@TheEastAfrican

KenolKobil to buy 33 Delta fuel stations in Uganda, Rwanda - 2 months ago, 9 Nov 10:03

By: Business Daily

Oil marketer KenolKobil plans to acquire 33 petrol stations in Uganda and Rwanda, marking a return to its regional expansion programme nearly three years since it exited Tanzania and the Democratic Republic of Congo.

The Nairobi-headquartered firm announced Wednesday that it is acquiring the retail stations —23 in Uganda and 10 in Rwanda— from Delta Petroleum, but did not disclose the value of the deal.

KenolKobil, which is listed on the Nairobi Securities Exchange, is itself the subject of a takeover deal by French firm Rubis Energie, which has lodged an offer to buy out the firm’s other shareholders at Ksh23 ($0.23) per share, which values the company at Ksh35.7 billion ($357 million).

Rubis already owns a quarter of the company, having bought the stake in the stock market last month.

“We are back to regional expansion…Uganda and Rwanda is very promising for us. I cannot disclose the transaction value but we ...
Read More


Category: topnews news business

Item ID: 853b79b6-5683-4b57-97fc-ce195870db92

kadiNewsItemCategoryList
  1. newsPriority: 3.101
  2. calculatedNewsPriority: 47.951
  3. description:
  4. parsedURL: http://www.theeastafrican.co.ke/
  5. name: topnews
  6. title:

  1. newsPriority: 3.101
  2. calculatedNewsPriority: 47.951
  3. description:
  4. parsedURL: http://www.theeastafrican.co.ke/
  5. name: news
  6. title:

  1. newsPriority: 1
  2. calculatedNewsPriority: 30.9
  3. description:
  4. parsedURL: http://www.theeastafrican.co.ke/business/2560-2560-gsk11bz/index.html
  5. name: business
  6. title:

compoundTime
  1. timeLastCalculatedUpdate: Nov 9, 2018 10:03:38 AM
  2. timeModifiedAsFromUser: Nov 9, 2018 10:03:38 AM
  3. timeCreatedAsFromServer: Nov 9, 2018 1:28:34 PM
  4. timeUpdatedAsFromUser: Jan 23, 2019 4:13:55 AM
  5. timeCreatedAsFromUser: Nov 9, 2018 10:03:38 AM
  6. timeUpdatedAsFromServer: Jan 23, 2019 4:13:55 AM
  7. timeModifiedAsFromServer: Nov 9, 2018 1:28:23 PM

Suggested

4 hours ago, 00:05
Uhuru makes CS Matiang'i super minister

President Uhuru Kenyatta has handed Fred Matiang'i sweeping powers on the oversight of Government programmes, signalling his confidence in the Interior Cabinet Secretary in his final term in office ...

Category: topnews news politics

Item ID: 52852739-e54d-4e0e-9c48-14d8d6f51bfa

kadiNewsItemCategoryList
  1. newsPriority: 0.002
  2. calculatedNewsPriority: 0.069
  3. description: Top News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.002
  2. calculatedNewsPriority: 0.069
  3. description: News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: news
  6. title: News

  1. newsPriority: 0.012
  2. calculatedNewsPriority: 0.079
  3. description: Politics News
  4. parsedURL: https://www.standardmedia.co.ke/kenya
  5. name: politics
  6. title: Politics

compoundTime
  1. timeLastCalculatedUpdate: Jan 23, 2019 12:05:52 AM
  2. timeCreatedAsFromServer: Jan 23, 2019 12:05:52 AM
  3. timeUpdatedAsFromUser: Jan 23, 2019 12:07:58 AM
  4. timeCreatedAsFromUser: Jan 23, 2019 3:00:00 AM
  5. timeUpdatedAsFromServer: Jan 23, 2019 12:07:58 AM
2 hours ago, 02:35
State releases Sh30bn for public secondary schools

The government yesterday released Sh30 billion capitation for public secondary schools.Basic Education PS Belio Kipsang said another Sh6 billion was disbursed for free primary education.The funds ...

