[kictanet] Safaricom fights back in Okoa Jahazi case - Business Daily

Tue Feb 20 20:02:18 EAT 2018

The suit cuts both ways. The matter is sub judice and we may not have ample
latitude to comment. The fees vs interest aspect will help Safaricom set
straight a perception.

Whether in court or somehow Safaricom got to justify the 'service fees'
rate relative to its cost of capital and the predatory angle is in line
with topical public debate on dominance.

Lack of ubiquitous information before someone makes a decision to borrow
should make interesting proceedings. You dont have airtime and yet required
to read terms and conditions in internet?

That said, and to digress a bit, Safaricom is market leader due to doing
the right things right. Its competitors are very good at shooting their own
feet. Get that from an industry insider. With the right leadership, other
telcos can easily erode Safaricom so- called dominace.

Leadership is a very rare skill in those telcos.

K.M

On 20 Feb 2018 19:06, "Ali Hussein" <ali at hussein.me.ke> wrote:

@Machuhi

Let me understand this:-

You take 100\- Okoa Jahazi airtime on credit. It's clear that there's a
cost to it. Then you go to court?

Am I missing something here?

*Ali Hussein*

*Principal*

*AHK & Associates*

Tel: +254 713 601113

Twitter: @AliHKassim

Skype: abu-jomo

LinkedIn: http://ke.linkedin.com/in/alihkassim
<http://ke.linkedin.com/in/alihkassim>

13th Floor , Delta Towers, Oracle Wing,

Chiromo Road, Westlands,

Nairobi, Kenya.

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 Tue, Feb 20, 2018 at 6:21 PM, K Machuhi <kmachuhi at gmail.com> wrote:

> Ali....frivolous lawsuits never get admitted into court process. The okoa
> jahazi matter is of great public interest and whichever way it goes will
> have major impact.
>
> As a society we are not as litigious as we ought to be.
>
> On 20 Feb 2018 17:05, "Ali Hussein via kictanet" <
> kictanet at lists.kictanet.or.ke> wrote:
>
> Mwendwa
>
> One of the drawbacks of the new dispensation is frivolous lawsuits..It's
> what we must live with..
>
> Regards
>
> *Ali Hussein*
>
> *Principal*
>
> *AHK & Associates*
>
>
>
> Tel: +254 713 601113
>
> Twitter: @AliHKassim
>
> Skype: abu-jomo
>
> LinkedIn: http://ke.linkedin.com/in/alihkassim
> <http://ke.linkedin.com/in/alihkassim>
>
>
> 13th Floor , Delta Towers, Oracle Wing,
>
> Chiromo Road, Westlands,
>
> Nairobi, Kenya.
>
> 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 Tue, Feb 20, 2018 at 1:27 PM, Mwendwa Kivuva via kictanet <
> kictanet at lists.kictanet.or.ke> wrote:
>
>> If the court rules in the Petitioners' favour, what would be the
>> options for Safaricom?
>>
>> 1. Scrap the Okoa jahazi service completely? I am aware this service
>> has been of great help to the "down trodden".
>> 2. Offer the service at no cost? After all, if your client has no
>> liquidity at a particular time, do you do away with them?
>>
>> Regards
>> ______________________
>> Mwendwa Kivuva, Nairobi, Kenya
>> twitter.com/lordmwesh
>>
>>
>>
>>
>> On 20 February 2018 at 09:58, Ali Hussein via kictanet
>> <kictanet at lists.kictanet.or.ke> wrote:
>> > Listers
>> >
>> > Apologies for cross posting.
>> >
>> > Interesting story in the Business Daily today.
>> >
>> > Two petitioners have sued Safaricom over the charges it imposes on Okoa
>> > Jahazi airtime services, claiming that they are illegal.
>> >
>> > Mr Ashford Koome and Eric Kithinji, claim that Safaricom is not
>> licensed to
>> > carry out banking services, hence the interest it charges on the airtime
>> > advanced to the subscribers is illegal.
>> >
>> > Safaricom has however disputed the claims arguing that the charges have
>> been
>> > approved by the Communications Authority of Kenya, and that they are not
>> > interest but a service charge.
>> >
>> > Read on:-
>> >
>> >
>> > https://www.businessdailyafrica.com/corporate/companies/Safa
>> ricom-fights-back-in-Okoa-Jahazi-case/4003102-4311682-ovkd31z/index.html
>> >
>> > Regards
>> >
>> > Ali Hussein
>> > Principal
>> > Hussein & Associates
>> > +254 0713 601113
>> >
>> > Twitter: @AliHKassim
>> >
>> > Skype: abu-jomo
>> >
>> > LinkedIn: http://ke.linkedin.com/in/alihkassim
>> >
>> >
>> > "We are what we repeatedly do. Excellence, therefore, is not an act but
>> a
>> > habit."  ~ Aristotle
>> >
>> >
>> > Sent from my iPad
>> >
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