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Economy

Rusumo Power Plant Progress at 20%

Rusumo Power Plant Progress at 20%

Construction works at the $360 million Rusumo hydroelectric power plant indicate that the project will be completed on time – site engineers have told KT Press. During a guided tour…

Fuel Prices Go Up

Fuel Prices Go Up

Rwanda Utilities Regulatory Authority (RURA) has announced new fuel prices with an increase of Rwf29 on petrol and a slight drop by Rwf6 on diesel prices. Effective Saturday fuel prices…

Rwanda Lands $16M Tantalum Refinery Plant deal

Rwanda Lands $16M Tantalum Refinery Plant deal

Rwanda will in the next 12 months start exporting refined tantalum products to the global market, following a deal to construct a $16 million manufacturing plant in the country. The…

Rwanda to Exhibit First Locally Made Motorcycles

Rwanda to Exhibit First Locally Made Motorcycles

Fabrice Gasenga 28, has been using an Indian manufactured motorcycle TVS125 model for taxi his business for 4 years. He didn’t expect to find a locally made motorcycle…

Rwanda Moves Up 15 Places In Doing Business 

Rwanda Moves Up 15 Places In Doing Business 

Rwanda has significantly improved in the World Bank’s “Doing Business Report” coming on the 41st position up from 56th in last year’s ranking. In…

Rwanda Scoops International Coffee Award

Rwanda Scoops International Coffee Award

Rwanda coffee has won one of the international coffee award conferred to the best coffee growers in the world. “The second Ernesto Illy International Coffee Award 2017” was offered to…

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. &#8220…

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…