Out of curiosity I put out a survey to the Kenyan tech community 2 days ago. I’ve always wondered which schools in Kenya put out the most people who move into positions within tech companies, or start their own. I now have 200 entries, which is a decent enough size sample, though I know if we did a true canvasing of the entire community that the results would be slightly different.
[2010 Kenya Techies School Survey]
Here are the resultsStarehe Boys’ (20) leads by a large margin, followed by the other big private schools; Strathmore (9), Lenana (8), Nairobi School (8), Alliance (7) and St. Mary’s (6). It’s clear that some schools choose quality over quantity, such as my alma mater Rift Valley Academy (2)…
There are a plenty of examples, such as Gitwe (1), which had only one graduate that come from all over the country. Clearly, many techies here in Kenya had to fight their way up from a challenging environment.
Year Graduated
I started this off in 1980 and went to 2009. There’s an interesting curve happening within the community on when people cleared school. The highest is the year 2000 (25). I wonder if there was something that happened in the school systems at this time to make the number go up, or if there is some other reason for that bump in 2000-2002.
Companies you work for
I was amazed at the number and spread of technologists across the tech companies in Kenya. Here is just a small sampling of 127 different companies that were listed of who people work for:
Access Kenya
AFRICOM
Cellulant
Craft Silicon
Dotsavvy
Google
IBM
Kencall
Mobile Planet
Mocality
Nokia
Safaricom
The Standard
UN (different groups)
Virtual City
Wananchi Group
Safaricom held their second AGM since their 2008 share listing at the Bomas of Kenya on September 2 2010.
Angry Shareholders: really complained into management, mostly about the low dividend, and lack of freebies – and the ~1,000 shareholders largely went home unsatisfied (the bus stage was quite full)
Low dividend: Different shareholders complained 20 cents ($0.0025) dividend per share was too low, was not recognized as currency in Kenya, was not comparable to the company’s 19 billion ($238 million) profit, was not worth picking if it fell to the ground etc. The Board Chairman replied that this was a result of the large number of shares and, it was 100% increase of the previous year, and they were looking into share consolidation as a way of making it more meaningful
No SWAG: Shareholders complained about not being given transport to the venue, why there were shirts only for Safaricom staff (they [shareholders] are better ambassadors of the brand), why they only got bottles of water & juice on a cold morning, and why they could not treat shareholders better, when companies like Kengen, many shareholders (~¼ of Safaricom) could? One shareholder who looked like he had been to a ‘local’ before he spoke, said he regretted buying the shares, admonished the company for taking from the poor (subscribers) to give to the rich (board), hurled a few other insults in his speech and walked out to some applause.
No SWAG also includes annual reports, which were handed out at the door, but which shareholders felt should have been mailed to them. The Chairman said that this was a logistical impossible, it would cost almost 250 million ($3 million) to mail 800,000 books and last year shareholders had themselves approved that reports be placed on their website or headquarters, with summarized versions printed in the newspapers. How unwieldy is the large shareholder base? The registrars’ computer list at the entrance was over a month old and they did not have records of anyone who bought shares in the last few weeks.
Is CSR bad for shareholders?: Later on when not satisfied with the Chairman’s response on the dividend, they began tackling expense items in the books to see if they could dig out some cuts to yield more profit. Ccorporate social responsibility items came under fire; this argument was first seen at Stanchart a few years ago when shareholders felt ‘their dividend’ was being diverted to unauthorized expensive projects (said shareholder and former MP Jimmy Angwenyi), and which were costly (But Chairman replied that the total amount was Kshs 250 million, broken into small impactful sponsorships like boreholes and schools that had no overall impact on the 8 billion dividend [$100 million]) . Again they went further and began tackling huge payment items (anything larger than the dividend) and suggesting to the Board ways to cut down these costs.
