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TransCentury Investments
TransCentury Limited is an infrastructure company whose stock is "listed on the Nairobi Securities Exchange (NSE) with three divisions across 14 countries in East, Central and Southern Africa". Location The company's headquarters are located in Nairobi, Kenya, with subsidiaries in the Democratic Republic of the Congo, Kenya, Mauritius, Tanzania, Uganda, Zambia and South Africa. Overview TransCentury is an investment and infrastructure company that has grown from a club of 29 friends worth less than KES 30 million in 1997, to a private equity firm and later listing on the NSE. As at December 2014, TransCentury's total assets were valued at about KSh.19.464 billion/=, with shareholders' equity valued at approximately KSh.11.482 billion/=. The firm acquired a controlling interest in East African Cables in 2004, Avery in 2005, 34% of Rift Valley Railways in 2006, Tanelec and Kewberg cables in 2007 and Civicon in 2011. Exited investments include Chai Bora of Tanzania wh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uganda
}), is a landlocked country in East Africa. The country is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the south by Tanzania. The southern part of the country includes a substantial portion of Lake Victoria, shared with Kenya and Tanzania. Uganda is in the African Great Lakes region. Uganda also lies within the Nile basin and has a varied but generally a modified equatorial climate. It has a population of around 49 million, of which 8.5 million live in the capital and largest city of Kampala. Uganda is named after the Buganda kingdom, which encompasses a large portion of the south of the country, including the capital Kampala and whose language Luganda is widely spoken throughout the country. From 1894, the area was ruled as a protectorate by the United Kingdom, which established administrative law across the territory. Uganda gained independence from the UK on 9 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tullow Oil
Tullow Oil plc is a multinational oil and gas exploration company founded in Tullow, Ireland, with its headquarters in London, United Kingdom. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History The company was founded by Aidan Heavey in 1985, in Tullow, Ireland, as a gas exploration business operating in Senegal. Tullow listed its shares on the London Stock Exchange and Irish Stock Exchange in 1986 and the FTSE 100 index in September 2007. In 2000, Tullow acquired £201 million worth of gas fields and infrastructure in the North Sea from BP. At the same time, Tullow re-registered in the UK. In May 2004, Tullow completed the Energy Africa acquisition for $570 million. In 2006, the company began drilling its first well in Uganda and began exploiting the Lake Albert region. In 2007, Tullow drilled two deep water wells offshore Ghana, discovering the massive Jubilee Oil Field. In February 2010, the company initiate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mombasa
Mombasa ( ; ) is a coastal city in southeastern Kenya along the Indian Ocean. It was the first capital of the British East Africa, before Nairobi was elevated to capital city status. It now serves as the capital of Mombasa County. The town is known as "the white and blue city" in Kenya. It is the country's oldest (circa 900 AD) and second-largest List of cities in Kenya, cityThe World Factbook . Cia.gov. Retrieved on 17 August 2013. after the capital Nairobi, with a population of about 1,208,333 people according to the 2019 census. Its metropolitan region is the second-largest in the country, and has a population of 3,528,940 people. Mombasa's location on the Indian Ocean made it a historical trading centre, and it has been controlled by ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dar Es Salaam
Dar es Salaam (; from ar, دَار السَّلَام, Dâr es-Selâm, lit=Abode of Peace) or commonly known as Dar, is the largest city and financial hub of Tanzania. It is also the capital of Dar es Salaam Region. With a population of over six million people, Dar is the largest city in East Africa and the seventh-largest in Africa. Located on the Swahili coast, Dar es Salaam is an important economic centre and is one of the fastest-growing cities in the world. The town was founded by Majid bin Said, the first Sultan of Zanzibar, in 1865 or 1866. It was the main administrative and commercial center of German East Africa, Tanganyika, and Tanzania. The decision was made in 1974 to move the capital to Dodoma and was officially completed in 1996. Dar es Salaam is Tanzania's most prominent city for arts, fashion, media, film, television, and finance. It is the capital of the co-extensive Dar es Salaam Region, one of Tanzania's 31 administrative regions, and consists of five dis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Share Swap
In corporate finance a stock swap is the exchange of one equity-based asset for another, where, during the merger or acquisition, the swap provides an opportunity to pay with stock rather than with cash; see . Overview The acquiring company essentially uses its own stock as cash to purchase the business. Each shareholder of the acquired company will receive a pre-determined number of shares from the acquiring company. Before the swap occurs each party must accurately value their company so that a fair " swap ratio" can be calculated. The valuation of a company is complicated in general; here though, additional to fair market value, the investment- and intrinsic value are to be determined as well. After the valuation is complete, the parties will agree upon the swap ratio; this will determine the number of shares that each shareholder will receive. In theory, a fair ratio is such that shareholders in both previous companies now own a pro-rated share of the new company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eastern Africa
