Does safaricom have a future?

[Githunguri]

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(1) It no longer holds data monopoly...you have shared teleco infrastructure with other operators like faiba airtel zuku etc.

(2) Voice and sms competition from other mobile operators like airtel who have very good rates...and secondly from apps like WhatsApp.

I buy airtel minutes which are very cheap and faiba internet packages of 30bob a day 1GB while the Same at safaricom is 100 Bob a day.

(3) Cashless transaction's...At the filling stations I pay using visa or paybill.rarely no need for cash..same case with supermarket..even at local shops..I think this is affecting Mpesa agents greatly.

I don't think holding safaricom shares anymore makes sense.

[RV Pundit]

Nonsense - Safaricom is running one world busiest payment system - MPESA - and cashing money every milisecond. That is where most of their money and profit is coming from.

[RV Pundit]

Mpesa already beat VISA worldwide.

They do two transactions every milisecond.

The report shows that M-Pesa processed 2,000 transactions every second in the past financial year, compared to 1,800 transactions per second the previous year.Jul 13, 2022

[Githunguri]

Nonsense - Safaricom is running one world busiest payment system - MPESA - and cashing money every milisecond. That is where most of their money and profit is coming from.

DONT MIX ISSUES.

(1) Voice.

Airtel,Faiba,Telecom have cheaper calls than safaricom,Refer to Communication authority latest report.

Secondly,VOIP calls WhatsApp Viber etc are already outcompeting telecoms with free calls and internet penetration.

(2) INTERNET

(a) Fiber is being rolled out everywhere.Safaricom Faiba Zuku and with shared infrastructure,I don't see saf dominating for long.

(b) Faiba Airtel have cheaper bundles and same efficiency as safaricom.So why should I buy 1GB at saf for 100 Bob while I can buy Faiba 2.5GB 3 days at 100.

(3) Lipa na Mpesa will bury M-pesa agents slowly.Lipa na Mpesa charges about 2bob per transaction while safaricom withdrawal ranges from 10-200+ Bob depending on the amount transacted.So many people are opting Lipa na Mpesa Vs withdrawal which is expensive.Why should I withdrawal 100 Bob with 10 bob while I can directly pay 100 Bob with 1 Bob transaction cost?

Another case,I can directly pay you from my bank account.so the next Ultimate will be the consolidation and integration of payment infrastructure across all mobile operators and financial institutions and erode Mpesa dominance.

Now go google,post links and continue typing endlessly.

AM OUT.

[RV Pundit]

MPESA is now central to Safaricom and they dont need agents - infact less agents - less profit sharing - they need Hustler funds or fuliza or bettings - gazillion transactions - where they get % of transacton fee.

If they do 10 billion transactions per year - and get 20shs per transaction - that is clean 200B kshs - a lot of money. Fuliza. SportPesa. Hustler fund. Those are thing safaricom need....Lipa na Mpesa of course - billions of transactons.

And there are not many human involved - just servers running non-stop.

Nonsense - Safaricom is running one world busiest payment system - MPESA - and cashing money every milisecond. That is where most of their money and profit is coming from.

DONT MIX ISSUES.

(1) Voice.

Airtel,Faiba,Telecom have cheaper calls than safaricom,Refer to Communication authority latest report.

Secondly,VOIP calls WhatsApp Viber etc are already outcompeting telecoms with free calls and internet penetration.

(2) INTERNET

(a) Fiber is being rolled out everywhere.Safaricom Faiba Zuku and with shared infrastructure,I don't see saf dominating for long.

(b) Faiba Airtel have cheaper bundles and same efficiency as safaricom.So why should I buy 1GB at saf for 100 Bob while I can buy Faiba 2.5GB 3 days at 100.

(3) Lipa na Mpesa will bury M-pesa agents slowly.Lipa na Mpesa charges about 2bob per transaction while safaricom withdrawal ranges from 10-200+ Bob depending on the amount transacted.So many people are opting Lipa na Mpesa Vs withdrawal which is expensive.Why should I withdrawal 100 Bob with 10 bob while I can directly pay 100 Bob with 1 Bob transaction cost?

Another case,I can directly pay you from my bank account.so the next Ultimate will be the consolidation and integration of payment infrastructure across all mobile operators and financial institutions and erode Mpesa dominance.

