Jambass sugu to sell 6.01B Safaricom shares to Vodafone Kenya for KSh204.3B, cutting govt stake from 35% to 20%

Taking advice from ndindi nyoro.

You are an IDIOT! So you think its a good thing hapo Leseru when you sell your cow, goats, chicken, jembe, phone, mlango ya nyumba, dog etc and your are left with nothing kwa boma?.

1 Like

I mean I get it the government is desperate for cash but this are one off moves your reducing your asset positions for liquidity which is increasingly constrained by ballooning debt servicing ke is royally fiscally fucked.

So long as Peter Ndegwa leaves the company, I’m good.

1 Like

1 Like

Maybe government employees can have the morning tea again just like in the old days of 2018.

Like I give a sh*t if the CEO is a racist from mars,
For your money do you want better service or better feelings?

1 Like

Who is best placed to make it a trillion shillings company.

Gashangua , this is not a goat selling local morima market fool , Safari on is at its peak and decline is inevitable . Tech business has a timeline . Yapping about cows and goats like your fool wamunyoro

3 Likes

Siupeleke nyanyako aandikwe hiyo job ya Ndegwa? Wivu itawaua, just like market women.

4 Likes

I want Safaricom to go back to being a technology company that used to bring us pagers.

Remember these things? They were a pilot project by the department of teleposta that became an independent company, that grew into Safaricom.

How can the largest fintechn company in Kenya not have an AI policy by now?

1 Like

Michael Joseph obviously. He can simply fire everyone with a particularly neutral attitude.

Kubali matokeo. Riggy GGWP got too greedy as any sane person would have predicted. I’ve managed to outguess him at every turn and I haven’t even met him since 2010.

Huyo DO ni purebred mungich thro n thro. Unaskia he was banging the table at state hse akidai birrions. His appetite was too big Ndio jambass had to cut him loose

2 Likes

6 months ago, I warned senior elders like @Landlord to reign in foolish women’s nonsense as we’d seen with the gen z protests.

Are you satisfied with the outcome of your efforts?

Their shitty little ai bot, zuri, that won’t even do what you ask is all they have.

1 Like

The Ethiopian M-Pesa bet is still tied up in red tape as well, since their currency system isn’t compatible with what M-Pesa was designed for. It seems all that experience selling bottled products didn’t translate very well into technological development or decision making.

As expected of KASNEB education.

Incredible. Is it merely a function of their incompetence, or is it the result of having to deal with unreasonable regulatory hurdles?

It’s a closed financial system, as anyone who’s been to Ethiopia knows. It’s very difficult to move money in and out of the system both for financial and political reasons. M-Pesa needs access to central bank level data to maintain their service integrity.. and they’re not getting that. Even the UN itself had to concede.

1 Like