Rwanda Government is privatising most of the companies currently operated directly or indirectly by the government. Currently they are privatising the tea companies in the country. A group of investors approached us with the following objectives to review the tender requirements for the Kitabi Tea Company and advise the investors accordingly; undertake a review of the operations of Kitabi Tea Company and assess the required investments to modernize the factory and improve tea production; undertake feasibility study for the investment in a new tea value adding plant at the factory; prepare a business plan which would meet the tender requirement for the acquisition of 60% of the company; and value the shares of the company as a going concern to get the estimated 60% which the investors could quote for.

The objective of the project was to

• Review the tender requirements for the Kitabi Tea Company and advise the investors accordingly;
• Undertake a review of the operations of Kitabi Tea Company and assess the required investments to modernize the factory and improve tea production;
• Undertake feasibility study for the investment in a new tea value adding plant at the factory;
• Prepare a business plan which would meet the tender requirement for the acquisition of 60% of the company; and
• Value the shares of the company as a going concern to get the estimated 60% which the investors could quote for.