http://globalvoicesonline.org/2007/10/08/kenyan-bloggers-on-safaricom-mystery/ The world is talking. Are you listening? Mon, 28 May 2012 15:55:58 -0400 hourly 1 http://wordpress.org/?v=3.3.2 http://globalvoicesonline.org/2007/10/08/kenyan-bloggers-on-safaricom-mystery/comment-page-1/#comment-1503799 Bayo Adekanmbi Tue, 19 Aug 2008 18:16:50 +0000 http://www.globalvoicesonline.org/2007/10/08/kenyan-bloggers-on-safaricom-mystery/#comment-1503799 Safaricom’s IPO over-subscription is a classical case of the pent-up desire of Africans to demonstrate their appreciation for worthy investment. Telco businesses are the most profitable in African continent, even with the huge CAPEX, the average margin per user is relatively high compared to the world’s average. Africans will like to put their money where their mouth or voice is because each call they make is a call of wealth Safaricom’s IPO over-subscription is a classical case of the pent-up desire of Africans to demonstrate their appreciation for worthy investment. Telco businesses are the most profitable in African continent, even with the huge CAPEX, the average margin per user is relatively high compared to the world’s average. Africans will like to put their money where their mouth or voice is because each call they make is a call of wealth

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