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More China, India Companies to Flock into Rwanda After Kagame Visit

More China, India Companies to Flock into Rwanda After Kagame Visit

The visits to China and India by Rwanda’s President Paul Kagame this year yielded tangible results, the new ambassadors to Rwanda told KT Press Thursday. This afternoon, China’s…

COPEDU Bank Loses Software Hacking Case

COPEDU Bank Loses Software Hacking Case

COPEDU Ltd- a microfinance institution has lost a court case in which it was accused of hacking and breaching contract terms with a software supplier. In 2008 ADFinance Ltd and…

Bank of Kigali Launches Insurance Company

Bank of Kigali Launches Insurance Company

Bank of Kigali has launched an insurance wing with 13 products including an unusual service where a client can be allowed up to Rwf 2 million on personal accident at…

‘Kanta’ Hair Dye Suppliers in Bitter Legal Fight

‘Kanta’ Hair Dye Suppliers in Bitter Legal Fight

Kanta, a hair dye product has been in use for a long time – but these days the product has been pirated and users just buy without checking labels on…

Bank of Kigali Makes Rwf30 billion pre-tax Profit

Bank of Kigali Makes Rwf30 billion pre-tax Profit

Bank of Kigali Group – Rwanda’s largest bank by assets, has announced a pre-tax profit of Rwf30 billion (approx. $36million) and announced a proposed 40% dividends to its shareholders…

Rwanda Central Bank Suspends Registration of New Insurance Companies

Rwanda Central Bank Suspends Registration of New Insurance Companies

  The National Bank of Rwanda has suspended licensing new insurance companies until further notice, to maintain financial stability. “Considering the need to streamline the insurance sector to strengthen the…

VISA, Atlas Mara in Major Payments Deal

VISA, Atlas Mara in Major Payments Deal

Global payments firm Visa and Atlas Mara Limited that bought two of some of Rwanda’s biggest banks, have signed a commercial partnership to introduce new payment solutions and expand…