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Safaricom 2019/2020
Mike Ock
#341 Posted : Friday, June 05, 2020 8:13:51 AM
Rank: Member

Joined: 1/22/2015
Posts: 682
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.


Of course Airtel and Equitel would be welcome to include their own till number type of system in matatus
sparkly
#342 Posted : Friday, June 05, 2020 8:17:40 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
VituVingiSana 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 like competition too. What I am asking is will one need EquiCard for some routes, SafCard for others, etc?


Providers should roll out their systems, the users will decide which system is best.
Life is short. Live passionately.
sparkly
#343 Posted : Friday, June 05, 2020 8:22:59 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
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


GOK registered people for Huduma Cards which are supposed to double up as payment cards. Now is a good time to give people their cards.
Life is short. Live passionately.
murchr
#344 Posted : Friday, June 05, 2020 3:49:52 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
sparkly 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


GOK registered people for Huduma Cards which are supposed to double up as payment cards. Now is a good time to give people their cards.



Huduma cards SHOULD NOT BE payment cards.
"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
.
sparkly
#345 Posted : Friday, June 05, 2020 4:02:56 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
murchr wrote:
sparkly 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


GOK registered people for Huduma Cards which are supposed to double up as payment cards. Now is a good time to give people their cards.



Huduma cards SHOULD NOT BE payment cards.



You missed the memo

http://www.industrializa...o-pay-for-state-services
Life is short. Live passionately.
murchr
#346 Posted : Friday, June 05, 2020 5:15:27 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
sparkly wrote:
murchr wrote:
sparkly 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


GOK registered people for Huduma Cards which are supposed to double up as payment cards. Now is a good time to give people their cards.



Huduma cards SHOULD NOT BE payment cards.



You missed the memo

http://www.industrializa...-pay-for-state-services



Hapa mta pepetwa mshangae. Dead on arrival.

"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
.
Ericsson
#347 Posted : Sunday, June 07, 2020 11:35:48 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
murchr wrote:
sparkly wrote:
murchr wrote:
sparkly 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


GOK registered people for Huduma Cards which are supposed to double up as payment cards. Now is a good time to give people their cards.



Huduma cards SHOULD NOT BE payment cards.



You missed the memo

http://www.industrializa...-pay-for-state-services



Hapa mta pepetwa mshangae. Dead on arrival.


old news
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
babashuge
#348 Posted : Monday, June 08, 2020 12:46:01 PM
Rank: New-farer

Joined: 1/4/2019
Posts: 69
Location: Nairobi
This bull is refusing to be held down by the crises ongoing
Ericsson
#349 Posted : Wednesday, June 10, 2020 7:42:17 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
babashuge wrote:
This bull is refusing to be held down by the crises ongoing


True picture will be known when it goes ex dividend end of next month.
And when half year results will be released in November
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Angelica _ann
#350 Posted : Wednesday, June 10, 2020 8:04:39 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,937
Ericsson wrote:
babashuge wrote:
This bull is refusing to be held down by the crises ongoing


True picture will be known when it goes ex dividend end of next month.
And when half year results will be released in November


Your average Wanjiku was crowded out in Safaricom just like in Bilie Akota Tinende!!!

Though still waiting for the fall Drool
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
75 Pages«<3334353637>»
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