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Safaricom FY2018
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Ericsson
#171 Posted : Thursday, September 20, 2018 9:38:36 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Safaricom needs to go back to the drawing board.
Mpesa growth will be slowed down by the tax increase.
They have been resisting calls to lower their data bundles charges.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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watesh
#172 Posted : Thursday, September 20, 2018 9:55:55 PM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
Ericsson wrote:
Safaricom needs to go back to the drawing board.
Mpesa growth will be slowed down by the tax increase.
They have been resisting calls to lower their data bundles charges.

With the upcoming 15% taxes on internet services, their holding back on lower data bundles gives them a stronger position to incorporate that cost while lower bundle prices.
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obiero
#173 Posted : Thursday, September 20, 2018 11:28:45 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
watesh wrote:
Ericsson wrote:
Safaricom needs to go back to the drawing board.
Mpesa growth will be slowed down by the tax increase.
They have been resisting calls to lower their data bundles charges.

With the upcoming 15% taxes on internet services, their holding back on lower data bundles gives them a stronger position to incorporate that cost while lower bundle prices.

@ericsson is right.. the higher tax costs will definitely hit revenues due to reduced usage unless the service price is brought down

KQ ABP 4.26
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xxxxx
#174 Posted : Friday, September 21, 2018 10:39:22 AM
Rank: Member

Joined: 3/20/2008
Posts: 503
obiero wrote:
watesh wrote:
Ericsson wrote:
Safaricom needs to go back to the drawing board.
Mpesa growth will be slowed down by the tax increase.
They have been resisting calls to lower their data bundles charges.

With the upcoming 15% taxes on internet services, their holding back on lower data bundles gives them a stronger position to incorporate that cost while lower bundle prices.

@ericsson is right.. the higher tax costs will definitely hit revenues due to reduced usage unless the service price is brought down


Won't the effects hit the competition's revenues as well? ..if not harder?
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VituVingiSana
#175 Posted : Friday, September 21, 2018 10:43:58 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
xxxxx wrote:
obiero wrote:
watesh wrote:
Ericsson wrote:
Safaricom needs to go back to the drawing board.
Mpesa growth will be slowed down by the tax increase.
They have been resisting calls to lower their data bundles charges.

With the upcoming 15% taxes on internet services, their holding back on lower data bundles gives them a stronger position to incorporate that cost while lower bundle prices.

@ericsson is right.. the higher tax costs will definitely hit revenues due to reduced usage unless the service price is brought down


Won't the effects hit the competition's revenues as well? ..if not harder?
All (including us) will be affected.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ericsson
#176 Posted : Friday, September 21, 2018 10:45:21 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
xxxxx wrote:
obiero wrote:
watesh wrote:
Ericsson wrote:
Safaricom needs to go back to the drawing board.
Mpesa growth will be slowed down by the tax increase.
They have been resisting calls to lower their data bundles charges.

With the upcoming 15% taxes on internet services, their holding back on lower data bundles gives them a stronger position to incorporate that cost while lower bundle prices.

@ericsson is right.. the higher tax costs will definitely hit revenues due to reduced usage unless the service price is brought down


Won't the effects hit the competition's revenues as well? ..if not harder?

Their mobile money business is insignificant
Overally we'll suffer apart from mpigs
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  | | Edit by user: Friday, September 21, 2018 10:52 AM | Reason: Not specified
obiero
#177 Posted : Friday, September 21, 2018 11:59:50 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
Ericsson wrote:
xxxxx wrote:
obiero wrote:
watesh wrote:
Ericsson wrote:
Safaricom needs to go back to the drawing board.
Mpesa growth will be slowed down by the tax increase.
They have been resisting calls to lower their data bundles charges.

With the upcoming 15% taxes on internet services, their holding back on lower data bundles gives them a stronger position to incorporate that cost while lower bundle prices.

@ericsson is right.. the higher tax costs will definitely hit revenues due to reduced usage unless the service price is brought down


Won't the effects hit the competition's revenues as well? ..if not harder?

Their mobile money business is insignificant
Overally we'll suffer apart from mpigs

Mobile money is very significant for Safaricom as it is a value chain driving the data purchase decision as well as voice airtime buys.. Banks creeping into the space leaves it wide open for dual sim holders as they simply select via direct transfer from bank account to preferred mobile wallet for data/airtime

KQ ABP 4.26
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Ericsson
#178 Posted : Friday, September 21, 2018 3:37:39 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
20 bob yaja
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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obiero
#179 Posted : Friday, September 21, 2018 3:41:31 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
Ericsson wrote:
20 bob yaja

Highly improbable..

KQ ABP 4.26
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Ericsson
#180 Posted : Thursday, September 27, 2018 1:22:25 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://citizentv.co.ke/...cks-appointment-213307/

Safaricom has reappointed Sylvia Mulinge as a director in charge of Special Projects.

Ms. Mulinge had exited the company to take up new assignment as Chief Executive Officer of Vodacom Tanzania. Her appointment in Dar es Salaam scheduled to take effect on June 1st 2018.

However this became a cropper after the neighbouring country’s authorities delayed in issuing her with a work permit.

In an email to staff seen by Citizen Digital, CEO Bob Collymore said Mulinge’s appointment will take effect from 1st October 2018.

“In this role, she will report directly to me and will be responsible or spearheading our commercial revival and help us deliver our strategy,’’ reads a section of the communication to staff.

Ms. Mulinge will also be required in the short term to work with commercial teams to “restore customer trust and loyalty.”
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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