ROKO Construction Company

Last updated

ROKO Construction Company
Type Private
Industry Construction
Founded1969;54 years ago (1969)
Key people
Jean Mann Koehler
Chairperson
Mark Koehler
Managing Director/CEO
ServicesCommercial construction
Number of employees
857 (Full Time)
1,181 (Temporary)
Total: 2,038 (2021)
Website Homepage

ROKO Construction Limited, also Roko Construction Limited, is one of the top five construction companies in Uganda, according to Construction Review Online, as of April 2021. Headquartered in Kampala, Uganda's capital city, ROKO, as it is often referred to, is active in Uganda, Kenya, Rwanda, DR Congo, Tanzania and South Sudan. [1] [2]

Contents

Overview

ROKO was established in 1969 by two engineers; the late Max Rohrer (1935–2005), a native of Germany and the late Rainer Gottlieb Koehler (1931–2013), a native of Switzerland. As of April 2021 the company employs over 850 full-time staff and over 1,180 temporary workers of diverse nationalities, including over 100 key staff, of whom about half are engineers. [3]

Ownership

The business is privately owned by the families of the two original founders. [4]

Subsidiaries and affiliates

As of April 2021, the company maintains the following affiliates and/or subsidiaries: [3]

1. ROKO Rwanda Limited

2. ROKO South Sudan Limited

3. ROKO Congo Limited

4. ROKO Technical Services Limited

Governance

The Roko Construction board of directors has six members: [5]

1. Jean Mann Koehler: Chairperson

2. Mark Koehler: Managing Director

3. Peter Mugarura: Director

4. Brigitte Koehler: Director

Projects

This is a partial listing of past and current construction projects, where ROKO Construction is or was the lead contractor:

1. Basilica of the Uganda Martyrs, Namugongo: Work began in 1967 and was concluded in 1975. ROKO, the lead contractor, went back and carried out major renovations in 2015. [6]

2. Mapeera House, the headquarters of Centenary Bank, on Kampala Road, in Kampala, Uganda's capital city. Construction began in 2007 and was completed in 2012. [1]

3. DFCU House, the headquarters of DFCU Bank. Constructed at 46 Kyaddondo Road, on Nakasero Hill, from 2011 until 2013. [7]

4. JLOS House Project, a proposed three-component government office development project in Uganda's capital city of Kampala, to house the offices of the Justice, Law and Order Sector (JLOS). [8]

Recent developments

As of November 2020, the government of Uganda owed Roko Construction Limited a sum of USh46,997,280,913.08 (approximately US$13 million) at that time, being payment for completed or ongoing work, according to Matia Kasaija, Uganda's Minister of Finance, as reported by the Red Pepper Newspaper. Roko was going through a temporary cash flow crunch at that time. [9]

In July 2022, Ugandan online media reported that the Ugandan government was negotiating with the owners of the company, to acquire 150.000 preferential shares in the business, in exchange for UGX202.13 billion (approx. US$54.12 million). This comes at a time when ROKO has an estimated business pipeline, in excess of UGX1,204 billion (approx. US$325 million) in Uganda's oil sector. [10] [11]

See also

Related Research Articles

<span class="mw-page-title-main">Uganda Securities Exchange</span> Principal stock exchange of Uganda

The Uganda Securities Exchange (USE) is the principal stock exchange of Uganda. It was founded in June 1997. The USE is operated under the jurisdiction of Uganda's Capital Markets Authority, which in turn reports to the Bank of Uganda, Uganda's central bank.

<span class="mw-page-title-main">DFCU Group</span>

The Development Finance Company of Uganda Group, commonly referred to as the DFCU Group, is a financial services company in Uganda.

<span class="mw-page-title-main">I&M Bank Uganda</span> Ugandan commercial bank

I&M Bank Uganda, formerly Orient Bank, whose complete name is I&M Bank (Uganda) Limited, is a commercial bank in Uganda which is licensed by the Bank of Uganda (BOU), the central bank and national banking regulator.

<span class="mw-page-title-main">National Social Security Fund (Uganda)</span> Quasi-government agency

The National Social Security Fund (NSSF) is a quasi-government agency responsible for the collection, safekeeping, responsible investment, and distribution of retirement funds from employees of the private sector in Uganda who are not covered by the Government Retirement Scheme. Participation for both employers and employees is compulsory. The Uganda National Social Security Fund is the largest pension fund in the countries of the East African Community, with total assets of USh18.58 trillion, as of June 2023.

Umeme Limited is the largest energy distributor in Uganda, distributing about 97 percent of all electricity used in the country. The shares of the stock of the company are listed on the Uganda Securities Exchange (USE) and are cross listed on the Nairobi Stock Exchange (NSE). As of December 2021, the company's total assets were approximately UGX:2.664 trillion, with shareholders' equity of approximately UGX:893.15 billion.

KCB Group Limited, also known as the KCB Group, is a financial services holding company based in the African Great Lakes region. The Group's headquarters are in Nairobi, Kenya, with its subsidiaries being KCB Bank Kenya Limited, KCB Bank Burundi Limited, KCB Bank Rwanda Limited, KCB Bank South Sudan Limited, KCB Bank Tanzania Limited, KCB TMB Congo and KCB Bank Uganda Limited.

National Housing and Construction Company Limited (NHCC), is a Ugandan construction and real estate management company, partly owned by the Uganda Government. The Company’s mandate is to increase the housing stock in the country, rehabilitate the housing industry and encourage Ugandans to own homes in an organized environment.

