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SAVING FUEL COSTS * Kenya - Truckers to cut costs by importing fuel
The Kenya Transport Association (KTA) says that if members are allowed to import their own fuel , they will be able to cut costs by getting rid of the margin imposed by local oil companies
Nairobi,Kenya -The Business Daily Africa, by Miano Kihu -August 13, 2008: -- Cargo transport companies might soon start importing their own fuel to minimize operational costs... The truckers say the cost of fuel currently comprises about 60 per cent of their costs and they fear that some of their businesses could close shop if the Government does not intervene... The Kenya Transport Association (KTA) chairman, Mr Mwinyi Shimbwa, said that over 50,000 trucks owned by the KTA members in the country consume about 200 million litres of diesel per month... He estimates the fuel levy paid to the Kenya Roads Board (KRB) at Sh1.8 billion per month... ‘‘We feel that by buying oil on our own, we will be able to bring down our costs and get rid of the margin imposed by local oil companies whom we currently buy from,’’ he told Shipping News, a day after the transporters tabled their agenda before Prime Minister Raila Odinga...Labels: ideas fuel saving
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