Competition from Zain Airtel: Shareholders also took a stab at management for the high costs of their services, in relation to Zain who had recently cut call and SMS costs to 3 shillings and 1 shilling respectively arguing that the company management is asleep and they will wake up when they find their customers have fled unless they too cut prices. Outgoing CEO Michael Joseph took on these and said they had studied Airtel in India and were ready for the price cuts, but were surprised by the underhand tactics/accusations that followed. Safaricom will find a balance to protect their customer numbers, market share revenue, but most important were their profit margins. He added these prices were unsustainable, but that Safaricom would still make more money at 3 shillings than anyone else
Share price: Later in comments about the share price which has declined in the last month, CEO said the market over-reacted to Zain/Airtel promo they are due to foreign sellers who don’t understand Kenya. They take parts in road shows to teach such investors about the market, how they EBIT margin of 42% is exceptional compared to others like MTN and Orascom, and 4 of the 5 analysts who cover Safaricom put the share price as Kshs 5.5 to 5.8 (who’s the dissenter?).
Farewell Michael Joseph: Late the Chairman called on shareholders to thank retiring CEO Michael Joseph who built the company up from nothing in 10 years to be leading revenue earner and top brand in Kenya.
Waving the patriotic flag: After the meeting ended, CEO gave a talk on his pride in the company, which is a Kenyan company one can be proud of with its customers, M-Pesa (which people all over the world come to study), M-Kesho savings accounts (500,000 users signed up in 2 months). It is 60% owned by Kenyans, which none of their competitors (i.e. Zain, Orange, Essar can claim), all their spend is in Kenya, all their profits are re-invested in Kenya, with nothing outsourced outside. It has 2600 employees (all in Kenya) , and supports over 250,000 other Kenyans through dealership and mpesa agents and another 1,500 in customer care (which they can move that to India but that would not be in spirit of the company)
I will continue with images from Kenya's KATIBA day in August over the next few days: Here the PM takes the oath of office.
The Grid, a mobile only social network owned by Vodacom, has gone global.
First heard about The Grid when 'Portfolio Manager', Vincent Maher, spoke at Mobile Web in Nairobi earlier this year.
- The Grid is a mashup of instant messaging, content sharing, location based services
- They target ads by location gender age time of day. Also they use location based adverts. To use LBA one needs user location, ad server that support this (Google does) and application that adds location. This is good for very small businesses e.g. hairdresser, plumbers, and they can expect to see low volume of impression but a high click though rate
- Users don’t need to have GPS to use the service
as the Grid uses aerial photographs and their own maps (not Google maps)
-
What is coming next?
- Ambient (mood based) advertising
- Desire line anticipation (plot where you will be and advertiser prompts you to buy later when you get there)
The Grid has about two million users in South Africa, Nigeria and Tanzania. It rivals MXit, which dominates South Africa, and was launched in Kenya with Vodafone-managed Safaricom in May 2010.
The Rockefeller Foundation involvement in Africa goes as far back as 1914 and one of their goals is to strengthen food security in sub-Saharan Africa.
Climate change is affecting food security and the current floods in Pakistan attest and African farmers are seeing wild swings in weather, coping with higher temperatures, less dependable rainfall, and experiencing longer droughts. In Kenya, the Rockefeller Foundation estimates that maize production could decline by 30% in the next 20 years.
Africa countries need to recognize their vulnerability to climate change as ½ billion people depend on agriculture for their livelihoods, yet some governments are instead selling off buying tracts of productive land to other countries who are themselves investing to enhance their own food security through geographic diversification
The Foundation has thus made agricultural investments improve their productivity of farmers by reducing the risks they face through key innovations including
- Developing new affordable insurance products for small farmers & pastoralists that are indexed to weather; this encourages farmers to increase land & agricultural investment with the knowledge that they may be compensated if weather conditions adverse affect their harvest
pastoralists & their cattle camp in Nairobi's kileleshwa suburb during 2009 drought
- Funded the World Food Program to develop a software platform to predict most destructive elements; Known as RiskView, it can be customized or every district in every country in Africa and allows governments and aid agencies to when and where a drought will occur.
