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Safaricom 2019/2020
kmucheke
#441 Posted : Thursday, November 05, 2020 9:21:55 AM
Rank: Member

Joined: 3/16/2019
Posts: 313
Ericsson wrote:
https://www.standardmedia.co.ke/financial-standard/article/2001392439/im-my-own-man-says-safaricom-boss



Quote:

Ndegwa wants to propel Safaricom beyond its core business of connectivity to a broader technology company crucial to sectors such as agriculture, health and education.

“We want to go into what we are calling new digital echo systems and empower farmers, policyholders in health and students,” he said. The firm is also set to employ advanced analytics and machine learning to “anticipate customer needs and target what they want”.



This is a very good strategy.
rwitre
#442 Posted : Thursday, November 05, 2020 8:31:36 PM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
Hello MPESA bank

WhatsApp gets approval to launch payments feature in India

Quote:
CHENNAI (Reuters) - WhatsApp has received approval to roll out its payments service in India starting with 20 million users, the country’s flagship payments processor said on Thursday, giving the Facebook-owned app an entry into a crowded digital payments space.


“WhatsApp can expand its Unified Payments Interface (UPI) user base in a graded manner starting with a maximum registered user base of 20 million,” the National Payments Corporation of India (NPCI) said in a statement.
murchr
#443 Posted : Thursday, November 05, 2020 10:01:15 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Ericsson wrote:
murchr wrote:
When are they announcing the FY21 results?


You shall know in February or March 2021,most likely first or second week of May


HY21?
"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
#444 Posted : Friday, November 06, 2020 9:11:32 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
murchr wrote:
Ericsson wrote:
murchr wrote:
When are they announcing the FY21 results?


You shall know in February or March 2021,most likely first or second week of May


HY21?

HY21 is on Monday 9th November 2020
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
kmucheke
#445 Posted : Friday, November 06, 2020 1:28:12 PM
Rank: Member

Joined: 3/16/2019
Posts: 313
rwitre wrote:
Hello MPESA bank

WhatsApp gets approval to launch payments feature in India

Quote:
CHENNAI (Reuters) - WhatsApp has received approval to roll out its payments service in India starting with 20 million users, the country’s flagship payments processor said on Thursday, giving the Facebook-owned app an entry into a crowded digital payments space.


“WhatsApp can expand its Unified Payments Interface (UPI) user base in a graded manner starting with a maximum registered user base of 20 million,” the National Payments Corporation of India (NPCI) said in a statement.


It seem the National Payments Corporation of India (NPCI) is owned by a consortium of major banks in India and is similar to Integrated Payments Service Limited (IPSL) owned by Kenya Bankers Association.

If IPSL and WhatsApp can form a partnership in Kenya then MPesa will have a serious competitor.
murchr
#446 Posted : Friday, November 06, 2020 4:32:00 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Ericsson wrote:
murchr wrote:
Ericsson wrote:
murchr wrote:
When are they announcing the FY21 results?


You shall know in February or March 2021,most likely first or second week of May


HY21?

HY21 is on Monday 9th November 2020



Thanks
"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
#447 Posted : Friday, November 06, 2020 4:54:58 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
kmucheke wrote:
rwitre wrote:
Hello MPESA bank

WhatsApp gets approval to launch payments feature in India

Quote:
CHENNAI (Reuters) - WhatsApp has received approval to roll out its payments service in India starting with 20 million users, the country’s flagship payments processor said on Thursday, giving the Facebook-owned app an entry into a crowded digital payments space.


“WhatsApp can expand its Unified Payments Interface (UPI) user base in a graded manner starting with a maximum registered user base of 20 million,” the National Payments Corporation of India (NPCI) said in a statement.


It seem the National Payments Corporation of India (NPCI) is owned by a consortium of major banks in India and is similar to Integrated Payments Service Limited (IPSL) owned by Kenya Bankers Association.

If IPSL and WhatsApp can form a partnership in Kenya then MPesa will have a serious competitor.


Banks and Mpesa are in a collaboration.
Equity tried to get away from Mpesa through equitel. They were given a serious bashing, even their fellow banks refused to partner with them.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#448 Posted : Friday, November 06, 2020 6:09:58 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,344
Location: Nairobi
Ericsson wrote:
kmucheke wrote:
rwitre wrote:
Hello MPESA bank

WhatsApp gets approval to launch payments feature in India

Quote:
CHENNAI (Reuters) - WhatsApp has received approval to roll out its payments service in India starting with 20 million users, the country’s flagship payments processor said on Thursday, giving the Facebook-owned app an entry into a crowded digital payments space.


“WhatsApp can expand its Unified Payments Interface (UPI) user base in a graded manner starting with a maximum registered user base of 20 million,” the National Payments Corporation of India (NPCI) said in a statement.


It seem the National Payments Corporation of India (NPCI) is owned by a consortium of major banks in India and is similar to Integrated Payments Service Limited (IPSL) owned by Kenya Bankers Association.

If IPSL and WhatsApp can form a partnership in Kenya then MPesa will have a serious competitor.


Banks and Mpesa are in a collaboration.
Equity tried to get away from Mpesa through equitel. They were given a serious bashing, even their fellow banks refused to partner with them.

A mistake. Now MPesa has banks by their balls. Those against Equity were probably KCB and CBA but it's a pity Equity wasn't able to rally the other banks to their side.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
kmucheke
#449 Posted : Friday, November 06, 2020 7:10:07 PM
Rank: Member

Joined: 3/16/2019
Posts: 313
VituVingiSana wrote:
Ericsson wrote:
kmucheke wrote:
rwitre wrote:
Hello MPESA bank

WhatsApp gets approval to launch payments feature in India

Quote:
CHENNAI (Reuters) - WhatsApp has received approval to roll out its payments service in India starting with 20 million users, the country’s flagship payments processor said on Thursday, giving the Facebook-owned app an entry into a crowded digital payments space.


“WhatsApp can expand its Unified Payments Interface (UPI) user base in a graded manner starting with a maximum registered user base of 20 million,” the National Payments Corporation of India (NPCI) said in a statement.


It seem the National Payments Corporation of India (NPCI) is owned by a consortium of major banks in India and is similar to Integrated Payments Service Limited (IPSL) owned by Kenya Bankers Association.

If IPSL and WhatsApp can form a partnership in Kenya then MPesa will have a serious competitor.


Banks and Mpesa are in a collaboration.
Equity tried to get away from Mpesa through equitel. They were given a serious bashing, even their fellow banks refused to partner with them.

A mistake. Now MPesa has banks by their balls. Those against Equity were probably KCB and CBA but it's a pity Equity wasn't able to rally the other banks to their side.


SCOM opposed Equitel when they wanted to use thin SIM card (embedded) technology and also increased the fees when sending money to Equitel. This dented the surging massive adoption.

SCOM has a firm grip on P2P transactions.
Ericsson
#450 Posted : Monday, November 09, 2020 8:34:44 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
HY EBIT declines by 10.5%
Service revenue declined by 4.8% to ksh.118.4bn.

Borrowings grew from sh.8bn to 32bn
Profit before income tax down 12.8% to 44.7bn from 51.3bn in 2019
Profit after tax down 6% to 33.0bn from 35.2bn

They are forecasting/providing guidance of a 10% decline in FY EBIT from kes.101.5bn in FY20 to 91-94bn in FY21
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
75 Pages«<4344454647>»
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