Fintech Association Of Kenya
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Kenyan billionaire John Kibunga Kimani significantly increased his investment in Safaricom, the East African telecom giant, during the second half of 2023. He snapped up 8.64 million additional shares, bringing his total ownership to 27.7 million units. This move capitalized on Safaricom's lower share price and mirrored actions by other astute investors.Kimani's purchase, valued at Sh113.12 million based on the December closing price, solidified his position as Safaricom's second-largest individual shareholder from East Africa. He now trails only the combined holding of 40.41 million shares owned by Chirag and Kalavati Menesh Solanki, who interestingly reduced their stake by 131,000 units in the same period.Read More: https://lnkd.in/dX9sKqRg
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Dorcas Maina
Founder- Hurrem& Co Ltd.
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Worse off the market is, the better the opportunities are to profit."The time to buy is when there's blood in the streets "
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Mark Mรบrรญu Warunge
Talks about Project Management | Agile Problem Solving | Fintech | SaaS | Sales and Revenue | AI | M.L. | Organisation Development | Creative Workplace Strategies | Intra/ Entre - preneurship | Software Engineering
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After the trough experienced in 2023 and early 2024, the only way the graph goes is up. By the end of 2024 this man will be smiling if not laughing all the way to the bank
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Moka Lantum
Chief Hustler (CEO), CheckUps | Accelerate Africa AA1 | VISA Accelerate 2024 | IBM Hyper Protect Partner
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Hey, isn't it interesting to see how Kimani played it smart by capitalizing on Safaricom's lower share price? A lesson for all of us here - don't panic when prices fall, instead see it as an opportunity!
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Jimmy George C.
Product Marketing Head, Previously with Bharti Airtel, Virgin Mobile & Idea Cellular
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In the dynamic and fast-growing telecom market, value-based investors always find suitable opportunities and strategic buys. A right reflection of the sector potential.
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Africa Financial Inclusion
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Safaricom PLC and M-PESA Africa in large part have been instrumental in accelerating and deepening financial inclusion in East Africa /Africa. Great strides now in Safaricom Telecommunications Ethiopia PLC
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