Now go google,post links and continue typing endlessly.

AM OUT.

[Githunguri]

MPESA is now central to Safaricom and they dont need agents - infact less agents - less profit sharing - they need Hustler funds or fuliza or bettings - gazillion transactions - where they get % of transacton fee.

If they do 10 billion transactions per year - and get 20shs per transaction - that is clean 200B kshs - a lot of money. Fuliza. SportPesa. Hustler fund. Those are thing safaricom need....Lipa na Mpesa of course - billions of transactons.

And there are not many human involved - just servers running non-stop.

Nonsense - Safaricom is running one world busiest payment system - MPESA - and cashing money every milisecond. That is where most of their money and profit is coming from.

DONT MIX ISSUES.

(1) Voice.

Airtel,Faiba,Telecom have cheaper calls than safaricom,Refer to Communication authority latest report.

Secondly,VOIP calls WhatsApp Viber etc are already outcompeting telecoms with free calls and internet penetration.

(2) INTERNET

(a) Fiber is being rolled out everywhere.Safaricom Faiba Zuku and with shared infrastructure,I don't see saf dominating for long.

(b) Faiba Airtel have cheaper bundles and same efficiency as safaricom.So why should I buy 1GB at saf for 100 Bob while I can buy Faiba 2.5GB 3 days at 100.

(3) Lipa na Mpesa will bury M-pesa agents slowly.Lipa na Mpesa charges about 2bob per transaction while safaricom withdrawal ranges from 10-200+ Bob depending on the amount transacted.So many people are opting Lipa na Mpesa Vs withdrawal which is expensive.Why should I withdrawal 100 Bob with 10 bob while I can directly pay 100 Bob with 1 Bob transaction cost?

Another case,I can directly pay you from my bank account.so the next Ultimate will be the consolidation and integration of payment infrastructure across all mobile operators and financial institutions and erode Mpesa dominance.

Now go google,post links and continue typing endlessly.

AM OUT.

Two issues.

(1) You cannot disregard M-pesa agents.Safaricom paid them I think over 30BN last year from commissions,I don't know how they share profits but I think it made more than 30BN profit from these agents.So your argument doesn't hold.

(2) On the issue of Safaricom being a payment platform.I think you need to understand agents make more money than Lipa na M-pesa platform. AGENT WITHDRAWAL IS MORE PROFITABLE THAN DIGITAL TRANSACTION.

(3) Banks and online platforms.Nowadays I can use PayPal to send money to my equity Bank account and withdrawal that money in any equity agent outlet.Whats my point? safaricom doesn't have monopoly in digital payment solutions.you have other players like sendwave PayPal world remitt and banks like equity which offer payment solutions.Infact nowadays I can even send money from KCB to NCBA using my phone and completely bypass Safaricom.so you are overating it.

(4) I think out of 500BN Fuliza loans, safaricom profit is I think 5BN annually.As a percentage of Mpesa agent revenue,How much is it?

STOP THIS ARGUMENT PUNDIT.You are exposing your stupidity.

[RV Pundit]

when you run big business SCALABITY is more important than margins.
You're pushing volumes. Not margins. Multplication. Not addition.
That is why Ndengwa is there with his fast moving good experience.
You can make more from 200k agents
Or make even more from billion of transactions.
MPESA is going for scalability.
The 6B profit they made from Fuliza was zero three years ago.
Many companies including kengen would die for 6B profit.
Hustler fund may give them another 6B profit
That in two products is crazy money.

Safaricom core business was voice - now it's mpesa.

And m-pesa is to look for anything that can bring as many transactions as possible with a little cost as possible.

All these algorithm based lending and betting are holy grail of safaricom. Just servers working magic and making them money with zero humans.

Two issues.

(1) You cannot disregard M-pesa agents.Safaricom paid them I think over 30BN last year from commissions,I don't know how they share profits but I think it made more than 30BN profit from these agents.So your argument doesn't hold.

(2) On the issue of Safaricom being a payment platform.I think you need to understand agents make more money than Lipa na M-pesa platform. AGENT WITHDRAWAL IS MORE PROFITABLE THAN DIGITAL TRANSACTION.

