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Roofings Group
Roofings Group, often referred to simply as Roofings, is the largest manufacturer of steel construction materials in Uganda, with installed production capacity of 72,000 metric tonnes annually. Location The headquarters of the group and two of its manufacturing companies and factories are located on at Lubowa, Wakiso District, on the Kampala-Entebbe road, approximately south of Kampala, the capital and largest city of Uganda. New premises were acquired at the Kampala Industrial and Business Park at Namanve, also in Wakiso District, to house new steel mills belonging to Roofings' subsidiary company, Roofings Rolling Mills Limited (RRM), the third company in the conglomerate (company), conglomerate. It is expected that once the new facilities are brought on-line, employment at Roofings Limited and RRM will triple from the present 1,000 to about 3,000. The new factories will be built and operated in collaboration with two Japanese steel companies, Yodogawa Steel Works and Fujiden I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jinja, Uganda
Jinja is a city in the Eastern Region of Uganda, located on the North shores of Lake Victoria. Location Jinja is in Jinja District, Busoga sub-region, in the Eastern Region of Uganda. It is approximately , by road, east of Kampala, the capital and largest city of Uganda. It sits along the northern shores of Lake Victoria, near the source of the White Nile. The city sits at an average elevation of above sea level. History The city was founded in 1901 by British settlers. It was planned under colonial rule in 1948 by Ernst May, German architect and urban planner. May also designed the urban planning scheme for Kampala, creating what he called "neighborhood units." Estates were built for the ruling elite in many parts outside the center city. This led to the area's 'slum clearance' which displaced more than 1,000 residents in the 1950s. In 1954, the construction of the Owen Falls Dam submerged the Ripon Falls. Most of the "Flat Rocks" that gave the area its name disappeared ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sikander Lalani
Sikander Lalani is a businessman, MD at Roofings Group entrepreneur, industrialist, and former histopathologist in Uganda. He is reported to be one of the wealthiest individuals in Uganda. Background and education Lalani was born on 4 November 1944 at Nsambya Hospital in Kampala. He trained as a histopathologist and practiced for two years in the 1960s at the University College Hospital in London, United Kingdom. Career He left medicine and opened a retail electronics store in Kigali, Rwanda, in the 1970s, specializing in the Philips brand. Later, he became a distributor of Goodyear tyres in Rwanda. In 1976, his Japanese associates, who supplied him with electronics, introduced him to the idea of manufacturing metallic roofing materials in Rwanda. With the assistance of the Rwanda Development Bank, he successfully applied for a loan of US$1 million from the World Bank. In 1978, he set up a factory in Kigali, manufacturing roofing material. When genocide broke out in 1994, he le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Democratic Republic Of The Congo
The Democratic Republic of the Congo (french: République démocratique du Congo (RDC), colloquially "La RDC" ), informally Congo-Kinshasa, DR Congo, the DRC, the DROC, or the Congo, and formerly and also colloquially Zaire, is a country in Central Africa. It is bordered to the northwest by the Republic of the Congo, to the north by the Central African Republic, to the northeast by South Sudan, to the east by Uganda, Rwanda, and Burundi, and by Tanzania (across Lake Tanganyika), to the south and southeast by Zambia, to the southwest by Angola, and to the west by the South Atlantic Ocean and the Cabinda exclave of Angola. By area, it is the second-largest country in Africa and the 11th-largest in the world. With a population of around 108 million, the Democratic Republic of the Congo is the most populous officially Francophone country in the world. The national capital and largest city is Kinshasa, which is also the nation's economic center. Centered on the Cong ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East African Community
The East African Community (EAC) is an intergovernmental organisation composed of seven countries in the Great Lakes region of East Africa: the Democratic Republic of the Congo, the United Republic of Tanzania, the Republics of Kenya, Burundi, Rwanda, South Sudan, and Uganda. Évariste Ndayishimiye, the president of Burundi, is the current EAC chairman. The organisation was founded in 1967, collapsed in 1977, and was revived on 7 July 2000. In 2008, after negotiations with the Southern African Development Community (SADC) and the Common Market for Eastern and Southern Africa (COMESA), the EAC agreed to an expanded free trade area including the member states of all three organizations. The EAC is an integral part of the African Economic Community. The capital of the EAC is Arusha, Tanzania. The EAC is a potential precursor to the establishment of the East African Federation, a proposed federation of its members into a single sovereign state. In 2010, the EAC launched its own ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commercial Bank
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with corporations or a large/middle-sized business to differentiate it from a retail bank and an investment bank. Commercial banks include private sector banks and public sector banks. History The name ''bank'' derives from the Italian word ''banco'' "desk/bench", used during the Italian Renaissance era by Florentine bankers, who used to carry out their transactions on a desk covered by a green tablecloth. However, traces of banking activity can be found even in ancient times. In the United States, the term commercial bank was often used to distinguish it from an investment bank due to differences in bank regulation. After the Great Depression, through the Glass–Steagall Act, the U.S. Congress required that commercial banks only engage in ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consortium
