Tetesi: Tanzanian billionaire duo have taken over Kenya’s most profitable firm which was recently recognised by the United Nations

[eliakeem]

The Dar es Salaam based billionaires are now the top individual investors in Safaricom after they bought an additional 11 million units worth Sh277 million.

play

Safaricom House. (Kachwanya.)​

• Dar es Salaam based billionaires Aunali and Sajjad Rajabali are now the top individual investors in Safaricom after they bought an additional 11 million units worth Sh277 million.
• The Dar duo have in the past two years been accumulating shares in Nairobi Securities Exchange listed firms, with their cumulative investment now standing at more than Sh1.8 billion.

Tanzanian billionaires duo have taken over Kenya’s most profitable firm and the country’s biggest mobile operator, Safaricom.
Dar es Salaam based billionaires Aunali and Sajjad Rajabali are now the top individual investors in Safaricom after they bought an additional 11 million units worth Sh277 million.
The August regulatory filings at the Nairobi Securities Exchange (NSE) show that the Rajabalis, who bought 10 million shares in April, now hold a total of 21.1 million shares valued at Sh527 million.
play

An early morning view across Dar es Salaam, from the city centre to Msasani Peninsula. (The National)​

The purchase saw them shoot past has billionaire investors Ramaben Patel who holds with 19.4 million shares worth Sh485 million and John Kibunga Kimani who has 12.1 million units valued at Sh302 million.
The two have now been relegated to second and third positions respectively.
Coming in the wake of amid a major dip in the company’s share price, which now stands at Sh25, a 23.6 per cent drop from a high of Sh32.75 in April, the Rajabalis’ purchase is seen by many and interpreted as a signal of their confidence in the telco’s future prospects.
play

Safaricom CEO Bob Collymore (Citizen TV)​

It is not hard to see however, why they can’t have enough of Safaricom.
Latest data shows Safaricom has a market share of 71.9 per cent in mobile subscriptions with rival Airtel trailing behind in distant second with a paltry 14.9 per cent market share and recently revamped Telkom Kenya has 8.4 per cent.
Safaricom is Kenya's most profitable company, with a dominance in the various segments of the telecommunications market, including voice, mobile data and mobile cash transfers.
Despite a tough economic year occasioned by prolonged electioneering period, Safaricom made a net profit of Sh55.2 billion in the year ended March, a 14.1 per cent rise from Sh48.4 billion the year before.
play

Equity Bank. (the star)​

During the 2018 United Nations General Assembly (UNGA) Safaricom received special recognition and was identified as being among the highest-engaged participants of the world’s largest corporate sustainability initiative.
The Dar duo have in the past two years been accumulating shares in Nairobi Securities Exchange listed firms, with their cumulative investment now standing at more than Sh1.8 billion.
Besides Safaricom, the duo have bought significant stakes in Equity Group, KenolKobil and I & M Holdings, among other listed firms.
Mid this year, the two bought seven million shares worth Sh344 million ($3.44 million) from Equity Bank.
As a result, the Rajabalis are now ranked seventh in Equity’s list of top individual investors with a 0.19 per cent stake.


2 Tanzanian billionaires take over Safaricom

 

[eliakeem]

Their mighty SafariCom has been shifted to some guys who are stinking money.

 

[Geza Ulole]

no comments!

 

[eliakeem]

May be it's a time for GoK to borrow a leaf of two from SC on how to run the SOCs which are now at peril.

 

[mwaswast]

Nilifikiri ni wafipa kumbe wahindi kama kawa. Enyewe bongolala nyeusi ni za kuhariwa tu, mpaka lini tutasikia watu weusi kama Geuza uhariwe ama chooboy wamekuwa billionaires?

 

[Tony254]

The Dar es Salaam based billionaires are now the top individual investors in Safaricom after they bought an additional 11 million units worth Sh277 million.

play

Safaricom House. (Kachwanya.)​

• Dar es Salaam based billionaires Aunali and Sajjad Rajabali are now the top individual investors in Safaricom after they bought an additional 11 million units worth Sh277 million.
• The Dar duo have in the past two years been accumulating shares in Nairobi Securities Exchange listed firms, with their cumulative investment now standing at more than Sh1.8 billion.