(3) Banks and online platforms.Nowadays I can use PayPal to send money to my equity Bank account and withdrawal that money in any equity agent outlet.Whats my point? safaricom doesn't have monopoly in digital payment solutions.you have other players like sendwave PayPal world remitt and banks like equity which offer payment solutions.Infact nowadays I can even send money from KCB to NCBA using my phone and completely bypass Safaricom.so you are overating it.

(4) I think out of 500BN Fuliza loans, safaricom profit is I think 5BN annually.As a percentage of Mpesa agent revenue,How much is it?

STOP THIS ARGUMENT PUNDIT.You are exposing your stupidity.

[gout]

Safricom innovations will keep being rewarded. That is why laggards like Airtel and Telkom will be cry babies waiting for government to enable them ride on Safaricom's investments. Ethiopia in the bag already as Airtel is unable to handle its markets. Next DRC, hopeless South Sudan, Somali?? Uganda. Kick out MTN out of East Africa. We have always been looking for an ambitious company like Safaricom and Equity.

[RV Pundit]

Yes they unshackled from vodafone; now they need to unshackle from vodacom; I am glad gov has taken control; kicked out vodacom from chair and ceo; now safaricom can compete in other markets with even vodacom.

Gov basically has resume 60 percent control

Safricom innovations will keep being rewarded. That is why laggards like Airtel and Telkom will be cry babies waiting for government to enable them ride on Safaricom's investments. Ethiopia in the bag already as Airtel is unable to handle its markets. Next DRC, hopeless South Sudan, Somali?? Uganda. Kick out MTN out of East Africa. We have always been looking for an ambitious company like Safaricom and Equity.

[Georgesoros]

Nonsense - Safaricom is running one world busiest payment system - MPESA - and cashing money every milisecond. That is where most of their money and profit is coming from.

He is talking about infrastructure..

[Githunguri]

Nonsense - Safaricom is running one world busiest payment system - MPESA - and cashing money every milisecond. That is where most of their money and profit is coming from.

He is talking about infrastructure..

Precisely-INFRASTRUCTURE.

Think both local and international.

Banks like equity own mobile line,have visa cards and MasterCard,online payment like PayPal escrow sendwave etc

SEE THE RESULTS.

https://www.businessdailyafrica.com/bd/markets/capital-markets/equity-bank-remittance-volumes-up-to-sh107bn-2299180

I think we are talking about the integration of telecoms banks and technology and I think for me the company will invest in research and development will make progress.

Look at remittances I think remittances back to Kenya today are over 400BN....With equity Bank I can load my money in PayPal and then straight to my equity account and then to equitel and withdrawal from any equitel agent in Kenya and bypass Mpesa...that way equity Bank processes over 150BN of remittances in Kenya I don't know what market shares is that but it's huge...earnings in processing fees.

So I think safaricom is overrated.

[RV Pundit]

Safaricom process trillions; I think already 30 trillion; 3 times kenya GDP; and also owns M-pesa Africa 50% with vodafone.
Safaricom is beheemoth.
https://www.pd.co.ke/business/m-pesas-transactions-hits-sh30-trillion-126812/

James Mwangi Equitel is a failure - he should have accepted to leverage MPESA - Uhuru bank NCBA has done better.

Nonsense - Safaricom is running one world busiest payment system - MPESA - and cashing money every milisecond. That is where most of their money and profit is coming from.

He is talking about infrastructure..

Precisely-INFRASTRUCTURE.

Think both local and international.

Banks like equity own mobile line,have visa cards and MasterCard,online payment like PayPal escrow sendwave etc

SEE THE RESULTS.

https://www.businessdailyafrica.com/bd/markets/capital-markets/equity-bank-remittance-volumes-up-to-sh107bn-2299180

I think we are talking about the integration of telecoms banks and technology and I think for me the company will invest in research and development will make progress.

Look at remittances I think remittances back to Kenya today are over 400BN....With equity Bank I can load my money in PayPal and then straight to my equity account and then to equitel and withdrawal from any equitel agent in Kenya and bypass Mpesa...that way equity Bank processes over 150BN of remittances in Kenya I don't know what market shares is that but it's huge...earnings in processing fees.

So I think safaricom is overrated.

[Githunguri]

Safaricom process trillions; I think already 30 trillion; 3 times kenya GDP; and also owns M-pesa Africa 50% with vodafone.
Safaricom is beheemoth.
https://www.pd.co.ke/business/m-pesas-transactions-hits-sh30-trillion-126812/

James Mwangi Equitel is a failure - he should have accepted to leverage MPESA - Uhuru bank NCBA has done better.

