Telecommunications, ATM’s and foreign aid

Balancing Act

Balancing Act’s latest newsletter (No. 285) is a special issue on telecommunications developments in Kenya. Notable points include;
– Expect more ISP mergers (after Wananchi and ISPKenya)
– VoIP could cut the cost of international corporations communications costs from US$5,000 to US$700 a month.
– A looming financial crisis at Telkom could force the government to sell some shares in Safaricom to Vodafone or to the public via the Nairobi Stock Exchange.
– New call centers have difficulties finding people with the right voices to work there – and their preference for candidates who have had some international exposure.
– The jail sentence hanging over the head of Shem Ochuodho.

Pesa ATM’s

Pesa Point now has 60 ATMs installed around the country. My bank has pesa point but I will take a pass on them because of the additional cost (30/=per cash withdrawal)except for emergencies of if I am very far from my own Bank’s ATM. Pesa Point’s unique stand-alone ATM’s are popping up in all sorts of unexpected places such as the grounds of KICC and a restaurant opposite Hooter’s with little fanfare. The company should have a web site or better way to market/advertise each new ATM added, besides a statement from the MD.

Foreign Aid
President George W. Bush’s administration plans to overhaul the US foreign aid system and align programs more with US political interests. E.g. the State Department could take over the independent US Agency for International Development (USAID).

4 thoughts on “Telecommunications, ATM’s and foreign aid

  1. Tee J

    Aren’t you off today? No Uhuru Park? I woke up thinking, if I was in Kenya, I’d have had the day off…:-(

  2. genesis

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  3. Raymond

    Who cares what Bush does. We have been made to believe that Africa cannot survive without being handed foreign aid. People wake up, we need to stop acting like beggars and aggressively act on taking advantage of what we have. How can one live beyond his means(borrowing money to substitute for budget needs) that is pathetic

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