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Safaricom FY 2016 results net profit up 19.6%

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watesh		#136 Posted : Monday, July 11, 2016 8:46:29 PM
Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya		murchr wrote: MPESA debit cards, coming to a place near you Finally i can pay with mpesa at the till. I really hated using the phone. So many steps and the waiting periods just makes things awkward
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mlennyma		#137 Posted : Monday, July 11, 2016 10:03:44 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		watesh wrote: murchr wrote: MPESA debit cards, coming to a place near you Finally i can pay with mpesa at the till. I really hated using the phone. So many steps and the waiting periods just makes things awkward true and especially when the people traffic is heavy with some doing it with alot of analog "Don't let the fear of losing be greater than the excitement of winning."
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Swenani		#138 Posted : Monday, July 11, 2016 10:32:39 PM
Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum		mlennyma wrote: watesh wrote: murchr wrote: MPESA debit cards, coming to a place near you Finally i can pay with mpesa at the till. I really hated using the phone. So many steps and the waiting periods just makes things awkward true and especially when the people traffic is heavy with some doing it with alot of analog safaricom should be cut to size before it becomes a hegemony in mobile and card payments If Obiero did it, Who Am I?
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hisah		#139 Posted : Tuesday, July 12, 2016 6:34:19 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Swenani wrote: mlennyma wrote: watesh wrote: murchr wrote: MPESA debit cards, coming to a place near you Finally i can pay with mpesa at the till. I really hated using the phone. So many steps and the waiting periods just makes things awkward true and especially when the people traffic is heavy with some doing it with alot of analog safaricom should be cut to size before it becomes a hegemony in mobile and card payments This is what disruptive technology is doing to old complacent modus operandi. The banks got owned. The onus lies with the banks on how to find a way back into their game. The book titled Who moved my cheese is applicable here. Uber, Twitter, Facebook, crowd funding, bitcoin etc are showing up just in time in a disruptive manner for a reason. Ask the horse and carriage industry what happened when motor vehicles were invented... What has made mpesa popular? Do you think the bureaucracy in the banking world can compete at par with the agile digital tech-savvy outfits? Why couldn't the banks see the gap being served by mobi money? Let the banks fix their archaic modus operandi if they want to recover their cookie jar. Mpesa bank would be glad to face interesting competition since the mobi money game is still young. The big to fail tag on mpesa also makes it hard for them change fast when faced by a decent competitor. The market is too young for control. That will kill innovation. Let the market find its equilibrium. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Othelo		#140 Posted : Tuesday, July 12, 2016 6:42:29 AM
Rank: User Joined: 1/20/2014 Posts: 3,528		There is no competition for this monster. Their innovation is top notch in our market where organizations are slow to react to market needs and change. I also like the way that they keep on trying new products despite experiencing one or two failures once in awhile!!! Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Ericsson		#141 Posted : Tuesday, July 12, 2016 9:44:11 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		Bread and butter still remains Voice,Data and Mpesa. If the two other companies focus on grabbing some share from safaricom in the mentioned three segments they will give them a run for their money. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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MaichBlack		#142 Posted : Tuesday, July 12, 2016 10:51:53 AM
Rank: Elder Joined: 7/22/2009 Posts: 7,833		Swenani wrote: mlennyma wrote: watesh wrote: murchr wrote: MPESA debit cards, coming to a place near you Finally i can pay with mpesa at the till. I really hated using the phone. So many steps and the waiting periods just makes things awkward true and especially when the people traffic is heavy with some doing it with alot of analog safaricom should be cut to size before it becomes a hegemony in mobile and card payments Oh yee Kenyans!!! Why thou hatest advancement, innovation, progress, growth etc. so?? Why thou vilify the hard workers? Would thee want they to be like KQ, Uchumi and Mumias so that they are not cut to size?? Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Impunity		#143 Posted : Tuesday, July 12, 2016 11:05:27 AM
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada		watesh wrote: murchr wrote: MPESA debit cards, coming to a place near you Finally i can pay with mpesa at the till. I really hated using the phone. So many steps and the waiting periods just makes things awkward How many cards will Kenyans be forced to carry, especially men in our small kibetis/wallets? Mara the: 2 Main bank ATMs (Credit and Debit), 4 supermarkets bonga poits, 2 Fuel cards, 2 health insurance cards (NHIF and UAP), 1 ID card, 1 KCB pepea, 1 Equity beba beba. Why cant Safcom come up with an app where you can use your smart phone in place of the damn additional card? I believe the NFC can be used in this case suing the smart phone. I am against this additional card! Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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maka		#144 Posted : Tuesday, July 12, 2016 11:09:15 AM
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi		MaichBlack wrote: Swenani wrote: mlennyma wrote: watesh wrote: murchr wrote: MPESA debit cards, coming to a place near you Finally i can pay with mpesa at the till. I really hated using the phone. So many steps and the waiting periods just makes things awkward true and especially when the people traffic is heavy with some doing it with alot of analog safaricom should be cut to size before it becomes a hegemony in mobile and card payments Oh yee Kenyans!!! Why thou hatest advancement, innovation, progress, growth etc. so?? Why thou vilify the hard workers? Would thee want they to be like KQ, Uchumi and Mumias so that they are not cut to size?? possunt quia posse videntur
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streetwise		#145 Posted : Tuesday, July 12, 2016 11:10:58 AM
Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi		I thought I read NFC somewhere in initial announcement , I would be surprised if safcom goes ahead and print another plastics that increases their cost of doing business. The Wazun-safcom members here please pass the message
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mlennyma		#146 Posted : Tuesday, July 12, 2016 11:18:44 AM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		streetwise wrote: I thought I read NFC somewhere in initial announcement , I would be surprised if safcom goes ahead and print another plastics that increases their cost of doing business. The Wazun-safcom members here please pass the message safcoms threat can only be the government change of policies but not another company as things appear in the medium term and even longterm if status quo prevails "Don't let the fear of losing be greater than the excitement of winning."
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Aguytrying		#147 Posted : Tuesday, July 12, 2016 11:49:06 AM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		mlennyma wrote: streetwise wrote: I thought I read NFC somewhere in initial announcement , I would be surprised if safcom goes ahead and print another plastics that increases their cost of doing business. The Wazun-safcom members here please pass the message safcoms threat can only be the government change of policies but not another company as things appear in the medium term and even longterm if status quo prevails Spoken like 3 elders The investor's chief problem - and even his worst enemy - is likely to be himself
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Ericsson		#148 Posted : Tuesday, July 12, 2016 11:57:51 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		Share price needs a thorough hammering in this bear market Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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VituVingiSana		#149 Posted : Tuesday, July 12, 2016 1:13:19 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi		Ericsson wrote: Share price needs a thorough hammering in this bear market Agreed! I am a buyer at a lower price! But the reality is that Safcom is doing quite well and remains a favorite of foreign buyers. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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MaichBlack		#150 Posted : Tuesday, July 12, 2016 1:44:17 PM
Rank: Elder Joined: 7/22/2009 Posts: 7,833		Ericsson wrote: Share price needs a thorough hammering in this bear market Hope as an investment strategy is very dangerous. cc: @Obiero @guru267 Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Wazua » Investor » Stocks » Safaricom FY 2016 results net profit up 19.6%

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