Angelica _ann wrote:watesh wrote:The power of m-shwari....this bank isn't feeling any pinch. If only KCB could utilize this platform well
How come Equitel has not penetrated this market the way it did with loans to Wanjuku??????
....there is more to be read from the tea leaves
Here goes:
Rumor has it the principals have high stakes in CBA. So if CBA is coming out unscathed by the interest cap regime (from this Mshwari thing) while the other banks are nursing bruises then interest caps are going nowhere for now..hata hao Bankster CEOs dance with their underwear on their heads or lick shoes clean ....
Equity and Equitel running into rough seas (either by omission or commission -Safaricom will remain unfazed by the loud noises made by Airtel or these toothless, windbag commissioners like Wangusi) is an advantageous thing as it takes some wind out of the sails of James Mwangi....some uncomfortable rumors about an interest in the top seat had started swirling around.
In all seriousness though, Equitel should take over Airtel Ke, root and branch, application layer all the way to the metal ...and introduce true Kenyan badassness in Telecomms...reducing the hegemony and making the sector robust again. There is money still to be made in this sector.