[kictanet] Fw: Equity Bank vs Safaricom :-Round 2

Tue Sep 16 22:00:29 EAT 2014

Mpesa succeeds primarily because of a strong distribution network. IMO Equity have the existing clientele and the resources to offer a product that can genuinely challenge Safaricom.

On 16 Sep 2014, at 20:11, "Ahmed Mohamed Maawy via kictanet" <kictanet at lists.kictanet.or.ke> wrote:

> With Ali on this one. Mobile Money is a gone case in Kenya. If Equity is really providing a value add service then its not through its mobile platform. Airtel, Yu and Orange all have far cheaper mobile money services. If there was a service that would be the first to topple M-Pesa it would have been Airtel Money. Heck, Airtel even offers cheaper call rates from Airtel to Safaricom than from Safaricom to Safaricom and they still are not getting customers. Did I mention their network coverage is even stronger?
> 
> And what would Equity need to do? Set up masts in as far as Kitui, or as far as Maralal, or as far as Isiolo? Theres a lot of work to be done before Equity becomes a service provider to even match the least established provider there is. They would be better off working with Yu mobile than working even against Safaricom. No offence.
> 
> So the business here is in the value add services, which is where mobile commerce comes in. What is done is done, the value add is what is the worth for now. Not the competition. Because competition already exists, no sense saturating it further.
> 
> On Tue, Sep 16, 2014 at 7:57 PM, McTim via kictanet <kictanet at lists.kictanet.or.ke> wrote:
> http://www.economist.com/blogs/baobab/2014/09/disrupting-mobile-banking-kenya
> 
> Does anyone know which network Equity is 'virtual" on?
> 
> rgds,
> 
> McTim
> 
> On Tue, Sep 16, 2014 at 10:03 AM, Sophia Bekele via kictanet <kictanet at lists.kictanet.or.ke> wrote:
> resting discussion on where mobile baking is going....
>  
> With best wishes,
> Sophia 
> Support our "YES" to .africa Campaign!
> www.dotconnectafrica.org
> Follow us on twitter and facebook
> Email us at: yes2dotafrica at dotconnectafrica.org
> Visit our press room
> - Nobody believes the official spokesman...but everybody trusts an unidentified source. -Ron Nesen
> - They stole without hiding because their father is the chief of police -GR
> ------------------------------------------------------------------------------------------------------
> Sophia Bekele (Ms), BS, MBA, C.I.S.A, C.C.S, CGEIT, CBS International, Inc ,Ca, USA/Africa +1 925-935-1589:US Tel;+1 925-818-4322:US cell; +251-91-120-1449 :ET; +254-703-250 969 Kenya Tel; +254-73695-7584 Cell, skype: sbekele, Bing:"sophia bekele"
> PRIVILEGED AND CONFIDENTIAL COMMUNICATION NOTICE. The information contained in this email message is legally privileged and confidential, and is intended solely for the uses of the addressee. Any unauthorized dissemination,distribution  or copying of this email is expressly prohibited. If you have received this email message in error, please notify the sender immediately and delete this message and any attachments.  Thank you.
> 
> 
> On Tuesday, September 16, 2014 7:52 AM, Ali Hussein via kictanet <kictanet at lists.kictanet.or.ke> wrote:
> 
> 
> @Walu
> 
> Lets wait and see...Many have written off Safaricom before. What I'm loving about this discussion though is the elephant in the room. I believe Kenyans are waiting for the next big thing. This mobile money thing has been hyped and flogged until its dead. The next big thing is mobile commerce. 
> 
> And I don't mean the 'Lipa na Mpesa' variety. 
> 
> I mean real m-commerce enablement - SME supply chain financing, invoice discounting etc. That's where the future is and that's why the KCB tie up is interesting. My only concern with that is that most banks (fortunately for Safaricom) are old school thinkers unwilling to venture into the unknown. 
> 
> This ship hasn't sailed yet. It remains to be seen who will be at the helm.
> 
> Ali Hussein
> 
> +254 770 906375 / 0713 601113
> 
> Twitter: @AliHKassim
> Skype: abu-jomo
> LinkedIn: http://ke.linkedin.com/in/alihkassim
> Blog: www.alyhussein.com
> 
> "I fear the day technology will surpass human interaction. The world will have a generation of idiots".  ~ Albert Einstein
> 
> Sent from my iPad
> 
> On Sep 16, 2014, at 5:31 PM, Walubengo J <jwalu at yahoo.com> wrote:
> 
>> @Ali,
>> 
>> Equity is not just after Safaricom lunch, they are after their dinner as well :-).
>> 
>> This thin-SIM technology will do what Number Portability failed to do.  People are likely to "Vooka" onto Equity (cheaper) voice services without having to buy two phones or dual-SIM phones.  Equity mobile money value proposition, will have the side-effect of knock the breath out of Safaricom's voice revenues...fortunately, Safcom can see this, and they are not taking it kindly :-)
>> 
>> We are indeed living in very interesting times in .Ke
>> 
>> walu.
