If we had any doubt, it is clear that ZAIN is DEAD. 10% market share after how many years of operation and how much infrastructure investment?
With the 28B P2P value of MPESA transactions per month, I don't think a 1 Trillion Shilling transaction value per year is too far off. As SMEs increasingly rely on MPESA, does this pose a significant systemic risk? I use it and have noticed outages have been on the increase. I am thinking along the same lines as the days when Equity Bank ATMs going down would almost lead to a mini riot. But I am drooling on the dividend. At least I can buy a ka-tshirt this time. Hehehe.