- Funded Kencall to implement a national helpline for farmers, staffed by a team of experts to answer farmer question on climate change, seeds, fertilizer, agro-dealer location etc – this will help overcome a challenge many famers don’t try new techniques or seeds because they don’t have enough information to take a risk. The information collected will become a research resource even outside Kenya.
- Partnered with Kenya-based Alliance for Green Revolution in Africa (AGRA), in a $50 million loan program through Equity Bank’s ‘kilimo biashara’ program in which the Foundation undertook some risk guarantee enabling the Bank lend to small farmers at below market risks who take up other products like fertilizer weather insurance, and use the help line.
read more
There’s an old company located near the port of Mombasa called the African Marine and General Engineering Company Limited - (AMGECO) which is a dry dock ship repair facility, and one of its kind on the East Coast of Africa.
The company has a long history in East Africa, and has gone through ownership and management changes over several decades, but the core investment is the Lloyd's certified giant facility & dry dock which carries out all manner of ship repairs including steel & metalwork, engine servicing, mechanical, electrical, cabin/woodwork, refrigeration/air conditioning and hull-cleaning among others. They also re-stock ships with provisions like food and water. 
pic from their website
The facility can handle repairs of various ships including cruise liners, military , cargo, tankers and others in its 40 metre wide berth, and currently they are repairing one of the old Kenya Likoni ferries.
The skilled work and scope of repairs is fascinating, and ranges from light repairs of lifeboats to heavy ship re-building in their dry dock - and it makes for an interesting place to visit in Mombasa if you get the chance
Deeply committed to an ethical vision of the world, an expansive ethics that ranges from veganism to anti-racist activism, Zephaniah works on and off the page. He has championed a poetry that speaks to publics, eschewing the model of the isolated genius artist intent on writing in cryptic codes. His commitment to a democratic poetics is perhaps most evident in his writing for children in the volumes Funky Chickens, Wicked World, and School’s Out: Poems Not for School. Zephaniah is deeply committed to the future of a risk-taking poetry that pursues social and political utopias. In “Protest Poets,” he urges “human poets” to “unite,” “Lest we pass on to future poets / a world in which, poets do not fall in love / or mek mistakes.”
Yesterday my bro came to me with a funny story of a red number calling which meant that you die at 1 am or something like that. I grilled him how the number would predict my death and he said he was being nice to the sister.
I laughed and reminded him of the movie one missed call, which had a similar story. He indicated that the story was going on Facebook and I can imagine it has spread very fast. I though it was only him.
But this morning someone raised the issue on a mailinglist and I wondered whether they were serious. Well, it seems am the only one not clued in because the Communications Commission of Kenya has just issued a statement to that effect.
I must say I am impressed by the way CCK has been responding to issues nowadays; from managing price wars to determining dominant player status in the telecoms industry, seems they are alert and I think it can only get better.
It also shows CCK is committed to ensuring the broadcast media exercises caution because it has reacted fast; maybe to cut the fear mongering. Maybe in hot political times, CCK will say that it acts all the times, whether political or otherwise.
Anyway, here is the press release from CCK....
The attention of the Commission has been drawn to SMS and email messages that are doing the rounds in the country warning mobile users against receiving calls from unknown or certain listed numbers. The messages further allege that receipt of calls from either the unknown or listed numbers would cause “brain haemorrhage due to high frequency”.
Upon analysis of the messages, the Commission has established the warnings are a hoax generated by unscrupulous people bent on causing fear and despondency among members of the public. The listed numbers are non-existent as mobile, fixed or international calls. In addition, the alleged haemorrhage due to high frequency has no technical basis whatsoever. The Commission, therefore, wishes to urge the public to ignore these messages and go about their business without any fear. The public is also advised to avoid fuelling the fear by transmitting the said messages to friends and family members either through SMS or email forwarding.
