wazua Mon, Dec 23, 2024
Welcome Guest Search | Active Topics | Log In | Register

Safaricom
Options
Previous Topic · Next Topic
Jon Jones
#1 Posted : Tuesday, October 06, 2020 8:22:51 PM
Rank: Member


Joined: 9/11/2015
Posts: 244
Location: Thika
How much money can this behemoth squeeze from Kenyans?? What is their international strategy?? Kenya is too small and it is about time they ventured internationally. If they don't, Equity bank and other banks will surpass it in profitability.
Since men have learned to shoot without missing, I have learned to fly without perching
Back to top
WWW
 Report Abusive | Report SPAM
Ericsson
#2 Posted : Wednesday, October 07, 2020 7:25:54 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Jon Jones wrote:
How much money can this behemoth squeeze from Kenyans?? What is their international strategy?? Kenya is too small and it is about time they ventured internationally. If they don't, Equity bank and other banks will surpass it in profitability.


All the questions you have asked have being answered in the Safaricom thread.
There was no need of opening a new thread.
Just go through the other thread.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM
Fyatu
#3 Posted : Wednesday, October 07, 2020 9:05:50 AM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
Jon Jones wrote:
How much money can this behemoth squeeze from Kenyans?? What is their international strategy?? Kenya is too small and it is about time they ventured internationally. If they don't, Equity bank and other banks will surpass it in profitability.


This thing(Safaricom) is what is propping the Nairobi "Six" Exchange aka the casino. The only way Safaricom can expand in the continent is by acquisition of other telcos.
Dumb money becomes dumb only when it listens to smart money
Back to top
 Report Abusive | Report SPAM | Edit by user: Wednesday, October 07, 2020 9:25 AM | Reason: Not specified
Ericsson
#4 Posted : Wednesday, October 07, 2020 9:36:45 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Fyatu wrote:
Jon Jones wrote:
How much money can this behemoth squeeze from Kenyans?? What is their international strategy?? Kenya is too small and it is about time they ventured internationally. If they don't, Equity bank and other banks will surpass it in profitability.


This thing(Safaricom) is what is propping the Nairobi "Six" Exchange aka the casino. The only way Safaricom can expand in the continent is by acquisition of other telcos.


Examples of telcos they can acquire.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM
Mike Ock
#5 Posted : Wednesday, October 07, 2020 11:27:16 AM
Rank: Member


Joined: 1/22/2015
Posts: 682
Jon Jones wrote:
How much money can this behemoth squeeze from Kenyans?? What is their international strategy?? Kenya is too small and it is about time they ventured internationally. If they don't, Equity bank and other banks will surpass it in profitability.


There is still a lot more to squeeze on the MPESA end bro. Automated subscription payments for example is one huge market that MPESA could tap into.
Back to top
WWW
 Report Abusive | Report SPAM
ngapat
#6 Posted : Wednesday, October 07, 2020 4:22:14 PM
Rank: Member


Joined: 12/11/2006
Posts: 884
Mike Ock wrote:
Jon Jones wrote:
How much money can this behemoth squeeze from Kenyans?? What is their international strategy?? Kenya is too small and it is about time they ventured internationally. If they don't, Equity bank and other banks will surpass it in profitability.


There is still a lot more to squeeze on the MPESA end bro. Automated subscription payments for example is one huge market that MPESA could tap into.

yeah. There are still a lot of innovation that can be introduced to Mpesa. Safaricom should consider incorporating foreign exchange into mpesa i.e You can use send Kshs from Mpesa to be received by the receiver as USD. Mpesa will convert the currencies at a fee/spread
“Invest in yourself. Your career is the engine of your wealth.”
Back to top
 Report Abusive | Report SPAM
kawi254
#7 Posted : Wednesday, October 07, 2020 4:32:02 PM
Rank: Member


Joined: 2/20/2015
Posts: 467
Location: Nairobi
ngapat wrote:
Mike Ock wrote:
Jon Jones wrote:
How much money can this behemoth squeeze from Kenyans?? What is their international strategy?? Kenya is too small and it is about time they ventured internationally. If they don't, Equity bank and other banks will surpass it in profitability.


There is still a lot more to squeeze on the MPESA end bro. Automated subscription payments for example is one huge market that MPESA could tap into.

yeah. There are still a lot of innovation that can be introduced to Mpesa. Safaricom should consider incorporating foreign exchange into mpesa i.e You can use send Kshs from Mpesa to be received by the receiver as USD. Mpesa will convert the currencies at a fee/spread


sending money internationally has been around for a while. I have received M-PESA from a Vodacom TZ line sent to a Safaricom line to buy stuff in Nairobi and send by bus to Dar ...check MPESA Global on Safaricom website.
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2024 Wazua.co.ke. All Rights Reserved.