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Elder Lister
Huyo wa katikati anakaa Collymore amerudi
The Side Shows Have Started...
- Thread starter It's Me Scumbag
- Start date
I think he has been framed though. If they are hoarding, then the govt owned National Oil should have fuel. They are not happy operating at a loss.
Ngimanene na Muchere
Elder Lister
Kusema ukweli, sioni huyo jamaa akienda pahali. Ni zile tu vitisho baridi atoe kitu kubwa kwa wakubwa
Mwalimu-G
Elder Lister
It doesn't because it has not been importing.
They are not required to import but rather purchase from Kenya pipeline
Mwalimu-G
Elder Lister
Well, buying can be a bit tricky if you are broke...and the person to sell you has a more lucrative ready market in UG and DRC...
Broke National Oil lost Sh500m in single year, risks auction
BUSINESS
By Moses Nyamori | Aug 5th 2021 | 2 min read
The report says this exposes the parastatal to possible seizure of its assets by the lender. [Courtesy]
Cash-strapped National Oil Corporation of Kenya (Nock) lost nearly half a billion shillings in a single financial year, raising its accumulated losses to over Sh3 billion.
In addition, the auditor general report states that the State-owned corporation’s current liabilities stand at Sh7.5 billion, more than its current assets estimated at Sh2.3 billion.
zapp_brannigan
I am not a Futurama fan .
Ideally, things should start getting back to normal. Hakuna haja ya subsidy na oil marketers hawaipati in good time .It's bad for their cash flow and in turn, leads to so much time-wasting while watu wamepanga line for fuel. Hii kupanga line is as bad as being stuck in traffic.
Toa subsidy and let the market adjust accordingly.
There is something called Open Tender System that determines who imports the fuel.
National Oil is dead broke.
Ngimanene na Muchere
Elder Lister
Na KQ si it always knows gavament will come through. Hata National Oil ipewe hio thrupass
Kasaman
Elder Lister
Stage managed !
Ngimanene na Muchere
Elder Lister
What`s the point of a fuel stabilization fund that takes money away only to refund it later and make oil marketers kneel, beg and almost lick booty wapewe what was taken from them? Si watoe hizi taxes 1000 wameweka kwa mafuta and spend less. This is dogomothistic thinking by Konyags
Dear gavament people and apologists, read this. Has been diluted to bread muelewe @mkurugenzi this has been dumbed down uelewe
Dear gavament people and apologists, read this. Has been diluted to bread muelewe @mkurugenzi this has been dumbed down uelewe
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Mwalimu-G
Elder Lister
We do our things differently.
mkurugenzi
Elder Lister
We have more important things to think about sio bei ya mkate. Easter starts early.
Ngimanene na Muchere
Elder Lister
Kama kuiba picha? Weka namba ni kurushie kakitu angalau familia ikule matumbo