Friday, December 14, 2012

M-Shwari:Whose Idea?

M-Shwari is another Mobile revolutionary product from Safaricom Limited. It has got rigid bank regimes flat footed leaving banks pondering their next move. I must conquer that it is a product suited for many millions of "un-banked" Kenyan population. But another Micro-finance in Kenya is now claiming the ownership of the idea. The micro-finance institution insist that Safaricom stole their idea and the matter now is in litigation. Is it that financial institutions are fighting Safaricom for their innovative products for eating up their marginal profits? If that is the case then, financial institutions must create their innovative products  and patent to help them stay afloat.

Tuesday, December 11, 2012

The Mad Rush for votes

Courtesy by Standard Media
The trickery of our politicians is now resurfacing. Many will declare themselves as saints and the same time demonizing their competitors. They call themselves reformers and performers only when it is only approaching elections yet when they transcend to power the word reform becomes an optical illusion. When  i seen these coalitions of convenience being mooted day and night , sooner or later they will become collisions. For others to  declare that “The battle would be between CORD (Coalition for Reforms and Democracy) and Jubilee... the rest are donkeys.” is totally unrealistic. They should remind themselves the proverbial race between the hare and the tortoise.