East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territories make up Eastern Africa: Due to the historical Omani Empire and colonial territories of the British East Africa Protectorate and German East Africa, the term ''East Africa'' is often (especially in the English language) used to specifically refer to the area now comprising the three countries of Kenya, Tanzania, and Uganda. However, this has never been the convention in many other languages, where the term generally had a wider, strictly geographic context and therefore typically included Djibouti, Eritrea, Ethiopia, and Somalia.Somaliland is not included in the United Nations geoscheme, as it is internationally recognized as a part of Somalia. *Tanzania, Kenya, Uganda, Rwanda, Burundi, Democratic Republic of Congo and South Sudan are members of the East African Community. The firs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daily Monitor
The ''Daily Monitor'' is a Ugandan independent daily newspaper. Its name is shared by the ''Saturday Monitor'' and ''Sunday Monitor'', which are also published by Monitor Publications Limited. ''Daily Monitor'' averaged a daily circulation of 24,230 newspapers in September 2011. By the fourth quarter of 2019, that figure had dropped to 16,169 copies daily. Location The headquarters of the ''Daily Monitor'' and the Daily Monitor Publications, as well as the printing press of the newspaper, are located at 29-35 8th Street (Namuwongo Road) in the Industrial Area of Kampala, Uganda's capital and largest city. Overview The newspaper was established in 1992 as ''The Monitor'', and relaunched as the ''Daily Monitor'' in June 2005. The paper asserts that its private ownership guarantees the independence of its editors and journalists. The newspaper headquarters are housed in the same building that houses the other investments owned by Monitor Publications Limited, including ''Daily Moni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Egypt
Egypt ( ar, مصر , ), officially the Arab Republic of Egypt, is a transcontinental country spanning the northeast corner of Africa and southwest corner of Asia via a land bridge formed by the Sinai Peninsula. It is bordered by the Mediterranean Sea to the north, the Gaza Strip of Palestine and Israel to the northeast, the Red Sea to the east, Sudan to the south, and Libya to the west. The Gulf of Aqaba in the northeast separates Egypt from Jordan and Saudi Arabia. Cairo is the capital and largest city of Egypt, while Alexandria, the second-largest city, is an important industrial and tourist hub at the Mediterranean coast. At approximately 100 million inhabitants, Egypt is the 14th-most populated country in the world. Egypt has one of the longest histories of any country, tracing its heritage along the Nile Delta back to the 6th–4th millennia BCE. Considered a cradle of civilisation, Ancient Egypt saw some of the earliest developments of writing, agriculture ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EABL
East African Breweries Limited, commonly referred to as EABL, is a Kenyan-based holding company that manufactures branded beer, spirits, and non-alcoholic beverages. Overview The group's headquarters are located in Nairobi, Kenya, with subsidiaries in Kenya, Uganda, Tanzania and South Sudan. The group has distribution partners in Burundi, Democratic Republic of Congo and Rwanda. History 1920–1949 East African Breweries Limited was founded in 1922, as Kenya Breweries Limited (KBL), by two white settlers, George and Charles Hurst. The company was owned by the Dodd family of Kenya. KBL acquired Tanganyika-based Tanganyika Breweries in 1935 and 1936 these two companies were merged leading to the creation of the East African Breweries Limited (EABL). The group continued expanding locally through the opening of more breweries such as Mombasa brewery. 1950–1999 In 1954, EABL got listed on the Nairobi Securities Exchange. This was among the first listings in the region ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SABMiller
SABMiller plc was a South African multinational brewing and beverage company headquartered in Woking, England on the outskirts of London until 10 October 2016 when it was acquired by Anheuser-Busch InBev. Prior to that date, it was the world's second-largest brewer measured by revenues (after Anheuser-Busch InBev) and was also a major bottler of Coca-Cola. Its brands included Fosters, Miller, and Pilsner Urquell. It operated in 80 countries worldwide and in 2009 sold around 21 billion litres of beverages. Since 10 October 2016, SABMiller is a business division of Anheuser-Busch InBev SA/NV, a Belgian multinational corporation with headquarters in Leuven. SABMiller was founded as South African Breweries in 1895 to serve a growing market of miners and prospectors in and around Johannesburg. Two years later, it became the first industrial company to list on the Johannesburg Stock Exchange. From the early 1990s onwards, the company increasingly expanded internationally, m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rift Valley Railways
Rift Valley Railways (RVR) was a consortium established to manage the parastatal railways of Kenya and Uganda. The consortium won the bid for private management of the century-old Uganda Railway in 2005. The Kenya-Uganda railway had previously been run by the East African Railways and Harbours Corporation over the period 1948–77. In 2014, RVR moved 1,334 million net tonne kilometers of rail freight, up from 1,185 million net tonne kilometers the previous year. Both Kenya and Uganda terminated their contracts with RVR in mid-2017, with control of their national rail networks reverting to the Kenya Railways Corporation and the Uganda Railways Corporation, respectively. History The railway line, derided as the "Lunatic Line" by a critical British press during its construction and still referred to colloquially as the "Lunatic Express", runs about from Kenya's Indian Ocean port of Mombasa, through Nairobi, and up the Rift Valley to Kisumu on the shores of Lake Victoria. Another ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
