UBSA

Govt withdraws vendor financing option

However, they will still educate beneficiaries on the option and provide it to them if they wish to exercise it.

Kumul Petroleum Holdings Limited Managing Director, Wapu Sonk, announced the government decision following disagreements from beneficiaries.

“We had a push back from different groups so were allowing them to go and finance the option before the 31st of December then we’ll put our option back on the table again if the beneficiaries haven’t found the financing.