bankelele

  • IPO Day 3: Mostly Safaricom

    Posted: March 18, 2008, 3:52 pm by bankelele
    - What do you know? The IPO's official site is inactive/inaccessible a day after going live.
    - For anyone new to Safaricom here’s how they became so successful

    News Bits

    - Safaricom has introduced an airtime voucher worth just 20 shillings (~$0.30): what does that smaller sale unit say about the economy?
    - Bargains: Safaricom has halved the price of blackberry and is also selling Samba Modems for just Kshs. 3,000 ($42)
    - Air-wars: Good for Kenya Airways (KQ); Delta Airlines (US) has delayed their new service from New York to Nairobi (scheduled for June 08) to start in December owing to current market conditions. Bad for KQ; Emirates will start passenger services to the Guangzhou (China) in July 2008 four times weekly and convert to daily flights from December.
    - Why would Coca Cola introduce a Fanta Lite and sell it in the same bottle & packaging at 50/= instead of 40/=

    Jobs: Available at Safaricom and Google, while regulator, the Capital Markets Authority is still searching for a chief executive amidst the region’s largest ever IPO.
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Fish cakes

Alas a fish cake.

Yet more fish cakes

Guess what ... yeah ... fish cakes.

The end of the fish cakes

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