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Author Topic: Safaricom to enter Ethiopia  (Read 997 times)

Offline RV Pundit

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Safaricom to enter Ethiopia
« on: May 22, 2021, 09:59:28 PM »
https://nation.africa/kenya/business/safaricom-consortium-wins-ethiopia-licence-bid-on-sh91-8bn-offer-3410168

Offline KenyanPlato

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Re: Safaricom to enter Ethiopia
« Reply #1 on: May 23, 2021, 12:11:32 AM »
This is big.

Offline Arcadian_Dreamer

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Re: Safaricom to enter Ethiopia
« Reply #2 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.
Sleep is good, death is better; but of course, The best would be never to have been born at all.

Offline Nowayhaha

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Re: Safaricom to enter Ethiopia
« Reply #3 on: May 23, 2021, 05:25:48 AM »
They said of the same when Zain came to Kenya and took Kencell.

Offline KenyanPlato

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Re: Safaricom to enter Ethiopia
« Reply #4 on: May 23, 2021, 01:43:28 PM »
My shares should do well

Offline RV Pundit

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Re: Safaricom to enter Ethiopia
« Reply #5 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.
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