Wazua
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Safaricom FY 2018/19
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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murchr wrote:MaichBlack wrote:murchr wrote:MaichBlack wrote:murchr wrote:MaichBlack wrote:sparkly wrote:FUNKY wrote:https://www.nation.co.ke/business/Safaricom-extends-Bob-Collymore-contract/996-5128166-tr71bv/index.html GOK should insist on a competent CEO not a Kenyan CEO. They are not interested in competence, performance or such boring stuff. They are interested in control and the goodies that come with it. A Kenyan can run Safaricom, S/he just needs to be a person of integrity. Our very own iCT minister run google operations in Subsahara Africa. Look at EABL after foreigners took over management, sometimes it takes understanding of our peculiar culture and habits to thrive. This is a terrible comparison. You totally miss the point!!! The problem is the GOK + Safaricom (or any company actually) combination. And the Jubilee government at that!! Kenyans can run stuff!!! We are mostly Kenyans here aren't we?? We run stuff our own way. Next you will tell us Equity is run by a Kenyan, Sijui Centum is run by a Kenyan, Sijui Chandaria... Shida ni Serikali mzee. And the Kenyan who will be selected by individuals with other agendas other than the performance and profitability of the company. Are we tugeza!!!??? Safaricom is mainly run by Kenyans. The CEO was confined in a hospital for a year but the company didnt stop. All those companies collapsing everyday are very privately run, ARM, being an example. At the end of the day, the CEO answers to Vodacom not GOK, if not a Kenyan then it will be a South African, and if that's the case it will be another CFC GOK is playing a very dangerous game (for the company, shareholders, the industry etc.) Their reasoning is that they are joint majority shareholders with Vodacom having 5% shareholding and GOK and Vodacom South Africa holding 35% each. Don't be so sure of who GOK wants the CEO to be answering to!!! Serikali ni kuionea mbali!!! Wewe shinda hapo tu!! Correction' Vodafone UK - 5% If not a Kenyan then South African. When they bought the company, an internal email was circulated telling employees that this was good news for them as it brought about opportunities Vodafone owns 66% of Vodacom Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Ericsson wrote:murchr wrote:MaichBlack wrote:murchr wrote:MaichBlack wrote:murchr wrote:MaichBlack wrote:sparkly wrote:FUNKY wrote:https://www.nation.co.ke/business/Safaricom-extends-Bob-Collymore-contract/996-5128166-tr71bv/index.html GOK should insist on a competent CEO not a Kenyan CEO. They are not interested in competence, performance or such boring stuff. They are interested in control and the goodies that come with it. A Kenyan can run Safaricom, S/he just needs to be a person of integrity. Our very own iCT minister run google operations in Subsahara Africa. Look at EABL after foreigners took over management, sometimes it takes understanding of our peculiar culture and habits to thrive. This is a terrible comparison. You totally miss the point!!! The problem is the GOK + Safaricom (or any company actually) combination. And the Jubilee government at that!! Kenyans can run stuff!!! We are mostly Kenyans here aren't we?? We run stuff our own way. Next you will tell us Equity is run by a Kenyan, Sijui Centum is run by a Kenyan, Sijui Chandaria... Shida ni Serikali mzee. And the Kenyan who will be selected by individuals with other agendas other than the performance and profitability of the company. Are we tugeza!!!??? Safaricom is mainly run by Kenyans. The CEO was confined in a hospital for a year but the company didnt stop. All those companies collapsing everyday are very privately run, ARM, being an example. At the end of the day, the CEO answers to Vodacom not GOK, if not a Kenyan then it will be a South African, and if that's the case it will be another CFC GOK is playing a very dangerous game (for the company, shareholders, the industry etc.) Their reasoning is that they are joint majority shareholders with Vodacom having 5% shareholding and GOK and Vodacom South Africa holding 35% each. Don't be so sure of who GOK wants the CEO to be answering to!!! Serikali ni kuionea mbali!!! Wewe shinda hapo tu!! Correction' Vodafone UK - 5% If not a Kenyan then South African. When they bought the company, an internal email was circulated telling employees that this was good news for them as it brought about opportunities Vodafone owns 66% of Vodacom No disputes on that, Vodafone dictates to Vodacom but Vodacom now dictates to Safaricom. At the board its Vodacom with voting rights not Vodafone "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
