We employ 91 people in Nigeria and run various operations throughout the country from cocoa and fertiliser to ethanol and frozen fish. We have many friends in the banking and business world and are our thoughts are with them during these troubled times. Nigeria is presently facing massive upheaval as the nationwide strikes continue over the government’s removal of fuel subsidies. My personal view is that whilst one cRead More
I am pleased to say that Drum has doubled the size of its Professional Indemnity insurance. This constitutes a major development for us as we enter 2012. And of course, as well, we continue to have our primary level ‘Legal & Contractual Liability’ insurance for all our collateral management agreements. sample_basic.pdfRead More
We are very pleased that in 2011 we are running our third CMA in Uganda since 2007. This time we have our ex-pat Manager and 14 staff deployed to the country’s largest export facility. We have also produced a detailed study on the coffee industries in East Africa. If you would like to receive this or, indeed, have any questions and would like to know more please don’t hesitate to contact us. sample_basic.pdfRead More
We are very pleased to announce that we have appointed a new Operations Manager, Richard Sykes. He joins us on 1st July and will be based in the UK. Richard’s experience in the oil sector is extensive and he is currently ending a tour with the UN in the DRC. Aside from our operations in Tanzania, we have also been running a major collateral management agreement in Monrovia, Liberia for 6 months. We are shortly to staRead More
We are very pleased to announce that for 6 months we have been formally linked with RFIB, the eminent Lloyds of London insurance brokers, to handle our own insurance issues – this they have done with great clarity and an eye for detail. See their website www.rfib.com. As they say, in RFIB “we have an eye for opportunity”. They are now ready to provide insurance services to all our customers. We can certainly vouch foRead More
A first for Drum! We have never managed rubber until now and are very pleased to add this to our list of commodities. This operation in Nigeria has just started and we are delighted to be working for the largest exporter in the country and a local bank. If you would like any further information, then please do not hesitate to contact us.Read More
We have recently completed a port, route and mine survey in Sierra Leone. I have also recently visited to plan the setup of our operations. It is a country with enormous potential and I believe should definitely be on the radar screen for banks and traders alike. If you would like any further information then please don’t hesitate to call us. Chris Liebenberg We would like to take this opportunity to pay tribute to oRead More
We have recently concluded a contract to provide armed security for a bulk commodities vessel sailing to and from East African ports. Demand is clearly rising for such services. Please contact us if you would like to know more.Read More