A consortium (plural: consortia) is an association of two or more individuals, companies, organizations or governments (or any combination of these entities) with the objective of participating in a common activity or pooling their resources for achieving a common goal. is a Latin word meaning "partnership", "association" or "society", and derives from ("shared in property"), itself from ("together") and ("fate"). Examples Educational The Big Ten Academic Alliance in the Midwest and Mid-Atlantic U.S., Claremont Colleges consortium in Southern California, Five College Consortium in Massachusetts, and Consórcio Nacional Honda are among the oldest and most successful higher education consortia in the World. The Big Ten Academic Alliance, formerly known as the Committee on Institutional Cooperation, includes the members of the Big Ten athletic conference. The participants in Five Colleges, Inc. are: Amherst College, Hampshire College, Mount Holyoke College, Smith College, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Syndicated Loan
A syndicated loan is one that is provided by a group of lenders and is structured, arranged, and administered by one or several commercial banks or investment banks known as lead arrangers. The syndicated loan market is the dominant way for large corporations in the U.S. and Europe to receive loans from banks and other institutional financial capital providers. Financial law often regulates the industry. The U.S. market originated with the large leveraged buyout loans of the mid-1980s, and Europe's market blossomed with the launch of the euro in 1999. At the most basic level, arrangers serve the investment-banking role of raising investor funding for an issuer in need of capital. The issuer pays the arranger a fee for this service, and this fee increases with the complexity and risk factors of the loan. As a result, the most profitable loans are those to leveraged borrowers — issuers whose credit ratings are speculative grade and who are paying spreads (premiums or margins abo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Sustainable Development Goals as well as environmental and social safeguards. , the World Bank is run by a president and 25 executive directors, as well as 29 various vice ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uganda Investment Authority
The Uganda Investment Authority (UIA) is a semi-autonomous investment promotion and facilitation organisation in Uganda and is owned by the government of Uganda. Location The headquarters of UIA are located at The Investment Center, The Investment Center, Kampala Industrial and Business Park (KIBP) - Namanve. The coordinates of the head office are:0.3553° N, 32.6925° E (Latitude:0.321667; Longitude:32.576400). The agency maintains a national network of UIA District Focal Point Offices, throughout Uganda. Overview The UIA was created by the Ugandan Parliament in 1991. The mission of the UIA is to promote and facilitate investment projects, provide serviced land, and advocate for a competitive business environment. The UIA works with the government and the private sector to promote the economic growth of Uganda through investment and infrastructure development. UIA's parent ministry is the Ministry of Finance, Planning and Economic Development. Governance The institution is go ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Times (Rwanda)
''The New Times'' is a national English language newspaper in Rwanda. It was established in 1995 shortly after the end of the 1994 genocide. The paper states that it is privately owned, with two shareholders. They also used to have a Kinyarwanda-language weekly called ''Izuba Rirashe''. ''The New Times'' is published in Kigali from Monday to Saturday, with its sister paper the ''Sunday Times'', appearing on Sundays. The ''New Times Online'' was launched in 2006. ''The New Times'' often conveys optimistic stories about events in Rwanda. In May 2009 Human Rights Watch (HRW) described ''The New Times'' as a state-owned newspaper in a rebuttal to an editorial article that accused HRW of sanitizing people who were attempting to negate the 1994 genocide in Rwanda. ''The New Times'' did not publish the HRW rebuttal. President Paul Kagame Paul Kagame (; born 23 October 1957) is a Rwandan politician and former military officer who is the 4th and current president of Rwanda since 2000 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rwanda
Rwanda (; rw, u Rwanda ), officially the Republic of Rwanda, is a landlocked country in the Great Rift Valley of Central Africa, where the African Great Lakes region and Southeast Africa converge. Located a few degrees south of the Equator, Rwanda is bordered by Uganda, Tanzania, Burundi, and the Democratic Republic of the Congo. It is highly elevated, giving it the soubriquet "land of a thousand hills", with its geography dominated by mountains in the west and savanna to the southeast, with numerous lakes throughout the country. The climate is temperate to subtropical, with two rainy seasons and two dry seasons each year. Rwanda has a population of over 12.6 million living on of land, and is the most densely populated mainland African country; among countries larger than 10,000 km2, it is the fifth most densely populated country in the world. One million people live in the Capital city, capital and largest city Kigali. Hunter-gatherers settled the territory in the St ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
