Now this is Yuuuge!!!!

[The.Black.Templar]

Too bad the Kenya oil refinary was shut down in favour of importing already refined fuel, so dont expect the price to go down much

 

[Okiya]

This is the worst time to be a peasant. Meanwhile birrioneare wanalia pia. Richard Branson is seeking bailout from the govt. Akikosa bankruptcy is real

Australia walikataa kupea Virgin Airlines bailout. Meanwhile, 3 Chinese airlines are hovering around to take over Virgin..

 

[Okiya]

Too bad the Kenya oil refinary was shut down in favour of importing already refined fuel, so dont expect the price to go down much

We also dont buy US oil. We get it mostly from Saudia and UAE

 

[Okiya]

Mimi sielewi why we are still paying over Sh90 for a litre of petrol. I've read somewhere that some oil traders are willing to give it up FREE coz it's stuck in the high seas and storage capacities are exhausted.......................

It depends where a country buys crude from. Kenya mostly buys Arab light from Saudia and Murban from UAE. So kenyans should be monitoring the prices of those two closely

 

[Wegrow]

Job iko aje?...

Ni kubaya Saidi I think I'll have to rethink my strategy as I have been doing jobo the corporate way. Those who have been going the walk in route are not complaining much.
I don't know how long I can hold nirushie projects kama uko nazo

 

[Othello]

Australia walikataa kupea Virgin Airlines bailout. Meanwhile, 3 Chinese airlines are hovering around to take over Virgin..

I understand washaungua already. I think angekuwa US it wont be this way

 

[shocks]

West Texas Intermediate (WTI) crude, America's crude is currently trading at negative 40$ a barrel. January 5th it was $65 a barrel. US companies will be driven out of business

Saudia with their Brent which is $26 wako sawa.

View attachment 9950

View attachment 9951

Brent ni UK north sea oil, this is mostly sold in Europe. Sisi hununua products based on murban, a blend from UAE. its around U.S $20

 

[Ole masai]

It depends where a country buys crude from. Kenya mostly buys Arab light from Saudia and Murban from UAE. So kenyans should be monitoring the prices of those two closely

View attachment 9981

We don't buy crude! We import refined products. Our refinery was closed eons ago.

 

[Okiya]

We don't buy crude! We import refined products. Our refinery was closed eons ago.

Thanks for the correction. Let me rephrase. The refined products we import mostly comes from Saudia and UAE. So if one wants to monitor prices, they should focus on Arab light and Murban crude.

 

[Ssabasajja]

A little bit longer and many jobs will become redundant, people will find out that they can live without some services and excesses like huge weddings.....

Huge weddings zikitoka, women wataumia sana. But you are right, we should brace ourselves for a recession.

 

[Ssabasajja]

I understand washaungua already. I think angekuwa US it wont be this way

Australian government iliwaambia since most of the shareholders are foreigners, wajipange. The firm wanted $800m bailout, hao pia wana mchezo.

 

[Wegrow]

Huge weddings zikitoka, women wataumia sana. But you are right, we should brace ourselves for a recession.

Looks like things are headed for default settings, some jobs are being wiped out.Everyone else is rooting for their own survival therefore they will shed whatever is deemed to be bargage

 

[Ramses]

Looks like things are headed for default settings, some jobs are being wiped out.Everyone else is rooting for their own survival therefore they will shed whatever is deemed to be bargage

Many in the periphery of noncore systems will most likely lose their jobs, companies will be forced rationalize and only keep the core functions necessary to survive. Some departments like HR, PR, Marketing.... will be results based or phased out all together.
Firms providing noncore support will also be hit hard...... Consultants mnaniskia?