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Safaricom FY2018
obiero
#161 Posted : Wednesday, September 19, 2018 8:17:00 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
Lolest! wrote:
VituVingiSana wrote:
#KumiraKumira #TanoTena


KumirioKumirio

Will we manage the new taxes

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
mlennyma
#162 Posted : Wednesday, September 19, 2018 9:06:37 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,175
Location: nairobi
obiero wrote:
Lolest! wrote:
VituVingiSana wrote:
#KumiraKumira #TanoTena


KumirioKumirio

Will we manage the new taxes

is parliament a puppets house?
"Don't let the fear of losing be greater than the excitement of winning."
obiero
#163 Posted : Wednesday, September 19, 2018 9:19:31 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
mlennyma wrote:
obiero wrote:
Lolest! wrote:
VituVingiSana wrote:
#KumiraKumira #TanoTena


KumirioKumirio

Will we manage the new taxes

is parliament a puppets house?

The 1.5% housing tax hits me right in the belly. KES 5,000 off on an already squeezed pay package.. Its not right, but its OK https://www.businessdail...766296-98nwoo/index.html

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
Ericsson
#164 Posted : Wednesday, September 19, 2018 11:42:16 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,641
Location: NAIROBI
obiero wrote:
mlennyma wrote:
obiero wrote:
Lolest! wrote:
VituVingiSana wrote:
#KumiraKumira #TanoTena
[quote=Wororo]Uhuru increases mpesa taxes by a whooping 66% increment

Airtime, data prices fears as excise duty tax increment proposed of 50% to 15%

These two have really made it difficult for the masses...


KumirioKumirio

Will we manage the new taxes

is parliament a puppets house?

The 1.5% housing tax hits me right in the belly. KES 5,000 off on an already squeezed pay package.. Its not right, but its OK https://www.businessdail...66296-98nwoo/index.html[/quote]

This economy is being killed slowly
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
maka
#165 Posted : Wednesday, September 19, 2018 12:00:09 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Ericsson wrote:
obiero wrote:
mlennyma wrote:
obiero wrote:
Lolest! wrote:
VituVingiSana wrote:
#KumiraKumira #TanoTena
[quote=Wororo]Uhuru increases mpesa taxes by a whooping 66% increment

Airtime, data prices fears as excise duty tax increment proposed of 50% to 15%

These two have really made it difficult for the masses...


KumirioKumirio

Will we manage the new taxes

is parliament a puppets house?

The 1.5% housing tax hits me right in the belly. KES 5,000 off on an already squeezed pay package.. Its not right, but its OK https://www.businessdail...66296-98nwoo/index.html[/quote]

This economy is being killed slowly


UK is nuts....
possunt quia posse videntur
Angelica _ann
#166 Posted : Wednesday, September 19, 2018 12:42:20 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,901
maka wrote:
Ericsson wrote:
obiero wrote:
mlennyma wrote:
obiero wrote:
Lolest! wrote:
VituVingiSana wrote:
#KumiraKumira #TanoTena
[quote=Wororo]Uhuru increases mpesa taxes by a whooping 66% increment

Airtime, data prices fears as excise duty tax increment proposed of 50% to 15%

These two have really made it difficult for the masses...


KumirioKumirio

Will we manage the new taxes

is parliament a puppets house?

The 1.5% housing tax hits me right in the belly. KES 5,000 off on an already squeezed pay package.. Its not right, but its OK https://www.businessdail...66296-98nwoo/index.html[/quote]

This economy is being killed slowly


UK is nuts....


Then you get to 2022 and you hand it over to chicken seller, ok d'oh!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
muandiwambeu
#167 Posted : Wednesday, September 19, 2018 12:53:55 PM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,247
maka wrote:
Ericsson wrote:
obiero wrote:
mlennyma wrote:
obiero wrote:
Lolest! wrote:
VituVingiSana wrote:
#KumiraKumira #TanoTena
[quote=Wororo]Uhuru increases mpesa taxes by a whooping 66% increment

Airtime, data prices fears as excise duty tax increment proposed of 50% to 15%

These two have really made it difficult for the masses...


KumirioKumirio

Will we manage the new taxes

is parliament a puppets house?

The 1.5% housing tax hits me right in the belly. KES 5,000 off on an already squeezed pay package.. Its not right, but its OK https://www.businessdail...66296-98nwoo/index.html[/quote]

This economy is being killed slowly


UK is nuts....

