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Safaricom HY 2018
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Ericsson
#21 Posted : Sunday, November 05, 2017 4:46:33 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Safaricom hinted it could buy an existing company in another country on the continent or setup afresh where it can export its success in M-PESA
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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obiero
#22 Posted : Monday, November 06, 2017 7:17:45 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
Ericsson wrote:
Safaricom hinted it could buy an existing company in another country on the continent or setup afresh where it can export its success in M-PESA

Mpesa is not truly exportable. Just a peculiar Kenyan habit. It has already failed in UG, RW, TZ, ZA.. Even India rejected such a product. And it's with good reason for most of the hesitant central banks..

KQ ABP 4.26
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  | | Edit by user: Monday, November 06, 2017 7:19 AM | Reason: Not specified
Ericsson
#23 Posted : Monday, November 06, 2017 8:24:50 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
obiero wrote:
Ericsson wrote:
Safaricom hinted it could buy an existing company in another country on the continent or setup afresh where it can export its success in M-PESA

Mpesa is not truly exportable. Just a peculiar Kenyan habit. It has already failed in UG, RW, TZ, ZA.. Even India rejected such a product. And it's with good reason for most of the hesitant central banks..

True captain
They are better off doing voice and data in an acquisition
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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watesh
#24 Posted : Monday, November 06, 2017 9:57:22 AM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
obiero wrote:
Ericsson wrote:
Safaricom hinted it could buy an existing company in another country on the continent or setup afresh where it can export its success in M-PESA

Mpesa is not truly exportable. Just a peculiar Kenyan habit. It has already failed in UG, RW, TZ, ZA.. Even India rejected such a product. And it's with good reason for most of the hesitant central banks..

I beg to differ here. Mobile money is doing great in TZ and UG. I think it only works well if introduced in a country without a better alternative. So Ethiopia may be a smash hit
LINKS:
http://www.monitor.co.ug...6590-101bimu/index.html

http://allafrica.com/stories/201704170135.html

http://www.herald.co.zw/...money-grows-in-tanzania/
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  | | Edit by user: Monday, November 06, 2017 9:59 AM | Reason: Not specified
innairobi
#25 Posted : Tuesday, November 07, 2017 6:22:14 AM
Rank: Member

Joined: 9/2/2010
Posts: 845
mobile money has succeeded in several other countries. elsewhere, it usually fails due to one of three reasons. either 1.there's already a well established financial services ecosystem 2.banking industry and regulator is hostile to it 3.huge percentage of the population already have conventional bank accounts
All my friends are heathens, take it slow. Wait for them to ask you who you know. Please don't make any sudden moves.
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Ericsson
#26 Posted : Tuesday, November 07, 2017 7:04:07 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Telkom kenya will give safaricom stiff competition and wipe out airtel from kenya
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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obiero
#27 Posted : Tuesday, November 07, 2017 7:05:36 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
watesh wrote:
obiero wrote:
[quote=Ericsson]Safaricom hinted it could buy an existing company in another country on the continent or setup afresh where it can export its success in M-PESA

Mpesa is not truly exportable. Just a peculiar Kenyan habit. It has already failed in UG, RW, TZ, ZA.. Even India rejected such a product. And it's with good reason for most of the hesitant central banks..

I beg to differ here. Mobile money is doing great in TZ and UG. I think it only works well if introduced in a country without a better alternative. So Ethiopia may be a smash hit
LINKS:
http://www.monitor.co.ug...6590-101bimu/index.html

http://allafrica.com/stories/201704170135.html

http://www.herald.co.zw/...oney-grows-in-tanzania/[/quote]
By failure I was comparing to Safaricom’s mpesa

KQ ABP 4.26
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Angelica _ann
#28 Posted : Tuesday, November 07, 2017 9:46:00 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Gossip in some shoddy Guyana Tv .... Bob Collymore tenders his resignation to Safaricom while on sick leave!!!!!

Link, too crazy to be put here smile smile smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Ericsson
#29 Posted : Tuesday, November 07, 2017 12:03:08 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Counter down 75 cents today
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Pure millioneare(PM)
#30 Posted : Tuesday, November 07, 2017 12:42:55 PM
Rank: Member

Joined: 11/1/2008
Posts: 38
Will this economic sabotage dent significantly the share price?
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