wazua Thu, Apr 23, 2026
Welcome Guest Search | Active Topics | Log In

75 Pages«<910111213>»
Safaricom 2019/2020
jmbada
#101 Posted : Sunday, October 13, 2019 2:50:40 PM
Rank: Member

Joined: 1/1/2011
Posts: 396
shocks wrote:
Big question is will ethiopia let such a critical industry be run by a company that a neighbouring government owns 35% of

Explains UK's travel to Ethiopia. And pretty sure KE nominated the PM for the Nobel.
Ericsson
#102 Posted : Sunday, October 13, 2019 6:25:52 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
Kenya is to buy 400MW of power from Ethiopia 🇪🇹
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#103 Posted : Sunday, October 13, 2019 7:02:30 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
shocks wrote:
Big question is will ethiopia let such a critical industry be run by a company that a neighbouring government owns 35% of


Government to government agreements/arrangement.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
FUNKY
#104 Posted : Monday, October 14, 2019 10:12:12 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
https://www.businessdail...1132-fin56bz/index.html

No wonder price has remained stable even after going ex dividend
Ericsson
#105 Posted : Monday, October 14, 2019 10:32:47 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
FUNKY wrote:
https://www.businessdailyafrica.com/markets/marketnews/NSSF-puts-25pc-equity-portfolio/3815534-5311132-fin56bz/index.html

No wonder price has remained stable even after going ex dividend


Which means they own more than 1% of safaricom.
Dividend they will receive is ksh.900mn plus
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#106 Posted : Wednesday, October 16, 2019 4:39:21 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
Safaricom is Planning to Expand its Business to Regional Africa with eCommerce as its Top Priority


Kenya’s top mobile phone carrier Safaricom has big plans for the future.In its pipeline is a plan to put its business in a regional map amid diversification processes that have seen the telco branch into various business portfolios such its incoming eCommerce venture, improved payment solutions for merchants and music streaming services.
Nonetheless, the telco has a lot of cash at its disposal, and this surplus has made industry experts predict Safaricom’s venture in Eastern Africa’s largest economy, Ethiopia.
What’s more, Collymore says that the expansion has been actualized after South Africa’s Vodacom paid $2.6 billion for a 35 per cent stake in Safaricom a few weeks ago. This will pave way for Safaricom to take its business to outside markets that were held by Vodacom.

https://techweez.com/201...aricom-africa-expansion/
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#107 Posted : Wednesday, October 16, 2019 4:44:09 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
watesh wrote:
Ericsson wrote:
Safaricom is considering buying a stake in Ethiopia state owned Ethio telecom, which has announced the sale of shares through a privatization plan or setting shop in Ethiopia from scratch.

Finally some light at the end of the tunnel in terms of expansion outside the country



Safaricom has denied reports of the company entering into the Ethiopian market.

The Kenyan telco had been said to be gearing up for its first venture abroad, with reports that it was in negotiations with the Ethiopian government for a stake in state-owned monopoly Ethio Telecom.

“We wish to categorically state that we are not engaged in any conversations with Ethio Telecom on this matter. Any information to the contrary is completely inaccurate,” CEO Bob Collymore told The EastAfrican.

Ethiopian media reported last week that the government had opened discussions with Safaricom on the sale of half of the shares of Ethio Telecom.
Kenya’s Principal Secretary in-charge of ICT Victor Kyalo said he had seen a tweet about the transaction.

“It is not clear whether it is Safaricom or Vodacom. I tried to check, but nobody seems to know any information. If they have, they seem to be guarding it,” Mr Kyalo told The EastAfrican. The Kenyan government owns 40 per cent of Safaricom.

Last week, Ethiopian satellite broadcaster Esat reported that both the sale of Ethio Telecom shares to Safaricom and the sale of the Addis Ababa Hilton Hotel to Ethiopian-born Saudi tycoon Sheikh Mohamnmed Hussien Alamoudi, the 159th richest man in the world according to Forbes, were part of the authorities efforts to ease the forex crunch in the country and tackle indebtedness.

https://www.theeastafric...140-10jjv3tz/index.html

Two years ago the story was denied by the PS ICT Victor Kyalo and Safaricom CEO then Bob Collymore.
Now the truth has come out of interest in acquiring a stake.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#108 Posted : Wednesday, October 16, 2019 4:47:41 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
Ericsson wrote:
Safaricom is considering buying a stake in Ethiopia state owned Ethio telecom, which has announced the sale of shares through a privatization plan or setting shop in Ethiopia from scratch.


https://www.businessdail...307440-xgqqpk/index.html
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#109 Posted : Wednesday, October 16, 2019 4:51:49 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
watesh wrote:
Ericsson wrote:
Safaricom is considering buying a stake in Ethiopia state owned Ethio telecom, which has announced the sale of shares through a privatization plan or setting shop in Ethiopia from scratch.

Finally some light at the end of the tunnel in terms of expansion outside the country


Ethio telecom 2018/2019 Financial results
Revenue - - - $1.2bn
Net income---$198mn

Let's say Company is valued at sh.200bn using a price to earnings ratio of 10
If the Ethiopian government sells a 20% stake, safaricom may have to folk out $400mn or ksh.40bn
Easy for Saf which paid 75bn+ in dividends last year.

Let's wait and see what % stake will up for sale
I was using your numbers. Even 50% at 100bn ($1bn) is do-able by Saf given it has the ability to borrow based on its regular and substantial cash inflow and debt-free balance sheet.


Ethio Telecom has appointed international consulting firm KPMG to evaluate its assets, and an advisor on the privatisation process will be appointed soon, a senior finance ministry official said on Thursday.

https://www.reuters.com/...atisation-idUSL3N26N2JO

KPMG have been appointed to evaluate the assets of Ethio Telecom.This will help in coming up with a valuation of the company so as to determine the consideration of the stake to be sold.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#110 Posted : Wednesday, October 23, 2019 8:11:25 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
Safaricom is celebrating 19th birthday at Sarit Expo center
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
75 Pages«<910111213>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.