To be a successful in business you have to be competitive and what that means is that even politics must be factored into the equation. We have just see fernie mac slowly being taken over by the US Govt. EB will thrive in the near future because it has mastered the politics of the day. SAFCOM has 0ver 70% of the comms market. better yet it has close to 30% of its customers using MPESA for savings. Seems like the Equity train just got more coal into its steam engine.

The current deal gives EB exclusivity for 12 months. SCOM cannot join hands with any other bank or even do it on their own during this period.

After 12 months, the whole thing will open up and by that time....

As an investor, my only quesion is, how many wazuians are intelligent enough to have bought this share at Ksh12?
And to the poriticians-did politics drive the share from Ksh12 to Ksh20 tonday?

[quote=Wa_ithaka]As an investor, my only quesion is, how many wazuians are intelligent enough to have bought this share at Ksh12? /quote]

My friend. I was broke when it was 12. Got in at 15.

My hand is up. If it were not for Equity, I would have to keep my meagre savings in a hole in the ground.

Now that the rains were good this year, wait till the thousands of farmers in Kitale, Murang'a and Kangema start banking their milk, coffee, tea, maize etc sales into Equity.

Plus the Mpesa deal, the banking industry is going to be revolutionised!

I see a 'CCK-Safaricom-Monopoly-My-As*' case soon.

Political bank? No,it is my money making machine.