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Safaricom 2019/2020
Ericsson
#321 Posted : Thursday, May 14, 2020 9:24:06 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,402
Location: NAIROBI
https://www.businessdail...51826-uqngmi/index.html

Airtel still using same tactics that have catapulted safaricom's growth
Ericsson
#322 Posted : Saturday, May 23, 2020 12:04:17 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,402
Location: NAIROBI
Vodafone (VOD.L), the world’s second-biggest mobile operator, has recruited Jean-Francois Van Boxmeer, the current CEO of brewer Heineken (HEIN.AS), to succeed Gerard Kleisterlee as chairman from November this year.

The British company said Van Boxmeer, a Belgian, will join as a non-executive director on July 28.

He has been Heineken’s CEO since 2005, presiding over a nearly threefold increase in its share price through a combination of strategic transactions and organic growth. He will hand over the role to Asia-Pacific chief, Dolf van den Brink, in June.

Van Boxmeer “is a very experienced businessman, with an in-depth knowledge of our geographic regions and he brings very strong sales and customer focus,” said Kleisterlee, who has been Vodafone’s chairman for nine years.
“I am greatly looking forward to working with (CEO) Nick (Read) and the executive team to drive forward Vodafone’s strategy, ensuring that we create significant value for all stakeholders,” Van Boxmeer said.

https://www.reuters.com/...&utm_source=twitter

Started with Peter Ndegwa from Diageo Europe to Safaricom.
Ericsson
#323 Posted : Saturday, May 23, 2020 12:16:45 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,402
Location: NAIROBI
Ethiopia plans to sell 40% of the state controlled telecommunications monopoly as the government moves to open up the industry to international operators.
Ethiopia government will retain 60%

https://www.bloomberg.co...paign=socialflow-organic
VituVingiSana
#324 Posted : Saturday, May 23, 2020 7:13:06 PM
Rank: Chief


Joined: 1/3/2007
Posts: 17,015
Location: Nairobi
Ericsson wrote:
Ethiopia plans to sell 40% of the state controlled telecommunications monopoly as the government moves to open up the industry to international operators.
Ethiopia government will retain 60%

https://www.bloomberg.co...aign=socialflow-organic

Having a government as a 50%+ owner can be problematic unless they follow the Kenya model by selling a stake to the public.

Safaricom: 40% Vodafone/Vodacom ; 35% GoK ; 25% listed
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#325 Posted : Saturday, May 23, 2020 8:57:38 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,402
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
Ethiopia plans to sell 40% of the state controlled telecommunications monopoly as the government moves to open up the industry to international operators.
Ethiopia government will retain 60%

https://www.bloomberg.co...aign=socialflow-organic

Having a government as a 50%+ owner can be problematic unless they follow the Kenya model by selling a stake to the public.

Safaricom: 40% Vodafone/Vodacom ; 35% GoK ; 25% listed


Or have the arrangement safaricom had before listing.
Telkom kenya 60%
Vodafone 40%

Vodafone had the say in management affairs.
Does Ethiopia have a stock exchange
aemathenge
#326 Posted : Wednesday, June 03, 2020 6:17:41 PM
Rank: Elder


Joined: 10/18/2008
Posts: 3,278
Location: Kerugoya
NTSA Seeks Ban On Use Of Cash For Matatu Fares

WEDNESDAY, JUNE 3, 2020 9:00

Use of cash in public transport services is likely to be banned once the government approves a digital fare collection system that will also have the technical capability to contact trace passengers in the fight against the novel coronavirus disease.

The National Transport and Safety Authority (NTSA) has advertised for bids inviting tech companies to install mobile software and web applications for the nearly 2 00,000 matatus in the country.

Once the system is in place, all passengers could be required to pay their fares via mobile money platforms, giving the government access to their identities and personal contact information that is needed to combat the Covid-19 pandemic, which has disrupted lives worldwide.

NTSA Director-General George Njao said through a tender notice the authority plans to introduce the mandatory use of cashless payments for all Public Service Vehicles (PSVs)”.

“The cashless system will also provide a platform for development of an effective contact tracing application to support the government effort in addressing the coronavirus pandemic.”

Contact tracing, a disease control method that traditionally relies on patients’ memories of their movements, identifies people they might have infected so they too can be isolated either for monitoring or treatment.

