<html><head><meta http-equiv="content-type" content="text/html; charset=utf-8"></head><body dir="auto"><div><div style="font-family: Calibri,sans-serif; font-size: 11pt;">Ali,<br>I feel that already you should have a seat in the new regulatory body. Platforms is the future. Banks must find ways to interconnect/Interface with the likes of Jumia,Alibaba and the likes since the Z generation won't be visiting bank halls. Here is where Equity and Safaricom in Kenyan case comes in the the companies for the future. Current regulators must be left behind to catch up. Waiting for regulation before doing business is not a good strategy at the moment.<br><br>Thanks for the great pointer.<br><br>Regards,<br>Boniface </div></div><div dir="ltr"><hr><span style="font-family: Calibri,sans-serif; font-size: 11pt; font-weight: bold;">From: </span><span style="font-family: Calibri,sans-serif; font-size: 11pt;"><a href="mailto:info@campusciti.com">Admin CampusCiti</a></span><br><span style="font-family: Calibri,sans-serif; font-size: 11pt; font-weight: bold;">Sent: </span><span style="font-family: Calibri,sans-serif; font-size: 11pt;">7/26/2018 7:26 AM</span><br><span style="font-family: Calibri,sans-serif; font-size: 11pt; font-weight: bold;">To: </span><span style="font-family: Calibri,sans-serif; font-size: 11pt;"><a href="mailto:kictanet@lists.kictanet.or.ke">KICTAnet ICT Policy Discussions</a></span><br><span style="font-family: Calibri,sans-serif; font-size: 11pt; font-weight: bold;">Cc: </span><span style="font-family: Calibri,sans-serif; font-size: 11pt;"><a href="mailto:machukib@gmail.com">Boniface Machuki</a></span><br><span style="font-family: Calibri,sans-serif; font-size: 11pt; font-weight: bold;">Subject: </span><span style="font-family: Calibri,sans-serif; font-size: 11pt;">Re: [kictanet] Regulator seeks power to license retail mobilecashagents</span><br><br></div>Boniface<div><br></div><div>Thanks. This is a real issue in 2018. Think about not just regulators ill-quipped to deal with the new Business Models and hyper-growth mentality of the new type of entrepreneur and investor that’s makes them take a long term view to market dominance. </div><div><br></div><div>As we bash the Safaricom’s and the Amazon’s of this world on their ‘anti-competitive’ behavior we have to look at the overall big picture. I’ve always advocated for a light touch sort of Regulation. Oversight and letting the players in the multiple industries they play in know that they need to be careful they don’t precipitate <b>Market Failure </b>because if they do then the heavy hand of regulation will hit them. This is key.</div><div><br></div><div>Take the case of Google and the EU. Fined for uncompetitive behavior. We can see some similarities in the Google case to Safaricom’s behavior in the country. My take:-</div><div><br></div><div>Safaricom is becoming more a Platform Player now not because of accusations of Dominance but because of the reality on the ground and the competitiveness of Frenemies like Equity and Barclays. A little nudge here and there from the regulators and a dash of competition there goes a long way in keeping companies on the straight and narrow. The Telco sector and the financial services sector have become so intertwined that we need a new type of Regulator. And a new Terms of Reference. Encourage, Encourage and Encourage. What we are seeing unfortunately is knee jerk behavior that if not checked will kill the very spirit and entrepreneurial drive that made Nairobi Ground Zero of Innovation not just in Africa but the World. For the first time an African country is attracting startups from Europe and the US to set up shop here. </div><div><br></div><div>A new dispensation and a new way of doing business for both governments and industry is required. <br><br><div id="AppleMailSignature"><div><span style="-webkit-tap-highlight-color: rgba(26, 26, 26, 0.294118); -webkit-composition-fill-color: rgba(175, 192, 227, 0.231373);"><b>Ali Hussein</b></span></div><div><br></div><div style="font-family: Helvetica; font-size: medium; -webkit-tap-highlight-color: rgba(26, 26, 26, 0.296875); -webkit-composition-fill-color: rgba(175, 192, 227, 0.230469); -webkit-composition-frame-color: rgba(77, 128, 180, 0.230469); -webkit-text-size-adjust: auto;">+254 0713 