[kictanet] For those who think Safaricom is Dominant - Think Again..

[Barrack Otieno]

Indeed Ali,

You raise very valid points that are worth being considered.

Best Regards
On Feb 21, 2015 8:43 AM, "Ali Hussein via kictanet" <
kictanet at lists.kictanet.or.ke> wrote:

> Listers
>
> Isn't it time to reboot our thinking on Policy and Regulation to fit the
> current global situation?
>
> This story in Forbes just made me realize one fundamental flow in our
> thinking regarding the regulatory environment we live in today. Should we
> not totally re-invent the environment to suit the circumstances? Why should
> we let the FCC trail-blaze in Regulation? What do they know about mobile
> innovation and regulation? Why are we abdicating our global responsibility
> from a regulatory perspective when we lead the world in mobile innovation?
>
>
> http://www.forbes.com/sites/mfonobongnsehe/2015/02/19/somali-entrepreneur-raises-100-million-for-money-transfer-startup-worldremit/
>
> The world remittance market is $550b. What market share does Mpesa have?
> Let's not wallow in the hype and really make it happen. Today one in every
> three humans who use mobile money is a Kenyan. How does this translate to
> market share in this global stage. How many Indians/Chinese/Nigerians use
> Mpesa to remit money back home? That's the playground we must play in.
> After all isn't Kenya ground zero for all things mobile innovation?
>
>
> http://blogs.worldbank.org/africacan/how-kenya-became-a-world-leader-for-mobile-money
>
> Instead of trying to stifle local based companies let's give them the
> boost they require to  become truly global.
>
> Here's what I think should happen. (Forgive me for being presumptive) but
> The Govt should cultivate BFF Status (my daughter tells me BFF means Best
> Friends Forever) with the likes of Mpesa, Mode, Cellulant, Pesapal, Jambo
> Pay, CopyCat, Seven Seas etc and present them as African Champions at every
> possible regional and Global event. Our very Economic Diplomacy should be
> anchored in this thinking. If my history serves me right that's how the
> Japanese Global Giants were borne. Through a truly PPP & Multi-Stakeholder
> Model (yes that word again..) Japanese industry became the world beaters
> they are today. For more on this it would be instructive to read the
> history of MITI.
>
> http://en.m.wikipedia.org/wiki/Ministry_of_International_Trade_and_Industry
>
> Our folly is in thinking that private sector and government are mutually
> exclusive and that an adversarial stance is best to protect consumers.
> Let's expand the pie. There is no reason that Mpesa cannot become the
>  de-facto mobile money system across Africa. For this to happen it would
> require not thinking out of the box - but reinventing the box. Literally.
>
> As Bob Collymore aptly put it - Being dominant is not a crime.
>
> *Ali Hussein*
>
> +254 770 906375 / 0713 601113
>
> Twitter: @AliHKassim
>
> Skype: abu-jomo
>
> LinkedIn: http://ke.linkedin.com/in/alihkassim
> <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
>
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