I have at least an understanding of what is going on after reading this story.We have a mungiki like clique of businessmen who are making billions beating the system at the expenses of established brands Welcome to the capitalist Nation.
Quote:Every month, the ullage committee, which is responsible for allocating space comes up with a list with details of the space allocated to importers at the Kipevu Oil Storage facility, the Mombasa-Nairobi pipeline and other storage facilities owned by Kenya Pipeline Company Ltd.
Out of the 53 licensed importers who were allocated ullage space in the month of April -- less than 10 own petroleum stations. If you combine the total of the space allocated to these new players, it is more than what has been allocated to a major player such as Kenol Kobil with 30 per cent share.
The weaknesses of a system skewed to favour traders at the expense of big players with marketing outlets came out clearly during last week's crisis.
In the middle of the crisis, KPC was sitting on 19 million litres of petrol in its tanks in Nairobi's Industrial Area even as motorist were suffering, having to wait in long queues.
It was to emerge later that of the 19 million litres of petrol in KPC tanks -- the largest proportion belonged to trading companies with no marketing outlets.
This explains last week's riddle of a country with too much petrol in storage yet not a drop in the petrol stations.
http://allafrica.com/stories/201105090076.html'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3