Those who seem fixated on "core business" manenos need to study a few businesses around the world.

General Electric is one such example.

Read about General Electric here



This obsession with "core business" is totally misplaced. Words like Conglomerate and Subsidiary were coined for a good reason!

Of course if not well managed, it could sound a death bell and if well managed it could be one hell of a success story. But so is everything else!!! Including exercise and drinking water!!! Every health worker will tell you to exercise and drink plenty of water, but any of these two can actually kill you! Same in business.

Tafakari haya

So who stands to loose most should Equity's plans succeed ? While M-pesa might receive a hit, its the revolutionary product, M-shwari, that could be hardest hit. Why, because the bulk m-shwari customers, the small savers and borrowers, are traditionally equity customers.

CBA has experienced a level of success in retail banking they could only dream about 2 years ago. Can they let go without a fight?

And this is where it can get dicey for Equity. Its outright suicidal to challenge CBA at this point in time.

Hon.Jamleck is a muranga county homeboy with the Equity top honchos. Why then is he coming out so passionately against his people ?

Sorry, but I just couldn't ignore the political angle.

Have you posted the charts yet?...cant see it on the elliots wave thread.

@hisah....Will you be kind enough to post a similar analysis for CIC?

Equity has brought banking to their customers through their phones and banking will be affordable, convinient and accessible courtesy of Equity and Equitel.Money transfer will become affordable. We will have gained freedom to manage our money at the comfort of our phones and on top of that we use the line to make calls etc.

Equitell is 70% mobile money. That explains Safaricoms reaction. Like I said earlier, safaricom will not get KO-ed but they will certainely take a knock!

cak licensing director on kbctv.
candid discussion.

Denmark China Taiwan and USA uses these. thin sim,.what is there for a failed state to fear using them.
our mpigs and politicians are just too thick.

why are we wasting our taxes on cak cbk if we cant trust the work they are doing?

Mpigs are not pro-Saf or pro-anything specific for that matter. They are pro-the guy with a fat cheque book. It's that simple. That is why I refer to them as mercenaries for hire.

Even if you were to come with a fool-proof plan to create thousands of jobs for Kenyans and absolutely no disadvantages/down side to your plan, this goons will try their best to squeeze as much money from you as possible if your plan needs their approval. They are like the mafia. Only that the mafia has brains. What we have to deal with is a bunch of brainless mafia-like village idiots!!! It pisses me off to the core!!!

I don't know what we will ever do to rid these lovely country of ours of this clowns!!!

Safaricom themselves were unable to prove to CA or the parliament committee that there are any material risks to their clients. After Wangusi said Equity can proceed since CA is an independent authority, Jamleck Kamau & Co. are now saying the will hold CA responsible "if anything goes wrong" with the thin SIM. How many fraudulent things go wrong with Mpesa DAILY yet safcom have never been sanctioned. This is a commercial fight between two commercial entities, both with willing clients who are not bound to stay with either party and hence parliament should stay away. You can never stop technology who's time has come.

Er...Safaricom actually had no problem with the one-year trial. It had agreed to it.(It was, like @Sasha said, a sort of win for them round 1, buys them time). Weird for Jamleck and his team to meddle with this thing at this moment (or is it looking for more allowances for committees?) It's all a matter of liability. Two service providers, two different, though similar, products. If there's a breach, who will be liable? Why do you think the CAK indemnified itself and asked Finserve to agree in writing to be liable if there was an issue?

Secondly, you being conned by a fraudster doesn't make Mpesa bank liable. Infact, most improvements have come as a result of that to ensure you don't fall into that trap. Sim cards that can read contacts, confirmations, etc. I stand corrected but has there been a case of a third party breaching the mpesa system? We may have a problem with Safcom, but many assumptions on this thread show some naivety in the issues.

By all means, let the thin sim come, but like all other new technologies, let it be done in phases. A trial is good also for Equity, ensuring they cover all their bases.

The politicians have already introduced themselves... He he he!