Nonsense - Safaricom is running one world busiest payment system - MPESA - and cashing money every milisecond. That is where most of their money and profit is coming from.

He is talking about infrastructure..

Precisely-INFRASTRUCTURE.

Think both local and international.

Banks like equity own mobile line,have visa cards and MasterCard,online payment like PayPal escrow sendwave etc

SEE THE RESULTS.

https://www.businessdailyafrica.com/bd/markets/capital-markets/equity-bank-remittance-volumes-up-to-sh107bn-2299180

I think we are talking about the integration of telecoms banks and technology and I think for me the company will invest in research and development will make progress.

Look at remittances I think remittances back to Kenya today are over 400BN....With equity Bank I can load my money in PayPal and then straight to my equity account and then to equitel and withdrawal from any equitel agent in Kenya and bypass Mpesa...that way equity Bank processes over 150BN of remittances in Kenya I don't know what market shares is that but it's huge...earnings in processing fees.

So I think safaricom is overrated.

https://equitygroupholdings.com/equity-group-reports-first-half-performance-that-reflects-business-transformation-recovery-and-resilience/

Let's compare equity Vs safaricom 2021.

SAFARICOM.
Safaricom annual profit in 2021 was I think 67BN after tax...I think we need to distinguish between REVENUE AND INCOME...Out of the 107BN M-Pesa revenue...I think about 40BN went to the agents so out of that money you also need to deduct both direct and indirect costs..so can you tell us Out of the 67BN annual safaricom profit,How much percentage of that profit was from NOT M-PESA AGENT but transaction?
I also told you that most Kenyans are going Cashless which will see death of Mpesa agents and safaricom makes more money from agents than Lipa na Mpesa.

EQUITY.
Its annual profit was 40BN after tax..Out of that money,It made transaction income of 10.4BN.If you remove Mpesa agents from Safaricom how much transaction income did safaricom make after equity?Table here.

Secondly,When CBK REMOVED BANK TO MPESA transaction fees,equity Bank lost 3BN in revenues from these transaction fees.Now CBK has reinstated them so expect more transaction income.

Lastly,Equity bank Digital transactions in 2021 stood at 4.4TN 400% up from 1.2TN..Equitel processed 1.36TN of transactions representing at 62% growth and Merchant transactions which can be equated to Lipa na Mpesa were up 400% to 52.MN transactions.

So with this growth in equitel,digital and Merchant transactions and the gov reinstatement of bank to Mpesa transaction I expect equity transaction income which can be compare to Mpesa income to be over 15BN this financial year and to rise above Mpesa in coming years.

Wacha story.

[RV Pundit]

You're comparing Equity Group - with subsidiaries in almost 10 countries - with Safaricom.
Safaricom net profit is around 70B.
MPESA alone is 50B....
So Safaricom is definitely making more money from Fintech than their core business of Telkom.
You cant compare safaricom transactions with Equity - day and night

Safaricom process trillions; I think already 30 trillion; 3 times kenya GDP; and also owns M-pesa Africa 50% with vodafone.
Safaricom is beheemoth.
https://www.pd.co.ke/business/m-pesas-transactions-hits-sh30-trillion-126812/

James Mwangi Equitel is a failure - he should have accepted to leverage MPESA - Uhuru bank NCBA has done better.

Nonsense - Safaricom is running one world busiest payment system - MPESA - and cashing money every milisecond. That is where most of their money and profit is coming from.

He is talking about infrastructure..

Precisely-INFRASTRUCTURE.

Think both local and international.

Banks like equity own mobile line,have visa cards and MasterCard,online payment like PayPal escrow sendwave etc

SEE THE RESULTS.

https://www.businessdailyafrica.com/bd/markets/capital-markets/equity-bank-remittance-volumes-up-to-sh107bn-2299180

I think we are talking about the integration of telecoms banks and technology and I think for me the company will invest in research and development will make progress.

Look at remittances I think remittances back to Kenya today are over 400BN....With equity Bank I can load my money in PayPal and then straight to my equity account and then to equitel and withdrawal from any equitel agent in Kenya and bypass Mpesa...that way equity Bank processes over 150BN of remittances in Kenya I don't know what market shares is that but it's huge...earnings in processing fees.

