Ethiopia Awards Safaricom First Telecom License

Ethiopia Awards Safaricom First Telecom License

Sherlock said:
I don't know which Tanzanian shareholders you are talking about, all i know is that GoK will get some good dividends from her 35% shareholding in Safaricom.
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Ngojea uone venye share price ya Safaricom itapanda kishenzi kuanzia Monday. Safaricom a few weeks ago was already trading at an all time high.
 
Mkaruka said:
The third majority Safaricom stock owner, read the article.
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1) Number 1 stock owner - Government of Kenya (35%)
2) Number 2 stock owner - Vodacom SA (35%)
3) Number 3 stock owner - Vodafone UK (5%)
These are the top three stock owners of Safaricom

Kuna 25% shares ambazo zilikuwa listed in Nairobi stock exchange ila kuna thousands of people ambao wanazimiliki. Wanazinunua kila siku na kuziuza ndio maana nimekuuliza huyo Mtanzania anamiliki percentage ngapi ya Safaricom? Niko sure hajafikisha hata 1%
 
Ndio hiyoooo imepenya.....mababu zetu waliotangulia mbele za haki lazima wanapata raha sana wakiona kizazi chao kinavyovuruga.... tumeingia DRC kwa fujo, Tanzania ndio usipime, sasa Ethiopia ambayo ndio ilikua mfupa uliomshinda fisi....imeliwa
 
Mkaruka said:
SafariCom is the UK's Vodafone subsidiary company. It has nothing to do with Kenyans.
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Profits za Safaricom last year zilienda $200million to Government of Kenya GoK, $230 million to Vodafone SA+UK..
Alafu baada ya hapo, bado GoK ililipwa $980 million na Safaricom in taxes and duties mbali na ku employ 1 million Kenyans directly through its various businesses. Alafu unataka kutuambua Safaricom has nothing to do with Kenyans!!!!! Wakati GoK pekee inaokota zaidi ya $1Billion kutoka kampuni hio moja?
 
Kafrican said:
Profits za Safaricom last year zilienda $200million to Government of Kenya GoK, $230 million to Vodafone SA+UK..
Alafu baada ya hapo, bado GoK ililipwa $980 million na Safaricom in taxes and duties mbali na ku employ 1 million Kenyans directly through its various businesses. Alafu unataka kutuambua Safaricom has nothing to do with Kenyans!!!!! Wakati GoK pekee inaokota zaidi ya $1Billion kutoka kampuni hio moja?
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How did the GoK own shares in Safaricom?
and why do you think it's going to be different with that of Ethiopia ?

Safaricom in Kenya won't the same when in Ethiopia.

When in Ethiopia, it will employ Ethiopians, pay taxes there, and even sell stocks.
 
Why pay that idiot any attention?!

This is the kind of news that drives them crazy

He's salty and just trying to change the topic
 
Mkaruka said:
How did the GoK own shares in Safaricom?
and why do you think it's going to be different with that of Ethiopia ?

Safaricom in Kenya won't the same when in Ethiopia.

When in Ethiopia, it will employ Ethiopians, pay taxes there, and even sell stocks.
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It was the government that sold shares to investors .
 
Mkaruka said:
How did the GoK own shares in Safaricom?
and why do you think it's going to be different with that of Ethiopia ?

Safaricom in Kenya won't the same when in Ethiopia.

When in Ethiopia, it will employ Ethiopians, pay taxes there, and even sell stocks.
Click to expand...
Your initial comment was that "SafariCom is the UK's Vodafone subsidiary company. It has nothing to do with Kenyans."
Now you are shifting the goal post to Safaricom-Ethiopia vs Safaricom-Kenya. Of course Ethiopia and Ethiopians will benefit immensely from this deal. They will be getting $8Billion worth of investment but just so you know, whatever profits that Safaricom make in Ethiopia, 35% will go to GoK and another like 10% will go to Kenyan investors at the NSE with rest going to foreign investors. Also don't forget that cloud services that Safaricom provides to businesses will still have their physical servers hosted in Kenya, MPESA servers will also still be hosted in Kenya, so the more they expand in Ethiopia, the more they will need to expand their Data Center capacity which require more high skilled staff in Kenya.
Another thing you should also not forget is Safcom is listed at the NSE, so by expanding to Ethiopia, it will increase their profile causing investors to buy more shares thus increase the price per share raising the company's value... They could probably get an extra $300 - $500m at the NSE...money which will translate to more dividends to shareholders like GoK.
So whatever Safaricom does outside of Kenya has everything to do with Kenya, if they fail out there it could affect investor confidence not only for Safaricom stock price but all NSE listed firms in Kenya will tumble.
 
Can't wait to see what kind of knockon effect this has on the ICT sector in the region
 
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