Nipate

Forum => Kenya Discussion => Topic started by: RV Pundit on May 22, 2021, 09:59:28 PM

Title: Safaricom to enter Ethiopia
Post by: RV Pundit on May 22, 2021, 09:59:28 PM

https://nation.africa/kenya/business/safaricom-consortium-wins-ethiopia-licence-bid-on-sh91-8bn-offer-3410168

Title: Re: Safaricom to enter Ethiopia
Post by: KenyanPlato on May 23, 2021, 12:11:32 AM

This is big.

Title: Re: Safaricom to enter Ethiopia
Post by: Arcadian_Dreamer on May 23, 2021, 03:08:33 AM

Wish I bought Safaricom shares last time I was back home  :(

They will literally be minting money.

Title: Re: Safaricom to enter Ethiopia
Post by: Nowayhaha on May 23, 2021, 05:25:48 AM

They said of the same when Zain came to Kenya and took Kencell.

Title: Re: Safaricom to enter Ethiopia
Post by: KenyanPlato on May 23, 2021, 01:43:28 PM

My shares should do well

Title: Re: Safaricom to enter Ethiopia
Post by: RV Pundit on May 23, 2021, 10:56:58 PM

Yes this is huge - Ethiopia is 2nd only to Nigeria in population in SSA - and Ethiopian Telkom is in a mess.

Big problem - forex will not come out of Ethiopia - so Safaricom has to go in for a long term.