601113 </div><div style="font-family: Helvetica; font-size: medium; -webkit-tap-highlight-color: rgba(26, 26, 26, 0.296875); -webkit-composition-fill-color: rgba(175, 192, 227, 0.230469); -webkit-composition-frame-color: rgba(77, 128, 180, 0.230469); -webkit-text-size-adjust: auto;"><br></div><div><p style="margin: 0in 0in 0pt;"><span style="background-color: rgba(255, 255, 255, 0);">Twitter: @AliHKassim</span></p><span style="background-color: rgba(255, 255, 255, 0);"><font></font></span><p style="margin: 0in 0in 0pt;"><span style="background-color: rgba(255, 255, 255, 0);">Skype: abu-jomo</span></p><p style="margin: 0in 0in 0pt;"><span style="background-color: rgba(255, 255, 255, 0);">LinkedIn: <a href="http://ke.linkedin.com/in/alihkassim" target="_blank">http://ke.linkedin.com/in/alihkassim</a><a href="http://ke.linkedin.com/in/alihkassim" target="_blank"><span style="text-decoration: none;"></span></a></span></p><span style="background-color: rgba(255, 255, 255, 0);"><font></font></span><p style="margin: 0in 0in 0pt;"></p><font><span style="background-color: rgba(255, 255, 255, 0);">Blog: <a href="http://www.alyhussein.com/" target="_blank">www.alyhussein.com</a></span><br></font></div><div><span style="-webkit-tap-highlight-color: rgba(26, 26, 26, 0.292969); -webkit-composition-fill-color: rgba(175, 192, 227, 0.230469); -webkit-composition-frame-color: rgba(77, 128, 180, 0.230469);"><br></span></div><div>"Discovery consists in seeing what everyone else has seen and thinking what no one else has thought". ~ Albert Szent-Györgyi</div><div><span style="-webkit-tap-highlight-color: rgba(26, 26, 26, 0.294118); -webkit-composition-fill-color: rgba(175, 192, 227, 0.231373);"><br></span></div>Sent from my iPad</div><div><br>On 25 Jul 2018, at 11:53 PM, Boniface Machuki via kictanet <<a href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a>> wrote:<br><br></div><blockquote type="cite"><div><div><div style="font-family: Calibri,sans-serif; font-size: 11pt;">Thank you Ali. This is a great read. Thinking of Safcom and Equity as am going through it.<br><br><br>Regards,<br>Boniface Machuki</div></div><div dir="ltr"><hr><span style="font-family: Calibri,sans-serif; font-size: 11pt; font-weight: bold;">From: </span><span style="font-family: Calibri,sans-serif; font-size: 11pt;"><a href="mailto:kictanet@lists.kictanet.or.ke">Ali Hussein via kictanet</a></span><br><span style="font-family: Calibri,sans-serif; font-size: 11pt; font-weight: bold;">Sent: </span><span style="font-family: Calibri,sans-serif; font-size: 11pt;">7/24/2018 4:47 PM</span><br><span style="font-family: Calibri,sans-serif; font-size: 11pt; font-weight: bold;">To: </span><span style="font-family: Calibri,sans-serif; font-size: 11pt;"><a href="mailto:machukib@gmail.com">machukib@gmail.com</a></span><br><span style="font-family: Calibri,sans-serif; font-size: 11pt; font-weight: bold;">Cc: </span><span style="font-family: Calibri,sans-serif; font-size: 11pt;"><a href="mailto:ali@hussein.me.ke">Ali Hussein</a></span><br><span style="font-family: Calibri,sans-serif; font-size: 11pt; font-weight: bold;">Subject: </span><span style="font-family: Calibri,sans-serif; font-size: 11pt;">Re: [kictanet] Regulator seeks power to license retail mobile cashagents</span><br><br></div><div dir="ltr"><div class="gmail_default"><font face="georgia, serif">For those wanting to understand more regarding Regulators' and Old School Business Models conundrom in this age of Platforms and New Business Models this is a great read.</font></div><div class="gmail_default"><font face="georgia, serif"><br></font></div><div class="gmail_default"><font face="georgia, serif"><a href="https://www.yalelawjournal.org/note/amazons-antitrust-paradox ">Amazon's Anti-Trust Paradox</a> <br></font></div><div class="gmail_default"><font face="georgia, serif"><br></font></div><div class="gmail_default"><font face="georgia, serif">Regards</font></div><div class="gmail_extra"><font face="georgia, serif"><br clear="all"></font><div><div class="gmail_signature"><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr"><div dir="ltr"><p style="margin: 0in 0in 0pt;"><b><font face="georgia, serif" size="2">Ali