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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murchr wrote:Ericsson wrote:murchr wrote:MaichBlack wrote:murchr wrote:MaichBlack wrote:murchr wrote:MaichBlack wrote:sparkly wrote:FUNKY wrote:https://www.nation.co.ke/business/Safaricom-extends-Bob-Collymore-contract/996-5128166-tr71bv/index.html GOK should insist on a competent CEO not a Kenyan CEO. They are not interested in competence, performance or such boring stuff. They are interested in control and the goodies that come with it. A Kenyan can run Safaricom, S/he just needs to be a person of integrity. Our very own iCT minister run google operations in Subsahara Africa. Look at EABL after foreigners took over management, sometimes it takes understanding of our peculiar culture and habits to thrive. This is a terrible comparison. You totally miss the point!!! The problem is the GOK + Safaricom (or any company actually) combination. And the Jubilee government at that!! Kenyans can run stuff!!! We are mostly Kenyans here aren't we?? We run stuff our own way. Next you will tell us Equity is run by a Kenyan, Sijui Centum is run by a Kenyan, Sijui Chandaria... Shida ni Serikali mzee. And the Kenyan who will be selected by individuals with other agendas other than the performance and profitability of the company. Are we tugeza!!!??? Safaricom is mainly run by Kenyans. The CEO was confined in a hospital for a year but the company didnt stop. All those companies collapsing everyday are very privately run, ARM, being an example. At the end of the day, the CEO answers to Vodacom not GOK, if not a Kenyan then it will be a South African, and if that's the case it will be another CFC GOK is playing a very dangerous game (for the company, shareholders, the industry etc.) Their reasoning is that they are joint majority shareholders with Vodacom having 5% shareholding and GOK and Vodacom South Africa holding 35% each. Don't be so sure of who GOK wants the CEO to be answering to!!! Serikali ni kuionea mbali!!! Wewe shinda hapo tu!! Correction' Vodafone UK - 5% If not a Kenyan then South African. When they bought the company, an internal email was circulated telling employees that this was good news for them as it brought about opportunities Vodafone owns 66% of Vodacom No disputes on that, Vodafone dictates to Vodacom but Vodacom now dictates to Safaricom. At the board its Vodacom with voting rights not Vodafone The chances are high that Vodacom and Vodafone vote the same way in Kenya. Shared interests. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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VituVingiSana wrote:murchr wrote:Ericsson wrote:murchr wrote:MaichBlack wrote:murchr wrote:MaichBlack wrote:murchr wrote:MaichBlack wrote:sparkly wrote:FUNKY wrote:https://www.nation.co.ke/business/Safaricom-extends-Bob-Collymore-contract/996-5128166-tr71bv/index.html GOK should insist on a competent CEO not a Kenyan CEO. They are not interested in competence, performance or such boring stuff. They are interested in control and the goodies that come with it. A Kenyan can run Safaricom, S/he just needs to be a person of integrity. Our very own iCT minister run google operations in Subsahara Africa. Look at EABL after foreigners took over management, sometimes it takes understanding of our peculiar culture and habits to thrive. This is a terrible comparison. You totally miss the point!!! The problem is the GOK + Safaricom (or any company actually) combination. And the Jubilee government at that!! Kenyans can run stuff!!! We are mostly Kenyans here aren't we?? We run stuff our own way. Next you will tell us Equity is run by a Kenyan, Sijui Centum is run by a Kenyan, Sijui Chandaria... Shida ni Serikali mzee. And the Kenyan who will be selected by individuals with other agendas other than the performance and profitability of the company. Are we tugeza!!!??? Safaricom is mainly run by Kenyans. The CEO was confined in a hospital for a year but the company didnt stop. All those companies collapsing everyday are very privately run, ARM, being an example. At the end of the day, the CEO answers to Vodacom not GOK, if not a Kenyan then it will be a South African, and if that's the case it will be another CFC GOK is playing a very dangerous game (for the company, shareholders, the industry etc.) Their reasoning is that they are joint majority shareholders with Vodacom having 5% shareholding and GOK and Vodacom South Africa holding 35% each. Don't be so sure of who GOK wants the CEO to be answering to!!! Serikali ni kuionea mbali!!! Wewe shinda hapo tu!! Correction' Vodafone UK - 5% If not a Kenyan then South African. When they bought the company, an internal email was circulated telling employees that this was good news for them as it brought about opportunities Vodafone owns 66% of Vodacom No disputes on that, Vodafone dictates to Vodacom but Vodacom now dictates to Safaricom. At the board its Vodacom with voting rights not Vodafone The chances are high that Vodacom and Vodafone vote the same way in Kenya. Shared interests. So the probability of a South African to head Safcom are high "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