Tanzanian billionaires duo have taken over Kenya’s most profitable firm and the country’s biggest mobile operator, Safaricom.
Dar es Salaam based billionaires Aunali and Sajjad Rajabali are now the top individual investors in Safaricom after they bought an additional 11 million units worth Sh277 million.
The August regulatory filings at the Nairobi Securities Exchange (NSE) show that the Rajabalis, who bought 10 million shares in April, now hold a total of 21.1 million shares valued at Sh527 million.
play

An early morning view across Dar es Salaam, from the city centre to Msasani Peninsula. (The National)​

The purchase saw them shoot past has billionaire investors Ramaben Patel who holds with 19.4 million shares worth Sh485 million and John Kibunga Kimani who has 12.1 million units valued at Sh302 million.
The two have now been relegated to second and third positions respectively.
Coming in the wake of amid a major dip in the company’s share price, which now stands at Sh25, a 23.6 per cent drop from a high of Sh32.75 in April, the Rajabalis’ purchase is seen by many and interpreted as a signal of their confidence in the telco’s future prospects.
play

Safaricom CEO Bob Collymore (Citizen TV)​

It is not hard to see however, why they can’t have enough of Safaricom.
Latest data shows Safaricom has a market share of 71.9 per cent in mobile subscriptions with rival Airtel trailing behind in distant second with a paltry 14.9 per cent market share and recently revamped Telkom Kenya has 8.4 per cent.
Safaricom is Kenya's most profitable company, with a dominance in the various segments of the telecommunications market, including voice, mobile data and mobile cash transfers.
Despite a tough economic year occasioned by prolonged electioneering period, Safaricom made a net profit of Sh55.2 billion in the year ended March, a 14.1 per cent rise from Sh48.4 billion the year before.
play

Equity Bank. (the star)​

During the 2018 United Nations General Assembly (UNGA) Safaricom received special recognition and was identified as being among the highest-engaged participants of the world’s largest corporate sustainability initiative.
The Dar duo have in the past two years been accumulating shares in Nairobi Securities Exchange listed firms, with their cumulative investment now standing at more than Sh1.8 billion.
Besides Safaricom, the duo have bought significant stakes in Equity Group, KenolKobil and I & M Holdings, among other listed firms.
Mid this year, the two bought seven million shares worth Sh344 million ($3.44 million) from Equity Bank.
As a result, the Rajabalis are now ranked seventh in Equity’s list of top individual investors with a 0.19 per cent stake.


2 Tanzanian billionaires take over Safaricom

Sasa kampuni yenye valuation ya zaidi ya Ksh 100 billion ndio unatuambia eti tujamaa tumenunua shares za millioni mia tano? Wananunua shares za milioni mia tano na kampuni ina valuation ya bilioni mia moja, wacheni mchezo, hio hata sio 1% of the company's value. Hamna kitu ya kucelebrate hapa rudini jiweni mkaote jua.

 

[Janerose mzalendo]

The Dar es Salaam based billionaires are now the top individual investors in Safaricom after they bought an additional 11 million units worth Sh277 million.

play
Safaricom House. (Kachwanya.)

• Dar es Salaam based billionaires Aunali and Sajjad Rajabali are now the top individual investors in Safaricom after they bought an additional 11 million units worth Sh277 million.
• The Dar duo have in the past two years been accumulating shares in Nairobi Securities Exchange listed firms, with their cumulative investment now standing at more than Sh1.8 billion.

Tanzanian billionaires duo have taken over Kenya’s most profitable firm and the country’s biggest mobile operator, Safaricom.
Dar es Salaam based billionaires Aunali and Sajjad Rajabali are now the top individual investors in Safaricom after they bought an additional 11 million units worth Sh277 million.
The August regulatory filings at the Nairobi Securities Exchange (NSE) show that the Rajabalis, who bought 10 million shares in April, now hold a total of 21.1 million shares valued at Sh527 million.
play
An early morning view across Dar es Salaam, from the city centre to Msasani Peninsula. (The National)

The purchase saw them shoot past has billionaire investors Ramaben Patel who holds with 19.4 million shares worth Sh485 million and John Kibunga Kimani who has 12.1 million units valued at Sh302 million.
The two have now been relegated to second and third positions respectively.
Coming in the wake of amid a major dip in the company’s share price, which now stands at Sh25, a 23.6 per cent drop from a high of Sh32.75 in April, the Rajabalis’ purchase is seen by many and interpreted as a signal of their confidence in the telco’s future prospects.
play
Safaricom CEO Bob Collymore (Citizen TV)

