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The Hefty Price Rwanda Pays To Attract Investors

The Hefty Price Rwanda Pays To Attract Investors

Rwanda has unveiled the long awaited new investment code with expectation to attract more investors, despite allegations that the country is losing large volumes of revenues through tax incentives. The…

RwandAir Expands Fleet, Acquires $160m Two Airbuses

RwandAir Expands Fleet, Acquires $160m Two Airbuses

Rwanda has received $160 million loan from Eastern and Southern Africa Bank (PTA Bank) to finance RwandAir’s (the national airline) innovation and aircraft acquisition. The funds will enable…

From Rags To Riches; Story Of Rwanda’s Gikongoro Region

From Rags To Riches; Story Of Rwanda’s Gikongoro Region

Sometime in 2002, President Paul Kagame summoned opinion leaders and traders from Nyamagabe district of former Gikongoro prefecture in Southern Rwanda. He wanted to meet them and discuss how to…

Rwanda, IFC planning bond on London Stock Exchange

Rwanda, IFC planning bond on London Stock Exchange

Roads network will consume Rwf128.3 billion, while access to clean water in the capital Kigali and other areas of the country will consume Rwf34.2 billion. The International Finance…

MTN’s Shares Paralyse Rwanda’s Stock Market

MTN’s Shares Paralyse Rwanda’s Stock Market

The Initial Public Offer (IPO) issued by Crystal Telecom has left a vacuum at the Rwanda Stock Exchange as subscribers rush to buy into MTN-Rwanda’s shares. Crystal…

Struggling Regional Manufacturers Press Governments For Support

Struggling Regional Manufacturers Press Governments For Support

Manufacturers from the East African Community are pressing governments of member states with demands to facilitate the struggling sector. “We want more work done by our governments to provide rich…

American Investor Pumps $2 Billion In Lucrative Rwandan Firms

American Investor Pumps $2 Billion In Lucrative Rwandan Firms

Two American investors have invested over $2 billion in Rwanda to save thousands of local enterprises struggling to access capital at even a higher interest rate. Working through a locally…

Rwanda Coffee Aggressively Penetrates European Market

Rwanda Coffee Aggressively Penetrates European Market

Rwanda has intensified marketing efforts aimed at helping the country’s coffee penetrate the European market. Since May 15, Rwanda featured among over 100 coffee producers promoting specialties at…

MTN-Rwanda Initial Shares to be Sold at Rwf105

MTN-Rwanda Initial Shares to be Sold at Rwf105

KT Press has obtained leaked details regarding the much awaited Crystal Telecom IPO as shown in the following table below. KT Press could not reach Crystal Ventures, but we spoke…

Dam On Sale Amidst German-Rwanda Dispute

Dam On Sale Amidst German-Rwanda Dispute

Rwanda has been losing a whooping 272 megawatts of energy every month for the past one year following a lengthy dispute between a local company and a foreign heavy machinery…

Europe Samples Rwandan Coffee at Amsterdam Festival

Europe Samples Rwandan Coffee at Amsterdam Festival

Europe is now able to sample Rwanda’s high quality coffee at the ongoing festival in Amsterdam in The Netherlands.  The event (May 15-17) has been organised by the…

Water Bills Payment Made Easier

Water Bills Payment Made Easier

Rwanda’s Water and Sanitation Corporation (WASAC) on Friday signed a deal with a local bank, Compagnie Générale de Banque (Cogebanque) to introduce an automated billing system for…