
As we all talk of the Kenyan Safaricom shareholders, you are all aware that the government and Vodafone hold 75% of the stock. The shareholders have no say in how Safaricom runs and I have never understood their role in the whole situation. If they refuse to uphold a decision, it goes to balloting and no prizes for guessing the eventual outcome. I think someone in treasury was clever enough to divide Safaricom shares into millions and then price them cheaply to fool the stock market, satisfying the demand and raising billions at the same time. We now have to look for a way to make sure Safaricom makes billions to ensure each share earns something. Airtel operate on a model of making sure that the mobile network is as lean as possible (outsourcing everything else) and not investing in infrastructure but leasing it forever. this means that their earnings are comparatively higher on lesser charges. The same way Safaricom reduced Telkom Kenya to the so call "small operator", they are now under threat. As for the Government, i doubt they ever have noble intentions .