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Future of Safaricom - break up due to dominance!
Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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If the presidential task force on parastatal reforms recommendations was never implemented I don't see this thing being implemented. It will just gather dust. Secondly the government can't kill the goose that lays it's golden egg. Safaricom pays alot in terms of taxes and dividends to GoK Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Ericsson wrote:If the presidential task force on parastatal reforms recommendations was never implemented I don't see this thing being implemented.
It will just gather dust.
Secondly the government can't kill the goose that lays it's golden egg.
Safaricom pays alot in terms of taxes and dividends to GoK Mpesa as a separate entity will be making government money in terms of taxes among other revenues...The government shall go ahead and implement the report.Unless the big fish in public offices hold significant stake in Safaricom they would like to protect from rapid downswing. But who cares if banks were shafted by rate cap by PORK? John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 2/26/2012 Posts: 15,979
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Spikes wrote:Ericsson wrote:If the presidential task force on parastatal reforms recommendations was never implemented I don't see this thing being implemented.
It will just gather dust.
Secondly the government can't kill the goose that lays it's golden egg.
Safaricom pays alot in terms of taxes and dividends to GoK Mpesa as a separate entity will be making government money in terms of taxes among other revenues...The government shall go ahead and implement the report.Unless the big fish in public offices hold significant stake in Safaricom they would like to protect from rapid downswing. But who cares if banks were shafted by rate cap by PORK? You better stop dreaming and get busy buying at these dips. MPESA is going no where that report will be trashed by CCK "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
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Rank: Veteran Joined: 8/10/2014 Posts: 955 Location: Kenya
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Spikes wrote:Ericsson wrote:If the presidential task force on parastatal reforms recommendations was never implemented I don't see this thing being implemented.
It will just gather dust.
Secondly the government can't kill the goose that lays it's golden egg.
Safaricom pays alot in terms of taxes and dividends to GoK Mpesa as a separate entity will be making government money in terms of taxes among other revenues...The government shall go ahead and implement the report.Unless the big fish in public offices hold significant stake in Safaricom they would like to protect from rapid downswing. But who cares if banks were shafted by rate cap by PORK? This will be the govt shooting itself on the foot. They own 30% of safaricom and now they are told to kill a huge chunk of their revenues from dividends and taxes. Then give it to Airtel to ship it off to India. A few years later the same govt will be going to India to borrow the same money. We finally have a company big enough to boost our status internationally but now we just want to cut its legs and let another big company's subsidiary run the market. No big company will ever want to set Kenya as their headquarters. This is how we lose money and talent.
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Rank: Elder Joined: 8/16/2011 Posts: 2,260
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Mucheru said NO!!! and he said it so loud that the President heard him.
You do not go round destroying investments after they have built themselves up. One day Kencell was better than Safaricom and the former kept pestering the later, but Michael worked hard to counter the attack with improvements.
Big firms as Walmart,Samsung, Apple,GE,Nokia etc did their best till they came to compete with other upcoming businesses without being capped.
Diversification is always the way to go as far as you register for license.
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Rank: Elder Joined: 9/19/2015 Posts: 2,871 Location: hapo
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interesting Breaking down of monopolies is inevitable. You can postpone it, but its going to happen. That's capitalism. If Safcom is not employing monopolistic tendencies, you should not fret. But if 90% of mobile transfers are in Mpesa, the question is not if, but when it shall happen. Thieves are not good people. Tumeelewana?
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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KENGEN should also be declared dominant kenya power should be declared dominant the problem with Airtel is the indians are here to repatriate money not grow thr local economy Orange the French were doing the same Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 11/13/2015 Posts: 1,569
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watesh wrote:Spikes wrote:Ericsson wrote:If the presidential task force on parastatal reforms recommendations was never implemented I don't see this thing being implemented.
It will just gather dust.
Secondly the government can't kill the goose that lays it's golden egg.
