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Vivo Energy Completes Shs755bn Acquisition Of Engen Holdings

Vivo Energy plc (“Vivo Energy”) Friday announced the completion of the transaction with Engen Holdings (Pty) Limited (“Engen” or “EHL”), previously announced on 18 September 2018. The transaction adds operations in eight new countries and 230 Engen-branded service stations to Vivo Energy’s network, taking its total presence to over 2,000

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EntrepreneurshipFeaturedInternational News

Kenya Taxman Freezes 11 Bank Accounts Of Alcohol Tycoon Over Shs109bn

The Kenya Revenue Authority (KRA) has obtained orders freezing 11 accounts associated with businessman Humphrey Kariuki over alleged tax evasion amounting to KSh3 billion (UShs109.9bn), Daily Nation reports. The accounts are scattered in seven banks, including Equity, National Bank of Kenya and Kenya Commercial Bank (KCB), and are linked to

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Gov’t To Consider Soybean As A Priority Crop

The Minister of Agriculture, Animal Industry and Fisheries, Vincent Bamulangaki Ssempijja has said government will soon consider Soybean as a country`s strategic crop that will earn farmers good money. He made the remarks while launching a new soybean variety (Maksoy 6N) and state-of-the-art soybean storage facilities yesterday in Kabanyolo-Wakiso District.

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Excitement As Premier Recruitment Makes First Deployment To Middle East

Premier Recruitment Ltd, a labour recruitment company has sent its first batch of 8 Ugandan ladies to Jeddah, Saudi Arabia, where they will work as domestic workers on a two- year contract, Kyamutetera reports. The labour exporting agency entered Uganda’s  private labour recruitment market barely 6 months ago.t The 8

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