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Safaricom up to their usual shenanigans.Dividend Payments Via MPESA.
bird_man
#11 Posted : Wednesday, November 24, 2010 12:27:52 PM
Rank: Veteran

Joined: 11/2/2006
Posts: 1,206
Location: Nairobi
Quote:
Njugu karanga!!!Atleast its saved me on credit for the day which goes back to them anyway...vicious cycle!

Laughing out loudly Laughing out loudly
Formally employed people often live their employers' dream & forget about their own.
Layman
#12 Posted : Wednesday, November 24, 2010 12:52:16 PM
Rank: Member

Joined: 9/21/2006
Posts: 422
Location: Nairobi
theres no transaction charges for receiving safcom dividends on your safaricom M-Pesa...maybe unless they sent to your line with other networks....Zap...Yu Cash.......
sizzla
#13 Posted : Wednesday, November 24, 2010 1:43:30 PM
Rank: Member

Joined: 6/10/2006
Posts: 201
Location: Nairobi
@PuthyKrasha funny enough i also noticed the same for mine. I purportedly received 100 via mpesa but there's no change in my balance. I immediately smelled a rat and was even thinking of starting a thread on the issue. I think that some smart chap at safcom is randomly deducting the cash from the dividend payments.
Bettertry
#14 Posted : Wednesday, November 24, 2010 1:59:17 PM
Rank: Member

Joined: 9/19/2010
Posts: 237
Location: Republic of Graham & Doddsville
Layman wrote:
theres no transaction charges for receiving safcom dividends on your safaricom M-Pesa...maybe unless they sent to your line with other networks....Zap...Yu Cash.......

Eee..., don't forget wanafeyeka withholding tax pia!!!
We Will Either Find a Way or Create One - HANNIBAL
Jus Blazin
#15 Posted : Wednesday, November 24, 2010 2:04:50 PM
Rank: Elder

Joined: 10/23/2008
Posts: 3,966
PuthyKrasha wrote:
thuks wrote:
May be the amount was taken up by transaction charges Sad


247/- as transaction charge... i thought it was 30/- ... i can smell B.s from a far..

true, one should never be charged for receiving any amount, even dividends. when i check my dividend payment, its based on sh0.19 per share instead of sh0.20 per share. hiyo one cent imeenda wapi?
Luck is when Preparation meets Opportunity. ~ Lucius Annaeus Seneca
Dod
#16 Posted : Wednesday, November 24, 2010 5:30:16 PM
Rank: Member

Joined: 10/4/2010
Posts: 223
Location: Afghanistan
@ JB...Gava charges tax on dividends.
The rich have money working for them; the poor and the middle class are going to work for money.
mozenrat
#17 Posted : Wednesday, November 24, 2010 9:37:45 PM
Rank: Veteran

Joined: 5/18/2008
Posts: 796
Ngai fafa.. yenyewe that Safcom IPO introduced "investors" to the market.. yaani people don't know eti all companies pay dividends net of witholding tax..
Mpenzi
#18 Posted : Wednesday, November 24, 2010 9:41:27 PM
Rank: Veteran

Joined: 10/17/2008
Posts: 1,234
mozenrat wrote:
Ngai fafa.. yenyewe that Safcom IPO introduced "investors" to the market.. yaani people don't know eti all companies pay dividends net of witholding tax..


Laughing out loudly
Ali Baba
#19 Posted : Wednesday, November 24, 2010 10:52:56 PM
Rank: Member

Joined: 8/29/2008
Posts: 573
DOD.....dude,that's why you should be like me.Buy into Centum....there will be no tax on dividends,cos they don't pay div until 2014! Otherwise keep paying money into our cdf system!!
Dod
#20 Posted : Thursday, November 25, 2010 12:05:38 AM
Rank: Member

Joined: 10/4/2010
Posts: 223
Location: Afghanistan
Laughing out loudly
The rich have money working for them; the poor and the middle class are going to work for money.
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