Somebody help me know whether employees are the only people who should shoulder the burden of housing for Kenyans. Mimi nishajengea paka watoto wangu na hii ni ufuthuduthu tupu.
Nah! If somebody is earning over 100k, why would that person need low cost housing at all. Did I hear somebody call me a fool, 😕👹👺😈👿🤖🤺🗣️🤸💪💣💥🐒🦎🌋
,Behold, a sower went forth to sow;....
obiero
#168 Posted : Wednesday, September 19, 2018 2:39:31 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
muandiwambeu wrote:
maka wrote:
Ericsson wrote:
obiero wrote:
mlennyma wrote:
obiero wrote:
Lolest! wrote:
VituVingiSana wrote:
#KumiraKumira #TanoTena
[quote=Wororo]Uhuru increases mpesa taxes by a whooping 66% increment

Airtime, data prices fears as excise duty tax increment proposed of 50% to 15%

These two have really made it difficult for the masses...


KumirioKumirio

Will we manage the new taxes

is parliament a puppets house?

The 1.5% housing tax hits me right in the belly. KES 5,000 off on an already squeezed pay package.. Its not right, but its OK https://www.businessdail...66296-98nwoo/index.html[/quote]

This economy is being killed slowly


UK is nuts....

Somebody help me know whether employees are the only people who should shoulder the burden of housing for Kenyans. Mimi nishajengea paka watoto wangu na hii ni ufuthuduthu tupu.
Nah! If somebody is earning over 100k, why would that person need low cost housing at all. Did I hear somebody call me a fool, 😕👹👺😈👿🤖🤺🗣️🤸💪💣💥🐒🦎🌋

The main problem being that the funds are likely going to be wasted and eaten up quickly by cartels. Hapa wamegonga gold mine

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
Ericsson
#169 Posted : Wednesday, September 19, 2018 2:41:20 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,641
Location: NAIROBI
obiero wrote:
muandiwambeu wrote:
maka wrote:
Ericsson wrote:
obiero wrote:
mlennyma wrote:
obiero wrote:
Lolest! wrote:
VituVingiSana wrote:
#KumiraKumira #TanoTena
[quote=Wororo]Uhuru increases mpesa taxes by a whooping 66% increment

Airtime, data prices fears as excise duty tax increment proposed of 50% to 15%

These two have really made it difficult for the masses...


KumirioKumirio

Will we manage the new taxes

is parliament a puppets house?

The 1.5% housing tax hits me right in the belly. KES 5,000 off on an already squeezed pay package.. Its not right, but its OK https://www.businessdail...66296-98nwoo/index.html[/quote]

This economy is being killed slowly


UK is nuts....

Somebody help me know whether employees are the only people who should shoulder the burden of housing for Kenyans. Mimi nishajengea paka watoto wangu na hii ni ufuthuduthu tupu.
Nah! If somebody is earning over 100k, why would that person need low cost housing at all. Did I hear somebody call me a fool, 😕👹👺😈👿🤖🤺🗣️🤸💪💣💥🐒🦎🌋

The main problem being that the funds are likely going to be wasted and eaten up quickly by cartels. Hapa wamegonga gold mine


Starting with arap singh who is salivating for those funds
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#170 Posted : Thursday, September 20, 2018 5:40:29 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,057
Location: Nairobi
StanChart's Sh200m cardless ATMs go live
https://www.businessdail...67944-2m1656/index.html
"This may save them time and charges they incur in when they transact on mobile platforms such as M-Pesa."
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#171 Posted : Thursday, September 20, 2018 9:38:36 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,641
Location: NAIROBI
Safaricom needs to go back to the drawing board.
Mpesa growth will be slowed down by the tax increase.
They have been resisting calls to lower their data bundles charges.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
watesh
#172 Posted : Thursday, September 20, 2018 9:55:55 PM
Rank: Veteran


Joined: 8/10/2014
Posts: 955
Location: Kenya
Ericsson wrote:
Safaricom needs to go back to the drawing board.
Mpesa growth will be slowed down by the tax increase.
They have been resisting calls to lower their data bundles charges.

With the upcoming 15% taxes on internet services, their holding back on lower data bundles gives them a stronger position to incorporate that cost while lower bundle prices.
obiero
#173 Posted : Thursday, September 20, 2018 11:28:45 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
watesh wrote:
Ericsson wrote:
Safaricom needs to go back to the drawing board.
Mpesa growth will be slowed down by the tax increase.
They have been resisting calls to lower their data bundles charges.

