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Monday, January 26, 2009

Corruption at KPC continues unabated - Higher fuel prices

Kenyans will see higher fuel prices. Why?

1) Banks will not lend to many oil firms OR will do so at much higher costs.

2) Ullage allocation favoritism at KPC's KOSF.

3) Demurrage charges to add to fuel costs.

4) Government corruption unabated even after Triton collapsed. High-level corruption?

5) Inefficient government owned Oil Marketer to be favoured over others. More corruption?

9 comments:

Lord said...

CT

What do you think is happening...? Do you think the country will survive...

I think the Panacea to all this is Majimbo ...since onership will be close to the people (jimbo) and theft will be localised increasing the chance of being lynched.......

Look at Zain...You mentioned (zain) last week...its was mentioned in papers Today.....Whats going on CT....?

Whats is KALONZO doing??? he should steal to prepare for 2012 !!! if we reach there

Lord said...

Hi

taken time to scan you articles...You seem to double/triple avery year....

2009 am seeing you hiting 360...(one a day)....Is it because corruption is increasing?

coldtusker said...

Kenya as a country will survive.

Kenyans as a people will suffer greatly. Suffering causes social dysfunction & that can create unnecessary conflict (as seen in Jan 2008).

Majimbo: Very slippery slope. We are NOT Americans. I prefer a different political model. I will blog on it.

Zain: I hate it when competition is stifled. Thanks to Zain & (new)Telkom/Orange, calling charges have dropped.

Same with M-Pesa, a credible Zap will drop cost of sending money!

coldtusker said...

Lord: 360? Wow, that is tough but a blogger's reward are comments. No comments means we do not know of folks are reading the blog!

Lord said...

Comments!!

You could increase those commenting by leaning towards the Mt...you know what i mean? its my joke.
Also Kenyans are 'shallow minded' they like things like "Ruto Caused the clashes Or such .."

I have you heard of MINERVA....A great S Korean Blogger who wrote financials like you till the authorities PICKED him up last week for influencing the people....(Korea is the most wired country in the world)

Google....you may get something....

If you migrate to a template like KE's what would be the effect..explore

coldtusker said...

Yes, I read about Minerva. And he was right in many instances.

I think the S.Korean authorities over-reacted. BUT it also shows the power of blogging.

And the idiots in Kenya want to do the same i.e. control independent thought.

Kenyans should be able to JUDGE what they read. Of course, the government should not lie to folks. State the facts as are. BUT opinions should be allowed.

Lord said...

Now DEVANI warant of arrest been withdrawn......whats this country comming up to ?....It seems they do not want to be hypocritical anymore...thats a step in the positive DIRECTION at least...

selina said...

I recently came across your blog and have been reading along. I thought I would leave my first comment. I don't know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.


Sarah

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martha said...

I recently came accross your blog and have been reading along. I thought I would leave my first comment. I dont know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.


Susan

http://8080proxy.com