The Commission also wishes to call on the media, particularly FM stations, to exercise responsibility and avoid fuelling fear and despondency among Kenyans by dwelling on these baseless rumours.
We further wish to warn the originators of these messages that they are in breach of the law (i.e. Section 29 of the Kenya Communications Act, 1998). The Commission is already in contact with law enforcement agencies to ensure that the perpetrators of this crime are brought to book.
The Kenya ICT Board has just released the names of the winners of the Kenya Government Information Portal grant 2010 .The successful bidders will each receive a Grant Amount limited to a maximum of US$ 50,000 for firms and US$ 10,000 for individuals. The Tandaa symposium was conceived with the aim of generating and distribution of locally relevant digital content,the initiative grants seed money to webprenneurs with ingenious products to develop the same.
1. Octopus ICT Solutions Ltd for their 'HIV and AIDS in the workplace e-Learning Course' that will bring HIV and AIDS workplace policy to every civilian servant in the country. Starting with training for over 40,000 health workers in the first year, Octopus will develop an eLearning course that will work to sensitize civil servants on how to address HIV and AIDS at work and in their private lives. The course will help to reduce stigma and create a safe and supporting working environment for all civil servants including people living with HIV.
2. Infotrack Strategic Solutions Ltd for their 'Teacher's Portal' that will link teachers to their employers, the Kenya Teacher's Service Commission. Teachers across the country often have to travel al the way to Nairobi to access service. The portal will allow the TSC to reach teachers country-wide with services and teachers to communicate easily and effectively with the TSC. The portal will also have public facing competent allowing citizens to review information on teachers in each county.
3. iBid Labs for their 'Kenya Online Museum' project that will seek to document Kenya's history online. Through multi-media, ibid labs will capture 3 million years of Kenyan history to be distributed online and accessed from mobile phones. Inspired by over 25 museums in Kenya that host a rich history of the country, ibid started their project several years ago by extensively researching Kenya's history. The grant will give them the opportunity to realize their dream of making Kenyan history accessible to all Kenyans.( this is quite creative and will indeed rake in revenues with additional tourism interest being generated)
4. Foundation Support Services (FSS) Ltd for their 'IVR Tax Filing Solution', which will offer a voice prompted option for tax filing. The Interactive Voice Response system will allow any Kenyan with a mobile phone to fill taxes in variety of Kenyan languages. The system will help more Kenyans fallen their tax requirement. The team at FSS have a variety of experience in voice enabled technology and are passionate about making service available to all Kenyans country-wide.
5. BTI Millman Company Ltd for their 'eMazingira Software Application' - an open source application that will run on Ushahidi's crowd-sourcing platform. eMazingira will concentrate on documenting and collecting information on environmental degradation and abuse. The environment is one of Kenya's most precious resource and eMazingira will help citizens ensure that our natural resources are preserved for future generations. Citizen will be able to report environmental degradation cases to a dedicated mobile short code number and the information relayed to the relevant authorities for action. People will then be able to view reported cases and the actions being taken on an online interactive map of Kenya.
6. RiverCross Technologies Ltd for their 'EDUWEB - An education institution listing and interactive mapping portal' that will provide a comprehensive list and interactive map of all education institutions in the country allowing users to locate institutions by proximity to relevant locations. The solution seeks to integrate data already available from the Ministry of Education, as well as additional information--all accessible from a computer or mobile phone. The portal will allow students and parents to research and identify the best schools and will also the allow the public to view and analyze vital data on educational institutions.
7. JBA Advertising Co Ltd for their 'Lost and Found Project', which will collect information on the hundreds of IDs and official documents lost every day and provide an online and mobile based solution for search and retrial of lost documents. Loosing an ID can be quite a debilitating experience, and yet the document could be lying in a building or office nearby. With security and privacy in mind, JBA Advertising will build on a platform they have developed over the years to enable Kenyans to find their documents by accessing the internet or a query from their mobile phone.
