Rwanda’s informal cross border exports continue to surge by 28.3 percent in the first half of 2016, despite trade hiccups since the beginning of 2016 before climaxing in July with…
Dias Nyesiga
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National
Countdown Begins to end Govt Monopoly over Pension Savings
by Dias Nyesigaby Dias Nyesiga 2:33 pmMonopoly of the Rwanda’s pension player is ending in a couple of days when licensing of private competitors take effect. “We expect that licensing of private pension players will boost…
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Business & Tech
Rwanda’s Economy not Affected by Falling Currency
by Dias Nyesigaby Dias Nyesiga 4:54 pmThe 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 …
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Business & Tech
Bralirwa Soft Drinks Pricing Increases by Rwf50
by Dias Nyesigaby Dias Nyesiga 4:02 pmBralirwa 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…
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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 5,167…
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Business & Tech
Bank Wants 37500 Scholarship Loans Defaulters to Pay Back
by Dias Nyesigaby Dias Nyesiga 1:20 pmThe 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 BRD…
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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…
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Business & Tech
BRD to extend Rwf 80 billion to agriculture financing
by Dias Nyesigaby Dias Nyesiga 7:07 pmDevelopment 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 experts are…
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Uncategorized
US, Rwanda Military chiefs for ‘political solution’ in South Sudan
by Dias Nyesigaby Dias Nyesiga 4:41 pmA United States Army General flew in to Kigali today where he is consulting Rwanda on how to fix the ongoing conflict in South Sudan. Major General Kurt Sonntag, commander…
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Business & Tech
Rwanda Farmers Financing Problems Ending Soon
by Dias Nyesigaby Dias Nyesiga 10:20 pmRepresentatives of agricultural financing agencies in Africa are expected in Kigali next month to come up with solutions to farmers’ financing challenges. Agriculture which is the country’s largest sector is…
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The government has temporarily suspended betting slot machines across the country owing to public discontent. “This is to inform the general public that the use of these machines have been…
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Rwanda’s locally made products will dominate this year’s International trade fair as the country is struggling to offset its widening trade deficit. According to private sector Federation-PSF, the 15-day trade…