Safaricom pays alot in terms of taxes and dividends to GoK Mpesa as a separate entity will be making government money in terms of taxes among other revenues...The government shall go ahead and implement the report.Unless the big fish in public offices hold significant stake in Safaricom they would like to protect from rapid downswing. But who cares if banks were shafted by rate cap by PORK? This will be the govt shooting itself on the foot. They own 30% of safaricom and now they are told to kill a huge chunk of their revenues from dividends and taxes. Then give it to Airtel to ship it off to India. A few years later the same govt will be going to India to borrow the same money. We finally have a company big enough to boost our status internationally but now we just want to cut its legs and let another big company's subsidiary run the market. No big company will ever want to set Kenya as their headquarters. This is how we lose money and talent. Yeah we the banking sector shareholders thought the govt was shooting itself on the foot. We waited till the last minute till we were told "penduka" and just like that we got shafted. We still sore bro. Still sore!! 
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Rank: Veteran Joined: 8/10/2014 Posts: 955 Location: Kenya
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wukan wrote:watesh wrote:Spikes wrote:Ericsson wrote:If the presidential task force on parastatal reforms recommendations was never implemented I don't see this thing being implemented.
It will just gather dust.
Secondly the government can't kill the goose that lays it's golden egg.
Safaricom pays alot in terms of taxes and dividends to GoK Mpesa as a separate entity will be making government money in terms of taxes among other revenues...The government shall go ahead and implement the report.Unless the big fish in public offices hold significant stake in Safaricom they would like to protect from rapid downswing. But who cares if banks were shafted by rate cap by PORK? This will be the govt shooting itself on the foot. They own 30% of safaricom and now they are told to kill a huge chunk of their revenues from dividends and taxes. Then give it to Airtel to ship it off to India. A few years later the same govt will be going to India to borrow the same money. We finally have a company big enough to boost our status internationally but now we just want to cut its legs and let another big company's subsidiary run the market. No big company will ever want to set Kenya as their headquarters. This is how we lose money and talent. Yeah we the banking sector shareholders thought the govt was shooting itself on the foot. We waited till the last minute till we were told "penduka" and just like that we got shafted. We still sore bro. Still sore!! This is what happens when you have leaders that are so narrow minded. All they want is to boost their egos. The interest rates act was a pure political move. I just see these guys just f***ing things up in all sectors, getting themselves huge retirement packages then leave govt to enjoy their wealth.
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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Safaricom have a vision to be as big as AT&T in terms of size and product offering. They also want to be among top Africa's biggest companies. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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Safaricom should go big on Fiber to the home as a way of diversification from MPESA. All the noise around it currently won't end well and they may be forced to scale down on it. Stick to telecommunication and stay away from financial services Capture this; http://www.businessdaily...35908-tllk1oz/index.htmlWealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 2/26/2012 Posts: 15,979
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Ericsson wrote: Safaricom should go big on Fiber to the home as a way of diversification from MPESA. All the noise around it currently won't end well and they may be forced to scale down on it. Stick to telecommunication and stay away from financial services Capture this; http://www.businessdaily...5908-tllk1oz/index.html MPESA is no different from Moneygram and Western Union. "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
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Rank: Veteran Joined: 8/10/2014 Posts: 955 Location: Kenya
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[quote=Ericsson]Safaricom should go big on Fiber to the home as a way of diversification from MPESA. All the noise around it currently won't end well and they may be forced to scale down on it. Stick to telecommunication and stay away from financial services Capture this; http://www.businessdaily...5908-tllk1oz/index.html[/quote] YES YES YES......yet they kept insisting there is no market since 2010. Now they have so much competition from the likes of Surf Kenya, Zuku and others. Another thing they should offer TV with that fiber product, even if its the basic channels. Its the only way they can snatch a large chunk of Zuku customers. Mpesa will face slow growth in usage esp with the charges now showing after each transaction and soon before. Plus some MP wanting the product to be killed in Safaricom and taken to Airtel
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Rank: Elder Joined: 2/26/2012 Posts: 15,979