In an age of information abundance, curating meaning is key.
9 months ago that is just what Jon Gosier set out to do as he took over the reins of the SwiftRiver initiative at Ushahidi. Today he announces the Beta release, and unveils the new website at Swiftly.org.
What is SwiftRiver?
SwiftRiver Open Beta Announcement. from Ushahidi on Vimeo.
“SwiftRiver is an open source intelligence gathering platform for managing realtime streams of data.”
Using 5 different tools in the toolbox, you can create a host of useful applications. Tools ranging from natural language processing to handling duplicates, or a source’s importance in the ecosystem. Much like a box of Lego’s, the value and usefulness of the apps created are up to the creator.
SwiftRiver lets users:
Like all Ushahidi work, the code is free and open source, anyone can download it, contribute to the code, and run it on their own server. Due to it’s complexity, SwiftRiver also offers a software as a service solution, allowing you to tap our servers for your own needs. Swift Web Services (SWS) is our cloud platform. The platform offers a number of different APIs to developers. With this platform you can easily beef up your applications with natural language processing & active learning, reverse geocaching, distributed reputation, content filtering and web analytics.

This first app, called the Sweeper is the first project to enter Beta and now ships with SwiftRiver. Sweeper, is a term Ushahidi uses to refer to people who ’sweep’ through a system, performing certain tasks, and it was for this reason that we put the Ushahidi resources behind the whole initiative.

SwiftRiver | Sweeper
History, contributors and codeThe origins of SwiftRiver are in the community of Ushahidi developers and users. Chris Blow and Kaushal Jhalla asked some hard questions after the Mumbai terrorist attacks in 2008, discussing the need for something that can help with this information overload we have in the first few hours of an emergency or disaster. Today, we’re seeing the first fruits of that technology, and it’s exciting to know that the potential for it’s use goes far beyond the crisis scenarios that we first envisioned.
Matthew Griffiths (Uganda) and Neville Newey (South Africa) have done a great job hacking out much of the code and designing the architecture for the platform. They’ve been joined by an army of volunteers and contributors, including: Joshua Bronson, Soe, Nishith Rastogi, Mang-Git Ng, Josh Bronson, Ivan Kavuma, Andrew Turner, Chris Blow, Kaushal Jhalla, Ed Bice, Moses Mugisha, Victor Miclovich, Wolfgang Werner, M. Edward Borasky, Maarten J. van der Veen, Ahmed Maawy, Colin Meinke. A huge round of thanks to everyone who gave freely of their time and energy to move this project forward!
Find out more on the website at Swiftly.org
Download the code, v.0.5 Cape Jazz
Post two of three: Safaricom has been one of the most progressive companies in terms of investor relation’s management, largely because of the cost of their large shareholder base. They spearheaded move to avail electronic instead of printed annual reports and payment of dividend by m-pesa, as opposed to cheques which were unviable for many shareholder who had the bare minimum of shares. Another benefit of electronic reports is that they are easier for potential investors to obtain (some companies print as few reports as legally possible and they don’t circulate widely)
Inside Safaricom's 2010 A/R
Shareholders: - Safaricom has 787,363 shareholders down from 828,912 in 2009
- The Government of Kenya has acquired more shares in the company despite a stated move of divestment. This year they have 22 million more shares, going up from 35% to a 35.06% stake
- Overall there are more foreign buyers of Safaricom shares, but NSSF Rwanda may have exited
- Director Esther Koimett bought 517,600 shares, and chairman Nicholas Nganga has 850,100. Outgoing CEO Michael Joseph and Finance Manager Les Baille each own 2.5 million shares, while their replacements, Bob Collymore and Chris Tiffin have none
- Last years’ AGM (the first since NSE listing and prominently advertised as having no handouts or frills) was attended by just 2,182 shareholders.
