Baz Waiswa

Baz Waiswa

Ugandan Travelers Prefer 2 Star Hotels

An annual Hospitality Report released by online booking agency Jumia Travel in Kampala has indicated that 43.8% of Ugandan travelers prefer booking 2 star hotels while 29.2% prefer 3 star, 14.6% prefer 4 star, 8.3% book 1 star and 4.1% rather stay at a 5 star hotel.

“Over the past year, a number of two star hotels started offering additional amenities such as WIFI than before plus their locations are suitable for the travelers especially when it comes to business.” Louis Badea, the Country Manager for Jumia Travel-Uganda.

The trend tends to represent pricing fears hotel users have. Two star hotels are relatively cheaper and affordable by Ugandan standards. Commenting on the pricing issue, Badea encouraged local hotels to be flexible in order to attract business.

The report which provides various data and insights into the tourism sector has Kampala as most searched destination and following right behind is the adventure capital Jinja that boosts of whitewater rafting, bungee jumping on the Nile.

Full report here

CNOOC Encroaches On Total’s Bite Into Tullow

Chinese oil and gas company China National Offshore Oil Corporation (CNOOC) has moved ‘to acquire 50% of the interests being transferred to Total’ from British firm Tullow Oil plc.

This follows a farm down deal between Tullow and Total announced on 9 January 2017 indicating that the French major would acquire 21.57 percent of Tullow’s 33.33 percent at a cost of $900m. The farm down covered interests in Exploration Areas 1, 1A, 2 and 3A.

Now the Chinese, who exercised their pre-emption rights under the joint operating agreements between Tullow, Total and CNOOC as announced by Tullow in a press statement want to benefit from the transaction by acquiring a 50 percent share.

They want the terms and conditions that were agreed upon by Tullow and Total unchanged. “Tullow will now work with Total and CNOOC to conclude definitive sale documentation in relation to the farm-down. Completion of the farm-down is subject to certain conditions, including the approval of the Government of Uganda,”

“Once the farm-down has completed, Tullow will cease to be an operator in Uganda but will retain a presence in country to manage its non-operated position.” The statement explained. Tullow is a leading independent oil & gas, exploration and production group. It has interests in over 100 exploration and production licences across 18 countries in Africa.

Africa’s Oil And Gas Gurus To Meet In London

The 16th Africa Independents Forum, a key event on the international oil and gas calendar, will get underway in London on the 24th and 25th of May.

This annual gathering of Africa’s oil and gas upstream industry is an essential platform for reviewing the state of the industry and exchanging ideas on game-changing opportunities for the future.

Showcasing Africa’s premier projects and upstream operators, the forum provides plenty of scope for corporate independents, international oil, gas and energy companies and Government officials to network, present their projects, propose new ventures and firm up partnerships and investment deals.

Being held around the theme of “Shaping the Continent's Future in Upstream Oil & Gas”, this year’s programme focuses on developing and driving change in the industry. In-depth presentations provide a framework for exploring solutions that move beyond survival tactics to establish best practices that better equip the industry to weather uncertainties and withstand shocks whilst maintaining optimum performance.

A recent Ernst & Young report states that the total deal value for Africa in 2016 was US$4.9 billion across 61 deals, of which 92% were upstream, with downstream deals making up the remainder.

Eighty percent of the upstream deals were announced in the fourth quarter, possibly due to a return of confidence in the industry and an expected upturn in operational activity in the ensuing months.

This forecast upswing sets an optimistic tone for the 16th Africa Independents Forum. Confirmed speakers who will share their insights are Pade Durotoye, CEO of Oando Energy Resources; Darran Lucas, Exploration and New Ventures Director at Sasol; Erwin Kroll, Senior Vice President for the Middle East and Africa at OMV Upstream; Neil Ritson, Chairman of Solo Oil Plc and Oisin Fanning, Executive Chairman of San Leon Energy in Dublin.

A highlight of the forum, the 79th PetroAfricanus dinner, will be hosted by ITE (www.ITE-Exhibitions.com) at The Waldorf Hilton where Jasper Peijs, VP of Exploration Africa at BP, will address members of the PetroAfricanus Club.

Also hosted by AIF is the 8th Global Women in Petroleum & Energy Club Luncheon, organised by Frontier Communications with, as guest speaker, Sandy Stash, Group VP for Safety, Sustainability and External Affairs at London’s Tullow Oil.

In 2015 the Ugandan government, represented by Ernest Rubondo, Acting Director of Petroleum, Directorate of Energy & Minerals, used the AIF to promote its maiden competitive bidding round for the licensing of six blocks in the Albertine Graben which resulted in 17 firms submitting applications for qualification.

Organised by ITE, the forum provides excellent exposure for sponsors, exhibitors and advertisers with a number of tailored opportunities for showcasing and networking.

Jumia Travel Expands to New Destinations

Jumia Travel is further solidifying its global presence in the hotel, travel, and tourism ecosystem, unveiling new continental and international destinations. The company has registered an inventory of more than 30,000 hotels in Africa and over 300,000 worldwide; only four years since inception in 2013.

These include new properties in popular destinations in Africa including South Africa, Morocco, Egypt, and Tunisia, as well as outbound destinations including Dubai, London, New York, Paris, and Mecca among others.

Guaranteeing continued quality of service, Jumia Travel’s boss Paul Midy says, “We have the requisite capacity to offer our partners global visibility, and to our customers, solutions for all their travel needs anywhere in the world.”

The move is directed at enabling more Ugandans to expand their travel horizons both domestical and internationally. As part of the initiative, customers will have access to travel packages to the new destinations; with 24/7 local customer service and expertise as well as flexible payment options including Mpesa, payment on arrival, and credit cards.

The packages will consist of hotel stays, return flight tickets, tours or excursions upon request and availability. They exclude Visa processing fees, travel insurance, among other activities not mentioned above.

Travelers are increasingly shifting focus from generic products to more customized and personalized experience. We are therefore working closely with our hotels and other OTA partners to provide our customers with tailor-made worldwide travel options,” added Midy.

The first package focuses on Dubai as an outbound destination for African customers during the upcoming Easter holidays.Jumia Travel recently launched its flights services, adding to its efforts to create a one stop travel shop across Africa. Jumia Travel (travel.jumia.com) is Africa's No.1 online travel agent, allowing you to get the best prices for more than 30,000 hotels in Africa and more than 300,000 hotels around the world.

 

 

Subscribe to this RSS feed

26°C

Kampala

Mostly Cloudy

Humidity: 74%

Wind: 22.53 km/h

  • 24 Mar 2016 28°C 22°C
  • 25 Mar 2016 28°C 21°C