2017 > 2016 based on Jan & Feb
Market Share is up but KK looks for profitable sales over volumes
Ethiopia downsized coz the market is tough with very low margins and dealers who didn't pay on time. These changes/decisions have made ET profitable for KK. Focus will be to grow non-fuel sales e.g. Lubes, etc.
Castrol blending plant will depend on BP but currently high-end oils are imported from SA. Volumes growing but not enough to justify a blending plant.
KK to double branches in Zambia over 5 years.
Stations being acquired in 2017 in Kenya.
KK expects higher volume sales in 2017 but a caveat was given re: elections.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett