Explains reasons that made Imperial British East Africa company (IBEAC) to surrender its chatter to Britain in 1894.
Answer Text: -The company lacked the capital required for general administration.-Lack of enough skilled and experienced administrators-Transport and communication problems made transport of goods low and expensive.-Scarcity of natural resources-like gold and rubber.-Lack of co-ordination between the company offices in Europe and their agents in Kenya made it hard to administer the colony effectively.-There existed very little trade between the interior and the coast mainly because of poor transport.
Get premium membership