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Kenya Economy Watch
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Angelica _ann
#1331 Posted : Friday, January 20, 2017 7:45:48 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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obiero
#1332 Posted : Friday, January 20, 2017 8:39:04 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
Ericsson wrote:
obiero wrote:
Safaricom to be declared a monopoly in the CAK report to be released on Thursday this week.. Expect a shift downwards on SCOM share price


Today is Friday I'm still waiting for the CAK report declaring it a monopoly.
Share price edging upwards.

Yesterday, the report was released sir

KQ ABP 4.26
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Ericsson
#1333 Posted : Friday, January 20, 2017 9:11:06 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
It said the mkt share of the mobile providers
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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aemathenge
#1334 Posted : Friday, January 20, 2017 12:51:10 PM
Rank: Elder

Joined: 10/18/2008
Posts: 3,434
Location: Kerugoya
Name:
Number: 21411
Content:
GetIT411:
CBK: Buy 103.73, Sell 103.93, Mean 103.83
CBA: Buy 103.75, Sell 103.95
SKY FOREX: Buy 103.60, Sell 104.10
Time: 20/01/2017 12:28:44
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aemathenge
#1335 Posted : Friday, January 20, 2017 5:28:54 PM
Rank: Elder

Joined: 10/18/2008
Posts: 3,434
Location: Kerugoya
Quote:
Kenya’s government (has) mandated four international banks to raise $800 million in syndicated loans that authorities need to boost foreign-currency reserves and plug a widening budget deficit.

The East African nation’s Treasury informed the Nairobi-based units of Citigroup Inc., Standard Bank Group Ltd., Standard Chartered Plc and Rand Merchant Bank on Tuesday that they were appointed to arrange the financing.

The funds are expected to be made available to the Kenyan government by February.


Link from Bloomberg
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obiero
#1336 Posted : Friday, January 20, 2017 5:43:18 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
Ericsson wrote:
It said the mkt share of the mobile providers

Safaricom highly dominant. The former communication director at the firm made a plea to CAK to water down the anti competitive report, which will now be released at the pleasure of government since Airtel is already dying and Orange had falsified data

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  | | Edit by user: Friday, January 20, 2017 5:45 PM | Reason: Not specified
holycow
#1337 Posted : Saturday, January 21, 2017 11:32:16 AM
Rank: Veteran

Joined: 11/11/2006
Posts: 972
Location: Home
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Flo-ology
#1338 Posted : Saturday, January 21, 2017 3:18:31 PM
Rank: Member

Joined: 12/17/2016
Posts: 225
Could you kindly explain to me, a lay man in finance, what being declared a dominant player means and how it affects share price.
Reflection Eternal
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obiero
#1339 Posted : Saturday, January 21, 2017 6:03:54 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
Flo-ology wrote:
Could you kindly explain to me, a lay man in finance, what being declared a dominant player means and how it affects share price.

In a functional economy, it would imply drastic measures such as sharing of infrastructure, freeze on ads pend, regulation on growth in consumer base and even possible breakup of units to have the telco and it's finserve mpesa separated

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Flo-ology
#1340 Posted : Saturday, January 21, 2017 10:23:01 PM
Rank: Member

Joined: 12/17/2016
Posts: 225
obiero wrote:
Flo-ology wrote:
Could you kindly explain to me, a lay man in finance, what being declared a dominant player means and how it affects share price.

In a functional economy, it would imply drastic measures such as sharing of infrastructure, freeze on ads pend, regulation on growth in consumer base and even possible breakup of units to have the telco and it's finserve mpesa separated


Ok. Thanks @Obiero. Rumour mill has it that Dr. Mwangi is in secret talks to buy Airtel Ke. to give Member a boost in mobile money. Interesting times a head on Safcom stock
Reflection Eternal
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