And just to fire some shots, why are all companies that Moses Kemibaro joins end up folding up? Is he some sort of hitman?

On Friday, 15 February 2013, robert yawe wrote:

Phares,

It is not that online advertising does not generate enough revenue but that the organisations have the wrong expense model for the corresponding revenue. I am aware of a number of businesses that make enough revenue from online advertising to meet their overheads.

If someone earns 10,000/- and then they develop expenses of 30,000/- is their inability to meet their expenses a result of the low pay or are they just plain living beyond their means?

Regards

Robert Yawe
KAY System Technologies Ltd
Phoenix House, 6th Floor
P O Box 55806 Nairobi, 00200
Kenya

Tel: +254722511225, +254202010696

From: Phares Kariuki <pkariuki@gmail.com>
To: robertyawe@yahoo.co.uk
Cc: KICTAnet ICT Policy Discussions <kictanet@lists.kictanet.or.ke>
Sent: Friday, 15 February 2013, 18:55
Subject: Re: [kictanet] Mocality closing down?

Online advertising doesn't yet generate enough to maintain most
business overheads. Sadly.

Sent from my iPhone

On 15 Feb 2013, at 16:51, Peter Wakaba <peterwakaba@gmail.com> wrote:

> cash crunch. apparently it wasn't making 'any money'. More likely though that they could'nt break even.
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Regards,

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markmwangi.me.ke