Wazua
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Safaricom 2019/2020
Rank: Member Joined: 5/31/2011 Posts: 250
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https://www.businessdail...ce-to-safaricom-3430492
Licence has been given, now it's time to walk the talk. Time to crack the nut You lose money chasing women, but you never lose women chasing money - NAS
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Rank: Member Joined: 2/20/2015 Posts: 467 Location: Nairobi
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Kenyan Oracle wrote:https://www.businessdailyafrica.com/bd/economy/uhuru-in-ethiopia-to-witness-award-telecom-licence-to-safaricom-3430492
Licence has been given, now it's time to walk the talk. Time to crack the nut I wonder if it is wise to associate the Safaricom consortium in Ethiopia with Kenya Govt[Uhuru going for the license award]. small small tiffs between Kenya & Ethiopia could see a ODM resist kind of loss of subscribers. Orascom offices in Algeria get stoned when Algeria lose to Egypt in a football match.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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kawi254 wrote:Kenyan Oracle wrote:https://www.businessdailyafrica.com/bd/economy/uhuru-in-ethiopia-to-witness-award-telecom-licence-to-safaricom-3430492
Licence has been given, now it's time to walk the talk. Time to crack the nut I wonder if it is wise to associate the Safaricom consortium in Ethiopia with Kenya Govt[Uhuru going for the license award]. small small tiffs between Kenya & Ethiopia could see a ODM resist kind of loss of subscribers. Orascom offices in Algeria get stoned when Algeria lose to Egypt in a football match. He was bored and looked for an escapade. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Kenyan Oracle wrote:https://www.businessdailyafrica.com/bd/economy/uhuru-in-ethiopia-to-witness-award-telecom-licence-to-safaricom-3430492
Licence has been given, now it's time to walk the talk. Time to crack the nut Details on source of funding for paying the license Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 11/21/2018 Posts: 564 Location: Britain
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kawi254 wrote:Kenyan Oracle wrote:https://www.businessdailyafrica.com/bd/economy/uhuru-in-ethiopia-to-witness-award-telecom-licence-to-safaricom-3430492
Licence has been given, now it's time to walk the talk. Time to crack the nut I wonder if it is wise to associate the Safaricom consortium in Ethiopia with Kenya Govt[Uhuru going for the license award]. small small tiffs between Kenya & Ethiopia could see a ODM resist kind of loss of subscribers. Orascom offices in Algeria get stoned when Algeria lose to Egypt in a football match. Was the issue of the 5% ownership ever resolved/revealed? Therein could lie your answer.
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Rank: Member Joined: 11/21/2018 Posts: 564 Location: Britain
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Ericsson wrote:Kenyan Oracle wrote:https://www.businessdailyafrica.com/bd/economy/uhuru-in-ethiopia-to-witness-award-telecom-licence-to-safaricom-3430492
Licence has been given, now it's time to walk the talk. Time to crack the nut Details on source of funding for paying the license This information is extremely vital, I wonder why they have been so cagey about it.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Safaricom to Create Highest Quality Network in EthiopiaSafaricom is betting on creating the highest quality network in Ethiopia to beat the competition in its new market. The company which recently won the bid for a telecommunications license in Ethiopia said it plans to use part of the $8.5 billion investment to establish the best quality network in the fast-developing nation. Safaricom’s expansion into Ethiopia will partly be funded by the US sovereign wealth fund International Development Finance Corporation (IDFC) which signed a $500 million loan deal with the telecommunications company in December 2020. The rest of the funding will come from internal equity and other debt sources, the company said during a management call on Wednesday night. The telecommunication giant revealed that it will maintain its dividend policy of distributing 80% of net profit to investors. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Safaricom appoints Mr Anwar Soussa as the Managing Director of the Operating company in Ethiopia reporting to the board of the entity and to the CEO of Safaricom PLC effective 1 July 2021. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 11/21/2018 Posts: 564 Location: Britain
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Rank: Member Joined: 11/21/2018 Posts: 564 Location: Britain
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Queen wrote:Ericsson wrote:Kenyan Oracle wrote:https://www.businessdailyafrica.com/bd/economy/uhuru-in-ethiopia-to-witness-award-telecom-licence-to-safaricom-3430492
Licence has been given, now it's time to walk the talk. Time to crack the nut Details on source of funding for paying the license This information is extremely vital, I wonder why they have been so cagey about it. Now we know. https://www.businessdail..._twitter_impression=true
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Queen wrote:Queen wrote:Ericsson wrote:[quote=Kenyan Oracle]https://www.businessdailyafrica.com/bd/economy/uhuru-in-ethiopia-to-witness-award-telecom-licence-to-safaricom-3430492
Licence has been given, now it's time to walk the talk. Time to crack the nut Details on source of funding for paying the license This information is extremely vital, I wonder why they have been so cagey about it. Now we know. https://www.businessdail...twitter_impression=true[/quote] License fee of $850mn paid,they got other sources. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/6/2008 Posts: 3,548
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Ericsson wrote:Queen wrote:Queen wrote:Ericsson wrote:[quote=Kenyan Oracle]https://www.businessdailyafrica.com/bd/economy/uhuru-in-ethiopia-to-witness-award-telecom-licence-to-safaricom-3430492
Licence has been given, now it's time to walk the talk. Time to crack the nut Details on source of funding for paying the license This information is extremely vital, I wonder why they have been so cagey about it. Now we know. https://www.businessdail...twitter_impression=true[/quote] License fee of $850mn paid,they got other sources. Hapo sawa, China tops "plan B". A New Kenya
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Rank: Elder Joined: 12/6/2008 Posts: 3,548
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Raila is one of the best engineers and philosphers in africa and the world. When he says we should take all our engineers for attachment in China, he knows his stuff!! A New Kenya
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Much Know wrote:Raila is one of the best engineers and philosphers in africa and the world. When he says we should take all our engineers for attachment in China, he knows his stuff!! How is this related to the thread Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 7/1/2009 Posts: 256
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Monk wrote:sparkly wrote:VituVingiSana wrote:sparkly wrote:xtina wrote:I boarded matatus and offered to pay by MPESA. All the condas refused, infact in one case I was politely asked to leave the mat if I don't have cash, which I did. In the other case, the conda shouted to the other passengers that they will not accept MPESA.
