The $40 million five-star Ubumwe Grand Hotel, formerly known as Zinc Hotel, in Kigali. PHOTO | CYRIL NDEGEYA
Two investors are fighting over ownership of Ubumwe Grand Hotel, formerly known as Zinc Hotel, following the termination of a management contract.
The $40 million five-star property in Kigali is owned by three partners: CG Corp Global, who came in with the Zinc Hotel brand; the Mukwano Group — who own a combined 80 per cent stake; and Robert Bapfakurera — who owns a 20 per cent stake.
