[kictanet] Mocality closing down?

[Solomon Mbũrũ Kamau]

On 15/02/2013, Mark Mwangi <mwangy at gmail.com> wrote:
> And just to fire some shots, why are all companies that Moses Kemibaro
> joins end up folding up? Is he some sort of hitman?

He could be.

And is  olx based on the same principle as Mocality?
>
> 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 at gmail.com <javascript:_e({}, 'cvml',
>> 'pkariuki at gmail.com');>>
>> *To:* robertyawe at yahoo.co.uk <javascript:_e({}, 'cvml',
>> 'robertyawe at yahoo.co.uk');>
>> *Cc:* KICTAnet ICT Policy Discussions
>> <kictanet at lists.kictanet.or.ke<javascript:_e({}, 'cvml',
>> 'kictanet at 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 at gmail.com<javascript:_e({}, 'cvml',
>> 'peterwakaba at 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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>> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform
>> for people and institutions interested and involved in ICT policy and
>> regulation. The network aims to act as a catalyst for reform in the ICT
>> sector in support of the national aim of ICT enabled growth and
>> development.
>>
>> KICTANetiquette : Adhere to the same standards of acceptable behaviors
>> online that you follow in real life: respect people's times and
>> bandwidth,
>> share knowledge, don't flame or abuse or personalize, respect privacy, do
>> not spam, do not market your wares or qualifications.
>>
>>
>>
>
> --
> Regards,
>
> Mark Mwangi
>
> markmwangi.me.ke
>