Wazua
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Safaricom HY17
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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quicksand wrote:murchr wrote:Angelica _ann wrote:Ericsson wrote:Safaricom is estimated to have lost sh.2.6bn during yesterday's outage. Lost how? The transaction and call fees you would have made yesterday plus the free sending via MPESA you are doing today = Lost Revenue Incorrect. That is the volume of transactions, not revenue or profit. The money belongs to parties exchanging it, not Safaricom (save the small facilitation fees). If they had lost anything close to that amount it would mean they have yearly revenues of over 600 billion (approximately). That is a 3rd of Kenya's GDP. Implausible. This is Wazua for God's sake, an economy/business minded forum, separation of obvious concepts like this should be self evident surely? Agreed. πππ ... Its like saying a bank loses billions on Sunday coz it was closed. Not true. At most, they lose transactional revenue e.g. A charge/fee for making a deposit, withdrawal or RTGS. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 3/9/2010 Posts: 320 Location: kenya
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VituVingiSana wrote:quicksand wrote:murchr wrote:Angelica _ann wrote:Ericsson wrote:Safaricom is estimated to have lost sh.2.6bn during yesterday's outage. Lost how? The transaction and call fees you would have made yesterday plus the free sending via MPESA you are doing today = Lost Revenue Incorrect. That is the volume of transactions, not revenue or profit. The money belongs to parties exchanging it, not Safaricom (save the small facilitation fees). If they had lost anything close to that amount it would mean they have yearly revenues of over 600 billion (approximately). That is a 3rd of Kenya's GDP. Implausible. This is Wazua for God's sake, an economy/business minded forum, separation of obvious concepts like this should be self evident surely? Agreed. πππ ... Its like saying a bank loses billions on Sunday coz it was closed. Not true. At most, they lose transactional revenue e.g. A charge/fee for making a deposit, withdrawal or RTGS. This counter makes money any time. It sees no holiday or weekends. Every time is money time. Calls/ Mpesa/ Data are in continuous usage. This is the real star Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
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Rank: Member Joined: 5/21/2014 Posts: 184
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They must have lost revenue due to the service outage but the figure of KES 2 bn.... hapo hapana!  There are too many opportunities all around. Open your eyes and maybe you'll spot one
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Rank: Member Joined: 5/21/2014 Posts: 184
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They must have lost revenue due to the service outage but the figure of KES 2 bn.... hapo hapana! There are too many opportunities all around. Open your eyes and maybe you'll spot one
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Rank: Elder Joined: 6/23/2009 Posts: 14,222 Location: nairobi
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cyruskulei wrote:VituVingiSana wrote:quicksand wrote:murchr wrote:Angelica _ann wrote:Ericsson wrote:Safaricom is estimated to have lost sh.2.6bn during yesterday's outage. Lost how? The transaction and call fees you would have made yesterday plus the free sending via MPESA you are doing today = Lost Revenue Incorrect. That is the volume of transactions, not revenue or profit. The money belongs to parties exchanging it, not Safaricom (save the small facilitation fees). If they had lost anything close to that amount it would mean they have yearly revenues of over 600 billion (approximately). That is a 3rd of Kenya's GDP. Implausible. This is Wazua for God's sake, an economy/business minded forum, separation of obvious concepts like this should be self evident surely? Agreed. πππ ... Its like saying a bank loses billions on Sunday coz it was closed. Not true. At most, they lose transactional revenue e.g. A charge/fee for making a deposit, withdrawal or RTGS. This counter makes money any time. It sees no holiday or weekends. Every time is money time. Calls/ Mpesa/ Data are in continuous usage. This is the real star KQ follows a similar trajectory.. Always clocking
KQ ABP 4.26
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:cyruskulei wrote:VituVingiSana wrote:quicksand wrote:murchr wrote:Angelica _ann wrote:Ericsson wrote:Safaricom is estimated to have lost sh.2.6bn during yesterday's outage. Lost how? The transaction and call fees you would have made yesterday plus the free sending via MPESA you are doing today = Lost Revenue Incorrect. That is the volume of transactions, not revenue or profit. The money belongs to parties exchanging it, not Safaricom (save the small facilitation fees). If they had lost anything close to that amount it would mean they have yearly revenues of over 600 billion (approximately). That is a 3rd of Kenya's GDP. Implausible. This is Wazua for God's sake, an economy/business minded forum, separation of obvious concepts like this should be self evident surely? Agreed. πππ ... Its like saying a bank loses billions on Sunday coz it was closed. Not true. At most, they lose transactional revenue e.g. A charge/fee for making a deposit, withdrawal or RTGS. This counter makes money any time. It sees no holiday or weekends. Every time is money time. Calls/ Mpesa/ Data are in continuous usage. This is the real star KQ follows a similar trajectory.. Always clocking If well managed KQ can mint millions of shillings per day defying holidays and weekends just like Safaricom. John 5:17 But Jesus replied, βMy Father is always working, and so am I.β
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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obiero wrote:cyruskulei wrote:VituVingiSana wrote:quicksand wrote:murchr wrote:Angelica _ann wrote:Ericsson wrote:Safaricom is estimated to have lost sh.2.6bn during yesterday's outage. Lost how? The transaction and call fees you would have made yesterday plus the free sending via MPESA you are doing today = Lost Revenue Incorrect. That is the volume of transactions, not revenue or profit. The money belongs to parties exchanging it, not Safaricom (save the small facilitation fees). If they had lost anything close to that amount it would mean they have yearly revenues of over 600 billion (approximately). That is a 3rd of Kenya's GDP. Implausible. This is Wazua for God's sake, an economy/business minded forum, separation of obvious concepts like this should be self evident surely? Agreed. πππ ... Its like saying a bank loses billions on Sunday coz it was closed. Not true. At most, they lose transactional revenue e.g. A charge/fee for making a deposit, withdrawal or RTGS. This counter makes money any time. It sees no holiday or weekends. Every time is money time. Calls/ Mpesa/ Data are in continuous usage. This is the real star KQ follows a similar trajectory.. Always clocking πππ True. Clocking losses on a daily basis. Has KQ Broken even for FY16-17? Even NBK announced a higher profit for FY16. Much smaller FTGH announced a profit for FY16 even with all the one-off expenses. Heck, even my "local" kiosk made more money than KQ! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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watching the share performance as we near results announcement (10th May)..Ksh 20-21 still remains a major resistant point
βThe pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.β
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Rank: Member Joined: 9/14/2011 Posts: 869 Location: nairobi
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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who needs ANYONE when EVERYTHING is smoothrunning and on auto pilot? - Guyanian Proverb #MPesaOutages Pesa Nane plans to be shilingi when he grows up.
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