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Monetary Policy Committee Declares Economic Outlook Positive

Monetary Policy Committee Declares Economic Outlook Positive

Low inflation rate, modest pressure on the exchange rate, favourable macroeconomic conditions that are expected to remain throughout the year. That’s the conclusion of the Monetary Policy Committee (PMC…

Rwanda, Japan Sign $90M Loan Agreement to Uproot Malnutrition

Rwanda, Japan Sign $90M Loan Agreement to Uproot Malnutrition

Japan and Rwanda on Friday signed Loan Agreement worth ¥10 billion (approximately $91 million) that will enable Rwandans to strategize on planting nutritious foods and making them available to common…

Rwanda Keeps Boeing 737 Max Purchase on Hold, Seeks Brazilian aircraft Manufacturers

Rwanda Keeps Boeing 737 Max Purchase on Hold, Seeks Brazilian aircraft Manufacturers

Rwanda has officially said that it has put on hold a purchase order for the Boeing 737 Max plane until the troubled aircraft sorts out its technical problems. Rwanda was…

Rwanda to Host First Ever Cybertech Conference in Africa

Rwanda to Host First Ever Cybertech Conference in Africa

Amid growing cyber security threats in Africa, Rwanda will in March next year, host the first ever Cybertech Africa Conference and Exhibition. The first conference to be hosted in Africa…

Rwanda’s Tea Scoops Highest Premium Price at Mombasa Auction

Rwanda’s Tea Scoops Highest Premium Price at Mombasa Auction

Kitabi Tea Factory – one of the tea marks sold under Rwanda Mountain Tea at the East African Tea Traders Association (EATTA) in Mombasa scooped the unprecedented price of $6.06…

Education Ministry Directs Schools to Provide 1.8M Liters of Milk to Students Daily

Education Ministry Directs Schools to Provide 1.8M Liters of Milk to Students Daily

The Ministry of Education has sent an instruction to schools which would see 1,813,181 liters of milk consumed every day in Rwandan nursery, Primary and secondary schools. In…

Rwanda Scores B+ in S&P Global Rating but Remains Warned over Ebola Threat

Rwanda Scores B+ in S&P Global Rating but Remains Warned over Ebola Threat

The outlook of Rwanda’s economic performance remains ‘stable’, a latest ranking by  Standard and Poor’s (S&P) Global says. But Rwanda is also warned…

Rwanda’s Private Sector Federation Sets A Gold Standard

Rwanda’s Private Sector Federation Sets A Gold Standard

The African Continental Free Trade Area (AFCFTA) is now on stream, and from July 2020, Africans can start trading under its rules. With the inaugural launch of the Gold Business…

AfCFTA Should Ease Free Movement of People – President Kagame

AfCFTA Should Ease Free Movement of People – President Kagame

President Paul Kagame says the African Continental Free Trade Area (AfCFTA) should ease free movement of people as it will for goods because goods cannot move on their own if…

Traders Count Rwf 3.8bn Losses In Recent Fire Incidents

Traders Count Rwf 3.8bn Losses In Recent Fire Incidents

Hundreds of traders in Kigali city will restart from ash following a series of massive fire outbreaks that gutted their shops within the last two months making Rwf3.8 billion…

Rwanda Central Bank Reveals Top Consumers of its Treasury Bonds

Rwanda Central Bank Reveals Top Consumers of its Treasury Bonds

“Central Bank Rwanda on behalf of Rwanda Government is set to issue a Treasury Bond worth Frw 15 billion to develop Rwanda’s capital market industry and fund…

Rwanda Launches Campaign to Revamp Sale of its Creeping Dot Rw Domain Name

Rwanda Launches Campaign to Revamp Sale of its Creeping Dot Rw Domain Name

In 2005 Rwanda started a legal battle to win back its internet domain name (dot.rw) in an international dispute with a Swiss company that owned the name for decades…