Equitel mobile money is a fantastic service. On quality and usability it beats Mpesa hands down.

The only problem is that Memba's send money to Mpesa at a higher fee since most people havent registered. This makes money for Mpesa.

There are also very few paybill and Lipa na Equitel outlets. If they can reach a good threshold for outlets & paybills, then Mpesa will start having sleepless nights.

High Court blocks thin SIM technology roll-out

http://www.capitalfm.co....sim-technology-roll-out/

I think Equity are also not keen to promote this project even on the normal sim.

A case of underlings who are too afraid to tell Daktari "its impractical", "its technically impossible", "its not feasible"? I think so.
There are too many cases of senior leaders who will not hear NOs, and they lash out with volcanic fury at those saying it, dismissing them as stumbling blocks or negative or not seeing the big picture. Slick salesmen will sell you air, nothing is "impossible" to them and after you sign the dotted line, they move on to snare another unsuspecting businessman. The techies then crawl out of the woodwork and tell you a whole raft of things which are plain wishful thinking, but then its too late, you have paid and are tryinf to nurse a broken technology into a successful product.
Its important to listen to your own dull-sounding techies and evaluate their advice and not level them like an elephant to grass. They usually can see through polished salesmen's bullshit.
I will leave you now with this short, insightful and hilarious video:
http://m.youtube.com/watch?v=BKorP55Aqvg

Even the crowds are no more at the sim card registration counters.Highly unlikely they will kill it at the moment its just to wait and see what the next step will be

Agreed the utube video is self explanatory this is exactly the scenario

Kenyans love a bargain. They embraced Equity when the likes of Barclays were closing branches and insisting on 20K (or was 50K?) minimum balance, made the bank a roaring success.
There was genuine interest to take up the sim and thin sim. Equity has just very badly screwed this up, its not loyalty to the green giant that is to blame here.
Bright side: Some relief came to Mpesa customers.

A flip side: Other banks already felt threatened, Safaricom felt threatened. That would have removed stumbling blocks to collaboration just so as to counter Equity running away with everybody's lunch. A meaner, deeper, more integrated, harder to best Mpesa beast would have emerged. It would have been fascinating to watch.

Quick one guys if I bought 4000 equity shares in 2004 how much are they worth now?

The site will not help to know the actual value considering the splits, rights issues, bonus shares etc.

Thats the biggest problem @Murchr its kinda complicated but let metry my luck with the registrars...so many things have happened in the last decade on that stock just wanted a rough estimate something I can work with....