Profit before tax at sh.37.5bn
Profit after tax at sh.26.2bn

service revenue growth of 12% to 109bn
Voice revenue at 53.2bn
Mobile data 17.6bn
Mpesa 30bn

Currently, I still dont find Masoko interesting. E commerce is effective if things get delivered to your house, but the address system in Africa still has a long way to go. If Safaricom can find a work around the delivery part, i will be more excited. The other thing is developing trust in the ecommerce system in Africa.
Products I am excited about are the Fiber to Home, Lipa Na Mpesa and Data. Lipa Na Mpesa had a 50% reduction in cost but volume went up by 50%, which is very incredible. Cash is still king and only competition is bank debit cards. Mpesa one tap should be rolled out better and introduce better machines for supermarkets.
Fiber to home roll out is excellent and an opportunity has presented itself since Zuku is shooting itself in the foot by angering customers every week. If this continues expect massive migration. I hope Safcom is future proofing the network so as to be able to process the heavy load this new product will bring. Plus they should double the speeds for those prices. Regardless, the growth is phenominal.
Data business is getting competitive. Telkom are going in for the kill thanks to the major funding for Helios. Lots of room for growth due to the 500k very active data customers that come into the network. These are kids from boarding school who just finished highschool. A significant portion of their pocket money goes into data. Every year their numbers get bigger so Safaricom should capture them before the likes of Telkom & Airtel. They are more important for the data business than the older generation due to amount of free time they have on their hands. Lots of room for growth here is tapped into wisely.
Other businesses i would like to see is something from the entertainment industry. Have a product like Netflix or partner with showmax but for local content. Old and new. Lets see an archive for old entertaining shows like Redykyulass and other new shows like Aunty Boss. I want to be able to watch some of their earlier episodes that i missed when being aired on tv. A product like this can be expanded to other countries in Africa.

I believe this is felt across the industry. Especially the election has reduced the flow of money across the industry. Once we are stable politically, things will go back to normal.

Opposition calls for boycott of Safaricom. Safcom could lose 10m customers today.

http://www.businessdaily...171998-eikksq/index.html

[quote=hardwood]Opposition calls for boycott of Safaricom. Safcom could lose 10m customers today.

http://www.businessdaily...71998-eikksq/index.html[/quote]
Tough days ahead....I wonder whether Airtel has the capacity currently to sustain the traffic in Nyanza region that will come in

Acha tuone kama hii watu tasaidia kuleta share price chini.But i will be surprised if they do.

[quote=hardwood]Opposition calls for boycott of Safaricom. Safcom could lose 10m customers today.

http://www.businessdaily...71998-eikksq/index.html[/quote]




Although im a follower of Nasa,i disagree with this one.There is difference between business and politics.We cannot politicise everything.We cannot eat,sleep and drink politics.Economic sabotage will only help to create more poverty.

Mshuto wa nguvu hujawahi pasua choo

hizi zako unatoanga wapi..

THIS IS NOW THE 1 BILLION DOLLA QUESTION..