Boy was I wrong!!!
I knew the fuel price would go up but not by such a margin! Even when KenolKobil said the margin would be approximately 7.20/=, I was apprehensive.
Any wazuan who has done this calculation independently? Who knows? This is Kenya and the margin can be made higher at a price. If there is an "error" of 3/= per litre, imagine how much that would translate to in a month!
I think the taxes on fuel should also be reviewed. The government makes approximately 30/= per litre of fuel** (give or take), wholesalers 6/=, retailers 3/=. And the government blames the oil marketers for high prices!!! Seriously!?
**Anyone with the exact figure post it here.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.