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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murchr wrote:Ericsson wrote:murchr wrote:MaichBlack wrote:murchr wrote:MaichBlack wrote:murchr wrote:MaichBlack wrote:sparkly wrote:FUNKY wrote:https://www.nation.co.ke/business/Safaricom-extends-Bob-Collymore-contract/996-5128166-tr71bv/index.html GOK should insist on a competent CEO not a Kenyan CEO. They are not interested in competence, performance or such boring stuff. They are interested in control and the goodies that come with it. A Kenyan can run Safaricom, S/he just needs to be a person of integrity. Our very own iCT minister run google operations in Subsahara Africa. Look at EABL after foreigners took over management, sometimes it takes understanding of our peculiar culture and habits to thrive. This is a terrible comparison. You totally miss the point!!! The problem is the GOK + Safaricom (or any company actually) combination. And the Jubilee government at that!! Kenyans can run stuff!!! We are mostly Kenyans here aren't we?? We run stuff our own way. Next you will tell us Equity is run by a Kenyan, Sijui Centum is run by a Kenyan, Sijui Chandaria... Shida ni Serikali mzee. And the Kenyan who will be selected by individuals with other agendas other than the performance and profitability of the company. Are we tugeza!!!??? Safaricom is mainly run by Kenyans. The CEO was confined in a hospital for a year but the company didnt stop. All those companies collapsing everyday are very privately run, ARM, being an example. At the end of the day, the CEO answers to Vodacom not GOK, if not a Kenyan then it will be a South African, and if that's the case it will be another CFC GOK is playing a very dangerous game (for the company, shareholders, the industry etc.) Their reasoning is that they are joint majority shareholders with Vodacom having 5% shareholding and GOK and Vodacom South Africa holding 35% each. Don't be so sure of who GOK wants the CEO to be answering to!!! Serikali ni kuionea mbali!!! Wewe shinda hapo tu!! Correction' Vodafone UK - 5% If not a Kenyan then South African. When they bought the company, an internal email was circulated telling employees that this was good news for them as it brought about opportunities Vodafone owns 66% of Vodacom No disputes on that, Vodafone dictates to Vodacom but Vodacom now dictates to Safaricom. At the board its Vodacom with voting rights not Vodafone Who appoints the majority of the board members at Vodacom? Vodacom will just rubber stamp whatever Vodafone says Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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murchr wrote:VituVingiSana wrote:murchr wrote:Ericsson wrote:murchr wrote:MaichBlack wrote:murchr wrote:MaichBlack wrote:murchr wrote:MaichBlack wrote:sparkly wrote:FUNKY wrote:https://www.nation.co.ke/business/Safaricom-extends-Bob-Collymore-contract/996-5128166-tr71bv/index.html GOK should insist on a competent CEO not a Kenyan CEO. They are not interested in competence, performance or such boring stuff. They are interested in control and the goodies that come with it. A Kenyan can run Safaricom, S/he just needs to be a person of integrity. Our very own iCT minister run google operations in Subsahara Africa. Look at EABL after foreigners took over management, sometimes it takes understanding of our peculiar culture and habits to thrive. This is a terrible comparison. You totally miss the point!!! The problem is the GOK + Safaricom (or any company actually) combination. And the Jubilee government at that!! Kenyans can run stuff!!! We are mostly Kenyans here aren't we?? We run stuff our own way. Next you will tell us Equity is run by a Kenyan, Sijui Centum is run by a Kenyan, Sijui Chandaria... Shida ni Serikali mzee. And the Kenyan who will be selected by individuals with other agendas other than the performance and profitability of the company. Are we tugeza!!!??? Safaricom is mainly run by Kenyans. The CEO was confined in a hospital for a year but the company didnt stop. All those companies collapsing everyday are very privately run, ARM, being an example. At the end of the day, the CEO answers to Vodacom not GOK, if not a Kenyan then it will be a South African, and if that's the case it will be another CFC GOK is playing a very dangerous game (for the company, shareholders, the industry etc.) Their reasoning is that they are joint majority shareholders with Vodacom having 5% shareholding and GOK and Vodacom South Africa holding 35% each. Don't be so sure of who GOK wants the CEO to be answering to!!! Serikali ni kuionea mbali!!! Wewe shinda hapo tu!! Correction' Vodafone UK - 5% If not a Kenyan then South African. When they bought the company, an internal email was circulated telling employees that this was good news for them as it brought about opportunities Vodafone owns 66% of Vodacom No disputes on that, Vodafone dictates to Vodacom but Vodacom now dictates to Safaricom. At the board its Vodacom with voting rights not Vodafone The chances are high that Vodacom and Vodafone vote the same way in Kenya. Shared interests. So the probability of a South African to head Safcom are high Let's wait and see but probability is low according to me Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 7/22/2009 Posts: 7,838