With the upcoming 15% taxes on internet services, their holding back on lower data bundles gives them a stronger position to incorporate that cost while lower bundle prices.

@ericsson is right.. the higher tax costs will definitely hit revenues due to reduced usage unless the service price is brought down

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
xxxxx
#174 Posted : Friday, September 21, 2018 10:39:22 AM
Rank: Member


Joined: 3/20/2008
Posts: 503
obiero wrote:
watesh wrote:
Ericsson wrote:
Safaricom needs to go back to the drawing board.
Mpesa growth will be slowed down by the tax increase.
They have been resisting calls to lower their data bundles charges.

With the upcoming 15% taxes on internet services, their holding back on lower data bundles gives them a stronger position to incorporate that cost while lower bundle prices.

@ericsson is right.. the higher tax costs will definitely hit revenues due to reduced usage unless the service price is brought down


Won't the effects hit the competition's revenues as well? ..if not harder?
VituVingiSana
#175 Posted : Friday, September 21, 2018 10:43:58 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,057
Location: Nairobi
xxxxx wrote:
obiero wrote:
watesh wrote:
Ericsson wrote:
Safaricom needs to go back to the drawing board.
Mpesa growth will be slowed down by the tax increase.
They have been resisting calls to lower their data bundles charges.

With the upcoming 15% taxes on internet services, their holding back on lower data bundles gives them a stronger position to incorporate that cost while lower bundle prices.

@ericsson is right.. the higher tax costs will definitely hit revenues due to reduced usage unless the service price is brought down


Won't the effects hit the competition's revenues as well? ..if not harder?
All (including us) will be affected.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#176 Posted : Friday, September 21, 2018 10:45:21 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,641
Location: NAIROBI
xxxxx wrote:
obiero wrote:
watesh wrote:
Ericsson wrote:
Safaricom needs to go back to the drawing board.
Mpesa growth will be slowed down by the tax increase.
They have been resisting calls to lower their data bundles charges.

With the upcoming 15% taxes on internet services, their holding back on lower data bundles gives them a stronger position to incorporate that cost while lower bundle prices.

@ericsson is right.. the higher tax costs will definitely hit revenues due to reduced usage unless the service price is brought down


Won't the effects hit the competition's revenues as well? ..if not harder?

Their mobile money business is insignificant
Overally we'll suffer apart from mpigs
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#177 Posted : Friday, September 21, 2018 11:59:50 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
Ericsson wrote:
xxxxx wrote:
obiero wrote:
watesh wrote:
Ericsson wrote:
Safaricom needs to go back to the drawing board.
Mpesa growth will be slowed down by the tax increase.
They have been resisting calls to lower their data bundles charges.

With the upcoming 15% taxes on internet services, their holding back on lower data bundles gives them a stronger position to incorporate that cost while lower bundle prices.

@ericsson is right.. the higher tax costs will definitely hit revenues due to reduced usage unless the service price is brought down


Won't the effects hit the competition's revenues as well? ..if not harder?

Their mobile money business is insignificant
Overally we'll suffer apart from mpigs

Mobile money is very significant for Safaricom as it is a value chain driving the data purchase decision as well as voice airtime buys.. Banks creeping into the space leaves it wide open for dual sim holders as they simply select via direct transfer from bank account to preferred mobile wallet for data/airtime

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
Ericsson
#178 Posted : Friday, September 21, 2018 3:37:39 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,641
Location: NAIROBI
20 bob yaja
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#179 Posted : Friday, September 21, 2018 3:41:31 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
Ericsson wrote:
20 bob yaja

Highly improbable..

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
Ericsson
#180 Posted : Thursday, September 27, 2018 1:22:25 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,641
Location: NAIROBI
https://citizentv.co.ke/...cks-appointment-213307/

Safaricom has reappointed Sylvia Mulinge as a director in charge of Special Projects.

Ms. Mulinge had exited the company to take up new assignment as Chief Executive Officer of Vodacom Tanzania. Her appointment in Dar es Salaam scheduled to take effect on June 1st 2018.

However this became a cropper after the neighbouring country’s authorities delayed in issuing her with a work permit.

In an email to staff seen by Citizen Digital, CEO Bob Collymore said Mulinge’s appointment will take effect from 1st October 2018.

“In this role, she will report directly to me and will be responsible or spearheading our commercial revival and help us deliver our strategy,’’ reads a section of the communication to staff.

Ms. Mulinge will also be required in the short term to work with commercial teams to “restore customer trust and loyalty.”
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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