[kictanet] [isoc_ke] Airtel hands BitPesa a Life line

meshack emakunat memakunat at yahoo.com
Thu Jan 7 09:56:43 EAT 2016


HI
That great news, sometimes we may be too arrogant to learn from history...yet history can be the best guide for the future. if it is so then airtel may have taken history seriously and want to progress with what the market demands. remember "Kencel" then "Celtel" then "Zain" then "Airtel". remember the kencel scratchcards for 250 kshs yet safcom had 50 kshs scratchcard, 100 kshs kencel scratchcard yet safcom had 20 kshs scratchcard 

    On Wednesday, January 6, 2016 7:04 PM, Ali Hussein via kictanet <kictanet at lists.kictanet.or.ke> wrote:
 

 Barrack
LOL! Just love that analogy..basically yes. And we know what that means...:-)
AliHusseinPrincipalHussein & Associates Tel: +254 713 601113
Twitter: @AliHKassimSkype: abu-jomoLinkedIn: http://ke.linkedin.com/in/alihkassimBlog: www.alyhussein.com


Any information of a personal nature expressed in this email are purely mine and do not necessarily reflect the official positions of the organizations that I work with.
On Wed, Jan 6, 2016 at 12:31 PM, Barrack Otieno <otieno.barrack at gmail.com> wrote:

Hi Ali,

What does that mean Legally? Its like operating a gadget that has not
gone through type approval at  CA, no?

Regards

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On 1/6/16, Ali Hussein via isoc <isoc at lists.my.co.ke> wrote:
> Listers
>
> Interesting development. Details are scant at the moment but if this is
> true goes to show that you really can't keep a good idea down.
>
> I particularly like the quote from BitPesa below:-
>
> “CBK has currently chosen not to regulate bitcoin. Unregulated business is
> not illegal business and BitPesa will continue to operate and maintain our
> headquarters in Kenya. BitPesa is licensed, however, by the UK’s Financial
> Conduct Authority as an Authorised Payment Institution,” said the firm in a
> notice.
>
> More on the story:-
>
> http://www.businessdailyafrica.com/Corporate-News/Bitcoin-trading-firm-partners-with-Airtel/-/539550/3022508/-/item/0/-/rfd7ysz/-/index.htm
> l
>
>
> *Ali Hussein*
>
> *Principal*
>
> *Hussein & Associates*
>
>
>
> Tel: +254 713 601113
>
> Twitter: @AliHKassim
>
> Skype: abu-jomo
>
> LinkedIn: http://ke.linkedin.com/in/alihkassim
> <http://ke.linkedin.com/in/alihkassim>
>
> Blog: www.alyhussein.com
>
>
> Any information of a personal nature expressed in this email are purely
> mine and do not necessarily reflect the official positions of the
> organizations that I work with.
>


--
Barrack O. Otieno
+254721325277
+254-20-2498789
Skype: barrack.otieno
http://www.otienobarrack.me.ke/



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