Firms are expected to submit their bids before June 16, an indication of the State agency’s plan to roll out the cashless payment platform.

That means companies have two weeks to submit their bids.

Source: The Business Daily Newspaper: https://www.businessdail...9816-ftl5d0z/index.html
Ericsson
#327 Posted : Thursday, June 04, 2020 6:45:23 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,402
Location: NAIROBI
aemathenge wrote:
NTSA Seeks Ban On Use Of Cash For Matatu Fares

WEDNESDAY, JUNE 3, 2020 9:00

Use of cash in public transport services is likely to be banned once the government approves a digital fare collection system that will also have the technical capability to contact trace passengers in the fight against the novel coronavirus disease.

The National Transport and Safety Authority (NTSA) has advertised for bids inviting tech companies to install mobile software and web applications for the nearly 2 00,000 matatus in the country.

Once the system is in place, all passengers could be required to pay their fares via mobile money platforms, giving the government access to their identities and personal contact information that is needed to combat the Covid-19 pandemic, which has disrupted lives worldwide.

NTSA Director-General George Njao said through a tender notice the authority plans to introduce the mandatory use of cashless payments for all Public Service Vehicles (PSVs)”.

“The cashless system will also provide a platform for development of an effective contact tracing application to support the government effort in addressing the coronavirus pandemic.”

Contact tracing, a disease control method that traditionally relies on patients’ memories of their movements, identifies people they might have infected so they too can be isolated either for monitoring or treatment.

Firms are expected to submit their bids before June 16, an indication of the State agency’s plan to roll out the cashless payment platform.

That means companies have two weeks to submit their bids.

Source: The Business Daily Newspaper: https://www.businessdail...9816-ftl5d0z/index.html


Pipe dream.Where is the evidence suggesting corona is spread through people paying fare by cash
aemathenge
#328 Posted : Thursday, June 04, 2020 7:18:07 AM
Rank: Elder


Joined: 10/18/2008
Posts: 3,278
Location: Kerugoya
Ericsson wrote:
aemathenge wrote:
NTSA Seeks Ban On Use Of Cash For Matatu Fares

WEDNESDAY, JUNE 3, 2020 9:00

Use of cash in public transport services is likely to be banned once the government approves a digital fare collection system that will also have the technical capability to contact trace passengers in the fight against the novel coronavirus disease.

The National Transport and Safety Authority (NTSA) has advertised for bids inviting tech companies to install mobile software and web applications for the nearly 2 00,000 matatus in the country.

Once the system is in place, all passengers could be required to pay their fares via mobile money platforms, giving the government access to their identities and personal contact information that is needed to combat the Covid-19 pandemic, which has disrupted lives worldwide.

NTSA Director-General George Njao said through a tender notice the authority plans to introduce the mandatory use of cashless payments for all Public Service Vehicles (PSVs)”.

“The cashless system will also provide a platform for development of an effective contact tracing application to support the government effort in addressing the coronavirus pandemic.”

Contact tracing, a disease control method that traditionally relies on patients’ memories of their movements, identifies people they might have infected so they too can be isolated either for monitoring or treatment.

Firms are expected to submit their bids before June 16, an indication of the State agency’s plan to roll out the cashless payment platform.

That means companies have two weeks to submit their bids.

Source: The Business Daily Newspaper: https://www.businessdail...9816-ftl5d0z/index.html


Pipe dream.Where is the evidence suggesting corona is spread through people paying fare by cash

The post is about a system to help "trace" people's movements.

The context is that The Blue Monster has a head start in winning the bid.
winmak
#329 Posted : Thursday, June 04, 2020 7:24:19 AM
Rank: Member


Joined: 12/1/2007
Posts: 496
Location: Nakuru
Ericsson wrote:
aemathenge wrote:
NTSA Seeks Ban On Use Of Cash For Matatu Fares

WEDNESDAY, JUNE 3, 2020 9:00

Use of cash in public transport services is likely to be banned once the government approves a digital fare collection system that will also have the technical capability to contact trace passengers in the fight against the novel coronavirus disease.

The National Transport and Safety Authority (NTSA) has advertised for bids inviting tech companies to install mobile software and web applications for the nearly 2 00,000 matatus in the country.

