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Africa's largest companies by revenue
FRM2011
#1 Posted : Thursday, February 08, 2018 5:01:45 PM
Rank: Elder


Joined: 11/5/2010
Posts: 2,459

I didn't know we have our own "Fortune 500". Safaricom ranked no.62. Kenya managed 10 entries into the list.

Full report. Pg.62

https://psv4.userapi.com...45cgjjBAUJ_zgP0W6pDwu5Ho
murchr
#2 Posted : Thursday, February 08, 2018 5:20:40 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
If you spent less time politicking you would know.
"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
.
Fyatu
#3 Posted : Thursday, February 08, 2018 5:23:26 PM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
FRM2011 wrote:

I didn't know we have our own "Fortune 500". Safaricom ranked no.62. Kenya managed 10 entries into the list.

Full report. Pg.62

https://psv4.userapi.com...5cgjjBAUJ_zgP0W6pDwu5Ho



The link is broken...ama ni hii firewall ya muhindi??
Dumb money becomes dumb only when it listens to smart money
MugundaMan
#4 Posted : Friday, February 09, 2018 5:42:19 AM
Rank: Elder


Joined: 1/8/2018
Posts: 2,211
Location: DC (Dustbowl County)
23. SafCon
79. EABL
96. EQTY
100 KCB

Not bad. Even more interesting; SafCon has been rising
the past 6 years and now beats SA heavy-hitters like Anglo-American Platinum,
Investec and RMB Holdings. Let's pull up our socks and get a few in the top ten in the next 5 years.




obiero
#5 Posted : Friday, February 09, 2018 5:46:42 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,503
Location: nairobi
@mugundaman list is not on revenue where KQ should have definitely appeared

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Ericsson
#6 Posted : Friday, February 09, 2018 6:19:02 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
The list/ranking is on market capitalisation
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#7 Posted : Friday, February 09, 2018 7:09:13 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,503
Location: nairobi
Ericsson wrote:
The list/ranking is on market capitalisation

@ericsson again KQ on market cap is head above shoulders on the most recent list

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Ebenyo
#8 Posted : Friday, February 09, 2018 9:17:08 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
Ericsson wrote:
The list/ranking is on market capitalisation


kama ni hivyo haina maana vile.
Towards the goal of financial freedom
Ebenyo
#9 Posted : Friday, February 09, 2018 9:21:41 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
Ericsson wrote:
The list/ranking is on market capitalisation



i thought its on revenues.Market cap haina maana.
Towards the goal of financial freedom
FRM2011
#10 Posted : Friday, February 09, 2018 10:50:44 PM
Rank: Elder


Joined: 11/5/2010
Posts: 2,459
[quote=FRM2011]
I didn't know we have our own "Fortune 500". Safaricom ranked no.62. Kenya managed 10 entries into the list.

Full report. Pg.62

https://psv4.userapi.com...5cgjjBAUJ_zgP0W6pDwu5Ho[/quote]

Unless people are opening different reports, this one is based on revenues. And KQ are second in Kenya after Safaricom.
obiero
#11 Posted : Friday, February 09, 2018 10:54:10 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,503
Location: nairobi
FRM2011 wrote:
FRM2011 wrote:

I didn't know we have our own "Fortune 500". Safaricom ranked no.62. Kenya managed 10 entries into the list.

Full report. Pg.62

https://psv4.userapi.com...5cgjjBAUJ_zgP0W6pDwu5Ho


Unless people are opening different reports, this one is based on revenues. And KQ are second in Kenya after Safaricom.

The only true problem that KQ had apart from cartels was the high financial costs which were tackled hard by the restructuring..

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
lochaz-index
#12 Posted : Monday, February 12, 2018 10:46:52 AM
Rank: Veteran


Joined: 9/18/2014
Posts: 1,127
Wow! Steinhoff made it all the way to no.3 on account of fudging books. Some work that must have been.
The main purpose of the stock market is to make fools of as many people as possible.
Mseto binti
#13 Posted : Wednesday, February 14, 2018 11:57:35 AM
Rank: Member


Joined: 3/9/2012
Posts: 144
obiero wrote:
FRM2011 wrote:
FRM2011 wrote:

I didn't know we have our own "Fortune 500". Safaricom ranked no.62. Kenya managed 10 entries into the list.

Full report. Pg.62

https://psv4.userapi.com...5cgjjBAUJ_zgP0W6pDwu5Ho


Unless people are opening different reports, this one is based on revenues. And KQ are second in Kenya after Safaricom.

The only true problem that KQ had apart from cartels was the high financial costs which were tackled hard by the restructuring..


@Obiero... the high financial costs you refer to are related to assets or human capital?
I found meaningful work🤓
Ericsson
#14 Posted : Wednesday, February 14, 2018 12:00:40 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Mseto binti wrote:
obiero wrote:
FRM2011 wrote:
FRM2011 wrote:

I didn't know we have our own "Fortune 500". Safaricom ranked no.62. Kenya managed 10 entries into the list.

Full report. Pg.62

https://psv4.userapi.com...5cgjjBAUJ_zgP0W6pDwu5Ho


Unless people are opening different reports, this one is based on revenues. And KQ are second in Kenya after Safaricom.

The only true problem that KQ had apart from cartels was the high financial costs which were tackled hard by the restructuring..


@Obiero... the high financial costs you refer to are related to assets or human capital?


High financial costs was related to interest payments on loans
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Metaur
#15 Posted : Monday, May 06, 2019 11:44:35 AM
Rank: New-farer


Joined: 2/12/2019
Posts: 58
This is all rich countries of African continent, for sure it's good to have, but there are lof of smaller and really poor countries. Of course there is good life in Morrocco, South Africa, Nigeria, Kenya, even Egypt and so on. Good to see some progress on that list anyway.
NewMoney
#16 Posted : Monday, May 06, 2019 3:38:16 PM
Rank: Member


Joined: 3/1/2019
Posts: 170
Location: Nairobi
Ebenyo wrote:
Ericsson wrote:
The list/ranking is on market capitalisation



i thought its on revenues.Market cap haina maana.



I would think the market cap would reflect more accurately the value of companies across of industries.

Some industries with huge revenues have very low margins and vice versa
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