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Economy

Meet the Men Turning Kigali Green

Meet the Men Turning Kigali Green

When I met John Turasabimana, near my work place holding twigs of trees, I couldn’t help but notice how unusually good looking they were. He was holding a box…

Kagame Explains Why Rwanda Gave Corruption a Red Card

Kagame Explains Why Rwanda Gave Corruption a Red Card

President Paul Kagame has said that Rwanda’s ‘zero’ tolerance to corruption, good investment policies have been the secret behind more foreign investments into the country. &nbsp…

Rwanda to Phase out Chicks Import

Rwanda to Phase out Chicks Import

Local investors who ventured into poultry are set to reap big when the decision to stop importing expensive chicks before the end of this year is implemented. This milestone follows…

Rwanda’s Kaberuka To Head IMF’s External Evaluation Team

Rwanda’s Kaberuka To Head IMF’s External Evaluation Team

The International Monetary Fund (IMF) has appointed Rwanda’s Dr. Donald Kaberuka – former African Development Bank (AfDB) President to head its ‘External evaluation’ department. This appointment by IMF’s Executive…

Rwanda Launches Customer Care Service Award

Rwanda Launches Customer Care Service Award

Rwanda Development Board has launched nomination for an annual customer care reward. By appreciating institutions that provide the best services, people will effective today, nominate their favourite customer service agent…

Africa May Fail to Access Global Markets – Minister Gatete

Africa May Fail to Access Global Markets – Minister Gatete

  Protective economies overseas that prevent Africa from accessing their markets may place the continent at the losing end. Claver Gatete Rwanda’s Finance and Economic Planning Minister says Africa…

Central Banks Reduces Lending Rate to 6%

Central Banks Reduces Lending Rate to 6%

  Rwanda’s Central Bank (BNR) announced on Tuesday it will maintain its key repo rate at 6% for the next three months down from 6.25%. Central Bank Governor…

Rwanda Day Increased Remittances Back Home

Rwanda Day Increased Remittances Back Home

In 2010, the government of Rwanda decided to go beyond its borders mobilising Rwandans in Diaspora to contribute to nation building. Through #Rwanda Day, more than 40000 Rwandans have been…

Tax on Sugar Down But Remains High on Second-hand Clothes

Tax on Sugar Down But Remains High on Second-hand Clothes

At least many homes in Rwanda will afford sugar but will have to spend more money to buy second-hand clothes and shoes. Going by the National Budget for 2017…

Cabinet Approves Budget for 2017/2018 Fiscal Year

Cabinet Approves Budget for 2017/2018 Fiscal Year

A whooping Rwf 2 trillion will be used to finance all activities planned for the 2017/2018 financial year. On Tuesday, an extra ordinary cabinet meeting convened at Village Urugwiro…

Rwanda Considers Selling Many ‘Loss-Making’ Public Factories

Rwanda Considers Selling Many ‘Loss-Making’ Public Factories

Several public owned factories are reportedly operating under losses and Rwanda government is considering selling them off to private investors. For example loss-making milk processing plants include; Mukamira diary…

MTN, RURA in Prolonged Negotiations Over $8.5m Fine

MTN, RURA in Prolonged Negotiations Over $8.5m Fine

Rwanda Utilities Regulatory Authority (RURA) and MTN Rwanda are holding  closed-door discussions over a multibillion fine slammed against the telecom company , KT Press has established. According to MTN Rwanda…