Once the system is in place, all passengers could be required to pay their fares via mobile money platforms, giving the government access to their identities and personal contact information that is needed to combat the Covid-19 pandemic, which has disrupted lives worldwide.

NTSA Director-General George Njao said through a tender notice the authority plans to introduce the mandatory use of cashless payments for all Public Service Vehicles (PSVs)”.

“The cashless system will also provide a platform for development of an effective contact tracing application to support the government effort in addressing the coronavirus pandemic.”

Contact tracing, a disease control method that traditionally relies on patients’ memories of their movements, identifies people they might have infected so they too can be isolated either for monitoring or treatment.

Firms are expected to submit their bids before June 16, an indication of the State agency’s plan to roll out the cashless payment platform.

That means companies have two weeks to submit their bids.

Source: The Business Daily Newspaper: https://www.businessdail...9816-ftl5d0z/index.html


Pipe dream.Where is the evidence suggesting corona is spread through people paying fare by cash


@Ericsson, I thought the idea is the traceability. If a guy with corona is in the same mat as you, they simply trace everyone who paid the fare for in that mat.
For investors as a whole, returns decrease as motion increases ~ WB
Ericsson
#330 Posted : Thursday, June 04, 2020 7:56:36 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,402
Location: NAIROBI
winmak wrote:
Ericsson wrote:
aemathenge wrote:
NTSA Seeks Ban On Use Of Cash For Matatu Fares

WEDNESDAY, JUNE 3, 2020 9:00

Use of cash in public transport services is likely to be banned once the government approves a digital fare collection system that will also have the technical capability to contact trace passengers in the fight against the novel coronavirus disease.

The National Transport and Safety Authority (NTSA) has advertised for bids inviting tech companies to install mobile software and web applications for the nearly 2 00,000 matatus in the country.

Once the system is in place, all passengers could be required to pay their fares via mobile money platforms, giving the government access to their identities and personal contact information that is needed to combat the Covid-19 pandemic, which has disrupted lives worldwide.

NTSA Director-General George Njao said through a tender notice the authority plans to introduce the mandatory use of cashless payments for all Public Service Vehicles (PSVs)”.

“The cashless system will also provide a platform for development of an effective contact tracing application to support the government effort in addressing the coronavirus pandemic.”

Contact tracing, a disease control method that traditionally relies on patients’ memories of their movements, identifies people they might have infected so they too can be isolated either for monitoring or treatment.

Firms are expected to submit their bids before June 16, an indication of the State agency’s plan to roll out the cashless payment platform.

That means companies have two weeks to submit their bids.

Source: The Business Daily Newspaper: https://www.businessdail...9816-ftl5d0z/index.html


Pipe dream.Where is the evidence suggesting corona is spread through people paying fare by cash


@Ericsson, I thought the idea is the traceability. If a guy with corona is in the same mat as you, they simply trace everyone who paid the fare for in that mat.


By the time we are done with tendering,evaluation of the bids,selection of the winner,testing,implementation of the system a vaccine would have been discovered.
sparkly
#331 Posted : Thursday, June 04, 2020 9:11:48 AM
Rank: Elder


Joined: 9/23/2009
Posts: 7,733
Location: Enk are Nyirobi
aemathenge wrote:
NTSA Seeks Ban On Use Of Cash For Matatu Fares

WEDNESDAY, JUNE 3, 2020 9:00

Use of cash in public transport services is likely to be banned once the government approves a digital fare collection system that will also have the technical capability to contact trace passengers in the fight against the novel coronavirus disease.

The National Transport and Safety Authority (NTSA) has advertised for bids inviting tech companies to install mobile software and web applications for the nearly 2 00,000 matatus in the country.

Once the system is in place, all passengers could be required to pay their fares via mobile money platforms, giving the government access to their identities and personal contact information that is needed to combat the Covid-19 pandemic, which has disrupted lives worldwide.

NTSA Director-General George Njao said through a tender notice the authority plans to introduce the mandatory use of cashless payments for all Public Service Vehicles (PSVs)”.

“The cashless system will also provide a platform for development of an effective contact tracing application to support the government effort in addressing the coronavirus pandemic.”

Contact tracing, a disease control method that traditionally relies on patients’ memories of their movements, identifies people they might have infected so they too can be isolated either for monitoring or treatment.