>> --------------------------------------------
>> On Tue, 9/16/14, Ali Hussein via kictanet <kictanet at lists.kictanet.or.ke> wrote:
>> 
>> Subject: Re: [kictanet] Equity Bank vs Safaricom :-Round 2
>> To: jwalu at yahoo.com
>> Date: Tuesday, September 16, 2014, 3:18 PM
>> 
>> Collins 
>> Well put. 
>> Walu, 
>> I'm keen to understand how a
>> technology which is a commodity ( read here that Safaricom
>> can also implement the same technology) can usurp
>> Safaricom's unassailable lead in this
>> space.
>> What's my
>> point? 
>> Technology is
>> an accelerator and NOT The Strategy in itself. Assume first
>> that what you can access in the open market (as opposed to
>> restricted technology under patent) your competitors can do
>> so too. We usually forget this but MPesa isn't even the
>> best mobile technology in the country. Not even by a long
>> short! They managed to capture their base through first
>> mover advantage and a positioning statement that was
>> apparently well received by Kenyans. And of course there is
>> the Network Effect of being ubiquitous in the
>> space.
>> Equity needs to
>> execute with excellence and not depend on the Technology to
>> take on Safaricom.
>> Needless to say I would love to be a
>> fly on the wall in the strategy sessions currently going on
>> in both companies. Careers will be made or broken on
>> this..no doubt about that.
>> Ali
>> Hussein
>> +254 770
>> 906375 / 0713 601113
>> Twitter: @AliHKassimSkype: abu-jomoLinkedIn: http://ke.linkedin.com/in/alihkassimBlog: www.alyhussein.com
>> 
>> "I fear the day
>> technology will surpass human interaction. The world will
>> have a generation of idiots".  ~ Albert
>> Einstein
>> Sent from my iPad
>> On Sep 16,
>> 2014, at 1:06 PM, Collins Areba via kictanet <kictanet at lists.kictanet.or.ke>
>> wrote:
>> 
>> "We are glad
>> to use this platform to deliver an extension service to our
>> customers, It is our heartfelt desire to satisfy our
>> customers first, and if technology affords us that
>> opportunity, we are obliged to take up on it. If the same
>> technology should allow us to interact with our customers,
>> and have an opportunity to give them voice and data
>> in the same breath, then why not, those would be extras to
>> the benefit of our client... "
>> 
>> Paraphrased from memory during an
>> interview on Citizen last week. I think this opens the game
>> wide Open, and For the Record, Safaricom should be given a
>> Commercial Banking license. 
>> 
>> My 10 Cents.
>> 
>> On Tue, Sep 16, 2014 at
>> 12:06 PM, Walubengo J via kictanet <kictanet at lists.kictanet.or.ke>
>> wrote:
>> Listers,
>> 
>> 
>> 
>> I thought you might find this interesting,
>> 
>> 
>> 
>> ----------------
>> 
>> After Equity Bank decided to directly play in the mobile
>> money market by issuing its own SIM cards, we debated
>> heatedly in a previous blog whether Safaricom had finally
>> met its match.  At the time, it was assumed that Equity
>> would be selling the traditional SIM card, which would
>> require customers to either buy dual SIM-card phones or
>> carry two phones in order to access services from two
>> existing providers.
>> 
>> 
>> 
>> Even within the inconvenient scenario above, Equity with its
>> large customer base was bound to pose some significant
>> competition to the leading mobile money provider
>> Safaricom.  The surprise, it seems, is the secret weapon
>> Equity unveiled recently in the form of a Thin-SIM
>> Card....
>> 
>> ------
>> 
>> Read more @
>> 
>> http://www.nation.co.ke/oped/blogs/dot9/walubengo/-/2274560/2453920/-/11d48l2z/-/index.html
>> 
>> 
>> 
>> 
>> 
>> 
>> 
>> 
>> 
>> 
>> 
>> _______________________________________________
>> 
>> kictanet mailing list
>> 
>> kictanet at lists.kictanet.or.ke
>> 
>> https://lists.kictanet.or.ke/mailman/listinfo/kictanet
>> 
>> 
>> 
>> Unsubscribe or change your options at https://lists.kictanet.or.ke/mailman/options/kictanet/arebacollins%40gmail.com
>> 
>> 
>> 
>> The Kenya ICT Action Network (KICTANet) is a
>> multi-stakeholder platform for people and institutions
>> interested and involved in ICT policy and regulation. The
>> network aims to act as a catalyst for reform in the ICT
>> sector in support of the national aim of ICT enabled growth
>> and development.