Diamond Trust Bank Group, in short DTB Group, is an African banking group active in Burundi, Kenya, Tanzania, and Uganda. The flagship company of the group, Diamond Trust Bank Kenya, is licensed by the Central Bank of Kenya, the central bank and national banking regulator in Kenya, the largest economy in the East African Community.

KCB Bank Uganda Limited, also KCB Bank Uganda, is a commercial bank in Uganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator.

Cipla Quality Chemical Industries Limited (CiplaQCIL) is a pharmaceutical manufacturing company in Uganda. According to a 2007 published report, it was the only company in Africa that manufactured triple-combination antiretroviral (ARV) drugs. CiplaQCIL also manufactures the antimalarial drug Lumartem, containing artemisinin and lumefantrine, and the Hepatitis B generic medicines Texavir and Zentair.

Commercial Bank of Africa Group is a financial services provider in East Africa. Its headquarters are located in Nairobi, Kenya, with subsidiaries in Kenya, Rwanda, Tanzania, Uganda and Ivory Coast.

<span class="mw-page-title-main">MTN Uganda</span> Largest telecom company in Uganda

MTN Uganda is the largest telecom company in Uganda, with 11.2 million subscribers, accounting for 55 percent market share, as of 30 June 2017. By 31 December 2019, its customer base had increased to 12.6 million customers. In March 2021, the Uganda Communications Commission estimated the number of MTN customers in Uganda at 15 million, out of 28.3 million mobile network subscribers, thereby attaining a 53 percent market share.

<span class="mw-page-title-main">Equity Bank Rwanda Limited</span> Bank in Rwanda

Equity Bank Rwanda Limited (EBRL), is a commercial bank in Rwanda. The bank is licensed by the National Bank of Rwanda, the central bank and national banking regulator.

NCBA Bank Uganda Limited, is a commercial bank in Uganda. It is one of the commercial banks licensed by the Bank of Uganda, the country's central bank and national banking regulator.

DFCU House is a building in Kampala, the capital and largest city of Uganda.

The Insurance Regulatory Authority of Uganda (IRAU) is a government agency mandated to "ensure the effective administration, supervision, regulation and control of the business of Insurance in Uganda".

Diamond Trust Bank Tanzania Plc (DTBT) is a commercial bank in Tanzania, licensed by the Bank of Tanzania.

<span class="mw-page-title-main">Atiak Sugar Factory</span>

Atiak Sugar Factory Limited (ASFL), also Atiak Sugar Factory, or Atiak Sugar Limited, is a sugar manufacturing company in Uganda.

The JLOS House Project, is a proposed three-component government office development project in Uganda's capital city of Kampala, to house the offices of the Justice, Law and Order Sector (JLOS). The three components of the project are:

<span class="mw-page-title-main">Airtel Uganda</span> Ugandan telecommunications company

Airtel Uganda Limited is a mobile communications and information technology services provider in Uganda. The company also offers mobile funds transfer and banking services known as Airtel Payments Bank. Airtel Uganda Limited is a subsidiary of Airtel Africa PLC.

References

  1. 1 2 Anita Anyango (4 April 2021). "Top construction companies in Uganda". Nairobi: Construction Review Online. Retrieved 18 April 2021.
  2. ↑ Construction and Civil Engineering News (20 June 2020). "List of best registered construction companies in Uganda". Nairobi, Kenya: Construction and Civil Engineering News. Retrieved 19 April 2021.
  3. 1 2 Roko Construction Limited (18 April 2021). "Roko Construction: About Us: Our Profile". Kampala: Roko Construction Limited. Retrieved 18 April 2021.
  4. ↑ Emily Jarvis (2014). "Profile of Roko Construction Company". Nairobi, Kenya: Africa Outlook Magazine. Retrieved 18 April 2021.
  5. ↑ Roko Construction Limited (18 April 2021). "Roko Construction Limited: Board of Directors". Kampala: Roko Construction Limited. Retrieved 18 April 2021.
  6. ↑ Tom Malaba (7 November 2015). "The transformation of Uganda Martyrs Shrine". Daily Monitor . Kampala. Retrieved 19 April 2021.
  7. ↑ New Vision (22 September 2011). "Roko Uganda wins DFCU Bank Contract for USD 10M project" (Africa-Uganda Business Travel Guide Quoting New Vision Newspaper). Kampala: Africa-Uganda Business Travel Guide. Retrieved 19 April 2021.
  8. ↑ JLOS (18 June 2016). "Special Report on the JLOS House Project". Kampala: JLOS House Project. Archived from the original (Archived from the original on 30 June 2016) on 30 June 2016. Retrieved 19 April 2021.
  9. ↑ Red Pepper (16 December 2020). "Revealed: Why Roko is not cowed by Roofings' Shs2bn debt". Red Pepper . Mukono, Uganda. Retrieved 18 April 2021.
  10. ↑ Kim Aine (8 July 2022). "Inside Government's Acquisition of ROKO Shares". ChimpReports.com. Kampala, Uganda. Retrieved 9 July 2022.
  11. ↑ Muhamadi Byemboijana (8 July 2022). "Minister Tables Proposal To Buy USh202.13 Billion Shares And Rescue Roko Construction Firm". SoftPower Uganda. Kampala, Uganda. Retrieved 9 July 2022.

00°22′41″N32°33′31″E / 0.37806°N 32.55861°E / 0.37806; 32.55861

This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.