Rwanda’s Gross Domestic Product (GDP) at current market prices grew by 7%, from Rwf4,864 Billion in 2013 to Rwf5,389 Billion in 2014. Base year was 2011 According to the National…
Magnus Mazimpaka
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EconomyNational
How Poor or Rich are Rwandans? Finance Minister Announces Today
by Magnus Mazimpaka 2:54 pmLater today at 5:00PM, the Finance Minister, Claver Gatete, will announce whether Rwandans are growing richer or poorer. The Ministry’s Communication Officer, Sam Jean RUBURIKA announced that the minister will…
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A few years ago, deep in the villages of Butare, a famous town in Southern Rwanda, there happened to be a heated tension between genocide widows and wives of genocide…
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President Paul Kagame’s government will temporarily shutdown for two days, starting from February 28, to March 2. Kagame is not facing a debt ceiling as US President Barack Obama did…
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By 1994, Rwanda had less than 2000 university graduates in 30 years for an estimated population of 7.4 million. After the genocide, Rwanda was gripped by a dreadful need for…
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The International Finance Corporation has issued a 3.5 billion Rwandan Franc (US$5m) bond on the Luxembourg Stock Exchange, KTPress has learnt. The bond, not yet, unnamed, mark the first Rwandan…
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Business & Tech
Kagame Prefers Capital Markets For Investment Finance, Not Aid
by Magnus Mazimpaka 4:42 pmPresident Paul Kagame says African countries will not succeed economically if the continent does not embrace the spirit of integration and cooperation. “No country on our continent on its own…
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Rwanda’s Water and Sanitation Corporation Ltd. (WASAC) has contracted an American water treatment firm, Culligan International, to design and install a water treatment plant to provide drinking water to Kigali.…
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President Paul Kagame arrived in Ethiopias capital Addis Ababa Thursday for the 24th ordinary session of the African Union. The Summit is scheduled for 30th-31st January and the Rwandan leader…
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Symbion Power, an American energy investment firm, has investedUS$157m into extracting methane gas from Rwanda’s volcanic Lake Kivu. KTPress can exclusively reveal that the firm’s investment counted for 40.2% of…
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Speaking at the ongoing World Economic Forum in Davos, President Paul Kagame has rejected perceptions that Africa is experiencing insecurity and thus not safe for investment. Kagame, who is among…
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Credible information has emerged that the UN peacekeeping arm in DRCongo, (MONUSCO) is sabotaging efforts to disarm FDLR rebels. A source in the Rwandan government told KTPress Friday afternoon that…