Hass Petroleum Group has sold 40% of its shares to Oman Trading International (OTI). A statement from the company indicates that the move will allow the Kenyan oil marketing company embark on its strategic growth and expansion plans across the Eastern, Central and Horn of Africa. The Group will invest
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Corruption, mismanagement and political influence are undermining investment in Uganda’s mining sector and threatening people and environment, Business Focus reveals. The Global Witness report released on Monday (June5, 2017) indicates that pervasive corruption in Uganda’s mining sector allows crooked officials and the investors they partner with to profit at the expense
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Professor Lawrence Mukibi, the proprietor of the famous St. Lawrence Schools passed away on Sunday. However, since his death, a section of Ugandans have been discussing the ownership of his mega education empire, with some doubting whether the fallen professor was the rightful owner. “One of his close family members
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Chinese Communications Construction Company (CCCC) recently launched a mega scholarship program for the less privileged kids in Bunyoro subregion. As part of their corporate social responsibility, the company, through their Mubende Kakumiro Kagadi (MKK) project, launched the scheme in Kibale district early this week. CCCC is a leading comprehensive infrastructure
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Vivo Energy Uganda has recruited Gilbert Assi as its new Managing director, Business Focus reveals. Assi replaces Hans Paulsen, who has been at the helm of the company over the past three years. Vivo Energy Uganda is the company that distributes and markets Shell branded fuels and lubricants. According to
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Uganda’s Ministry of Education and Sports is yet to address the sticky issue of sanitary pads despite being stuck with Shs85bn. According to a report tabled before parliament by Parliamentary Committee of Education and Sports on the Ministerial Policy Statement and Budget Estimates for 2017/18 for the Ministry of Education,
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Uganda’s President, Yoweri K. Museveni is yet to fulfil his pledgees worth Shs100bn made to various Universities, Business Focus reveals. This revelation is contained in a report by the Parliamentary Committee on Education on the Ministry of Education Policy Statements and Budget estimates for 2017/18. According to the report obtained
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The authorities in the US are still considering banning laptops from cabin baggage on all international flights, the head of Homeland Security says. John Kelly said there was a real threat and terrorists were "obsessed" with the idea of knocking down a US plane. The US already has a ban
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The Government of Uganda has insisted that Uganda will have its oil out of the ground come 2020 despite many analysts and Ugandans have their reservations about the set deadline. This assurance was revealed by Eng. Irene Muloni, Uganda’s Minister for Energy and Minerals during the signing of the Intergovernmental
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By Godfrey Kenneth Gobba If you want to make money during the oil boom, you had better start casting your nets right now or else you might end up watching everyone else become a billionaire while you scratch your head wondering where you went wrong. Have you thought about how
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