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watesh wrote: Ericsson wrote: Safaricom should go big on Fiber to the home as a way of diversification from MPESA. All the noise around it currently won't end well and they may be forced to scale down on it. Stick to telecommunication and stay away from financial services Capture this; http://www.businessdaily...5908-tllk1oz/index.html YES YES YES......yet they kept insisting there is no market since 2010. Now they have so much competition from the likes of Surf Kenya, Zuku and others. Another thing they should offer TV with that fiber product, even if its the basic channels. Its the only way they can snatch a large chunk of Zuku customers. Mpesa will face slow growth in usage esp with the charges now showing after each transaction and soon before. Plus some MP wanting the product to be killed in Safaricom and taken to Airtel  "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
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Rank: Elder Joined: 12/7/2012 Posts: 11,901
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watesh wrote:[quote=Ericsson]Safaricom should go big on Fiber to the home as a way of diversification from MPESA. All the noise around it currently won't end well and they may be forced to scale down on it. Stick to telecommunication and stay away from financial services Capture this; http://www.businessdaily...5908-tllk1oz/index.html[/quote] YES YES YES......yet they kept insisting there is no market since 2010. Now they have so much competition from the likes of Surf Kenya, Zuku and others. Another thing they should offer TV with that fiber product, even if its the basic channels. Its the only way they can snatch a large chunk of Zuku customers. Mpesa will face slow growth in usage esp with the charges now showing after each transaction and soon before. Plus some MP wanting the product to be killed in Safaricom and taken to Airtel You wish. If you are in kenya, carry out a very simple survey of people you know and how often they use mpesa and those other services. Mpesa is better than banks in service delivery but with higher charges. But nationally, still the preferred choice by the masses. 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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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Angelica _ann wrote:watesh wrote:[quote=Ericsson]Safaricom should go big on Fiber to the home as a way of diversification from MPESA. All the noise around it currently won't end well and they may be forced to scale down on it. Stick to telecommunication and stay away from financial services Capture this; http://www.businessdaily...5908-tllk1oz/index.html[/quote] YES YES YES......yet they kept insisting there is no market since 2010. Now they have so much competition from the likes of Surf Kenya, Zuku and others. Another thing they should offer TV with that fiber product, even if its the basic channels. Its the only way they can snatch a large chunk of Zuku customers. Mpesa will face slow growth in usage esp with the charges now showing after each transaction and soon before. Plus some MP wanting the product to be killed in Safaricom and taken to Airtel You wish. If you are in kenya, carry out a very simple survey of people you know and how often they use mpesa and those other services. Mpesa is better than banks in service delivery but with higher charges. But nationally, still the preferred choice by the masses. Just like Mumias sugar Mpesa is super brand. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Spikes wrote:Angelica _ann wrote:watesh wrote:[quote=Ericsson]Safaricom should go big on Fiber to the home as a way of diversification from MPESA. All the noise around it currently won't end well and they may be forced to scale down on it. Stick to telecommunication and stay away from financial services Capture this; http://www.businessdaily...5908-tllk1oz/index.html[/quote] YES YES YES......yet they kept insisting there is no market since 2010. Now they have so much competition from the likes of Surf Kenya, Zuku and others. Another thing they should offer TV with that fiber product, even if its the basic channels. Its the only way they can snatch a large chunk of Zuku customers. Mpesa will face slow growth in usage esp with the charges now showing after each transaction and soon before. Plus some MP wanting the product to be killed in Safaricom and taken to Airtel You wish. If you are in kenya, carry out a very simple survey of people you know and how often they use mpesa and those other services. Mpesa is better than banks in service delivery but with higher charges. But nationally, still the preferred choice by the masses. Just like Mumias sugar Mpesa is super brand. Hii mambo ya vulnerability to money laundry http://www.businessdaily...35908-tllk1oz/index.html
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Headed straight to KES 14
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Headed straight to KES 14 Most folks here are accustomed to think Safaricom is immune to a great crash. Meltdown continues! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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This one will surely touch 15..Hope to have liquidated my positions by then
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Future of Safaricom - break up due to dominance!
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