It is not hard to see however, why they can’t have enough of Safaricom.
Latest data shows Safaricom has a market share of 71.9 per cent in mobile subscriptions with rival Airtel trailing behind in distant second with a paltry 14.9 per cent market share and recently revamped Telkom Kenya has 8.4 per cent.
Safaricom is Kenya's most profitable company, with a dominance in the various segments of the telecommunications market, including voice, mobile data and mobile cash transfers.
Despite a tough economic year occasioned by prolonged electioneering period, Safaricom made a net profit of Sh55.2 billion in the year ended March, a 14.1 per cent rise from Sh48.4 billion the year before.
play
Equity Bank. (the star)

During the 2018 United Nations General Assembly (UNGA) Safaricom received special recognition and was identified as being among the highest-engaged participants of the world’s largest corporate sustainability initiative.
The Dar duo have in the past two years been accumulating shares in Nairobi Securities Exchange listed firms, with their cumulative investment now standing at more than Sh1.8 billion.
Besides Safaricom, the duo have bought significant stakes in Equity Group, KenolKobil and I & M Holdings, among other listed firms.
Mid this year, the two bought seven million shares worth Sh344 million ($3.44 million) from Equity Bank.
As a result, the Rajabalis are now ranked seventh in Equity’s list of top individual investors with a 0.19 per cent stake.


2 Tanzanian billionaires take over Safaricom

Hao wahindi wawili ndio tu wanajua biashara bongo nzima. They also have shares in equity. Pure bongolalas ni maskini hohehahe Wako nabahati kilimo hakiwezi feli bongo ,

 

[Geza Ulole]

May be it's a time for GoK to borrow a leaf of two from SC on how to run the SOCs which are now at peril.

What is SC?

 

[Livale]

Kizungu na hesabu tricky kwa wengi.

So 2 Tanzanians are claimed to have taken over Safaricom by buying additional shares worth sh277millions. In fact, their total share worth in the NSE is at Sh 1.2billions. Yet the company the OP claims they've taken over is worth Sh 220billions, Huh!

Hata wauze shares zao in all other companies in Kenya and invest fully in SafCom, they'll end up owning just 0.5% of the company so take over my foot!

But kudos to them for the bold move

 

[Capt Tamar]

Mtu wa huko Volsvosky akionyeshwa list ya matajiri wa Tanzania atajiuliza kama tanzania ipo mpakani na Indonesia na pakistan au katikati ya India na Nepal!

 

[Mpenda wachaga]

They are minor shareholders who are paid 80cents per share..major shareholders benefit the most from a company

 

[pingli-nywee]

Kumbe wamenunua shares zisizofika hata 1% ya Safaricom? Ila ni jambo nzuri, ili wakati wanasiasa wanajaribu kuchafua hewa kwenye masuala ya Ke-Tz iwe ni draw kwa wanabiashara pande zote mbili ambao uwekezaji wao utakuwa upo mashakani.

 

[Mamba Kinko]

Nilifikiri ni wafipa kumbe wahindi kama kawa. Enyewe bongolala nyeusi ni za kuhariwa tu, mpaka lini tutasikia watu weusi kama Geuza uhariwe ama chooboy wamekuwa billionaires?

Kajifunze kiswahili. Enyewe ndo lugha gani??

 

[willyTrinidad]

Stupid useless post. Kweli maskini akipata Matako hulia mbwata!!.
Nchi nzima inacelebrate 0.1% ownership of a foreign company 😂

 

[kennedy0000]

Their mighty SafariCom has been shifted to some guys who are stinking money.

Keyword: Individual share holders

In reality, they own about 0.05% of Safaricom.

 

[Kidzude]

Stupid useless post. Kweli maskini akipata Matako hulia mbwata!!.
Nchi nzima inacelebrate 0.1% ownership of a foreign company 😂

Tofautisha company value, total assets na total equity. Ordinary shareholder. Debt. Hao ni ordinary shareholder ambao value yao sio sawa na total assets. Rudini shule.

 

[kennedy0000]

Sasa kampuni yenye valuation ya zaidi ya Ksh 100 billion ndio unatuambia eti tujamaa tumenunua shares za millioni mia tano? Wananunua shares za milioni mia tano na kampuni ina valuation ya bilioni mia moja, wacheni mchezo, hio hata sio 1% of the company's value. Hamna kitu ya kucelebrate hapa rudini jiweni mkaote jua.

