I was about to agree with you on the issue, but i remembered am a Total Kenya shareholder whose share price has dropped by 50% at the NSE.
Reasons cited for Total Kenya loses include, the USD-KES, High Oil prices and HIGH FINANCING COST! (Interest rate are unimaginable)
Total Kenya argued out with ERC that the financing cost need to be included in the formulae, and since March 2012, it has been included.
I HOPE THAT EXPLAINS THE HIGH COST. I ALSO HOPE THAT MAKES SENSE!
Receive with simplicity everything that happens to you.” ― Rashi