- 180,000 shareholders got their 2009 dividend by m-pesa (mobile phone payment)
Performance - Revenue breakdown of the 83 billion ($1 billion) in revenue voice accounted for 75% (2009: 83.4%), with SMS and other data at 9.7% (2009: 8.8%), Mpesa at 9.0% (2009: 4.2%) and equipment sales at 4.4% (2009: 3.3%). Revenue growth was 8% for voice, 32% for SMS/Data and 158% for Mpesa n all categories was positive with voice at 7.8%, SMS and other data at 32.4%, 58% for equipment sales and 158% for Mpesa
- North Eastern Kenya region is growing by over 200% owing to improved security
Other Numbers - Earned Kshs 7.6 billion ($95 million) from m-pesa (up from 2.9 billion in 2009)
- Has Kshs 10 billion ($125 million) in cash and short-term deposits, up from 4 billion the year before. Safaricom earned interest income of Kshs 350 million in the year
- Borrowings comprise 6.28 billion from a consortium of banks, 2.3 billion from one bank, and 7.5 billion in corporate bonds
- Have 2,000 dealers and 200,000 retailers
- Pay income tax at 27%, compared to 30% before they listed at the NSE
Staff - Launch ESOP in 2009 with 101 million shares and which will be issued in 2013. 2165 staff (88% of total) have joined the scheme
- Key management were paid 522 million (up from 438m)
- Of their 2,470 staff the company has an almost equal ratio of male and female employees
Fibre/Data Investments: - are investing 890 million into Seacom: they paid 316 million and balance of 573 million is to be paid over the next 5 years
- Paid 2 million to TEAMS for a 22.5% stake (other shareholders are GoK and Telkom both with 20%)
- Paid KPLC Kshs 116 million as part of 290 million for use their power network for fibre distribution over the next 20 years
- Bought packet stream data networks, for wimax,for Kshs 373 million shillings, and has lent Kshs 600 million to One communication (in which they own 51%)
Customers - their internal customer delight index had a measure of 7.38 last year against a target of 7.76
- Its true that premium customers get better customer service - there is a platinum line at call centre to service platinum (high end) customers on a prioritized basis (i.e. even by calling regular customer service free help line, ‘100’ they get through and served faster
- Safaricom business has over 2,000 customers including airlines, media houses, banks
- Mobile data is responsible for 90% of data revenue
- customer growth (their measure) Safaricom took up 65% of new phone lines in last year
- website: Safaricom the most progressive companies in online investor relations in terms of results and investor briefing posted on the web site and now dividend payments by mobile phone. It now uses twitter & facebook accounts, to promote its services and also try and (slowly) responsd to numerous customer service and product queries posted online
Rival disclosures: Safaricom’s main rival is Zain Kenya - and while it is not a listed company, the former Zain parent was listed on the Kuwait Exchange, and used to produce some extensive reports on their African operations - ranking individual countries by revenue, profit, subscribers - which was information that the local Zain office did not typically share. Similar information can also be gleaned from Orange of France about their Telkom Kenya operation.
Zain Africa sold to Bharti Airtel of India and while a financial quarter is yet to pass since the takeover, it appears they may follow the trend, as they are also a listed company with segmented reporting requirements. For Kenya in July 2010, they note that:
- Airtel Kenya has been given additional frequencies that enable it to offer 3G services
- All operators will have the right to borrow funds from the universal service fund (a fund that will comprise 1% of mobile operators annual turnover) and to use to set up infrastructure in the identified rural areas.
- Kenya companies are Bharti Airtel Kenya B.V. (name changed from Celtel Kenya BV), and Bharti Airtel Kenya Holdings B.V. (name changed from Celtel Kenya Holdings BV)
Many political commentators agree that they have never seen the president so passionate about something (like he has been about the new constitution) and they have never seen him so happy about something (like he was in the picture after signing the new constitution into law). The fact that Kibaki delivered the new constitution has rescued his legacy rather dramatically. Lucky man!!
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| Bashir at the Promulgation in Uhuru Park. |