Safaricom valuation ni zaidi ya Ksh 1 Trillionl

 

[kennedy0000]

Kizungu na hesabu tricky kwa wengi.

So 2 Tanzanians are claimed to have taken over Safaricom by buying additional shares worth sh277millions. In fact, their total share worth in the NSE is at Sh 1.2billions. Yet the company the OP claims they've taken over is worth Sh 220billions, Huh!

Hata wauze shares zao in all other companies in Kenya and invest fully in SafCom, they'll end up owning just 0.5% of the company so take over my foot!

But kudos to them for the bold move

Unapunguza ata.
Safaricom market cap is Ksh 1 Trillion.

 

[NairobiWalker]

Kajifunze kiswahili. Enyewe ndo lugha gani??

Jifunze Kiswahili Kwanza ndio ujigambe maanake unaandika neno ndo lisilo neno la Kiswahili huku ukimkashifu mwenzio kutumia neno 'enyewe' ambalo ni la Kiswahili.

 

[NairobiWalker]

The Dar es Salaam based billionaires are now the top individual investors in Safaricom after they bought an additional 11 million units worth Sh277 million.

play

Safaricom House. (Kachwanya.)​

• Dar es Salaam based billionaires Aunali and Sajjad Rajabali are now the top individual investors in Safaricom after they bought an additional 11 million units worth Sh277 million.
• The Dar duo have in the past two years been accumulating shares in Nairobi Securities Exchange listed firms, with their cumulative investment now standing at more than Sh1.8 billion.

Tanzanian billionaires duo have taken over Kenya’s most profitable firm and the country’s biggest mobile operator, Safaricom.
Dar es Salaam based billionaires Aunali and Sajjad Rajabali are now the top individual investors in Safaricom after they bought an additional 11 million units worth Sh277 million.
The August regulatory filings at the Nairobi Securities Exchange (NSE) show that the Rajabalis, who bought 10 million shares in April, now hold a total of 21.1 million shares valued at Sh527 million.
play

An early morning view across Dar es Salaam, from the city centre to Msasani Peninsula. (The National)​

The purchase saw them shoot past has billionaire investors Ramaben Patel who holds with 19.4 million shares worth Sh485 million and John Kibunga Kimani who has 12.1 million units valued at Sh302 million.
The two have now been relegated to second and third positions respectively.
Coming in the wake of amid a major dip in the company’s share price, which now stands at Sh25, a 23.6 per cent drop from a high of Sh32.75 in April, the Rajabalis’ purchase is seen by many and interpreted as a signal of their confidence in the telco’s future prospects.
play

Safaricom CEO Bob Collymore (Citizen TV)​

It is not hard to see however, why they can’t have enough of Safaricom.
Latest data shows Safaricom has a market share of 71.9 per cent in mobile subscriptions with rival Airtel trailing behind in distant second with a paltry 14.9 per cent market share and recently revamped Telkom Kenya has 8.4 per cent.
Safaricom is Kenya's most profitable company, with a dominance in the various segments of the telecommunications market, including voice, mobile data and mobile cash transfers.
Despite a tough economic year occasioned by prolonged electioneering period, Safaricom made a net profit of Sh55.2 billion in the year ended March, a 14.1 per cent rise from Sh48.4 billion the year before.
play

Equity Bank. (the star)​

During the 2018 United Nations General Assembly (UNGA) Safaricom received special recognition and was identified as being among the highest-engaged participants of the world’s largest corporate sustainability initiative.
The Dar duo have in the past two years been accumulating shares in Nairobi Securities Exchange listed firms, with their cumulative investment now standing at more than Sh1.8 billion.
Besides Safaricom, the duo have bought significant stakes in Equity Group, KenolKobil and I & M Holdings, among other listed firms.
Mid this year, the two bought seven million shares worth Sh344 million ($3.44 million) from Equity Bank.
As a result, the Rajabalis are now ranked seventh in Equity’s list of top individual investors with a 0.19 per cent stake.


2 Tanzanian billionaires take over Safaricom

Please, do some research before you post these threads to avoid embarrassing yourself.

Check this.....
Safaricom Plc (SCOM.NR) Quote | Reuters

Safaricom's Market capitalization is KES 911billion. That's equal to $9 billion. These two Indians have bought only KES 277 million of these. That's a mere $2.77 million equivalent to 0.03% of the company. This does not even qualify them to have any say on how the company runs. You need to get your head checked.