aki wrote:

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 how you read the article, but I think its a "different way" than the way I read it.

It is quite clear from the graph in the article that turnover for 2009 have infact increased (by what seems like 1/3), and the article clearly states that it is the investments that have nearly doubled and thereby reduced profitability... So yes I agree that the consumer has spoken, but in favor of AccessKenya ;-)

Anyway it will be interesting (as always) to see the public accounts when they are out.

regards
webMike

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