Hating on safaricom:
1. Wanjiku carried the pregnancy and bore the child (IPO and refund saga)
2. Wanjiku nurtured the child through hardship (Stagnant share price coupled with very low dividends to earn all of the 85Bn in retained earning)
3. Wanjiku got bought off on the cheap by the fat cats (HNW investors, Foreigners, Institutions)
4. Fat cats pumped the price and invaded the cookie jar (awarded themselves Super High dividends + a forced SPECIAL dividend) - Wanjiku's blood, sweat and labour over the years
5. Fat cats are now planning to hand over the emaciated stock back to Wanjiku at a princely sum for another cycle.


Disclaimer: I sold my holding at a good profit BUT at a paltry Ksh. 4.10

at 100 Safaricom will be 2/3 of Kenya GDP

Hating on safaricom:
1. Wanjiku carried the pregnancy and bore the child (IPO and refund saga)
2. Wanjiku nurtured the child through hardship (Stagnant share price coupled with very low dividends to earn all of the 85Bn in retained earning)
3. Wanjiku got bought off on the cheap by the fat cats (HNW investors, Foreigners, Institutions)
4. Fat cats pumped the price and invaded the cookie jar (awarded themselves Super High dividends + a forced SPECIAL dividend) - Wanjiku's blood, sweat and labour over the years
5. Fat cats are now planning to hand over the emaciated stock back to Wanjiku at a princely sum for another cycle.


Disclaimer: I sold my holding at a good profit BUT at a paltry Ksh. 4.10

Can a company be bigger than the country in which it operates? I ask because Safaricom cannot expand to other countries.

Safaricom Ltd., the Kenyan mobile-phone company that runs a money transfer service almost the size of the East African nation’s economy, invested in a courier service business in an effort to stimulate e-commerce and gain a foothold in growing demand for deliveries.
The operator invested $125,000 in part of a loan that could convert into equity in Sendy, a company that uses a network of independent motorbike riders to navigate traffic and deliver packages in the gridlocked Kenyan capital, Nairobi, Safaricom Chief Executive Office Bob Collymore said, declining to give more details on the transaction.
“We want to see the business in the region grow,” he said.
Safaricom, 40 percent owned by Newbury, England-based Vodafone Group Plc, is seeking to tap into an increase in online transactions on the continent, which has the potential to grow into a $395 billion economy in 15 years, from about $50 billion, Collymore said. The country’s largest company by market value facilitated transactions equal to 85 percent of Kenya’s total economic output in the year through March via it’s M-Pesa mobile-money transfer platform.

Sh30bn airtime lending raises Safaricom profile in credit market

Mobile phone subscribers borrowed up to Sh30 billion worth of airtime or nearly a third of the total airtime Safaricom sold last year, underlining how critical telecoms operators have become in the credit market.