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Safcom dividends
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tusker8
#1 Posted : Friday, October 16, 2009 2:39:00 PM
Rank: Member

Joined: 8/22/2008
Posts: 82
Imagine if you were a shareholder at Barclays and,they insisted that for them to pay you dividends,you must open an account with them.
Well,isn't that what Safaricom is doing to their 'small' shareholders? what if i don't own a Safcom line?

You know you are old when you wake up with a hangover and you didnt touch no drink the previous nite.
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mtaalam
#2 Posted : Friday, October 16, 2009 3:25:00 PM
Rank: Member

Joined: 11/2/2006
Posts: 519
I see it as an option they're offering you that favours both sides. You could choose to take it or reject it and get your dividend the kawaida way.

Bright and interesting people talk about ideas.
Those of average intelligence talk about things.
Stupid people talk about other people.
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chris79
#3 Posted : Friday, October 16, 2009 3:29:00 PM
Rank: Member

Joined: 7/31/2007
Posts: 341
And also you don't have to be a registered Mpesa user to recieve money from Mpesa...

Be the change you want to see in the world...
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kishindo
#4 Posted : Friday, October 16, 2009 7:53:00 PM
Rank: Member

Joined: 1/11/2008
Posts: 121
it doesn't matter,bottom line is i'll be charged to withdraw any amount so until then...spend 30 bob and send my cheque through Rtd Gen Ali's network....my bank wont charge me a dime to clear it.at this rate a good chunk of the dividends will go back into buying airtime...

less is more for Architects only!!
Less is more....for Architects only!!
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chris79
#5 Posted : Saturday, October 17, 2009 6:56:00 AM
Rank: Member

Joined: 7/31/2007
Posts: 341
Exactly,that's why you have a choice between recieving the dividends via Mpesa or via the traditional methods. Of course it doesn't make much sense going to cash a 40 bob cheque does it?

Be the change you want to see in the world...
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Gordon Gekko
#6 Posted : Saturday, October 17, 2009 8:24:00 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Waiting for my cheque of ksh 195....
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Kamaa
#7 Posted : Saturday, October 17, 2009 3:39:00 PM
Rank: Veteran

Joined: 10/6/2007
Posts: 1,177
Location: Nairobi - Kenya
i beg to hijack the thread...

what is the minimum amount of dividend an investor can be taxed at source (w/tax)?

When you run so fast to get somewhere,you miss the fun of getting there... Life is not a race,so take it slowly....
When you hear what I say, you will not understand. When you see what I do, you will not comprehend
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Pierce
#8 Posted : Wednesday, November 11, 2009 9:35:00 AM
Rank: Veteran

Joined: 3/16/2009
Posts: 1,464
Have the cheques been posted? Anyone has received?
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Layman
#9 Posted : Wednesday, November 11, 2009 11:13:00 AM
Rank: Member

Joined: 9/21/2006
Posts: 422
Location: Nairobi
@kamaa,tax except dividend is kshs 50/= but kenyan companies tax it all out of ignorance.

There's no hurry in Kenya!
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jmm
#10 Posted : Wednesday, November 11, 2009 3:30:00 PM
Rank: Member

Joined: 4/5/2009
Posts: 24
the safcom divided via mpesa,cheque and eft will all be paid on 17th Nov

success or failure is like a seed plant any and put enough effort and you will definately harvest
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