@ The Deal:
The Oil marketers will examine the price regulations and do one of two things:
1. Accept them if they have enough loop holes to ensure they are impotent. Kenya as a liberalised economy cannot be seen to be having a 'price control' and hence the more friendlier term 'pricing formula'.The oil marketers seem to have been consulted on this one as they have largely remained quiet. They may have been able to milk some favourable concessions from the GoK in exchange for the 'Pricing formular'.
http://www.businessdaily...0/-/muj1e9/-/index.html
2. Go to court and ensure the guidelines are shelved if they do not favour business. Am sure the well paid lawyers of this oil marketers are up to the task. The pricing formula is a populist move by the Ministry of Energy which is partly responsible for the high fuel prices.
Happy hunting.
x handle: @stocksmaster79