Money Markets
Shell’s exit plan raises questions about Kenya unit
Motorists queue at Shell station to get petrol. The parent company plans to boost its presence in South Africa and Egypt. Photo/CHRIS OJOW
By ZEDDY SAMBU
(email the author)
Posted Thursday, March 18 2010 at 00:00
Posted Thursday, March 18 2010 at 00:00
By making an offer to only four partners, the group’s strategy was clear to favour the exit of the entire company in specific regions at once.
In 2008, Shell left 15 African countries, saying, at the time, that it wished to concentrate and develop its activities in its remaining operations.
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