Browsing Category:

Business & Tech

Sub Categories: Companies, Economy, Markets, Technology
Rwanda Plans Using Drones For Emergency Deliveries

Rwanda Plans Using Drones For Emergency Deliveries

Drones could be another means by which Rwanda will save lives of citizens living in remote areas of the country. The un manned aerial vehicles are scheduled for use in…

Rwanda Gives 5% Mineral Revenues To Communities

Rwanda Gives 5% Mineral Revenues To Communities

The government of Rwanda has declared it will share revenues generated from minerals with local communities around mining sites. As is done with revenues from tourism, particularly gorilla tracking, for…

Tax Defaulters Given 12 Months Grace Period

Tax Defaulters Given 12 Months Grace Period

Rwanda Revenue Authority (RRA) has eased nuts on tax defaulters weeks after it launched a whirlwind operation to crack down hundreds of businesses. Defaulters must submit a payment plan otherwise…

Blacklist Of Tax Defaulters Released, Rujugiro On It

Blacklist Of Tax Defaulters Released, Rujugiro On It

Rwanda Revenue Authority has released a list of over 250 foreign and locally owned businesses who swindled a total of Rwf 62 billion in tax arrears. The taxman’s blacklist…

More Cement In Rwanda At Give Away Prices

More Cement In Rwanda At Give Away Prices

South African-owned CIMERWA, Rwanda’s sole cement producer has introduced new 32.5-quality blue bagged cement and announced its promotional prices. On August 17, the Prime Minister…

Traders Petition Kagame Over Harsh Penalties

Traders Petition Kagame Over Harsh Penalties

President Paul Kagame has intervened in matters affecting the business community. The President said concerned authorities should harmonise penalties with committed business offences. He made the remarks Wednesday at Gisozi…

Rwanda Moves To Save Franc Against Biting Dollar

Rwanda Moves To Save Franc Against Biting Dollar

Rwanda’s Central Bank has prohibited local businesses from pricing services and products in foreign currencies in a bid to save the declining value of the franc. Since April…

Rwanda’s International Trade Fair Back Again

Rwanda’s International Trade Fair Back Again

Global and regional traders are heading to Rwanda for the 18th International Trade Fair beginning from July 29 to August 12. The two-week long event, popularly known as Expo…

American Supper Star, Akon, Expected In Kigali Next Week

American Supper Star, Akon, Expected In Kigali Next Week

American hip-hop and R&B artist and producer Akon, is expected in Kigali on Tuesday to discuss with Rwandan officials how he can invest in energy, KT Press…

Rwanda Leases 17 Power Dams To Investors

Rwanda Leases 17 Power Dams To Investors

Dozens of energy companies are about to sign a-25 year leasing deal of 17 public hydro power plants, KT Press has established. “We want the private to venture into…

Former I&M Banker to Manage Rwanda’s Largest Bank

Former I&M Banker to Manage Rwanda’s Largest Bank

KT Press has reliably learnt that Sanjeev Anand, the outgoing I&M Bank Managing Director, who resigned Thursday morning from his lucrative job, is scheduled to head a new…

Rwanda’s I&M Bank Director Resigns

Rwanda’s I&M Bank Director Resigns

The Managing Director of Rwanda’s I&M Bank, Mr. Sanjeev Anand ,has resigned; KT Press has reliably learnt. Sanjeev has been heading the Bank’s 15-member top…