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Safaricom HY17
Chaka
#81 Posted : Monday, April 24, 2017 4:59:13 PM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
What would be the difference between 'the cause of the outage' and 'the root cause of the outage'?Root cause sounds like it was an illness?
maka wrote:
[quote=HaMaina]How can the whole Safaricom network go down, especially the mpesa link without some kind of explanation from at least Bob C.


Take a look at @SafaricomLtd's Tweet: https://twitter.com/Safa...856466713088536576?s=08[/quote]
Flo-ology
#82 Posted : Monday, April 24, 2017 7:58:19 PM
Rank: Member


Joined: 12/17/2016
Posts: 225
maka wrote:
[quote=HaMaina]How can the whole Safaricom network go down, especially the mpesa link without some kind of explanation from at least Bob C.


Take a look at @SafaricomLtd's Tweet: https://twitter.com/Safa...856466713088536576?s=08[/quote]
I now support calls for safaricom and MPESA breakup. You can imagine the impact of today's downtime to the economy. Hope Parliament and CA will do something ASAP
Reflection Eternal
Ericsson
#83 Posted : Monday, April 24, 2017 9:02:33 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,636
Location: NAIROBI
Flo-ology wrote:
maka wrote:
[quote=HaMaina]How can the whole Safaricom network go down, especially the mpesa link without some kind of explanation from at least Bob C.


Take a look at @SafaricomLtd's Tweet: https://twitter.com/Safa...856466713088536576?s=08[/quote]
I now support calls for safaricom and MPESA breakup. You can imagine the impact of today's downtime to the economy. Hope Parliament and CA will do something ASAP


Who takes over/buys/becomes the new owner of MPESA?
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Chaka
#84 Posted : Monday, April 24, 2017 9:42:15 PM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
How will that help if that service runs behind the other services on the same network..ie MPESA powered by Safcom..
Quote,A chain is as strong as its weakest link unquote,.thanks to the Duke of Kabeteshire for this quote.
Flo-ology wrote:
[quote=maka]
I now support calls for safaricom and MPESA breakup. You can imagine the impact of today's downtime to the economy. Hope Parliament and CA will do something ASAP

Flo-ology
#85 Posted : Monday, April 24, 2017 10:08:47 PM
Rank: Member


Joined: 12/17/2016
Posts: 225
Ericsson wrote:
Flo-ology wrote:
maka wrote:
[quote=HaMaina]How can the whole Safaricom network go down, especially the mpesa link without some kind of explanation from at least Bob C.


Take a look at @SafaricomLtd's Tweet: https://twitter.com/Safa...856466713088536576?s=08[/quote]
I now support calls for safaricom and MPESA breakup. You can imagine the impact of today's downtime to the economy. Hope Parliament and CA will do something ASAP


Who takes over/buys/becomes the new owner of MPESA?


All mobile money services de-linked from telcos. MPESA, Airtel Money etc to be accessed seamlessly on any local network. who takes over?: Vodafone/ Safaricom holding company can still own the spin off or alternatively offer it to the market to a willing buyer. Same precedence will apply to Airtel
Reflection Eternal
Flo-ology
#86 Posted : Monday, April 24, 2017 10:14:29 PM
Rank: Member


Joined: 12/17/2016
Posts: 225
Chaka wrote:
How will that help if that service runs behind the other services on the ssne network..ie MPESA powered by Safcom..
Quote,A chain is as strong as its weakest link unquote,.thanks to the Duke of Kabeteshire for this quote.
Flo-ology wrote:
[quote=maka]
I now support calls for safaricom and MPESA breakup. You can imagine the impact of today's downtime to the economy. Hope Parliament and CA will do something ASAP



@Chaka totally independent i.e. can be accessed from any network(Safaricom,Airtel, Telkom etc). MPESA becomes just an app/it is already an app
Reflection Eternal
Mike Ock
#87 Posted : Tuesday, April 25, 2017 6:19:37 AM
Rank: Member


Joined: 1/22/2015
Posts: 682
Flo-ology wrote:
maka wrote:
[quote=HaMaina]How can the whole Safaricom network go down, especially the mpesa link without some kind of explanation from at least Bob C.


