State denial
Ndemo also disputed claims the Government was not keen on implementing the original glide path, which was agreed after a study conducted by international firm, Analysis Mason.
“There has been a dispute, which we have been negotiating to solve. It was a bit difficult to stick to the original glide path because cost of things like fuel and other items that were used in the original costing went up,” said Ndemo.
Wangusi told The Standard that CCK would soon commission another study on termination rates to determine if the regime used locally is suitable for the industry.
“We will commission another study but whatever its findings, the agreement is that the termination rate will remain at Sh1.60. If the new study reveals that the rate should be higher, we will still stick with Sh1.60, but we could consider bringing it down if the study reveals that the figure should be lower,” said Wangusi.