Category: topnews news

Item ID: b234f725-85a4-468d-a00e-ff1dd06f5019

kadiNewsItemCategoryList
  1. newsPriority: 0.039
  2. calculatedNewsPriority: 0.072
  3. description: Top News
  4. parsedURL: http://www.the-star.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.039
  2. calculatedNewsPriority: 0.072
  3. description: News
  4. parsedURL: http://www.the-star.co.ke/
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: Jan 23, 2019 2:35:57 AM
  2. timeCreatedAsFromServer: Jan 23, 2019 2:35:57 AM
  3. timeCreatedAsFromUser: Jan 23, 2019 2:28:18 AM
  4. timeUpdatedAsFromServer: Jan 23, 2019 2:36:05 AM
2 hours ago, 02:36
State releases Sh30bn for public secondary schools

The government yesterday released Sh30 billion capitation for public secondary schools.Basic Education PS Belio Kipsang said another Sh6 billion was disbursed for free primary education.The funds ...

Category: topnews news

Item ID: 03730b35-634d-4c57-9e81-27f647561ca0

kadiNewsItemCategoryList
  1. newsPriority: 0.04
  2. calculatedNewsPriority: 0.073
  3. description: Top News
  4. parsedURL: http://www.the-star.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.04
  2. calculatedNewsPriority: 0.073
  3. description: News
  4. parsedURL: http://www.the-star.co.ke/
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: Jan 23, 2019 2:36:10 AM
  2. timeCreatedAsFromServer: Jan 23, 2019 2:36:10 AM
  3. timeCreatedAsFromUser: Jan 23, 2019 2:28:09 AM
  4. timeUpdatedAsFromServer: Jan 23, 2019 2:36:15 AM
2 hours ago, 02:35
State releases Sh30bn for public secondary schools

The government yesterday released Sh30 billion capitation for public secondary schools.Basic Education PS Belio Kipsang said another Sh6 billion was disbursed for free primary education.The funds ...

Category: topnews news

Item ID: 10b32838-342e-415c-91b7-e3a9487da7d8

kadiNewsItemCategoryList
  1. newsPriority: 0.04
  2. calculatedNewsPriority: 0.073
  3. description: Top News
  4. parsedURL: http://www.the-star.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.04
  2. calculatedNewsPriority: 0.073
  3. description: News
  4. parsedURL: http://www.the-star.co.ke/
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: Jan 23, 2019 2:35:48 AM
  2. timeCreatedAsFromServer: Jan 23, 2019 2:35:48 AM
  3. timeCreatedAsFromUser: Jan 23, 2019 2:28:13 AM
  4. timeUpdatedAsFromServer: Jan 23, 2019 2:35:53 AM
2 hours ago, 02:41
Fresh police audit to expose ghost officers on state payroll

A physical head count of all police officers has been initiated to remove ghost workers from the payroll.The National Police Service audit involves capturing biometric details of all officers from ...

Category: topnews news

Item ID: 996d8884-11d0-44ce-b912-5c9d4db4c2f5

kadiNewsItemCategoryList
  1. newsPriority: 0.041
  2. calculatedNewsPriority: 0.074
  3. description: Top News
  4. parsedURL: http://www.the-star.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.041
  2. calculatedNewsPriority: 0.074
  3. description: News
  4. parsedURL: http://www.the-star.co.ke/
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: Jan 23, 2019 2:41:12 AM
  2. timeCreatedAsFromServer: Jan 23, 2019 2:41:12 AM
  3. timeCreatedAsFromUser: Jan 23, 2019 2:28:52 AM
  4. timeUpdatedAsFromServer: Jan 23, 2019 2:41:23 AM
4 hours ago, 00:06
Finance chief on Sh180, 000-a-month pay splashed Sh41 million in 10 months

A former top official at a State corporation splashed Sh41 million in 10 months to purchase property but could not explain the source of his money. Stanley Mombo Amuti, a former National Water ...

Category: topnews news politics

Item ID: d384492f-7ad7-4d98-9a7b-846e0464276f

kadiNewsItemCategoryList
  1. newsPriority: 0.012
  2. calculatedNewsPriority: 0.079
  3. description: Top News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.012
  2. calculatedNewsPriority: 0.079
  3. description: News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: news
  6. title: News

  1. newsPriority: 0.014
  2. calculatedNewsPriority: 0.081
  3. description: Politics News
  4. parsedURL: https://www.standardmedia.co.ke/kenya
  5. name: politics
  6. title: Politics

compoundTime
  1. timeLastCalculatedUpdate: Jan 23, 2019 12:06:09 AM
  2. timeCreatedAsFromServer: Jan 23, 2019 12:06:09 AM
  3. timeUpdatedAsFromUser: Jan 23, 2019 12:08:02 AM
  4. timeCreatedAsFromUser: Jan 23, 2019 3:00:00 AM
  5. timeUpdatedAsFromServer: Jan 23, 2019 12:08:02 AM