Take a look at @SafaricomLtd's Tweet: https://twitter.com/Safa...856466713088536576?s=08[/quote]
I now support calls for safaricom and MPESA breakup. You can imagine the impact of today's downtime to the economy. Hope Parliament and CA will do something ASAP

Unfortunately at this point there's nobody who can tell safaricom what to do. Airtel used to cry out for gava to intercede and break the monopoly, but people said they were just being bitter. Now that monopoly boat has sailed a long time ago and we have to reap what we've sowed. Only thing you can do now to ease the pain is to buy their shares
obiero
#88 Posted : Tuesday, April 25, 2017 7:18:20 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,472
Location: nairobi
Mike Ock wrote:
Flo-ology wrote:
maka wrote:
[quote=HaMaina]How can the whole Safaricom network go down, especially the mpesa link without some kind of explanation from at least Bob C.


Take a look at @SafaricomLtd's Tweet: https://twitter.com/Safa...856466713088536576?s=08[/quote]
I now support calls for safaricom and MPESA breakup. You can imagine the impact of today's downtime to the economy. Hope Parliament and CA will do something ASAP

Unfortunately at this point there's nobody who can tell safaricom what to do. Airtel used to cry out for gava to intercede and break the monopoly, but people said they were just being bitter. Now that monopoly boat has sailed a long time ago and we have to reap what we've sowed. Only thing you can do now to ease the pain is to buy their shares

LOL. @ock

HF 428,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
Ericsson
#89 Posted : Tuesday, April 25, 2017 4:19:39 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,636
Location: NAIROBI
As a gesture for yesterday's outage safaricom says sending money via mpesa from tonight midnight to tomorrow midnight is free
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#90 Posted : Tuesday, April 25, 2017 8:21:12 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,636
Location: NAIROBI
Safaricom is estimated to have lost sh.2.6bn during yesterday's outage.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Angelica _ann
#91 Posted : Tuesday, April 25, 2017 8:43:37 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,901
Ericsson wrote:
Safaricom is estimated to have lost sh.2.6bn during yesterday's outage.


Lost how?
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
murchr
#92 Posted : Tuesday, April 25, 2017 8:45:51 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,979
Angelica _ann wrote:
Ericsson wrote:
Safaricom is estimated to have lost sh.2.6bn during yesterday's outage.


Lost how?


The transaction and call fees you would have made yesterday plus the free sending via MPESA you are doing today = Lost Revenue
"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
.
Angelica _ann
#93 Posted : Tuesday, April 25, 2017 8:48:59 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,901
murchr wrote:
Angelica _ann wrote:
Ericsson wrote:
Safaricom is estimated to have lost sh.2.6bn during yesterday's outage.


Lost how?


The transaction and call fees you would have made yesterday plus the free sending via MPESA you are doing today = Lost Revenue



Thanks, now i understand. Lost revenue vs fixed costs etc Sad Sad Sad
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
ARAP CHARLES
#94 Posted : Tuesday, April 25, 2017 9:39:23 PM
Rank: Member


Joined: 5/30/2016
Posts: 217
Location: Talai
Ericsson wrote:
Safaricom is estimated to have lost sh.2.6bn during yesterday's outage.


REMEMBER.. Meaning today they have made over 2.6billion and tomorrow 2.6billion.........the rest is history they ain't losing anything.. and still tomorrow they are giving back to by sending money via mpesa absolutely free the all day... this thing is KING
Watch and Listen and Live
ARAP CHARLES
#95 Posted : Tuesday, April 25, 2017 9:47:03 PM
Rank: Member


Joined: 5/30/2016
Posts: 217
Location: Talai
ARAP CHARLES wrote:
Ericsson wrote:
Safaricom is estimated to have lost sh.2.6bn during yesterday's outage.


REMEMBER.. Meaning today they have made over 2.6billion and tomorrow 2.6billion.........the rest is history they ain't losing anything.. and still tomorrow they are giving back to by sending money via mpesa absolutely free the all day... this thing is KING


KESHO THERE WILL BE HISTORIC TRANSFER OF MONEY VIA MPESA... MY GUT FEELINGS..

Dear Customer, thank you for choosing Safaricom. In appreciation, sending money with M-PESA will be free tomorrow 26-04-2017 starting 12:00am to 11:59pm.
Watch and Listen and Live
obiero
#96 Posted : Tuesday, April 25, 2017 11:49:12 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,472
Location: nairobi
ARAP CHARLES wrote:
ARAP CHARLES wrote:
Ericsson wrote:
Safaricom is estimated to have lost sh.2.6bn during yesterday's outage.