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Ericsson wrote:murchr wrote:Ericsson wrote:murchr wrote:MaichBlack wrote:murchr wrote:MaichBlack wrote:murchr wrote:MaichBlack wrote:sparkly wrote:FUNKY wrote:https://www.nation.co.ke/business/Safaricom-extends-Bob-Collymore-contract/996-5128166-tr71bv/index.html GOK should insist on a competent CEO not a Kenyan CEO. They are not interested in competence, performance or such boring stuff. They are interested in control and the goodies that come with it. A Kenyan can run Safaricom, S/he just needs to be a person of integrity. Our very own iCT minister run google operations in Subsahara Africa. Look at EABL after foreigners took over management, sometimes it takes understanding of our peculiar culture and habits to thrive. This is a terrible comparison. You totally miss the point!!! The problem is the GOK + Safaricom (or any company actually) combination. And the Jubilee government at that!! Kenyans can run stuff!!! We are mostly Kenyans here aren't we?? We run stuff our own way. Next you will tell us Equity is run by a Kenyan, Sijui Centum is run by a Kenyan, Sijui Chandaria... Shida ni Serikali mzee. And the Kenyan who will be selected by individuals with other agendas other than the performance and profitability of the company. Are we tugeza!!!??? Safaricom is mainly run by Kenyans. The CEO was confined in a hospital for a year but the company didnt stop. All those companies collapsing everyday are very privately run, ARM, being an example. At the end of the day, the CEO answers to Vodacom not GOK, if not a Kenyan then it will be a South African, and if that's the case it will be another CFC GOK is playing a very dangerous game (for the company, shareholders, the industry etc.) Their reasoning is that they are joint majority shareholders with Vodacom having 5% shareholding and GOK and Vodacom South Africa holding 35% each. Don't be so sure of who GOK wants the CEO to be answering to!!! Serikali ni kuionea mbali!!! Wewe shinda hapo tu!! Correction' Vodafone UK - 5% If not a Kenyan then South African. When they bought the company, an internal email was circulated telling employees that this was good news for them as it brought about opportunities Vodafone owns 66% of Vodacom No disputes on that, Vodafone dictates to Vodacom but Vodacom now dictates to Safaricom. At the board its Vodacom with voting rights not Vodafone Who appoints the majority of the board members at Vodacom? Vodacom will just rubber stamp whatever Vodafone says Exactly. I don't see where the South African is coming in. Vodafone ndio kusema in matters Vodacom. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 7/22/2009 Posts: 7,838
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Africa here we come.... Ethiopia is very mouth watering...Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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murchr wrote:VituVingiSana wrote:murchr wrote:Ericsson wrote:murchr wrote:MaichBlack wrote:murchr wrote:MaichBlack wrote:murchr wrote:MaichBlack wrote:sparkly wrote:FUNKY wrote:https://www.nation.co.ke/business/Safaricom-extends-Bob-Collymore-contract/996-5128166-tr71bv/index.html GOK should insist on a competent CEO not a Kenyan CEO. They are not interested in competence, performance or such boring stuff. They are interested in control and the goodies that come with it. A Kenyan can run Safaricom, S/he just needs to be a person of integrity. Our very own iCT minister run google operations in Subsahara Africa. Look at EABL after foreigners took over management, sometimes it takes understanding of our peculiar culture and habits to thrive. This is a terrible comparison. You totally miss the point!!! The problem is the GOK + Safaricom (or any company actually) combination. And the Jubilee government at that!! Kenyans can run stuff!!! We are mostly Kenyans here aren't we?? We run stuff our own way. Next you will tell us Equity is run by a Kenyan, Sijui Centum is run by a Kenyan, Sijui Chandaria... Shida ni Serikali mzee. And the Kenyan who will be selected by individuals with other agendas other than the performance and profitability of the company. Are we tugeza!!!??? Safaricom is mainly run by Kenyans. The CEO was confined in a hospital for a year but the company didnt stop. All those companies collapsing everyday are very privately run, ARM, being an example. At the end of the day, the CEO answers to Vodacom not GOK, if not a Kenyan then it will be a South African, and if that's the case it will be another CFC GOK is playing a very dangerous game (for the company, shareholders, the industry etc.) Their reasoning is that they are joint majority shareholders with Vodacom having 5% shareholding and GOK and Vodacom South Africa holding 35% each. Don't be so sure of who GOK wants the CEO to be answering to!!! Serikali ni kuionea mbali!!! Wewe shinda hapo tu!! Correction' Vodafone UK - 5% If not a Kenyan then South African. When they bought the company, an internal email was circulated telling employees that this was good news for them as it brought about opportunities Vodafone owns 66% of Vodacom No disputes on that, Vodafone dictates to Vodacom but Vodacom now dictates to Safaricom. At the board its Vodacom with voting rights not Vodafone The chances are high that Vodacom and Vodafone vote the same way in Kenya. Shared interests. So the probability of a South African to head Safcom are high I do not care whether the CEO is South African, British, Kenyan or Mongolian. S/he should be the best available at a reasonable cost to shareholders. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Huge jump today in share price Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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