Hussein</font></b></p><p style="margin: 0in 0in 0pt;"><b><font face="georgia, serif" size="2">Principal</font></b></p><p style="margin: 0in 0in 0pt;"><font face="georgia, serif" size="2"><b>AHK & Associates</b></font></p><font size="2">
</font><p style="margin: 0in 0in 0pt;"><font size="2"> </font></p><p style="margin: 0in 0in 0pt;"><font size="2"><span style="font-family: georgia,serif;"><span>T<font size="2">el: +254 713 60<font size="2">1113</font></font><br></span></span></font></p><p style="margin: 0in 0in 0pt;"><font size="2"><span style="font-family: georgia,serif;"><span>Twitter: @AliHKassim</span><span></span></span></font></p><font size="2"><span style="font-family: georgia,serif;">
</span></font><p style="margin: 0in 0in 0pt;"><font size="2"><span style="font-family: georgia,serif;"><span>Skype: abu-jomo</span></span></font></p><p style="margin: 0in 0in 0pt;"><font size="2"><span style="font-family: georgia,serif;"><span>LinkedIn: <a href="http://ke.linkedin.com/in/alihkassim" target="_blank">http://ke.linkedin.com/in/alihkassim</a></span><a href="http://ke.linkedin.com/in/alihkassim" target="_blank"><span style="color: windowtext; text-decoration: none;"></span></a></span></font></p><p style="margin: 0in 0in 0pt;"><font size="2"><span style="font-family: georgia,serif;"><br></span></font></p><p style="margin: 0cm 0cm 0pt; font-size: small;"><span style="color: black; font-family: georgia; font-size: 9pt;">13th Floor , Delta Towers, Oracle Wing,</span><span style="font-family: arial; font-size: 9.5pt;"></span></p><p style="margin: 0cm 0cm 0pt; font-size: small;"><span style="color: black; font-family: georgia; font-size: 9pt;">Chiromo Road, Westlands,</span><span style="font-family: arial; font-size: 9.5pt;"></span></p><p style="margin: 0cm 0cm 0pt; font-size: small;"><span style="color: black; font-family: georgia; font-size: 9pt;">Nairobi, Kenya.</span></p><font size="2"><span style="font-family: georgia,serif;"><span><br><font size="1">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.</font></span></span></font><span style='font-family: "Baskerville Old Face",serif; font-size: 11pt;'></span><span style="font-size: 11pt;"></span>
<span style='font-family: "Baskerville Old Face",serif;'></span></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
<br><div class="gmail_quote">On Tue, Jul 24, 2018 at 2:25 PM, Ali Hussein <span dir="ltr"><<a href="mailto:ali@hussein.me.ke" target="_blank">ali@hussein.me.ke</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin: 0px 0px 0px 0.8ex; padding-left: 1ex; border-left-color: rgb(204, 204, 204); border-left-width: 1px; border-left-style: solid;"><div dir="ltr"><div style="font-family: georgia,serif;">This is over reaching.. Not everything needs to be resolved by Regulation... </div><img width="1" height="1" style="display: none;" src="http://t.sidekickopen07.com/e1t/o/5/f18dQhb0S7ks8dDMPbW2n0x6l2B9gXrN7sKj6v4LNdFMd_KMKRbM7xW4Wzv6P2zlZNzW26tGP91k1H6H0?si=6190904865718272&pi=4b7dabea-581a-415f-d9ce-15fbff915f68&ti=null"><div class="gmail_extra"><br clear="all"><div><div class="gmail-m_1066836098950691220gmail_signature"><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr"><div dir="ltr"><p style="margin: 0in 0in 0pt;"><b><font face="georgia, serif" size="2">Ali
Hussein</font></b></p><p style="margin: 0in 0in 0pt;"><b><font face="georgia, serif" size="2">Principal</font></b></p><p style="margin: 0in 0in 0pt;"><font face="georgia, serif" size="2"><b>AHK & Associates</b></font></p><font size="2">
</font><p style="margin: 0in 0in 0pt;"><font size="2"> </font></p><p style="margin: 0in 0in 0pt;"><font size="2"><span style="font-family: georgia,serif;"><span>T<font size="2">el: +254 713 60<font size="2">1113</font></font><br></span></span></font></p><p style="margin: 0in 0in 0pt;"><font size="2"><span style="font-family: georgia,serif;"><span>Twitter: @AliHKassim</span><span></span></span></font></p><font size="2"><span style="font-family: georgia,serif;">