REMEMBER.. Meaning today they have made over 2.6billion and tomorrow 2.6billion.........the rest is history they ain't losing anything.. and still tomorrow they are giving back to by sending money via mpesa absolutely free the all day... this thing is KING


KESHO THERE WILL BE HISTORIC TRANSFER OF MONEY VIA MPESA... MY GUT FEELINGS..

Dear Customer, thank you for choosing Safaricom. In appreciation, sending money with M-PESA will be free tomorrow 26-04-2017 starting 12:00am to 11:59pm.

Hehe. Kenyans will crash this thing again! Sema volumes

HF 428,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
Shak
#97 Posted : Wednesday, April 26, 2017 7:41:57 AM
Rank: Elder


Joined: 2/22/2009
Posts: 2,449
Location: Africa
obiero wrote:
ARAP CHARLES wrote:
ARAP CHARLES wrote:
Ericsson wrote:
Safaricom is estimated to have lost sh.2.6bn during yesterday's outage.


REMEMBER.. Meaning today they have made over 2.6billion and tomorrow 2.6billion.........the rest is history they ain't losing anything.. and still tomorrow they are giving back to by sending money via mpesa absolutely free the all day... this thing is KING


KESHO THERE WILL BE HISTORIC TRANSFER OF MONEY VIA MPESA... MY GUT FEELINGS..

Dear Customer, thank you for choosing Safaricom. In appreciation, sending money with M-PESA will be free tomorrow 26-04-2017 starting 12:00am to 11:59pm.

Hehe. Kenyans will crash this thing again! Sema volumes

Will withdrawing be free as well? What about paybill transaction charges?
quicksand
#98 Posted : Wednesday, April 26, 2017 9:36:28 AM
Rank: Veteran


Joined: 7/5/2010
Posts: 2,061
Location: Nairobi
murchr wrote:
Angelica _ann wrote:
Ericsson wrote:
Safaricom is estimated to have lost sh.2.6bn during yesterday's outage.


Lost how?


The transaction and call fees you would have made yesterday plus the free sending via MPESA you are doing today = Lost Revenue


Incorrect. That is the volume of transactions, not revenue or profit. The money belongs to parties exchanging it, not Safaricom (save the small facilitation fees). If they had lost anything close to that amount it would mean they have yearly revenues of over 600 billion (approximately). That is a 3rd of Kenya's GDP. Implausible.
This is Wazua for God's sake, an economy/business minded forum, separation of obvious concepts like this should be self evident surely?
ARAP CHARLES
#99 Posted : Wednesday, April 26, 2017 12:50:47 PM
Rank: Member


Joined: 5/30/2016
Posts: 217
Location: Talai
quicksand wrote:
murchr wrote:
Angelica _ann wrote:
Ericsson wrote:
Safaricom is estimated to have lost sh.2.6bn during yesterday's outage.


Lost how?


The transaction and call fees you would have made yesterday plus the free sending via MPESA you are doing today = Lost Revenue


Incorrect. That is the volume of transactions, not revenue or profit. The money belongs to parties exchanging it, not Safaricom (save the small facilitation fees). If they had lost anything close to that amount it would mean they have yearly revenues of over 600 billion (approximately). That is a 3rd of Kenya's GDP. Implausible.
This is Wazua for God's sake, an economy/business minded forum, separation of obvious concepts like this should be self evident surely?

True,
It is not clear whether the parties involved will later sort safaricom for its platform(in commissions)
Watch and Listen and Live
Flo-ology
#100 Posted : Wednesday, April 26, 2017 4:50:58 PM
Rank: Member


Joined: 12/17/2016
Posts: 225
ARAP CHARLES wrote:
quicksand wrote:
murchr wrote:
Angelica _ann wrote:
Ericsson wrote:
Safaricom is estimated to have lost sh.2.6bn during yesterday's outage.


Lost how?


The transaction and call fees you would have made yesterday plus the free sending via MPESA you are doing today = Lost Revenue


Incorrect. That is the volume of transactions, not revenue or profit. The money belongs to parties exchanging it, not Safaricom (save the small facilitation fees). If they had lost anything close to that amount it would mean they have yearly revenues of over 600 billion (approximately). That is a 3rd of Kenya's GDP. Implausible.
This is Wazua for God's sake, an economy/business minded forum, separation of obvious concepts like this should be self evident surely?

True,
It is not clear whether the parties involved will later sort safaricom for its platform(in commissions)


Which parties involved? The only parties involved is Safaricom and sender. Note that this applies to MPESA transfers/sending to a registered MPESA user. Doesn't apply to pay bill etc
Reflection Eternal
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