It seems hii mambo ya kulipa fare na MPESA will not be easy, matatu guys are simply stuck to their ways. The matatu industry is special. Mpesa is now a universal payment system in Kenya. Si ata Ndege tunalipa na mpesa? It's one thing paying 4k+ by M-Pesa and another paying 20-100 using M-Pesa. No difference! I use Mpesa at the kiosk, shoe shine, barbershop, mama mboga and many other micro businesses. You have CBK enforced waivers to thank for that. Before Covid, every single one of those micro businesses insisted I send them "pesa za kutoa", if i wanted to pay by M-pesa. From Jan2021, they'll revert back. Effectively, only the middle class, (about 30% of the population?) pays M-pesa fees. I would like to see the low income guys buy goods from you via "Pay Bill" with a fee, when they have the option to pay by cash. As expected.... https://www.businessdail...ee-waiver-ends--3486520
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Monk wrote:Monk wrote:sparkly wrote:VituVingiSana wrote:sparkly wrote:xtina wrote:I boarded matatus and offered to pay by MPESA. All the condas refused, infact in one case I was politely asked to leave the mat if I don't have cash, which I did. In the other case, the conda shouted to the other passengers that they will not accept MPESA.
It seems hii mambo ya kulipa fare na MPESA will not be easy, matatu guys are simply stuck to their ways. The matatu industry is special. Mpesa is now a universal payment system in Kenya. Si ata Ndege tunalipa na mpesa? It's one thing paying 4k+ by M-Pesa and another paying 20-100 using M-Pesa. No difference! I use Mpesa at the kiosk, shoe shine, barbershop, mama mboga and many other micro businesses. You have CBK enforced waivers to thank for that. Before Covid, every single one of those micro businesses insisted I send them "pesa za kutoa", if i wanted to pay by M-pesa. From Jan2021, they'll revert back. Effectively, only the middle class, (about 30% of the population?) pays M-pesa fees. I would like to see the low income guys buy goods from you via "Pay Bill" with a fee, when they have the option to pay by cash. As expected.... https://www.businessdail...ee-waiver-ends--3486520
That's a material effect in income and profits Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Ethiopian government clears way for Safaricom to introduce Mpesa Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 6/26/2008 Posts: 384
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Ericsson wrote:Ethiopian government clears way for Safaricom to introduce Mpesa Ethiopia is such a mess right now I am not even sure this is good news. Dead Tigrayans are showing up in Sudan rivers and TPLF is gearing up ready for war. Communication systems in the country have been blocked and there's very little information coming out of that country.
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Rank: Member Joined: 11/21/2018 Posts: 564 Location: Britain
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xtina wrote:Ericsson wrote:Ethiopian government clears way for Safaricom to introduce Mpesa Ethiopia is such a mess right now I am not even sure this is good news. Dead Tigrayans are showing up in Sudan rivers and TPLF is gearing up ready for war. Communication systems in the country have been blocked and there's very little information coming out of that country. And now the Ethiopian government asks civilians to join the army as fighting escalates. Things are thick.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Queen wrote:xtina wrote:Ericsson wrote:Ethiopian government clears way for Safaricom to introduce Mpesa Ethiopia is such a mess right now I am not even sure this is good news. Dead Tigrayans are showing up in Sudan rivers and TPLF is gearing up ready for war. Communication systems in the country have been blocked and there's very little information coming out of that country. And now the Ethiopian government asks civilians to join the army as fighting escalates. Things are thick. Ethiopia is about to explode. The largest ethnic group rebels Oromo liberation defence forces and Tigray people liberation forces have teamed up on a war against the government. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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