clinic=hobby

Come on chaps, this is a brilliant CSR project that everyone should be welcoming. Just like the Mpesa Academy

Kenyans restrict their imagination too much. Suggesting Equity stick to Banking only is too 1920's!!! You have been given an example of Samsung. Now I will give you another one. Google!!!

Google started as a search engine. They moved to full blown software development. Now they have gone into areas most people cannot even imagine. See links below:

Link 1: Google Launching A Company To Cure <<you will never guess>>

Link 2: Google X

Another classical example is General Electric. They are in:

Electrical distribution
Electric motors
Energy
Finance
Gas
Healthcare
Lighting
Locomotives
Oil
Software
Water
Weapons
Wind turbines

Link: General Electric

Equity is just getting started! I told you this on February last year.
See post#21 in this thread.

In ten, twenty years (God willing) we will be having a totally different discussion. Some of us in yachts and some of us in boats at Uhuru Park. Choices will have consequences.

Philips had light bulbs as their core business for so long. They are now the largest manufacturers of medical and diagnostic equipment.

Hitachi started in consumer electronics and now they are in over 20 disciplines including Financial services such as insurance etc. They are also the ones that built the Bullet Train in Japan and are upgrading the entire railway network in England.

For most of these companies, and for Equity, the largest drive is to trend on areas that present the largest opportunity and more so to keep your funds together. There is no point for someone taking money from Equity to go pay for healthcare. If Equity can ensure that the money you take for healthcare is spent in an Equity health facility, Equity wins both sides. Health and Education are some of the primary cost areas for the common mwananchi and that is the league that Equity needs to play in. That is why in my unsolicited opinion, i would 100% support EGF to start also Equity Academies so that we give school fees money to parents to spend in Equity Academies.

I think JM has ran out of ideas. If one lacks ideas, the best thing to do is use the old idea in another location that has similar characteristics as Kenya prior to equity. He should aim at colonizing another country and be a top tier bank in that country...perhaps in Africa or Asia

JM has not gotten member where it is by sitting on his laurels and hoping customers will show up. He has gone out there and hustled for every coin. He has led in innovation at almost every level - too bad CBA upstaged him with SHWARI - but this is just his type of thing.

I have written severally on this forum that Healthcare needs an Equity Hospital/The Indian model. Someone who will provide basic outpatient healthcare without charging 10K plus as happens somewhere in Upperhill and along Parklands road. We sorely need this and I can only hope meba succeeds. You see in India, healthcare is so cheap, heart surgeries cost just a few thousand dollars inclusive of flight cost, accommodation, doctors fees, the works.

Someone needs to shake up healthcare and I wish meba all the best.

And Apple designs & sells (it doesn't even manufacture) fewer products [phones, computers, tablets and software] and makes 5x the profits of Samsung.

Go Equity! How about some support for a Kenyan brand venturing into a new market. Venturing out of your comfort zone is part of entrepreneurship.

As an investor/business man you change strategy if-
1. You have exhausted your niche/market and can apply your resources elsewhere at a higher ROC;
2. What you are doing does not make you money and you change your strategy to do something that is profitable.

Has EB exhausted banking? Is health more profitable than banking? If the answer to these questions are anything less than a definite yes, then JM is going to the casino with shareholders money.