of South Africa is a rather stupid arrogant regulator." http://blogs.ft.com/beyond-bric...ney-model/#ixzz1dP9ydHFn
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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muganda wrote:Michael Joseph wrote: MPESA, days gone by...“Our target market was actually the guy standing outside there waiting to serve you dinner or drinks. This thing grew like topsy, it’s an incredible growth curve. My role was to make it happen. I just said you have to do it, and if you don’t do it I’ll fire you. Unless you put the agent out there it doesn’t happen. You can’t just have some scummy little store…we have to pretend to be like banks. Banks pretend that they’re very rich by having this very super nice hall with marble and columns and all this stuff, so you think they’re rich, so they won’t steal your money; as you know it’s an illusion. India will probably be the next big place. It will dwarf anything, if they get it right, that we have in Kenya. The challenge of South Africa is a rather stupid arrogant regulator." http://blogs.ft.com/beyond-bric...ney-model/#ixzz1dP9ydHFn hisah, will be interested with this about the MPESA 'bank': "In Kenya, 12-15bn shillings are stored on M-PESA systems at any one time, but Safaricom is not allowed to make a profit with the interest and neither is the customer. Instead the earnings go into a charitable M-PESA foundation. Any attempt to change this is likely to spook banks, which have in the past attempted to close down M-PESA."GOD BLESS YOUR LIFE
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Other than Michael Joseph, another person who seems to have had perfect timing in jumping ship is Paul Wanderi Ndung'u, who moved his mobile phone dealership business to Telkom Orange from Safaricom GOD BLESS YOUR LIFE
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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@Youcant - That's what I've been seeing with mpesa. Another thing is find out how many studies are being done around the globe on this model. There's a reason MJ is @ world bank... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 8/29/2008 Posts: 573
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HISAH: Get real.Mpesa can't succeed in many other countries like it did in kenya.Remember MJ saying that kenyan's have peculiar calling habits??Likewise,kenyans have peculiar financial habits.Like 50% of working kenyans supporting(thereby sending money to)the other kenyans.Nowhere else in the world lots of people feed other idlers like that.Mpesa succeeded in kenya because of this bad habit.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Ali Baba wrote:HISAH: Get real.Mpesa can't succeed in many other countries like it did in kenya.Remember MJ saying that kenyan's have peculiar calling habits??Likewise,kenyans have peculiar financial habits.Like 50% of working kenyans supporting(thereby sending money to)the other kenyans.Nowhere else in the world lots of people feed other idlers like that.Mpesa succeeded in kenya because of this bad habit. @Ali - time will tell. Hope you'll still be around  $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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youcan'tstopusnow wrote:Jamani, I know you understand the telecom biz very well. Your thoughts? Sorry I was off net for sometime....Yes i do and thanks for the recognition, i worked for one of the big two. My thoughts....its across the field notice the silence in Airtel and the rest... this should tell you something.....worse than expected losses on their part...
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Sufficiently Philanga....thropic wrote:VituVingiSana wrote:Sufficiently Philanga....thropic wrote:VVS 2: Jamani 1 What does @Jamani get 1 for? @Jamani is annoyingly quiet, atleast defend the 1 mark i've awarded you! Sorry for being annoying, i was held up kiasi,.....though I didnt know you read my lines... yes for now am 1 down, numbers dont lie... but why insist Airtel,Orange or Yu excited about this? are they doing well?
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Ali Baba wrote:HISAH: Get real.Mpesa can't succeed in many other countries like it did in kenya. and why is that so? i know of countries and operators that are being pushed to adopted Mpesa....
Remember MJ saying that kenyan's have peculiar calling habits?? and do you know why he said this? i bet you are looking at it from a negative angle, the reason he said this was we all call almost at the same time and specifically on friday evening...he didnt mean what you imply
Likewise,kenyans have peculiar financial habits.Like 50% of working kenyans supporting(thereby sending money to)the other kenyans. What is wrong with supporting our people? Indians, Phillipinos etc do the same
Nowhere else in the world lots of people feed other idlers like that.Mpesa succeeded in kenya because of this bad habit. Narrow minded thought, do you know what banks used to do to our people and SMEs? Mpesa filled that gap... and ofcourse we also use it to support our people anything wrong with that?
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Goodness!!! Safaricom HY 2011-2012 RESULTS Down 50%
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