What safaricom's 1.2 Trillion profit means to Tanzanian firms.

What safaricom's 1.2 Trillion profit means to Tanzanian firms.

Kafrican said:
Mpesa contributes only 28% of safcom revenue... the rest is from normal telco service.. so even without mpesa, safcom would still be the largest public company Iin east and central africa ..


Btw did you know tgat Kenya has the 14th largest radio advert revenue in the world... and the 3rd largest Tv advert market in Africa after SA and Nigeria?

Kenyans spent Sh217b on adverts last year - Business Today News
Prior to 2016, Kenya’s largest advertising market was radio. Considering its small economy, Kenya has the largest radio advertising market in the Middle East and Africa region and the 14th-largest in the world. By 2021, it will generate more radio advertising revenue than Italy, a country with a bigger population and an economy more than 20 times larger,” reported PwC.



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What this tells you is that their is stiffer competition for customers from private companies in Kenya than in Tz , and the market in kenya is more open abd liberalized
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I must have missed this one.

Kenya being ahead doesn't bother me much about because i know with all devices in place, Tanzania has more room to grow and improve than Kenya.

What puzzles me the most is how can responsible gov allowed one company to control a particular sector unchallenged. Learn from professionals USA with Enron and Lehman brothers scandals. You might see safaricom as successful company but it's success came from the back if favoritism. GoK being regulators but at the same time is shareholder, so they tend to turn blind eye when it comes to safaricom investment practice. No one will win if they go head on head with safaricom with gov backing them.

I've mentioned this before, in Tanzania we tend to put value to the customers first than the value to the shareholders. With these kind of profits Kenyans should've asked themselves, isn't it this money was supposed to remain in our pockets and make us slightly richer?

You might sugarcoat competition in Kenya but companies like safaricom muscling their way in everything doesn't support your claim. Numerous times safaricom refuses to be broken up, they even refuse to take appropriate licences eg banking. You might say Kenya market is bigger but to who's experience, consumers? other businesses? KQ is another company which don't leave space for other to do business.
 
Kuna mtu mmoja nilitegemea kumkuta hapa, nashangaa nimemwahi!!
 
NairobiWalker said:
Kenya kuna
Telcom
Airtelfaiba
equitel etc.

Nyinyi wenye hamna monopoly mbona Telecommunication companies zenu zote hazifikii Safaricom? Alafu hata usianze mambo ya private juu in terms of private companies ndio tumewapiga 100 nil. Heri public mnaweza tutoa kijasho kidogo.
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The kenyan elites owns safaricom and intentionally suppressed other telecoms companies to enjoy the monopoly. In kenya when you talk about telecom companies, you mean safaricom. Which is quite different from Tanzania where competition is stiff.

Seems you don't have an important Fair Competition Commission. There is unjust competition in telecom sector.
 
eliakeem said:
The kenyan elites owns safaricom and intentionally suppressed other telecoms companies to enjoy the monopoly. In kenya when you talk about telecom companies, you mean safaricom. Which is quite different from Tanzania where competition is stiff.

Seems you don't have an important Fair Competition Commission. There is unjust competition in telecom sector.
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Experts on kenya with zero knowledge on kenyan matters. who owns Vodacom and other tz telcos. Safcom is a PLC. small shareholders from the streets number in thousands, tz vipi!Excuses and excuses....tunaongea kuhusu kipata....show us the money after the stiff competition in Tz...ya yap yap all day long!!!!
 
waltham said:
Excuses and excuses....tunaongea kuhusu kipata....show us the money after the stiff competition in Tz...ya yap yap all day long!!!!
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Ok show me the gain of the second runner-up (after safaricom) in telecom industry.
Ni vituko.
 
eliakeem said:
Ok show me the gain of the second runner-up after safaricom in telecom industry.
Ni vituko.
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you are still yapping nothing.....we are talking about safcom earnings being super cool. nobody even mentioned poor Tz telcos until your inferiority complex came calling on this thread!! go find whatever you want on those companies websites. I have zero interest there! And if it pleases you, post tanzanian telcos earnings here too big boss!
 
