@ avid
Maybe you should ask yourself why? One key to success to any technological based company is to keep up with the latest technology in the market. this ensures you stay ahead of the pack in terms of services you can offer your customers. Lest you become obsolete like those telkom booths that have become bedrooms for watchies.I think safkom has done a good job on that....their 3G technology (the only operator offering that currently) shall ensure an increase in revenue from data eventually countering the effects of shrinking ARPU. Buying of Onecom-the IT company has defnately to do with 4G/wimax technology - the future of telecommunications. The revolutionary money tranfer service Mpesa that has double digit growth in revenue and registered users. Currently they have the widest coverage in the country. At the moment their ARPU may be challenged by the vukas and 1/= tariffs but thats just temporary.Frankly how many of you out there vukad and flushed down the toilet their saf line.Do saf numbers in your phonebook outnumber other operator's numbers? Hate it or love it Saf will continue to be ahead of the pack for a while...check out his link on MJ's analysis of the competition. http://www.bloomberg.com...ca&sid=aHPJB5tB81.4
Thats just my thoughts.....feel free to disregard

Live life ...and let live

Not sure of the date but they are good. Let's talk when they are actually out.

Sorry I cannot divulge any info here on specifics. However Scom barely had any serious competition in the year under review. M-Pesa has become a monster that's unstoppable....

Infact Mpesa is causing a strain on Safcoms cashflows. I understand that they pay Vodaphone a dollar or so upfront for each person subscribing to the service and then wait to earn the same from transaction fees. I believe it takes time to recoup the dollar. To safcom this service is yet to yeild +ve cashflows.


Be greedy when others are fearful,be fearful when others are greedy.

@Raheel.....do you expect them to give a dividend?

@Pablo,if what you say about mpesa is true,then MJ should expect proper grilling at his first shareholder agm bec it rather smells of underhand vodafone exploitation. if anything they are the ones should be paying safcon for testing the 'invention'. At any rate i just dont see any major cost of operating mpesa.

Ati,vodafone should pay safaricom for 'testing the invention'... LOL... get serious... even if they 'paid' safcon,the bottomline is that safcon licenses M-Pesa from vodafone.

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB

Vodafone (not PLC but thru another 'offshore' entity) = 35%
mobitelea (moi,biwott,wako & thieves) = 5% (thru the offshore entity)
Public (foreign + local) traded on NSE = 25%
GoK = 35%

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB

Mobitelea is not a shareholder of Safaricom.... It owns shares in Vodafone Kenya (a private company) which in turns owns shares in Safaricom... I know you'll rain hell on me lakini fact remains,thieves or not,you have no say in the shareholding of a private company (Vodafone Kenya)...period!

Vodafone UK gives a 6%(results out today as per prediction below) dividend yield despite fall in profits,their policy on dividend:
1. Increase shareholder gains,currently pay 60% of profit payout. This amounts to a 6% dividend yield against share price.

So if vodafone is influential in safaricom dividend policy,expect a dividend of at least 13bil* .6= 7.8bill payout,per share 0.195 cents per share.
Disclaimer,i am no guru

Learn something new everyday