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Roofings Limited
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. 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 International. The J ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, 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 general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jinja, Uganda
Jinja is a city in the Eastern Region, Uganda, Eastern Region of Uganda, located on the north shore of Lake Victoria. Location Jinja is in Jinja District, Busoga sub-region, in the Eastern Region of Uganda. It is approximately 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, 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 "neighbourhood units". Estates were built for the ruling elite in many parts outside the centre 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 unde ... [...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 The World Bank is an international financial institution that provides loans and Grant (money), grants ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Democratic Republic Of The Congo
The Democratic Republic of the Congo (DRC), also known as the DR Congo, Congo-Kinshasa, or simply the Congo (the last ambiguously also referring to the neighbouring Republic of the Congo), is a country in Central Africa. By land area, it is the List of African countries by area, second-largest country in Africa and the List of countries and dependencies by area, 11th-largest in the world. With a population of around 112 million, the DR Congo is the most populous nominally List of countries and territories where French is an official language, Francophone country in the world. Belgian French, French is the official and most widely spoken language, though there are Languages of the Democratic Republic of the Congo, over 200 indigenous languages. The national capital and largest city is Kinshasa, which is also the economic center. The country is bordered by the Republic of the Congo, the Cabinda Province, Cabinda exclave of Angola, and the South Atlantic Ocean to the west; the Cen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East African Community
The East African Community (EAC) is an intergovernmental organisation in East Africa. The EAC's membership consists of eight states: Democratic Republic of the Congo, the Federal Republic of Somalia, the Republics of Burundi, Kenya, Rwanda, South Sudan, Uganda, and Tanzania. William Ruto, the president of Kenya, is the current EAC chairman. The organisation was founded in 1967, collapsed in 1977, and was revived on 7 July 2000. The main objective of the EAC is to foster regional economic integration. 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 organisations. The EAC is an integral part of the African Economic Community. 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commercial Bank
A commercial bank is a financial institution that accepts deposits from the public and gives loans for the purposes of consumption and investment to make a profit. It can also refer to a bank or a division of a larger bank that deals with wholesale banking to corporations or large or middle-sized businesses, to differentiate from retail banks and investment banks. Commercial banks include private sector banks and public sector banks. However, central banks function differently from commercial banks, despite a common misconception known as the "bank analogy". Unlike commercial banks, central banks are not primarily focused on generating profits and cannot become insolvent in the same way as commercial banks in a fiat currency system. 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consortium
A consortium () 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. Consortia are generally nonprofit with a goal to help its members improve their competitiveness in the specific field. is a Latin word meaning " partnership", "association", or "society", and derives from ("shared in property"), itself from ("together") and ("fate"). Examples Educational The Universities' consortium is established to share research laboratories and equipment facilities, exchange faculty and students, provide programs abroad, and form specialized research centers and admissions offices.Wallace Lang D (1975). "The consortium in higher education". ''Journal of Educational Administration'', 13(2), 23-36. https://doi.org/10.1108/eb009730 Generally, it includes a corporate identity, voluntary membership of in ... [...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 a business in need of capital. In this context the business is often referred to as an “issuer”, because in return for the loan it issues debentures (which are generally secured and transferable). The issuer pays the arranger a fee for arranging the deal. Fees increase with the complexity and risk of the loan: the most remun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Bank
The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development. 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 its early years, it primarily focused on rebuilding Europe. Over time, it focused on providing loans to developing world countries. In the 1970s, the World Bank re-conceptualized its mission of facilitating development as being oriented around poverty reduction. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its ... [...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 Uganda Business Facilitation Centre, Plot 1, Baskerville Avenue, Kololo. The coordinates of the head office are:0.3291° N, 32.5988° E (Latitude:0.3291857; Longitude:32.598898). 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 governed by a seven-person boar ... [...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 genocide against the Tutsi. A Kinyarwanda-language weekly called ''Izuba Rirashe'' was previously published. ''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. In 2010, president Paul Kagame said that ''The New Times'' has been too servile to him and his party, and asked the Aga Khan Aga Khan (; ; also transliterated as ''Aqa Khan'' and ''Agha Khan'') is a title held by the Imamate i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rwanda
Rwanda, officially the Republic of Rwanda, is a landlocked country in the Great Rift Valley of East 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. With a comparatively high elevation, Rwanda has been given the sobriquet "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. It is the most densely populated mainland African country; among countries larger than 10,000 km2, it is the third-most densely populated country in the world. Its Capital city, capital and largest city is Kigali. Hunter-gatherers settled the territory in the Stone Age, Stone and Iron Ages, followed later by Bantu peoples. The population coalesce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
