PUMA ENERGY IS EXPECTED TO SPEND ABOUT 15BILLION KWACHA IN THE REBRANDING OF ALL BP ZAMBIA ASSETS WHICH IT ACQUIRED LAST YEAR AND IS EXPECTED TO END NEXT MONTH SEPTEMBER 2011.
PUMA ENERGY ZAMBIA MANAGING DIRECTOR FUMU MONDOLOKA DISCLOSED THIS DURING A PRESS BRIEFING IN LUSAKA TODAY STATING THAT THE MATERIALS FOR THE REBRANDING ARE EXPECTED TO ARRIVE IN THE COUNTRY IN THE NEXT TWO WEEKS.
MR MONDOLOKA SAYS PUMA ENERGY WILL ALSO INVEST IN INFRASTRUCTURE DEVELOPMENT THROUGH OUT THE COUNTRY AND HAS BEGAN UPGRADING THE OUTLETS IN KITWE WHICH WILL IMPROVE ITS STORAGE CAPACITY AND IMPROVE ITS NETWORK CAPACITY.
HE PROJECTED THAT THE COMPANY’S MARKET BASE WHICH STANDS AT 34 PERCENT IS EXPECTED TO GROW TO 70 PERCENT BY 2020 WITH THE SUPPORT OF GROWTH IN THE COUNTRY’S VARIOUS SECTORS SUCH MINING, AGRICULTURE AND OTHERS.
MEANWHILE MR. FUMU SAYS THE COMPANY WILL IN THE LONG RUN INVEST MORE AND KEEP THE CURRENT CROP OF EMPLOYEES BUT WILL ONLY OUTSOURCE IN SPECIAL CIRCUMSTANCES WERE NEED WILL ARISE.
HE SAYS THE PROJECTED FURTHER INVESTMENT IS AS A RESULT OF THE GOOD ZAMBIAN POLICIES WHICH HAS SEEN THE COUNTRY’S ECONOMY TO GROW AND SEEN MORE FOREIGN INVESTMENT.
PUMA ENERGY OPERATES IN 29 COUNTRIES WORLDWIDE WITH MORE THAN 1, 800 EMPLOYEES OF WHICH 90PERCENT ARE LOCAL NATIONALS AND HAS $1.5BILLION IN INDUSTRIAL ASSETS.
THE COMPANY ALSO HAS 60 MILLION RETAIL CUSTOMER TRANSACTION YEARLY AND A GLOBAL NETWORK OF OVER 1000SERVICES STATIONS WITH MORE UNDER DEVELOPMENT AND OVER 3.8 MILLION METER SQUARE OF STORAGE CAPACITY.
PUMA ENERGY ZAMBIA MANAGING DIRECTOR FUMU MONDOLOKA DISCLOSED THIS DURING A PRESS BRIEFING IN LUSAKA TODAY STATING THAT THE MATERIALS FOR THE REBRANDING ARE EXPECTED TO ARRIVE IN THE COUNTRY IN THE NEXT TWO WEEKS.
MR MONDOLOKA SAYS PUMA ENERGY WILL ALSO INVEST IN INFRASTRUCTURE DEVELOPMENT THROUGH OUT THE COUNTRY AND HAS BEGAN UPGRADING THE OUTLETS IN KITWE WHICH WILL IMPROVE ITS STORAGE CAPACITY AND IMPROVE ITS NETWORK CAPACITY.
HE PROJECTED THAT THE COMPANY’S MARKET BASE WHICH STANDS AT 34 PERCENT IS EXPECTED TO GROW TO 70 PERCENT BY 2020 WITH THE SUPPORT OF GROWTH IN THE COUNTRY’S VARIOUS SECTORS SUCH MINING, AGRICULTURE AND OTHERS.
MEANWHILE MR. FUMU SAYS THE COMPANY WILL IN THE LONG RUN INVEST MORE AND KEEP THE CURRENT CROP OF EMPLOYEES BUT WILL ONLY OUTSOURCE IN SPECIAL CIRCUMSTANCES WERE NEED WILL ARISE.
HE SAYS THE PROJECTED FURTHER INVESTMENT IS AS A RESULT OF THE GOOD ZAMBIAN POLICIES WHICH HAS SEEN THE COUNTRY’S ECONOMY TO GROW AND SEEN MORE FOREIGN INVESTMENT.
PUMA ENERGY OPERATES IN 29 COUNTRIES WORLDWIDE WITH MORE THAN 1, 800 EMPLOYEES OF WHICH 90PERCENT ARE LOCAL NATIONALS AND HAS $1.5BILLION IN INDUSTRIAL ASSETS.
THE COMPANY ALSO HAS 60 MILLION RETAIL CUSTOMER TRANSACTION YEARLY AND A GLOBAL NETWORK OF OVER 1000SERVICES STATIONS WITH MORE UNDER DEVELOPMENT AND OVER 3.8 MILLION METER SQUARE OF STORAGE CAPACITY.PUBLISHED BY AUGUSTINE
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