If, however, I am wrong, and a price war ensues; it will definitely not originate from Safaricom. This is because the market leader has nothing to gain from that. It is the other players who may try to fight for market share by lowering prices. Safaricom would then be on the defensive.
Why?
The end of trading yesterday saw the 2 banks under our watch become top traders by volume. There was no change in price for either. Operations at the Nairobi Securities Exchange (NSE) saw both the All-share and the 20-share indices closed higher at 92.59 points and 4158.38 points respectively.
1. VAT Bill 2012 Set for 2013 The treasury has announced that The VAT Bill 2012 will be introduced next year after the general election. Speaking to the Daily Nation , Finance Minister, Njeru Githae said, “There are indications that the Bill will be…