Very informative piece of info right there. So the licensed importers of crude do not have adequate working capital and have to finance by borrowing from banks or wherever at exhorbitant rates and passing on the same to the consumer. The supposed benefits of tendering and only allowing one importer at a timer means then that there is no real benefit to the bulk import system. It would be interesting to see what would happen if there were various competing importers. I am willing to bet my left leg that the price of fuel would be much much cheaper. Rationale; (1) Players import what they can afford without resorting to borrowing (2) The competition among distributors would force prices down (3) It would discourage hoarding by 1 player (4) It would encourage intradate between players and could even encourage players to explore the petroleum futures market. (5) It would allow shipping in of products through out the year and eliminate the artificial shortages that winning bidders are known to create in order to increase prices

Itakuwa chida Ndugu yanyu Imagine wife works in huringham so abebewe na Neiba X na hubby aende na gari cos anawork machacos !!....for how long? There will Be WW3 in all households before U know it

imagine cycling to Rongai in rainy weather

why is it that we cant import fuel from sudan?

Methinks that is in unethical for NOCK to be celebrating having made a profit in the last financial year when it's sole reason for existence is to reign in the OMCs and not make money for GOK. I blame NOCK and ERB for these issues. I would prefer the 'independents' to be let loose on the two remaining multinationals and the profiteering NOCK!! Those few warias can give them a serious run for their cash to the benefit of Kenyans.