Gov’t cancels Olyana’s purchase deal for Gisovu tea factory
The Government of Rwanda has pulled out of the deal to sale stake in Gisovu tea factory to Olyana Holding, citing breach of contract, Business Times has learnt. The move comes barely months after government had signed a sale purchase agreement with the American liability firm, allowing it to acquire 60 percent shares in the tea factory and plantation.
Gisovu tea factory and estate.(File photo)