>> 
>> 
>> 
>> KICTANetiquette : Adhere to the same standards of acceptable
>> behaviors online that you follow in real life: respect
>> people's times and bandwidth, share knowledge, don't
>> flame or abuse or personalize, respect privacy, do not spam,
>> do not market your wares or qualifications.
>> 
>> 
>> 
>> 
>> -- 
>> Regards, 
>> 
>> Collins Areba, 
>> P.O Box 44441, 00100
>> Nairobi, Kenya. 
>> Tel: +254 707 750 788 / 720 516
>> 758
>> Twitter: @arebacollins.
>> Skype: arebacollins
>> 
>> 
>> _______________________________________________
>> kictanet mailing list
>> kictanet at lists.kictanet.or.ke
>> https://lists.kictanet.or.ke/mailman/listinfo/kictanet
>> 
>> Unsubscribe
>> or change your options at https://lists.kictanet.or.ke/mailman/options/kictanet/info%40alyhussein.com
>> 
>> The Kenya
>> ICT Action Network (KICTANet) is a multi-stakeholder
>> platform for people and institutions interested and involved
>> in ICT policy and regulation. The network aims to act as a
>> catalyst for reform in the ICT sector in support of the
>> national aim of ICT enabled growth and
>> development.
>> 
>> KICTANetiquette : Adhere to the same
>> standards of acceptable behaviors online that you follow in
>> real life: respect people's times and bandwidth, share
>> knowledge, don't flame or abuse or personalize, respect
>> privacy, do not spam, do not market your wares or
>> qualifications.
>> -----Inline Attachment Follows-----
>> 
>> _______________________________________________
>> kictanet mailing list
>> kictanet at lists.kictanet.or.ke
>> https://lists.kictanet.or.ke/mailman/listinfo/kictanet
>> 
>> Unsubscribe or change your
>> options at https://lists.kictanet.or.ke/mailman/options/kictanet/jwalu%40yahoo.com
>> 
>> The Kenya ICT Action Network
>> (KICTANet) is a multi-stakeholder platform for people and
>> institutions interested and involved in ICT policy and
>> regulation. The network aims to act as a catalyst for reform
>> in the ICT sector in support of the national aim of ICT
>> enabled growth and development.
>> 
>> KICTANetiquette : Adhere to the same standards
>> of acceptable behaviors online that you follow in real life:
>> respect people's times and bandwidth, share knowledge,
>> don't flame or abuse or personalize, respect privacy, do
>> not spam, do not market your wares or
>> qualifications.
> 
> _______________________________________________
> kictanet mailing list
> kictanet at lists.kictanet.or.ke
> https://lists.kictanet.or.ke/mailman/listinfo/kictanet
> 
> Unsubscribe or change your options at https://lists.kictanet.or.ke/mailman/options/kictanet/sophiabekele%40yahoo.com
> 
> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
> 
> KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
> 
> 
> 
> _______________________________________________
> kictanet mailing list
> kictanet at lists.kictanet.or.ke
> https://lists.kictanet.or.ke/mailman/listinfo/kictanet
> 
> Unsubscribe or change your options at https://lists.kictanet.or.ke/mailman/options/kictanet/dogwallah%40gmail.com
> 
> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
> 
> KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
> 
> 
> 
> -- 
> Cheers,
> 
> McTim
> "A name indicates what we seek. An address indicates where it is. A route indicates how we get there."  Jon Postel
> 
> _______________________________________________
> kictanet mailing list
> kictanet at lists.kictanet.or.ke
> https://lists.kictanet.or.ke/mailman/listinfo/kictanet
> 
> Unsubscribe or change your options at https://lists.kictanet.or.ke/mailman/options/kictanet/ultimateprogramer%40gmail.com
> 
> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
> 
> KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
> 
> 
> 
> -- 
> Ahmed Maawy
> Shaper - Global Shapers
> Executive Director - M-Power (CBO)
> Ambassador - Open Knowledge
> CTO - D8A, Appfrica Labs 
> (KE) +254 714 960 627
> Skype: ultimateprogramer
> 
> www.globalshapers.org
> www.okfn.org
> www.d8a.com
> www.appfrica.com
> www.apps4africa.org
> _______________________________________________
> kictanet mailing list
> kictanet at lists.kictanet.or.ke
> https://lists.kictanet.or.ke/mailman/listinfo/kictanet
> 
> Unsubscribe or change your options at https://lists.kictanet.or.ke/mailman/options/kictanet/mkipyegon%40outlook.com
> 
> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
> 
> KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://lists.kictanet.or.ke/pipermail/kictanet/attachments/20140916/453bd8f4/attachment.htm>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: smime.p7s
Type: application/pkcs7-signature
Size: 4832 bytes
Desc: not available
URL: <https://lists.kictanet.or.ke/pipermail/kictanet/attachments/20140916/453bd8f4/attachment.bin>