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Safaricom 2019/2020
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Ericsson
#1 Posted : Friday, July 26, 2019 7:07:32 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,816
Location: NAIROBI
South African mobile phone operator Vodacom Group Ltd on Thursday reported a 4% rise in first quarter revenue as growth from its international business offset a lacklustre performance at home, sending its shares up 2%.

Group revenue rose to 21.5 billion rand ($1.55 billion) for the quarter ended June 30, with service revenue up 3.9% to 17.4 billion rand.

Despite the impact of cyclones Idai and Kenneth in Mozambique, international service revenue jumped 20%, largely driven by a 42.7% increase in revenue from Kenya’s Safaricom M-Pesa mobile financial services platform and data demand, the company said.

https://af.reuters.com/a.../kenyaNews/idAFL8N24Q1SW
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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FUNKY
#2 Posted : Friday, July 26, 2019 7:10:31 PM
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Joined: 4/30/2010
Posts: 1,635
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Ebenyo
#3 Posted : Saturday, July 27, 2019 8:50:46 AM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,020
Location: Kitale
FUNKY wrote:
https://citizentv.co.ke/business/govt-will-not-interfere-with-search-for-new-safaricom-after-collymores-death-mucheru-266120/?amp

Some good news!



This is good.We don't want safaricom to go the path of kplc,KQ,mumias and eapcc
Towards the goal of financial freedom
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Ericsson
#4 Posted : Wednesday, July 31, 2019 2:07:29 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,816
Location: NAIROBI
https://www.kahawatungu....mployees-airtel-merger/

Safaricom shareholders are dancing
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XSK
#5 Posted : Wednesday, July 31, 2019 2:26:13 PM
Rank: Veteran

Joined: 12/8/2009
Posts: 975
Location: Nairobi
Ericsson wrote:
https://www.kahawatungu.com/2019/07/31/600-telkom-kenya-employees-airtel-merger/

Safaricom shareholders are dancing


Why should they be dancing/happy? smile
You will know that you have arrived when money and time are not mutually exclusive "events" in you life!
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Ericsson
#6 Posted : Wednesday, July 31, 2019 2:30:06 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,816
Location: NAIROBI
XSK wrote:
Ericsson wrote:
https://www.kahawatungu.com/2019/07/31/600-telkom-kenya-employees-airtel-merger/

Safaricom shareholders are dancing


Why should they be dancing/happy? smile

The combined entity is a non starter
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FUNKY
#7 Posted : Thursday, August 01, 2019 6:53:32 PM
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Joined: 4/30/2010
Posts: 1,635
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winmak
#8 Posted : Thursday, August 01, 2019 9:33:06 PM
Rank: Member

Joined: 12/1/2007
Posts: 539
Location: Nakuru
[quote=FUNKY]Breaking news

https://www.standardmedi...H1b3VVF5yaHyJDF6jRgxaYw[/quote]

Should we worry
For investors as a whole, returns decrease as motion increases ~ WB
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Ebenyo
#9 Posted : Thursday, August 01, 2019 9:36:03 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,020
Location: Kitale
winmak wrote:
[quote=FUNKY]Breaking news

https://www.standardmedi...H1b3VVF5yaHyJDF6jRgxaYw[/quote]

Should we worry



As of now,there is no worry.
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FUNKY
#10 Posted : Thursday, August 01, 2019 9:41:41 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
There is a big worry...Michael Joseph must know something that's why he sold his entire shareholding!
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