So I think safaricom is overrated.

https://equitygroupholdings.com/equity-group-reports-first-half-performance-that-reflects-business-transformation-recovery-and-resilience/

Let's compare equity Vs safaricom 2021.

SAFARICOM.
Safaricom annual profit in 2021 was I think 67BN after tax...I think we need to distinguish between REVENUE AND INCOME...Out of the 107BN M-Pesa revenue...I think about 40BN went to the agents so out of that money you also need to deduct both direct and indirect costs..so can you tell us Out of the 67BN annual safaricom profit,How much percentage of that profit was from NOT M-PESA AGENT but transaction?
I also told you that most Kenyans are going Cashless which will see death of Mpesa agents and safaricom makes more money from agents than Lipa na Mpesa.

EQUITY.
Its annual profit was 40BN after tax..Out of that money,It made transaction income of 10.4BN.If you remove Mpesa agents from Safaricom how much transaction income did safaricom make after equity?Table here.

Secondly,When CBK REMOVED BANK TO MPESA transaction fees,equity Bank lost 3BN in revenues from these transaction fees.Now CBK has reinstated them so expect more transaction income.

Lastly,Equity bank Digital transactions in 2021 stood at 4.4TN 400% up from 1.2TN..Equitel processed 1.36TN of transactions representing at 62% growth and Merchant transactions which can be equated to Lipa na Mpesa were up 400% to 52.MN transactions.

So with this growth in equitel,digital and Merchant transactions and the gov reinstatement of bank to Mpesa transaction I expect equity transaction income which can be compare to Mpesa income to be over 15BN this financial year and to rise above Mpesa in coming years.

Wacha story.

[Githunguri]

You're comparing Equity Group - with subsidiaries in almost 10 countries - with Safaricom.
Safaricom net profit is around 70B.
MPESA alone is 50B....
So Safaricom is definitely making more money from Fintech than their core business of Telkom.
You cant compare safaricom transactions with Equity - day and night

Safaricom process trillions; I think already 30 trillion; 3 times kenya GDP; and also owns M-pesa Africa 50% with vodafone.
Safaricom is beheemoth.
https://www.pd.co.ke/business/m-pesas-transactions-hits-sh30-trillion-126812/

James Mwangi Equitel is a failure - he should have accepted to leverage MPESA - Uhuru bank NCBA has done better.

Nonsense - Safaricom is running one world busiest payment system - MPESA - and cashing money every milisecond. That is where most of their money and profit is coming from.

He is talking about infrastructure..

Precisely-INFRASTRUCTURE.

Think both local and international.

Banks like equity own mobile line,have visa cards and MasterCard,online payment like PayPal escrow sendwave etc

SEE THE RESULTS.

https://www.businessdailyafrica.com/bd/markets/capital-markets/equity-bank-remittance-volumes-up-to-sh107bn-2299180

I think we are talking about the integration of telecoms banks and technology and I think for me the company will invest in research and development will make progress.

Look at remittances I think remittances back to Kenya today are over 400BN....With equity Bank I can load my money in PayPal and then straight to my equity account and then to equitel and withdrawal from any equitel agent in Kenya and bypass Mpesa...that way equity Bank processes over 150BN of remittances in Kenya I don't know what market shares is that but it's huge...earnings in processing fees.

So I think safaricom is overrated.

https://equitygroupholdings.com/equity-group-reports-first-half-performance-that-reflects-business-transformation-recovery-and-resilience/

Let's compare equity Vs safaricom 2021.

SAFARICOM.
Safaricom annual profit in 2021 was I think 67BN after tax...I think we need to distinguish between REVENUE AND INCOME...Out of the 107BN M-Pesa revenue...I think about 40BN went to the agents so out of that money you also need to deduct both direct and indirect costs..so can you tell us Out of the 67BN annual safaricom profit,How much percentage of that profit was from NOT M-PESA AGENT but transaction?
I also told you that most Kenyans are going Cashless which will see death of Mpesa agents and safaricom makes more money from agents than Lipa na Mpesa.

EQUITY.
Its annual profit was 40BN after tax..Out of that money,It made transaction income of 10.4BN.If you remove Mpesa agents from Safaricom how much transaction income did safaricom make after equity?Table here.

