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Business & Tech

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Over Rwf500bn Exchanged Hands on Rwanda Bourse

Over Rwf500bn Exchanged Hands on Rwanda Bourse

Rwanda Stock Market (RSE) is two months shy from celebrating 10 years since it was established and statistics show that billions of francs have exchanged hands. RSE figures show that…

Rwanda Stock Market Indicates Positive Performance

Rwanda Stock Market Indicates Positive Performance

The Rwanda stock market continues to show an impressive performance at a time when the country has embarked on increasing savings through community campaigns. The Central Bank has announced launch…

Last Establishment at Gikondo Industrial Park to Relocate

Last Establishment at Gikondo Industrial Park to Relocate

The last manufacturing company that was still adamant to relocate to the gazetted Kigali Special Economic Zone (KSEZ) has announced decision to move. Relocation of 14 industries operating from Gikondo…

Dollar & Pound Maintain Higher Exchange Power

Dollar & Pound Maintain Higher Exchange Power

The Uganda and Kenya Shilling have strengthened their market bargain against the dollar today as stock and share index goes up. The Uganda Shilling (UGX) which has been dormant for…

Government to Auction Rwf10 billion Bond

Government to Auction Rwf10 billion Bond

The Central Bank of Rwanda will this month roll out Rwf10 billion Treasury bond on the local bourse. The Rwf100, 000 per bond is expected to be auctioned on the…

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…

Office Co-sharing Trend Picking up in Kigali

Office Co-sharing Trend Picking up in Kigali

As commercial space for renting in Kigali gets complex in terms of affordability, proprietors of buildings have come up with impressive ideas. One can only pay for space they need…

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…

Rwandans Thirst For Stocks Business

Rwandans Thirst For Stocks Business

Following the closure of the national Savings Week three days ago, more Rwandans are still thirsty of knowing how Rwanda stock exchange (RSE) market operates. The Rwanda Stock Exchange Limited…

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…

Kenya shilling stabilizes Despite Post elections Uncertainty

Kenya shilling stabilizes Despite Post elections Uncertainty

The Kenya shilling (KES) today stabilized on local exchange market making a significant increase on its bargaining power after Uhuru Kenyatta won repeat election and announced as president-elect yesterday…