Here is Rujugiro,a businessman believed to be one of the causes of Kagame-Museveni disagreements.
There is heightened security in Katuna border town in Kabale ahead of President Yoweri Museveni’s meeting with his Rwandan counterpart, Paul Kagame tomorrow Friday Feb 20,2020.
Read about Rujugiro,a businessman who is believed to be one of the causes of Kagame-Museveni disagreements. Kagame thinks President Museveni works with Rujugiro to fight Rwanda. Rujugiro has always refuted the allegations.
Pan African Tobacco Group (PTG), Africa’s largest indigenous producer of cigarettes and other Tobacco products, reached a milestone recently by celebrating its 40th anniversary.
Rwandan multi-millionaire businessman Tribert Rujugiro Ayabatwa founded the company in 1978 when he began manufacturing cigarettes in Burundi in 1978 after a successful stint as a commodity trader across Africa. Ayabatwa subsequently established a manufacturing plant in Zaire, now the Democratic Republic of Congo (DRC) in 1984, and later expanded into the South African market in 1991. Between 1996 and 2011, PTG commenced manufacturing in Angola, Uganda, Tanzania, the United Arab Emirates, Nigeria and South Sudan. The company’s latest addition is the processing plant in Arua, Northern Uganda, established in 2013. Today, the company records more than $200 million in annual revenues and employs more than 7,000 people across Africa.
At a ceremony in Ras Al Khaimah on the 16th of December, PTG recognized the hard work and dedication of its employees and managers, especially those individuals who have been with the company since its founding.
“It gives me great pride in recognizing the commitment of PTG employees, our clients, and business partners in celebrating our company’s 40th anniversary. We have come a long way since the business was started forty years ago. And are very excited about our future as PTG continues to thrive,” Ayabatwa said in a private conversation with this reporter.
Ayabatwa also expressed his gratitude to the communities as well as government functionaries in the countries where PTG does business.