Browsing Category:
Sub Categories: Companies, Economy, Markets, Technology
DP World Boss Says Rwanda Subsidiary a Sign of End to Trade Barriers

DP World Boss Says Rwanda Subsidiary a Sign of End to Trade Barriers

Sultan Ahmed Bin Sulayem – Chairman and Chief Executive Officer of Dubai Portland World says the logistics firm’s decision to open a subsidiary in Rwanda was purposely to make landlocked…

Rwanda: Banks Could Stop Acquiring Tax Declaration Service Fee

Rwanda: Banks Could Stop Acquiring Tax Declaration Service Fee

The senate has tasked the Rwanda Revenue authority (RRA) to address the burden of tax payers paying Rwf500 charge to bank while declaring taxes, which is partly the cause of…

Rwanda, AfDB Sign Deal to Boost Water Distribution

Rwanda, AfDB Sign Deal to Boost Water Distribution

In a move to increase water production capacity, Rwanda and African Development Bank (AfDB) on Wednesday, January 16, 2019, signed €115million (Rwf117.3 billion) to boost the country’s sustainable…

Nigerian Brings ‘Pay as You Cook’ Technology to Rwanda

Nigerian Brings ‘Pay as You Cook’ Technology to Rwanda

A Nigerian company has put together all it takes to launch in two weeks, a new innovation that will allow cooking gas consumers buy as little as they want via…

Do You Reserve the Right To Claim Deceased’s Mobile Money Account?

Do You Reserve the Right To Claim Deceased’s Mobile Money Account?

Last week KT Press reported how it’s difficult for a relative to claim money left on mobile money account in case one dies unexpectedly. Several Rwandans die and leave…

Milk Farmers Suffer Massive Loss as Inyange Industries Seeks Wider Market

Milk Farmers Suffer Massive Loss as Inyange Industries Seeks Wider Market

Inyange industries – Rwanda’s diary processing firm has said it will stop receiving milk supply every two days of the week, from three most producing districts in the country. The…

Rwanda Signs Air Service Agreement with Israel

Rwanda Signs Air Service Agreement with Israel

  Rwandans and regional pilgrimages who dream to visit Jerusalem, the capital city of Israel with rich history of Jesus and His ancestors may soon enjoy RwandAir direct flights. Rwanda…

RDB, Alibaba Discuss Increasing Rwandan Exports to China

RDB, Alibaba Discuss Increasing Rwandan Exports to China

The Rwanda Development Board (RDB) and a 16-member delegation from Alibaba Group have held discussions that may soon put a smile on the face of farmers as well as…

Where Does Your Mobile Money Go After Death?

Where Does Your Mobile Money Go After Death?

Clients of Mobile Money (MoMo) and Airtel Money, the country’s money transaction services through mobile phones may have to find alternative ways of ensuring their money is passed…

RwandAir to Start Direct Flights to Addis Ababa in April

RwandAir to Start Direct Flights to Addis Ababa in April

RwandAir has announced a new destination to Addis Ababa – Ethiopia starting April 2019 as a strategic route to connect the “Heart of Africa” to East, West and even Southern Africa…

Central Bank Hikes Required Capital for Financial Institutions

Central Bank Hikes Required Capital for Financial Institutions

Effective next year, all commercial banks will have to have a minimum required paid up capital of Rwf20 billion (from Rwf5 billion). In a new monetary policy regulation announced by…

Six Entrepreneurs Walk Away with BK’s Interest-Free Loan

Six Entrepreneurs Walk Away with BK’s Interest-Free Loan

Six lucky Rwandan entrepreneurs on Thursday walked away with interest-free loans from Bank of Kigali – in a joint project to promote ‘Made in Rwanda’ Policy. Two years…