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Kagame in Nairobi for Japan-Africa Summit

Kagame in Nairobi for Japan-Africa Summit

President Paul Kagame arrived Friday in Kenya’s capital Nairobi for the 6th Tokyo International Conference on African Development (TICAD VI). The summit is scheduled to start Saturday and…

Rwanda’s Economy not Affected by Falling Currency

Rwanda’s Economy not Affected by Falling Currency

The continued drop in value of local currency against the US dollar may not have a significant effect on Rwandan economy -the central Bank has said. Despite volatility  in the…

Meet Rwandan Women Making Coffee Soap

Meet Rwandan Women Making Coffee Soap

A group of rural Rwandan women in Huye district has started turning coffee into a very attractive perfume. United under ‘Dukundane’ cooperative in Ruhashya sector, the women use…

Bralirwa Soft Drinks Pricing Increases by Rwf50

Bralirwa Soft Drinks Pricing Increases by Rwf50

Bralirwa has announced new prices for its soft drinks three days after a drop of up to 82% in its profits to Rwf 929million in first half of 2016 from…

Bralirwa’s Profits Drop by 82%

Bralirwa’s Profits Drop by 82%

Bralirwa, the country’s largest brewer has recorded a decline of 82 percent in its profit before tax to Rwf 929million in the first half of 2016 down from Rwf…

Bank Wants 37500 Scholarship Loans Defaulters to Pay Back

Bank Wants 37500 Scholarship Loans Defaulters to Pay Back

The Development Bank of Rwanda (BRD) has intensified its efforts to recover scholarship loans from over 50,000 beneficiaries. Fred Mugisha, senior manager in charge of education loan department at…

Stylish Made in Rwanda Potato Chips Storm the Market

Stylish Made in Rwanda Potato Chips Storm the Market

New delicious and crunchy Rwandan potato chips have hit the supermarket shelves. They are branded X Trim Crisps with attractive packaging. The chips are processed from Nyabihu Potato Factory which…

Rwanda Plans to Cut Imports by $330m Next Year

Rwanda Plans to Cut Imports by $330m Next Year

Amid a biting trade imbalance, government committed to western funders that it will cut back on imports which enabled it to get much-needed relief from the International Monetary Fund…

Rwanda’s Stock Market falls by 69.6%

Rwanda’s Stock Market falls by 69.6%

  Rwanda stock market has experienced a fall in trading largely caused by effects of major global markets that continue to plunge. According to statistics, the Rwanda stock market dropped…

U.S Opens Gates For More Rwandan Exports

U.S Opens Gates For More Rwandan Exports

Rwandan trade officials and USA diplomats are discussing President Obama’s Tax-Free initiative on more Rwanda’s travel goods and luggage targeting the US Market. President Obama added 27…

Burundi – smallest regional economy imposes ‘export ban’ on Rwanda

Burundi – smallest regional economy imposes ‘export ban’ on Rwanda

At Nemba border post in Bugesera district where Rwanda borders Burundi’s Nyeshi and Busoni communes of Kirundo province, there is not much taking place. Trucks carrying manufactured products destined…

BRD to extend Rwf 80 billion to agriculture financing

BRD to extend Rwf 80 billion to agriculture financing

Development Bank of Rwanda-BRD is extending Rwf 80 billion to finance agriculture, the country’s sector which is struggling with credit access. The facility comes at a time 200…