Firms are expected to submit their bids before June 16, an indication of the State agency’s plan to roll out the cashless payment platform.

That means companies have two weeks to submit their bids.

Source: The Business Daily Newspaper: https://www.businessdail...9816-ftl5d0z/index.html


NTSA shouldn't invest in a cashless system. They should simply pass a law banning cash fares and require matatu saccos to procure and install cashless fare systems. Impose fines for operators and passengers found flouting.
Life is short. Live passionately.
VituVingiSana
#332 Posted : Thursday, June 04, 2020 9:45:31 AM
Rank: Chief


Joined: 1/3/2007
Posts: 17,015
Location: Nairobi
sparkly wrote:
aemathenge wrote:
NTSA Seeks Ban On Use Of Cash For Matatu Fares

WEDNESDAY, JUNE 3, 2020 9:00

Use of cash in public transport services is likely to be banned once the government approves a digital fare collection system that will also have the technical capability to contact trace passengers in the fight against the novel coronavirus disease.

The National Transport and Safety Authority (NTSA) has advertised for bids inviting tech companies to install mobile software and web applications for the nearly 2 00,000 matatus in the country.

Once the system is in place, all passengers could be required to pay their fares via mobile money platforms, giving the government access to their identities and personal contact information that is needed to combat the Covid-19 pandemic, which has disrupted lives worldwide.

NTSA Director-General George Njao said through a tender notice the authority plans to introduce the mandatory use of cashless payments for all Public Service Vehicles (PSVs)”.

“The cashless system will also provide a platform for development of an effective contact tracing application to support the government effort in addressing the coronavirus pandemic.”

Contact tracing, a disease control method that traditionally relies on patients’ memories of their movements, identifies people they might have infected so they too can be isolated either for monitoring or treatment.

Firms are expected to submit their bids before June 16, an indication of the State agency’s plan to roll out the cashless payment platform.

That means companies have two weeks to submit their bids.

Source: The Business Daily Newspaper: https://www.businessdail...9816-ftl5d0z/index.html


NTSA shouldn't invest in a cashless system. They should simply pass a law banning cash fares and require matatu saccos to procure and install cashless fare systems. Impose fines for operators and passengers found flouting.
What if there are 10 different systems that don't talk to each other?
Would I need EquiCard on some routes and SafCard on others?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sparkly
#333 Posted : Thursday, June 04, 2020 3:23:23 PM
Rank: Elder


Joined: 9/23/2009
Posts: 7,733
Location: Enk are Nyirobi
VituVingiSana wrote:
sparkly wrote:
aemathenge wrote:
NTSA Seeks Ban On Use Of Cash For Matatu Fares

WEDNESDAY, JUNE 3, 2020 9:00

Use of cash in public transport services is likely to be banned once the government approves a digital fare collection system that will also have the technical capability to contact trace passengers in the fight against the novel coronavirus disease.

The National Transport and Safety Authority (NTSA) has advertised for bids inviting tech companies to install mobile software and web applications for the nearly 2 00,000 matatus in the country.

Once the system is in place, all passengers could be required to pay their fares via mobile money platforms, giving the government access to their identities and personal contact information that is needed to combat the Covid-19 pandemic, which has disrupted lives worldwide.

NTSA Director-General George Njao said through a tender notice the authority plans to introduce the mandatory use of cashless payments for all Public Service Vehicles (PSVs)”.

“The cashless system will also provide a platform for development of an effective contact tracing application to support the government effort in addressing the coronavirus pandemic.”

Contact tracing, a disease control method that traditionally relies on patients’ memories of their movements, identifies people they might have infected so they too can be isolated either for monitoring or treatment.

Firms are expected to submit their bids before June 16, an indication of the State agency’s plan to roll out the cashless payment platform.

That means companies have two weeks to submit their bids.

Source: The Business Daily Newspaper: https://www.businessdail...9816-ftl5d0z/index.html


NTSA shouldn't invest in a cashless system. They should simply pass a law banning cash fares and require matatu saccos to procure and install cashless fare systems. Impose fines for operators and passengers found flouting.
What if there are 10 different systems that don't talk to each other?
Would I need EquiCard on some routes and SafCard on others?


