In 1993 MIGA issued $10 million of coverage for two equity investments in Kasese Cobalt Company Limited (KCC), then Uganda’s largest private investment. In 1996 La Source of France made a $4 million shareholder loan to KCC, and, in a separate guarantee contract, MIGA transferred coverage of $3.6 million from the earlier-issued equity contracts to cover the new La Source loan against the risks of expropriation and war and civil disturbance
It will be the largest employer in Kasese state, directly creating approximately 260 new jobs and providing training at all skill levels. The local community will also benefit through the investors’ provision of potable water, medical care, and education.
How to Apply for Kasese Cobalt Company Limited Vacancies
Apply for Kasese Cobalt Company Limited Vacancy