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Risks
Profitability risk • Stringent health & safety norms and Macro-economic risk
• Impact on Kenyan operations due to competitive pricing threats in Europe • High energy price volatility and
increased royalty rates, possibility of Environmental risk uncertain economic times in the UK
shorter lease period and disruption • UK exiting EU without a deal
in rail logistics due to unviability of • Rising stringency in environmental • Impact on global demand-supply
Rift Valley Railways. A proposed land regulations in India balance and price fluctuation driven
rate increase may further impact • Implementation of EU-Emission by the addition of new Soda Ash and
profitability Trading System Phase 4
bicarb capacities by domestic players
in India and uncertainty in Chinese
production
Magadi plant
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