Volkswagen to assemble three car models in Rwanda

A Volkswagen production line at the Kenya Vehicles Manufactures (KVM) in Thika. The German carmaker plans to spend $20m in new plant and ride-hailing service in Rwanda. PHOTO | DIANA NGILA | NATION MEDIA GROUP

Germany’s Volkswagen AG said on Thursday it would start assembling three vehicle models at a new plant in Rwanda in May for local sale and use in its own new ride-sharing service.

The company said it planned to spend $20 million to start developing the assembly plant and ride-hailing service - part of a push into sub-Saharan Africa.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.