One provider for all matatus is monopolistic and anti-competitive. Payment should be left to market forces.
Life is short. Live passionately.
eangaga
#334 Posted : Thursday, June 04, 2020 3:53:30 PM
Rank: New-farer


Joined: 11/15/2016
Posts: 25
sparkly wrote:
VituVingiSana wrote:
sparkly wrote:
aemathenge wrote:
NTSA Seeks Ban On Use Of Cash For Matatu Fares

WEDNESDAY, JUNE 3, 2020 9:00

Use of cash in public transport services is likely to be banned once the government approves a digital fare collection system that will also have the technical capability to contact trace passengers in the fight against the novel coronavirus disease.

The National Transport and Safety Authority (NTSA) has advertised for bids inviting tech companies to install mobile software and web applications for the nearly 2 00,000 matatus in the country.

Once the system is in place, all passengers could be required to pay their fares via mobile money platforms, giving the government access to their identities and personal contact information that is needed to combat the Covid-19 pandemic, which has disrupted lives worldwide.

NTSA Director-General George Njao said through a tender notice the authority plans to introduce the mandatory use of cashless payments for all Public Service Vehicles (PSVs)”.

“The cashless system will also provide a platform for development of an effective contact tracing application to support the government effort in addressing the coronavirus pandemic.”

Contact tracing, a disease control method that traditionally relies on patients’ memories of their movements, identifies people they might have infected so they too can be isolated either for monitoring or treatment.

Firms are expected to submit their bids before June 16, an indication of the State agency’s plan to roll out the cashless payment platform.

That means companies have two weeks to submit their bids.

Source: The Business Daily Newspaper: https://www.businessdail...9816-ftl5d0z/index.html


NTSA shouldn't invest in a cashless system. They should simply pass a law banning cash fares and require matatu saccos to procure and install cashless fare systems. Impose fines for operators and passengers found flouting.
What if there are 10 different systems that don't talk to each other?
Would I need EquiCard on some routes and SafCard on others?


One provider for all matatus is monopolistic and anti-competitive. Payment should be left to market forces.


I am wondering if they need to create a system at all. They can pass the law and say use mpesa or other mobile forms of payment already in place. Matatu owners have paybill or phone number for every matatu. Already digital payment are all over the country.
Ericsson
#335 Posted : Thursday, June 04, 2020 5:49:51 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,402
Location: NAIROBI
eangaga wrote:
sparkly wrote:
VituVingiSana wrote:
sparkly wrote:
aemathenge wrote:
NTSA Seeks Ban On Use Of Cash For Matatu Fares

WEDNESDAY, JUNE 3, 2020 9:00

Use of cash in public transport services is likely to be banned once the government approves a digital fare collection system that will also have the technical capability to contact trace passengers in the fight against the novel coronavirus disease.

The National Transport and Safety Authority (NTSA) has advertised for bids inviting tech companies to install mobile software and web applications for the nearly 2 00,000 matatus in the country.

Once the system is in place, all passengers could be required to pay their fares via mobile money platforms, giving the government access to their identities and personal contact information that is needed to combat the Covid-19 pandemic, which has disrupted lives worldwide.

NTSA Director-General George Njao said through a tender notice the authority plans to introduce the mandatory use of cashless payments for all Public Service Vehicles (PSVs)”.

“The cashless system will also provide a platform for development of an effective contact tracing application to support the government effort in addressing the coronavirus pandemic.”

Contact tracing, a disease control method that traditionally relies on patients’ memories of their movements, identifies people they might have infected so they too can be isolated either for monitoring or treatment.

Firms are expected to submit their bids before June 16, an indication of the State agency’s plan to roll out the cashless payment platform.

That means companies have two weeks to submit their bids.

Source: The Business Daily Newspaper: https://www.businessdail...9816-ftl5d0z/index.html


NTSA shouldn't invest in a cashless system. They should simply pass a law banning cash fares and require matatu saccos to procure and install cashless fare systems. Impose fines for operators and passengers found flouting.
What if there are 10 different systems that don't talk to each other?
Would I need EquiCard on some routes and SafCard on others?


One provider for all matatus is monopolistic and anti-competitive. Payment should be left to market forces.


