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Behind The Untold Rise Of Stabex Uganda - The Witness Uganda
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Behind The Untold Rise Of Stabex Uganda - The Witness Uganda
Stabex International was officially registered in Kenya on January 16, 2009. Despite being a Kenyan entity, the company did not initially open any fuel pumps in Kenya. Their very first station was strategically launched in Nansana, Uganda. In 2009, 31% of Uganda’s petroleum retail market was controlled by small, unorganized independent operators. This fragmentation presented a massive commercial opportunity for consolidation. Nansana was chosen …
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