Just out of Curiosity or rather a discussion
I have been wondering if these games Vodacom are throwing to customers every now and then are real or just another way of milking cash out of poor Tanzanian citizens who are wishing to make a lump sum.
Do government authorities regulate these games?, Do they know how much are cell phone companies make out of these games and how much they dish out to customers in total, if at all as comparison to the profit they make , do they collect tax out of it like National Lottery.
I doubted it!! And I know you have been wondering too, but I will definitely dig deeper for the truth.
Let me talk a bit about something many of you already know and we always question it in our daily chilling time or hearing people asking the reality of these games. As for sure it is not very transparent; neither to the government nor to the customers.
An oligopoly is a market dominated not by one, but by a small number of companies. Because the number of companies is so small serious price competition doesn’t happen very much. Instead oligopolists tend to do sneaky things like charging you small amount of cash as an entrance fee or every time you play cash prize games and many other techniques which I will bring to your attention next time.
For example: Vodacom promotional game Kamata Mpunga,
All you need to do is answer a number of questions correctly to be in a draw and increase your chance of claiming your ‘prize’. If there’s any!!
To encourage you to play they make the questions very easy and the company makes a lot of money by charging extremely high rates for the messages you send for instance 200/TSh per sms.
Vodacom has around 6 million subscribers across the country; let us assume a lowest number possible playing the game per day is 100,000 people out of 6 million, which is 1.6% of Vodacom customers.
Do the Math: 100,000 x 200/TSh = 20,000,000/TSh per day
20,000,000 x 30 days = 600,000,000/TSh per month
This is a serious amount of money one can make out of poor Tanzanian citizens, and guess what! The game is on for three to four months or so.
The funny thing is that this Mega companies are already making a lot of profit from extremely high rate sms, data and voice tariffs but they don’t have any sympathy on milking cash out of poor me and you by deceiving us wit these kind of tricks and unsurprising the government is quiet. Until we have regulators who are committed to working for the public we will always going to be on the losing side
Remember: “HEADS THEY WIN, TAILS WE LOSE”
to be continue........
I have been wondering if these games Vodacom are throwing to customers every now and then are real or just another way of milking cash out of poor Tanzanian citizens who are wishing to make a lump sum.
Do government authorities regulate these games?, Do they know how much are cell phone companies make out of these games and how much they dish out to customers in total, if at all as comparison to the profit they make , do they collect tax out of it like National Lottery.
I doubted it!! And I know you have been wondering too, but I will definitely dig deeper for the truth.
Let me talk a bit about something many of you already know and we always question it in our daily chilling time or hearing people asking the reality of these games. As for sure it is not very transparent; neither to the government nor to the customers.
An oligopoly is a market dominated not by one, but by a small number of companies. Because the number of companies is so small serious price competition doesn’t happen very much. Instead oligopolists tend to do sneaky things like charging you small amount of cash as an entrance fee or every time you play cash prize games and many other techniques which I will bring to your attention next time.
For example: Vodacom promotional game Kamata Mpunga,
All you need to do is answer a number of questions correctly to be in a draw and increase your chance of claiming your ‘prize’. If there’s any!!
To encourage you to play they make the questions very easy and the company makes a lot of money by charging extremely high rates for the messages you send for instance 200/TSh per sms.
Vodacom has around 6 million subscribers across the country; let us assume a lowest number possible playing the game per day is 100,000 people out of 6 million, which is 1.6% of Vodacom customers.
Do the Math: 100,000 x 200/TSh = 20,000,000/TSh per day
20,000,000 x 30 days = 600,000,000/TSh per month
This is a serious amount of money one can make out of poor Tanzanian citizens, and guess what! The game is on for three to four months or so.
The funny thing is that this Mega companies are already making a lot of profit from extremely high rate sms, data and voice tariffs but they don’t have any sympathy on milking cash out of poor me and you by deceiving us wit these kind of tricks and unsurprising the government is quiet. Until we have regulators who are committed to working for the public we will always going to be on the losing side
Remember: “HEADS THEY WIN, TAILS WE LOSE”
to be continue........
