Sigh, where is that $60 oil!

How I would benefit:
- KK makes more 'net margin' with cheaper oil since the 6/- margin is higher as % on 80/- petrol vs 115/- petrol. Also lower financing costs!

- KPLC. Lower (fuel) charges for consumers means increased consumption & lower defaults.

- KQ. The losses on the fuel hedges will be more than offset by savings on Spot Purchases. Over time, more people will fly if the fares are lower due to lower fuel surcharges!

this is not a joke Nabwire, the level of unemployment according to MSNBC today is higher than it has ever been in the history of America. That should tell you something about the demand for McDonalds and shopping for luxuries. further you need to understand the American culture which like south Africans is built on credit. People spend what they expect to earn and are hence forever indebted. That is why such countries are heavily affected by recessions because of unpaid arrears and bills. This is the reason why SA firms such as Nu Metro, fast foods giant Nandos, retail chain Metro Cash & Carry and household goods outlet Supreme Furniture, media24 etc have failed. There culture differs with ours and that could also be the reason why Kenyan firms have failed in Tanzania, different cultures period. Globalization and deregulation may have opened up new markets but that does not mean that firms will succeed in doing business.America is in trouble and they are not alone, Europe is also in turmoil. The question is, when will this catch up with us in Africa because it will eventually catch up with us so long as we do need financial assistance from these countries. Maybe they'll require budget cuts and accountability in future that will limit government expenditures

and then we'd sell them our manufactured products & services, thus, keeping the money within the family (EAC: Spider Web Economics) beats wiring $ over the Indian Ocean.

an economy cannot grow through self inclusion. we dont have the absolute nor the comparative advantage to do that. it might be expensive to make a car in kenya than in china. the reason why countries charge in dollars just like EA cables is because of foreign exchange risk associated losses. we need europe as much as they need us,thats the beauty of business

...hope sio food stamps u talkin about...... Its a nice place coz of the fact that they dealt with the BASICS a long time ago...ie food, water among others to include electricity.....and that hard work counts.