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

Wed Sep 17 11:30:46 EAT 2014

@ Harry D,

I did cover all your questions in the blog. I also thought Parliament (with all due respect to our very able Hon. MP, Eng J. Rege who sits on the respective committee) has jumped the gun and got involved too soon. They should let the regulator do their thing as per law.

Meanwhile, you and I know, there is nothing like 100% security (otherwise German Premier's phone would not have been bugged by the CIA :-) So rather than discuss how insecure the technology is, we should be discussing how to implement the technology with increased levels of assurance/security.

walu.

--------------------------------------------
On Wed, 9/17/14, Harry Delano via kictanet <kictanet at lists.kictanet.or.ke> wrote:

 Subject: Re: [kictanet] Fw: Equity Bank vs Safaricom :-Round 2
 To: jwalu at yahoo.com
 Date: Wednesday, September 17, 2014, 10:56 AM

 What about the headlines indicating
 Parliament has  to have a final say on this, based on
 alleged security ramifications posed by this new Thin-Sim
 Technology..  It is claimed that it's prone to hacks,
 attacks, DoS etc.. and  "will erode significantly the
 gains achieved so far in mobile money market.." Anyone
 with any idea where the technology currently implemented
 - 
 Harry
 On Tue, Sep 16, 2014 at
 10:00 PM, Mark Kipyegon via kictanet <kictanet at lists.kictanet.or.ke>
 wrote:
 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.orgFollow us on twitter and facebookEmail 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:
 @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 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.
 _______________________________________________

 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/harry26001%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.

 -----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.