waltham said:
you are still yapping nothing.....we are talking about safcom earnings being super cool. nobody even mentioned poor Tz telcos until your inferiority complex came calling on this thread!! go find whatever you want on those companies websites. I have zero interest there! And if it pleases you, post tanzanian telcos earnings here too big boss!
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So why povu, I humbly asked if YOU can JUST open my eye on the gain of other companies of the industry. Umeanza kutukana. All in all, congrats for your mighty safaricom. But FCC is of utmost important.
 
eliakeem said:
So why povu, I humbly asked if YOU can JUST open my eye on the gain of other companies of the industry. Umeanza kutukana. All in all, congrats for your mighty safaricom. But FCC is of utmost important.
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Big bro, you are wise enough to get this simple info. this is not the forum for that. tembelea tovuti za hayo makampuni, utapata kujuzwa huko. jioni njema kaka!
 
Mwanzi1 said:
I must have missed this one.

Kenya being ahead doesn't bother me much about because i know with all devices in place, Tanzania has more room to grow and improve than Kenya.

What puzzles me the most is how can responsible gov allowed one company to control a particular sector unchallenged. Learn from professionals USA with Enron and Lehman brothers scandals. You might see safaricom as successful company but it's success came from the back if favoritism. GoK being regulators but at the same time is shareholder, so they tend to turn blind eye when it comes to safaricom investment practice. No one will win if they go head on head with safaricom with gov backing them.

I've mentioned this before, in Tanzania we tend to put value to the customers first than the value to the shareholders. With these kind of profits Kenyans should've asked themselves, isn't it this money was supposed to remain in our pockets and make us slightly richer?

You might sugarcoat competition in Kenya but companies like safaricom muscling their way in everything doesn't support your claim. Numerous times safaricom refuses to be broken up, they even refuse to take appropriate licences eg banking. You might say Kenya market is bigger but to who's experience, consumers? other businesses? KQ is another company which don't leave space for other to do business.
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Hmmm, what say you about Total Sa's dorminance in French petrochemicals, or Walmart's. grandeur in US retail, or even Bakhresa millers' dominance of the Tanzanian cereal milling sector.

Just for closure, Safaricom controls 65% of Kenya's telecoms sector, pretty much the same as what Bakhresa group controls (>60%) in the Tanzanian cereal milling sub sector.
 
eliakeem said:
The kenyan elites owns safaricom and intentionally suppressed other telecoms companies to enjoy the monopoly. In kenya when you talk about telecom companies, you mean safaricom. Which is quite different from Tanzania where competition is stiff.

Seems you don't have an important Fair Competition Commission. There is unjust competition in telecom sector.
Click to expand...
Are you trying to say in Tz it's the poor people who own vodacom, tigo et al?
 
NairobiWalker said:
Are you trying to say in Tz it's the poor people who own vodacom, tigo et al?
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I think you understand the meaning of (bourse) listed company.

But again if YOU can abreast me with the gain of the second runner-up after safaricom in telecom industry.
 
eliakeem said:
I think you understand the meaning of (bourse) listed company.

But again if YOU can abreast me with the gain of the second runner-up after safaricom in telecom industry.
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If you wanna know about the second runner-up to Safaricom, go to their website. Maybe you can compare it with Tanzania's companies too.
 
Mwanzi1 said:
I must have missed this one.

Kenya being ahead doesn't bother me much about because i know with all devices in place, Tanzania has more room to grow and improve than Kenya.

What puzzles me the most is how can responsible gov allowed one company to control a particular sector unchallenged. Learn from professionals USA with Enron and Lehman brothers scandals. You might see safaricom as successful company but it's success came from the back if favoritism. GoK being regulators but at the same time is shareholder, so they tend to turn blind eye when it comes to safaricom investment practice. No one will win if they go head on head with safaricom with gov backing them.

I've mentioned this before, in Tanzania we tend to put value to the customers first than the value to the shareholders. With these kind of profits Kenyans should've asked themselves, isn't it this money was supposed to remain in our pockets and make us slightly richer?

You might sugarcoat competition in Kenya but companies like safaricom muscling their way in everything doesn't support your claim. Numerous times safaricom refuses to be broken up, they even refuse to take appropriate licences eg banking. You might say Kenya market is bigger but to who's experience, consumers? other businesses? KQ is another company which don't leave space for other to do business.
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Wewe unaropokwa tu! Hujui historia ya Safaricom hata kidogo so wacha nikupe kiasi.

