Category Archives: Business
Rwanda, Inc. Authors Editorial in FORBES
The Markets Endorse Rwanda’s Path To Economic Growth
By Andrea Redmond & Patricia Crisafulli
President Paul Kagame of Rwanda at the 2010 Tribeca Film Festival.
(Photo credit: Wikipedia)[/caption]
Amid the rhetoric, pro and con, around Rwanda, the impartial voice of the marketplace has spoken, with a ringing endorsement of its economic turnaround and prospects for continued growth.
Last week, Rwanda’s debut on the global bond market raised $400 million with an offering that was heavily over-subscribed by nearly eight times. Final yield on the 10-year bonds of 6.875% was less than reported expectations in the low-7% area, due to strong buyer interest. Proceeds will go to repayment of bank loans, infrastructure such as a hydropower project, expansion of the national airline RwandAir, and the completion of a convention center in the capital of Kigali.
The successful bond issue triggered a flurry of enthusiastic postings on Twitter from Rwandan government officials (very savvy users of social media). Finance Minister Claver Gatete hailed a “great day for Rwanda after the investors have shown confidence in our economy….” President Paul Kagame tweeted his congratulations to those who worked to bring the bond offering to a successful conclusion, adding “Let’s continue forward.”
Power Entertaining Tips from Eddie Osterland
Below are excerpts from a recent newsletter by author Eddie Osterland, where he shares some of his secrets of Power Entertaining:
From the Desk of Eddie Osterland
MASTER SOMMELIER (MS)
“When you ‘power entertain’ you position yourself as a center of influence – be it with clients, business prospects or others you want to impress.”
The Power of Pause Released in Taiwan
The Complex Chinese translation of Nance Guilmartin’s The Power of Pause was released on May 1st in Taiwan.