I am wondering if they need to create a system at all. They can pass the law and say use mpesa or other mobile forms of payment already in place. Matatu owners have paybill or phone number for every matatu. Already digital payment are all over the country.


You are against creating employment opportunities
VituVingiSana
#336 Posted : Thursday, June 04, 2020 8:03:25 PM
Rank: Chief


Joined: 1/3/2007
Posts: 17,015
Location: Nairobi
sparkly wrote:
VituVingiSana wrote:
sparkly wrote:
aemathenge wrote:
NTSA Seeks Ban On Use Of Cash For Matatu Fares

WEDNESDAY, JUNE 3, 2020 9:00

Use of cash in public transport services is likely to be banned once the government approves a digital fare collection system that will also have the technical capability to contact trace passengers in the fight against the novel coronavirus disease.

The National Transport and Safety Authority (NTSA) has advertised for bids inviting tech companies to install mobile software and web applications for the nearly 2 00,000 matatus in the country.

Once the system is in place, all passengers could be required to pay their fares via mobile money platforms, giving the government access to their identities and personal contact information that is needed to combat the Covid-19 pandemic, which has disrupted lives worldwide.

NTSA Director-General George Njao said through a tender notice the authority plans to introduce the mandatory use of cashless payments for all Public Service Vehicles (PSVs)”.

“The cashless system will also provide a platform for development of an effective contact tracing application to support the government effort in addressing the coronavirus pandemic.”

Contact tracing, a disease control method that traditionally relies on patients’ memories of their movements, identifies people they might have infected so they too can be isolated either for monitoring or treatment.

Firms are expected to submit their bids before June 16, an indication of the State agency’s plan to roll out the cashless payment platform.

That means companies have two weeks to submit their bids.

Source: The Business Daily Newspaper: https://www.businessdail...9816-ftl5d0z/index.html


NTSA shouldn't invest in a cashless system. They should simply pass a law banning cash fares and require matatu saccos to procure and install cashless fare systems. Impose fines for operators and passengers found flouting.
What if there are 10 different systems that don't talk to each other?
Would I need EquiCard on some routes and SafCard on others?


One provider for all matatus is monopolistic and anti-competitive. Payment should be left to market forces.
I like competition too. What I am asking is will one need EquiCard for some routes, SafCard for others, etc?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Mike Ock
#337 Posted : Friday, June 05, 2020 2:17:09 AM
Rank: Member


Joined: 1/22/2015
Posts: 661
What's with trying to reinvent the wheel? The market has already taken to the till number system, just give all matatus a till number. Then advertise the fact that with cashless payments, you won't have to hold your breath for change from crafty makangas
murchr
#338 Posted : Friday, June 05, 2020 2:28:00 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,528
Mike Ock wrote:
What's with trying to reinvent the wheel? The market has already taken to the till number system, just give all matatus a till number. Then advertise the fact that with cashless payments, you won't have to hold your breath for change from crafty makangas



In the technology world, the wheel gets reinvented over and over. The question should be, will the new wheel render the current one irrelevant?
"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
.
Monk
#339 Posted : Friday, June 05, 2020 7:53:45 AM
Rank: Member


Joined: 7/1/2009
Posts: 163
Mike Ock wrote:
What's with trying to reinvent the wheel? The market has already taken to the till number system, just give all matatus a till number. Then advertise the fact that with cashless payments, you won't have to hold your breath for change from crafty makangas


Safaricom guys would love this...getting handed a whole industry, with no competitor to keep them from getting greedy.
VituVingiSana
#340 Posted : Friday, June 05, 2020 8:00:32 AM
Rank: Chief


Joined: 1/3/2007
Posts: 17,015
Location: Nairobi
Monk wrote:
Mike Ock wrote:
What's with trying to reinvent the wheel? The market has already taken to the till number system, just give all matatus a till number. Then advertise the fact that with cashless payments, you won't have to hold your breath for change from crafty makangas


Safaricom guys would love this...getting handed a whole industry, with no competitor to keep them from getting greedy.
True. We need a neutral system that can accept money from any payer.

Perhaps a "national clearing house" that is publicly owned so we can also benefit. Payment via debit cards, mobile phone apps, credit cards, prepaid (debit) cards, etc.

BUT it is not as simple as that given the small amounts required. Check this out. https://tech.economictim...small-purchases/64551380
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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