wazua Fri, Apr 17, 2026
Welcome Guest Search | Active Topics | Log In

238 Pages«<159160161162163>»
KENOL/KOBIL
Options
Previous Topic · Next Topic
Magnetic Touch
#1601 Posted : Tuesday, April 19, 2011 1:45:04 PM
Rank: Member

Joined: 12/31/2008
Posts: 90
So you do not mind get shafted as long as it is done in a smaller (presumably less painful) wayd'oh! . I certainly do.

Gordon Gekko wrote:
[quote=the deal]Rwanda now caps fuel prices

http://www.bloomberg.com...oil-costs-increase.html[/quote]

US$ 1.76/litre = ksh 149. This means that it costs ksh 38 (140 - 111) to transport a litre from NBO to KGL - is that realistic? So why are we complaining when other people are being shafted in a bigger way?
Back to top
  |
VituVingiSana
#1602 Posted : Tuesday, April 19, 2011 5:32:51 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,369
Location: Nairobi
Gordon Gekko wrote:
[quote=the deal]Rwanda now caps fuel prices

http://www.bloomberg.com...oil-costs-increase.html[/quote]

US$ 1.76/litre = ksh 149. This means that it costs ksh 38 (140 - 111) to transport a litre from NBO to KGL - is that realistic? So why are we complaining when other people are being shafted in a bigger way?
It's the inefficiencies. Look at how long it takes for trucks to move from Mombasa to Nairobi then to Kisumu, cross the border [delays] then to Kampala before another border crossing before it gets to Kigali!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
VituVingiSana
#1603 Posted : Wednesday, April 20, 2011 1:52:39 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,369
Location: Nairobi
Here is a blog post I googled from January 2009.

Was it prophetic?

http://coldtusker.blogsp...oldtusker-told-you.html

Now there are silly proposals to:
- Introduce price controls (bad, bad idea)
- Give NOCK (another inefficient 100% gov't owned firm) the right/guarantee to import 30% of Kenya's fuel requirements rather than compete vs the rest of the importers. What if NOCK negotiates prices that are say a little over market... the difference going to some politician's bank account in Cayman?

Do I smell scandal & corruption if the proposal were to pass? YES.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  | | Edit by user: Wednesday, April 20, 2011 10:07 AM | Reason: Not specified
the deal
#1604 Posted : Wednesday, April 20, 2011 8:29:03 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
VituVingiSana wrote:
Here is a blog post I googled from the January 2009.

Was it prophetic?

http://coldtusker.blogsp...oldtusker-told-you.html

Now there are silly proposals to:
- Introduce price controls (bad, bad idea)
- Give NOCK (another inefficient 100% gov't owned firm) the right/guarantee to import 30% of Kenya's fuel requirements rather than compete vs the rest of the importers. What if NOCK negotiates prices that are say a little over market... the difference going to some politician's bank account in Cayman?

Do I smell scandal & corruption if the proposal were to pass? YES.

You were spot onApplause Applause Applause Applause Applause
Back to top
  |
youcan'tstopusnow
#1605 Posted : Wednesday, April 20, 2011 8:55:47 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
VVS, I christen you the Sage of NairobiLaughing out loudly
GOD BLESS YOUR LIFE
Back to top
WWW
  |
jerry
#1606 Posted : Wednesday, April 20, 2011 9:04:59 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
youcan'tstopusnow wrote:
VVS, I christen you the Sage of NairobiLaughing out loudly

>>I second. Very Veritus Sage in a similar way we've use rt reverend.
The opposite of courage is not cowardice, it's conformity.
Back to top
  |
Gordon Gekko
#1607 Posted : Wednesday, April 20, 2011 10:36:24 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
youcan'tstopusnow wrote:
VVS, I christen you the Sage of NairobiLaughing out loudly


Nairobi is too small for Herr vvs!!smile
Back to top
  |
VituVingiSana
#1608 Posted : Wednesday, April 27, 2011 1:18:24 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,369
Location: Nairobi
BTW, KK just acquired/leased a Fuel Depot in Tanzania. 33,000m3 capacity. They can expand their export operations to DRC, Burundi, Rwanda & Uganda!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
Gordon Gekko
#1609 Posted : Wednesday, April 27, 2011 1:28:29 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
VituVingiSana wrote:
BTW, KK just acquired/leased a Fuel Depot in Tanzania. 33,000m3 capacity. They can expand their export operations to DRC, Burundi, Rwanda & Uganda!

Just got the email. See you at the AGM tomorrow?
Back to top
  |
VituVingiSana
#1610 Posted : Wednesday, April 27, 2011 1:47:38 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,369
Location: Nairobi
Gordon Gekko wrote:
VituVingiSana wrote:
BTW, KK just acquired/leased a Fuel Depot in Tanzania. 33,000m3 capacity. They can expand their export operations to DRC, Burundi, Rwanda & Uganda!

Just got the email. See you at the AGM tomorrow?
I will be incognito lakini yes... Even if I miss it, it will be on youtube!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
238 Pages«<159160161162163>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.