Secondly,When CBK REMOVED BANK TO MPESA transaction fees,equity Bank lost 3BN in revenues from these transaction fees.Now CBK has reinstated them so expect more transaction income.

Lastly,Equity bank Digital transactions in 2021 stood at 4.4TN 400% up from 1.2TN..Equitel processed 1.36TN of transactions representing at 62% growth and Merchant transactions which can be equated to Lipa na Mpesa were up 400% to 52.MN transactions.

So with this growth in equitel,digital and Merchant transactions and the gov reinstatement of bank to Mpesa transaction I expect equity transaction income which can be compare to Mpesa income to be over 15BN this financial year and to rise above Mpesa in coming years.

Wacha story.

Equity is in 7 countries.Its not stagnant too.its growing .

Out of the 280BN safaricom revenue..107BN is from Mpesa which is about 38% of revenues...remember most of this money is from agent so after commissions of about 40BN and direct and indirect costs the profit of these revenues go down and there is no way they can be 50BN so your argument is foolish.

Financial technology isnt just Mpesa...It's that credit card visa car Equitel Mpesa PayPal pesapal escrow sendwave world remit...linking the visa card with mobile money with online apps and stores etc etc.

In conclusion,Equity is growing at 400% with resumption of bank to phone fees I think growth will be I think 500%.Profits will be over 15BN from transaction costs this year.

Your argument doesn't hold...Let everybody go here.

https://equitygroupholdings.com/equity-group-reports-first-half-performance-that-reflects-business-transformation-recovery-and-resilience/

[RV Pundit]

Why dont you grow up from your slums of Kiandutu?

You and the Kumbe Kumbe from Bungoma - Audacity of dope - go slow on matusi - this family friendly forum - deal with your political frustration kwa kipole.

Mpesa alone in gross profit beat Safaricom 7 country operation -  who half year was 24B.

Safaricom is a beast - and mpesa is the reason - and now with Ethiopia - a 100M market - it going to become a giant

M-Pesa made Sh50 billion for Safaricom, contributing to almost 49% of the company's earnings.

— Business Daily

— Moe (@moneyacademyKE) July 11, 2022

 Safaricom PLC has recorded KSh 50 billion in gross profit from its mobile money services, M-Pesa, according to the financial report for the year ending March 2022. Safaricom M-Pesa's revenue made significant increase since Peter Ndegwa took over as CEO.Jul 11, 2022

Equity is in 7 countries.Its not stagnant too.its growing .

Out of the 280BN safaricom revenue..107BN is from Mpesa which is about 38% of revenues...remember most of this money is from agent so after commissions of about 40BN and direct and indirect costs the profit of these revenues go down and there is no way they can be 50BN so your argument is foolish.

Financial technology isnt just Mpesa...It's that credit card visa car Equitel Mpesa PayPal pesapal escrow sendwave world remit...linking the visa card with mobile money with online apps and stores etc etc.

In conclusion,Equity is growing at 400% with resumption of bank to phone fees I think growth will be I think 500%.Profits will be over 15BN from transaction costs this year.

Your argument doesn't hold...Let everybody go here.

https://equitygroupholdings.com/equity-group-reports-first-half-performance-that-reflects-business-transformation-recovery-and-resilience/

[Githunguri]

Why dont you grow up from your slums of Kiandutu?

You and the Kumbe Kumbe from Bungoma - Audacity of dope - go slow on matusi - this family friendly forum - deal with your political frustration kwa kipole.

Mpesa alone in gross profit beat Safaricom 7 country operation -  who half year was 24B.

Safaricom is a beast - and mpesa is the reason - and now with Ethiopia - a 100M market - it going to become a giant

M-Pesa made Sh50 billion for Safaricom, contributing to almost 49% of the company's earnings.

— Business Daily

— Moe (@moneyacademyKE) July 11, 2022

 Safaricom PLC has recorded KSh 50 billion in gross profit from its mobile money services, M-Pesa, according to the financial report for the year ending March 2022. Safaricom M-Pesa's revenue made significant increase since Peter Ndegwa took over as CEO.Jul 11, 2022

Equity is in 7 countries.Its not stagnant too.its growing .

Out of the 280BN safaricom revenue..107BN is from Mpesa which is about 38% of revenues...remember most of this money is from agent so after commissions of about 40BN and direct and indirect costs the profit of these revenues go down and there is no way they can be 50BN so your argument is foolish.

Financial technology isnt just Mpesa...It's that credit card visa car Equitel Mpesa PayPal pesapal escrow sendwave world remit...linking the visa card with mobile money with online apps and stores etc etc.

In conclusion,Equity is growing at 400% with resumption of bank to phone fees I think growth will be I think 500%.Profits will be over 15BN from transaction costs this year.

Your argument doesn't hold...Let everybody go here.

https://equitygroupholdings.com/equity-group-reports-first-half-performance-that-reflects-business-transformation-recovery-and-resilience/

What is gross profit?

 It does not include debt expenses, taxes, or all of the other expenses involved in running the company.So after deducting all those from 50BN,How much did M-pesa make net?

[Githunguri]

(A) Profit before Tax was 102BN.. Mpesa made 50BN which was 49%.

(b) Profit after Tax was 67BN...so 49% of 67BN was 32BN.

(C) So Mpesa Net profit was 32BN

Out of the 32BN Mpesa Net profit.We need to know the following.
 
I think 5BN of the 32BN was from Fuliza.

We remain with 27BN..Majority of it is from Mpesa agent I think maybe 40%...so transaction fees profit or profit from Lipa na Mpesa is about 11-12BN while equitel transaction fees profit is 10BN...Like I said..once bank to Mpesa fees are back in January and rise in digital transaction..equity will hit over 20BN in transaction fee income.

Mpesa is doing well but it's overated.

[RV Pundit]

Equitel transactions are tracked by CA.
They are not even 2% of mobile transactions.
Equity group - makes about 50% from kenya, 20% from DRC, Uganda and the rest.
Equity is growing fast - and so are other banks like KCB, COOP, NCBA and DTB
But now that Safaricom has also gone international - they simply have no hopes.
Safaricom is making money from MPESA Africa and will soon make more from Ethiopia.

If I had to invest I would pick 1) Safaricom 2) Equity Group 3) KCB - those three are likiest to become continental giants

(A) Profit before Tax was 102BN.. Mpesa made 50BN which was 49%.

(b) Profit after Tax was 67BN...so 49% of 67BN was 32BN.

(C) So Mpesa Net profit was 32BN

Out of the 32BN Mpesa Net profit.We need to know the following.
 
I think 5BN of the 32BN was from Fuliza.

We remain with 27BN..Majority of it is from Mpesa agent I think maybe 40%...so transaction fees profit or profit from Lipa na Mpesa is about 11-12BN while equitel transaction fees profit is 10BN...Like I said..once bank to Mpesa fees are back in January and rise in digital transaction..equity will hit over 20BN in transaction fee income.

Mpesa is doing well but it's overated.

[Githunguri]

Equitel transactions are tracked by CA.
They are not even 2% of mobile transactions.
Equity group - makes about 50% from kenya, 20% from DRC, Uganda and the rest.
Equity is growing fast - and so are other banks like KCB, COOP, NCBA and DTB
But now that Safaricom has also gone international - they simply have no hopes.
Safaricom is making money from MPESA Africa and will soon make more from Ethiopia.

If I had to invest I would pick 1) Safaricom 2) Equity Group 3) KCB - those three are likiest to become continental giants

(A) Profit before Tax was 102BN.. Mpesa made 50BN which was 49%.

(b) Profit after Tax was 67BN...so 49% of 67BN was 32BN.

(C) So Mpesa Net profit was 32BN

Out of the 32BN Mpesa Net profit.We need to know the following.
 
I think 5BN of the 32BN was from Fuliza.

We remain with 27BN..Majority of it is from Mpesa agent I think maybe 40%...so transaction fees profit or profit from Lipa na Mpesa is about 11-12BN while equitel transaction fees profit is 10BN...Like I said..once bank to Mpesa fees are back in January and rise in digital transaction..equity will hit over 20BN in transaction fee income.

Mpesa is doing well but it's overated.

I meant equity not Equitel...

If I was a tech person like you with some little money..I wouldn't waste my time proving how I know everything...I wouldn't invest in those companies...I'd have my own fintech...broker airtime..broker remittances sending...broker online payment...partner with e-commerce sites in Asia etc

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