</span></font><p style="margin: 0in 0in 0pt;"><font size="2"><span style="font-family: georgia,serif;"><span>Skype: abu-jomo</span></span></font></p><p style="margin: 0in 0in 0pt;"><font size="2"><span style="font-family: georgia,serif;"><span>LinkedIn: <a href="http://ke.linkedin.com/in/alihkassim" target="_blank">http://ke.linkedin.com/in/<wbr>alihkassim</a></span><a href="http://ke.linkedin.com/in/alihkassim" target="_blank"><span style="color: windowtext; text-decoration: none;"></span></a></span></font></p><p style="margin: 0in 0in 0pt;"><font size="2"><span style="font-family: georgia,serif;"><br></span></font></p><p style="margin: 0cm 0cm 0pt; font-size: small;"><span style="color: black; font-family: georgia; font-size: 9pt;">13th Floor , Delta Towers, Oracle Wing,</span><span style="font-family: arial; font-size: 9.5pt;"></span></p><p style="margin: 0cm 0cm 0pt; font-size: small;"><span style="color: black; font-family: georgia; font-size: 9pt;">Chiromo Road, Westlands,</span><span style="font-family: arial; font-size: 9.5pt;"></span></p><p style="margin: 0cm 0cm 0pt; font-size: small;"><span style="color: black; font-family: georgia; font-size: 9pt;">Nairobi, Kenya.</span></p><font size="2"><span style="font-family: georgia,serif;"><span><br><font size="1">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.</font></span></span></font><span style='font-family: "Baskerville Old Face",serif; font-size: 11pt;'></span><span style="font-size: 11pt;"></span>
<span style='font-family: "Baskerville Old Face",serif;'></span></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
<br><div class="gmail_quote"><div><div class="gmail-h5">On Tue, Jul 24, 2018 at 11:50 AM, Victor Kapiyo via kictanet <span dir="ltr"><<a href="mailto:kictanet@lists.kictanet.or.ke" target="_blank">kictanet@lists.kictanet.or.ke</a><wbr>></span> wrote:<br></div></div><blockquote class="gmail_quote" style="margin: 0px 0px 0px 0.8ex; padding-left: 1ex; border-left-color: rgb(204, 204, 204); border-left-width: 1px; border-left-style: solid;"><div><div class="gmail-h5"><div dir="ltr"><div><font color="#20124d" face="tahoma, sans-serif">The Communications Authority (CA), is seeking powers to license all mobile money agents as part of new measures targeting market dominance in the telecommunications sector. </font><span style="color: rgb(32, 18, 77); font-family: tahoma,sans-serif;">Francis Wangusi, the CA director general told parliament Monday that the registration seeks to make the agents neutral so that they can serve the telecoms operators. </span><span style="color: rgb(32, 18, 77); font-family: tahoma,sans-serif;">“The agents are going to be licensed to check misuse of information provided by mobile operators,” Mr Wangusi told the National Assembly’s committee on ICT. </span><font color="#20124d" face="tahoma, sans-serif">Leading telecoms operator, Safaricom, has 160,000 agents for its M-Pesa platform, Airtel money has 30,000 while Telkom’s T-Kash has 7,000.</font></div><div><b style="font-family: tahoma,sans-serif;"><font color="#20124d"><br></font></b></div><div><font color="#20124d"><font face="tahoma, sans-serif"><a href="https://www.businessdailyafrica.com/news/Regulator-seeks-power-license-mobile-cash-agents/539546-4678402-yl67ycz/index.html" target="_blank">https://www.businessdailyafric<wbr>a.com/news/Regulator-seeks-<wbr>power-license-mobile-cash-<wbr>agents/539546-4678402-yl67ycz/<wbr>index.html</a> </font><br></font></div><div><font color="#20124d"><font face="tahoma, sans-serif"><b><br></b></font></font></div><div><font color="#20124d" face="tahoma, sans-serif">We look forward to review the regulations. </font></div><div><font color="#20124d"><font face="tahoma, sans-serif"><b><br></b></font></font></div><div><b style="font-family: tahoma,sans-serif;"><font color="#20124d">Victor Kapiyo</font></b></div><div><div class="gmail-m_1066836098950691220m_-2970716359267096922gmail_signature" dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div><font color="#351c75" face="tahoma, sans-serif" size="1">Partner | <i>Lawmark Partners LLP</i></font></div><div><font color="#000000" face="tahoma, sans-serif" size="1"><i>Suite No. 8, Centro House, Westlands, Nairobi | </i></font><i style="color: rgb(0, 0, 0); font-family: tahoma,sans-serif; font-size: x-small;">Web: <a href="http://www.lawmark.co.ke" target="_blank">www.lawmark.co.ke</a> </i></div><font color="#000000" face="tahoma, sans-serif" size="1">==============================<wbr>======================<br><i>“Your attitude, not your aptitude, will determine your altitude” Zig Ziglar<br></i></font><br></div></div></div></div></div></div></div></div></div></div></div></div></div>
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