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Safaricom 2019/2020
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Ericsson
#561 Posted : Tuesday, February 16, 2021 8:40:04 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
murchr wrote:
VituVingiSana wrote:
Angelica _ann wrote:
The company has been experiencing negative social media comments mainly customer dissatisfaction both from products and customer service. Also negative sentiments on the "new" CEO and lack of any clear innovative product since Bob left.

Kshs. 16 bob coming soon.
If Saf cannot maintain profitability, he is out BUT I do have a question.

Is he related to any of the political leadership?
Any connection with the Ndegwas of ICEA/First Securities?




No relations at all. This Ndegwa is a son of a farmer in Ol kalau.

Social media comments are not new for Safaricom.

Ndegwa will deliver. Too much money to be made from leveraging on what is already existing


And the Ol Kalou farmer is related to who
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Fyatu
#562 Posted : Tuesday, February 16, 2021 9:02:29 AM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
Ericsson wrote:




And the Ol Kalou farmer is related to who


What can you not understand from Murchr statement above? CEO Ndegwa is not dynasty. Yeye kama mimi ni son of a peasant who has worked hard all his life to be where he is today...hapo C-Suite. Not all Kenyans are related to someone noteworthy....labda his grandfather is an unsung MauMau veteran who went back to peasantry immediately after he left Manyani maximum prison in 1962 after serving 9 years jailterm without trial...
Dumb money becomes dumb only when it listens to smart money
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iris
#563 Posted : Tuesday, February 16, 2021 11:53:09 AM
Rank: Member

Joined: 9/11/2014
Posts: 228
Location: Nairobi
Fyatu wrote:
Ericsson wrote:




And the Ol Kalou farmer is related to who


What can you not understand from Murchr statement above? CEO Ndegwa is not dynasty. Yeye kama mimi ni son of a peasant who has worked hard all his life to be where he is today...hapo C-Suite. Not all Kenyans are related to someone noteworthy....labda his grandfather is an unsung MauMau veteran who went back to peasantry immediately after he left Manyani maximum prison in 1962 after serving 9 years jailterm without trial...


Or not.
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kawi254
#564 Posted : Tuesday, February 16, 2021 12:41:08 PM
Rank: Member

Joined: 2/20/2015
Posts: 468
Location: Nairobi
Angelica _ann wrote:
The company has been experiencing negative social media comments mainly customer dissatisfaction both from products and customer service. Also negative sentiments on the "new" CEO and lack of any clear innovative product since Bob left.

Kshs. 16 bob coming soon.


When Airtel dropped call charges to 3/= Bob matched the call rates and later raised Safaricom's call rate 4/= saying that the low calling rate of 3/= was not sustainable. People made a lot of noise but continued calling on Safaricom higher 4/= per minute....
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sqft
#565 Posted : Tuesday, February 16, 2021 1:40:39 PM
Rank: Veteran

Joined: 1/10/2015
Posts: 961
Location: Kenya
The company is heading in the WRONG direction. They should have maintained the momentum and be at the leading edge of technology.


Quote:
Safaricom has put on ice plans to launch Kenya’s first fifth-generation (5G) mobile internet services in a retreat that will see the telco focus on growing 4G network in the race to boost data use.

Peter Ndegwa, the Safaricom CEO, says there is no plan to launch the 5G network in the short-term, adding that the telco’s immediate plan is to convert millions of 2G and 3G users to 4G.

The firm had completed testing and trial for the 5G superfast internet service and planned to switch major urban centres to the service before end of this month.
Proverbs 13:11 Dishonest money dwindles away, but whoever gathers money little by little makes it grow.
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Ericsson
#566 Posted : Tuesday, February 16, 2021 1:54:17 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Fyatu wrote:
Ericsson wrote:




And the Ol Kalou farmer is related to who


What can you not understand from Murchr statement above? CEO Ndegwa is not dynasty. Yeye kama mimi ni son of a peasant who has worked hard all his life to be where he is today...hapo C-Suite. Not all Kenyans are related to someone noteworthy....labda his grandfather is an unsung MauMau veteran who went back to peasantry immediately after he left Manyani maximum prison in 1962 after serving 9 years jailterm without trial...


Time will tell
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Fyatu
#567 Posted : Tuesday, February 16, 2021 4:13:31 PM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
Ericsson wrote:
Fyatu wrote:
Ericsson wrote:




And the Ol Kalou farmer is related to who


What can you not understand from Murchr statement above? CEO Ndegwa is not dynasty. Yeye kama mimi ni son of a peasant who has worked hard all his life to be where he is today...hapo C-Suite. Not all Kenyans are related to someone noteworthy....labda his grandfather is an unsung MauMau veteran who went back to peasantry immediately after he left Manyani maximum prison in 1962 after serving 9 years jailterm without trial...


Time will tell


Sawa wacha tungojee..I pray for Ndegwa to succeed
Dumb money becomes dumb only when it listens to smart money
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littledove
#568 Posted : Friday, February 19, 2021 8:36:55 AM
Rank: Veteran

Joined: 7/1/2014
Posts: 927
Location: sky

the reason why safaricom paid interim dividend



https://www.businessdailyafrica.com/bd/economy/state-raids-cash-rich-parastatals-money-3296618
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Monk
#569 Posted : Friday, February 19, 2021 5:10:50 PM
Rank: Member

Joined: 7/1/2009
Posts: 272

KWS, BRS, NHIF, NTSA, Kenya Forest Services (KFS) and the latest Kenya Ferry Services (KFS)....

More and more government services available only to Safaricom customers. It seems Safaricom is Government and Government is Safaricom; free market be damned. What's next, fine or jail for anyone without a Safaricom line?

https://nation.africa/ke...-raises-uproar--3296616

Disclosure: I own Safaricom shares, but feel shaking down poor people for profit is immoral. They ought to have choice in a free market.
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babashuge
#570 Posted : Saturday, February 20, 2021 6:45:06 AM
Rank: New-farer

Joined: 1/4/2019
Posts: 69
Location: Nairobi
Monk wrote:

KWS, BRS, NHIF, NTSA, Kenya Forest Services (KFS) and the latest Kenya Ferry Services (KFS)....

More and more government services available only to Safaricom customers. It seems Safaricom is Government and Government is Safaricom; free market be damned. What's next, fine or jail for anyone without a Safaricom line?

https://nation.africa/ke...-raises-uproar--3296616

Disclosure: I own Safaricom shares, but feel shaking down poor people for profit is immoral. They ought to have choice in a free market.



I think choice of payment options is the fault of the owner of the service(Govt & Institutions).... not the fault of someone that has a payment solution that luckily works in most scenarios
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