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The two founding Directors of Regional logistics company Threeways Shipping Services(Group) Ltd secured a landmark ruling against telecom service provider MTN in a criminal case that has dragged on for 13 years. The case stems from previous allegations that the two Directors- Oscar Baitwa and Geoffrey Baitwa had participated in defrauding MTN. Justice Lawrence Gidudu of the Anti-Corruption Court provided the ruling with key summaries, saying: “The court finds that while a theft of funds from MTN Uganda did indeed occur, there is insufficient evidence to prove beyond reasonable doubt that the accused persons (Oscar Baitwa and Geoffrey Bihama) were…
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Since reaching FID in February 2022, Uganda has kicked off a massive oil drilling campaign with four oil rigs⏤ three of them at the TotalEnergies-operated USD4-5 billionTilenga Project in Buliisa and Nwoya districts, and one rig at the CNOOC-run USD2-3 billionKingfisher Project in Kikuube in the Albertine Graben. As of June 2024, TotalEnergies had made considerable progress in drilling over 35 oil wells with a projection of drilling 98 wells by the end of 2024. Seven oil wells had so far been drilled at the KingFisher Project alongside other engineering, procurement, and construction (EPC) works. Construction works for the USD5…
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The story of Bro-Group is your typical Ugandan ingenuity and resilience against all odds, strung together by a dose of optimism for a better new day. In 1990, two brothers, Jeff Baitwa and Oscar Baitwa, set out to build a courier and freight forward business. Between 1994 and 2007, the brothers built the idea into Bro-Group, a thriving logistics enterprise with three subsidiaries⏤ Threeways Shipping Co, Threeways Distribution, and Transtrac. On 6th January 2006 Uganda struck commercial quantities of oil and gas on its mid-western border with the Democratic Republic of Congo stimulating increased investment into especially further exploration and…
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