23 Mar
2010
23 Mar
'10
10:12 a.m.
McTim wrote:
HI aki,
On Tue, Mar 23, 2010 at 7:31 AM, aki <aki275@googlemail.com> wrote:
Dear Listers,
Sorry for the cross-posting and am adding my opinion.
There is a story in Business Daily today titled " AccessKenya records 31 p.c. drop in profit " . No matter what way you look at the article, the consumer has spoken.
I'm not sure this is necessarily so. lower profit does not always stem from fewer customers.
I think what will happen in the long run is their turnover will reduce considering they have had to reduce prices for big corporates who used to pay exhorbitantly, unless they manage to rope in huge extra clients to fix the price reduction.