2012 wrote:My worry is more on what precedence this action is setting. Who will be next? Scangroup? May be Kenol Kobil? Nation? Citizen? Tuskys? Equity? Bamburi? Bidco? KQ? All companies will be afraid of growth and market leadership if it's termed unfair to be ahead of your lax and inefficient competitors.
AMEN...
Kenol Kobil has fought off Shell, Total, etc to emerge as #1 in Kenya thru ORGANIC growth. Not only in Kenya but also a power in regional East Africa. Will the idiots curb their success?
Nation has grown organically. Did you know Standard used to be #1? KTN was #1? Nation was DENIED broadcast licenses by the corrupt idiot danny moi YET Nation triumphed to be #1.
Nakumatt (& Tuskys) have handily beaten the then #1 Uchumi (dominant in 80s & 90s).
Bidco was a small player against Unilever/EA Industries. Success was hard but earned.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett