The East African (Nairobi)
21 April 2008
Will Safaricom remain as profitable in the future as it has been over the past few years?
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So what if econets it safaricom why no the other way round. You dont invest assuming that you make profits only loses are part of bagain. Their are so many products which have not even been thought of in kenya and safaricom can not offer them all. The potential is enomous go sagaricom go econet.
Ask Mobitelea. If safaricom wasnt going to be provitable, they would have surrenderd their shares wouldnt they? seriously speaking, why has the East African been so negative on anything Kenyan? Guys, are you from the moon? You seem to have missed the globalization boat! Globalization is all about absurdities of ethnic hatred where the most enterprising minorities (or majorities) in a country are crucified for being so because the freemarkets that have come with globalization favour the most industrious groups-not those groups that wait for the state to dish out none existing free goodies!Globalization is warped up and confused democratic ideals (eg free and fair elections-- my foot!)whose core values change with the whims of Washington, and it is misdirected and ruthless freemarks under which Econet, Telkom and Safaricom fall. You talked of and aped the "evils of monopoly" didnt you? Then why should safaricom have all the goodies? The two new comers should be forced to offer IPOs immediately.Let Kenyans have the choice of either laughing or crying all the way to the bank. They have been there before with DECI,sasanet, and other pyramids, without anyone coming to their rescue.Gamble is the word and they hate fellows like you who are so pessimistic and backward looking!