Remember Kencell? Hio ndio ilijuwa kampuni kuu nyakati zile late 90s and early 2000 wakati target customers wake walikuwa the corporates customers sababu they assumed that hapo ndipo hela zipo. However they were wrong. Alafu Kencell targeted the wealthy while Safcom set their sight in the mkenya wa kawaida. Safcom set a long term goal by forgoing profits in the short term and at the same time investing more on its network coverage beating Kencel/Zain/Celtel/Airtel.
At the time Kencel simcard cost shs.2500 while airtime shs.300 and after loading it get shs. 250 due to deductions amounting to 50 Bob...hapa ndipo Wanjiku alikasirika na kuhamia Safaricom the better option with M-pesa. Next time think before posting your IGNORANCE for the whole world to see.
 
Livale said:
Hmmm, what say you about Total Sa's dorminance in French petrochemicals, or Walmart's. grandeur in US retail, or even Bakhresa millers' dominance of the Tanzanian cereal milling sector.

Just for closure, Safaricom controls 65% of Kenya's telecoms sector, pretty much the same as what Bakhresa group controls (>60%) in the Tanzanian cereal milling sub sector.
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Read my post again I said, there is no responsible government will allow one particular company to dictate one or more particular sectors. You might pick examples here and there but the practice which is conducted by Safaricom is kind of unusual even for Safaricom parent company Vodafone. Tell us in last ten years which telecom company in Kenya has worn most of the contracts (gov and private). I'm not the one saying this, even people within the industry are saying this is unusual, some law makers in Kenya are saying the same.

https://www.nation.co.ke/business/T...split-into-two/996-4309724-11khh0m/index.html

Funny you brought up Bakhresa case, the information you quoted here it might be old and it happen during previous gov where if you know how to sweeten yourself up, you'll get anything you want, not responsible government of today. That 60% you just mentioned it will be squeezed by new government installation of grain storage countrywide. Look what is happening on Dar BRT, new players has just been announced to boost competition Look at MaxMalipo their domination brought down in favour of more competition.
 
mwaswast said:
Wewe unaropokwa tu! Hujui historia ya Safaricom hata kidogo so wacha nikupe kiasi.

Remember Kencell? Hio ndio ilijuwa kampuni kuu nyakati zile late 90s and early 2000 wakati target customers wake walikuwa the corporates customers sababu they assumed that hapo ndipo hela zipo. However they were wrong. Alafu Kencell targeted the wealthy while Safcom set their sight in the mkenya wa kawaida. Safcom set a long term goal by forgoing profits in the short term and at the same time investing more on its network coverage beating Kencel/Zain/Celtel/Airtel.
At the time Kencel simcard cost shs.2500 while airtime shs.300 and after loading it get shs. 250 due to deductions amounting to 50 Bob...hapa ndipo Wanjiku alikasirika na kuhamia Safaricom the better option with M-pesa. Next time think before posting your IGNORANCE for the whole world to see.
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Who are you to tell me what to post, I can post da hell I want to post here including my own underpants. Unabisha ? Haha.

Look hizi story unaleta hapa ni za zamani and to be frank irrelevant what is going with Safaricom today. They might start from the gutter and charge one bob fo their services, but what in question here is favoritism, and the way they undermining their competitors. No one will argue with their dominance if it was build on fairground, but when you eat everything on table and call yourself a saint, no one will believe you.
 
Mwanzi1 said:
Who are you to tell me what to post, I can post da hell I want to post here including my own underpants. Unabisha ? Haha.

Look hizi story unaleta hapa ni za zamani and to be frank irrelevant what is going with Safaricom today. They might start from the gutter and charge one bob fo their services, but what in question here is favoritism, and the way they undermining their competitors. No one will argue with their dominance if it was build on fairground, but when you eat everything on table and call yourself a saint, no one will believe you.
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Only 1 MNO makes profit in kenya- Safaricom. The rest make loses why?
Inter connection call charges are high
Mpesa is not interoperable with other m-payments
Government favourism
Large unrestrained marketing budget by Safcom pushes other players to bankrupcy
 
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