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Rwanda’s Two Rival Insurance Companies Merge

Rwanda’s Two Rival Insurance Companies Merge

  SORAS Ltd – Rwanda’s oldest and best insurance company has finally merged with Saham – their toughest rival on the market. Saham is a subsidiary of a Moroccan firm. Both…

BK Group Unveils New Subsidiary – BK Capital

BK Group Unveils New Subsidiary – BK Capital

Bank of Kigali (BK) group on Thursday registered a new advisory and investment services on the Rwanda bourse. The product; BK Capital is a joint venture with Swan Group – a…

The Boeing PR Disaster: Grounding the 737 Max Models

The Boeing PR Disaster: Grounding the 737 Max Models

On the 13th day of March 2019, the US Federation Aviation Administration (FAA) ordered the temporary grounding of Boeing 737 MAX 8 and 9 aircrafts, pending further investigation into the…

Kagame Directs Gov’t to Withdraw Shares From CIMERWA

Kagame Directs Gov’t to Withdraw Shares From CIMERWA

In a highly-worded request, President Paul Kagame has said that Rwanda government is only absorbing loss in Cimerwa – Rwanda’s Cement factory and directed withdrawal of government…

Kanto Vs Kanta Case Back in Court

Kanto Vs Kanta Case Back in Court

A dispute of intellectual property rights that was initiated by a famous hair dye- Kanta is back in court with lawyers sighting possibilities of Rwandans suffering health consequences over purchasing…

Bank of Kigali launches 3rd Interest Free loan Competition

Bank of Kigali launches 3rd Interest Free loan Competition

The Bank of Kigali (BK) has launched the third edition of the interest-free loans to at least five selected existing business enterprises with each getting Rwf25million in the Urumuri…

Kigali’s Skyline: What Does it Offer?

Kigali’s Skyline: What Does it Offer?

In a seemingly sparkling difference, two pictures appeared on social media showing Kigali’s former Cartier Mateus (now Central Business District) in 1918 and the one of 2019 – or 101…

Pressure Mounts on Volkswagen Rwanda as Demand for Vehicles Soars

Pressure Mounts on Volkswagen Rwanda as Demand for Vehicles Soars

Eight months into the Rwandan market, Volkswagen (VW) Mobility Solutions Rwanda could already be one of the most successful companies. Senior managers at the company told KT Press that the…

Rwanda’s Oldest Textile Factory to Relocate In One Week

Rwanda’s Oldest Textile Factory to Relocate In One Week

Rwanda Environment Management Authority (REMA) has ordered Usine Textile du Rwanda (UTEXRWA) – a textile industry to relocate in a gazetted wetland urgently. Starting January 28, Rwanda Environmental Management Authority (REMA…

RwandAir, Amadeus Partner to Strengthen Customer Service

RwandAir, Amadeus Partner to Strengthen Customer Service

Rwanda’s National carrier RwandAir, has announced a partnership deal with world class passenger service solution giant Amadeus to provide world class customer service. In a communique issued on…

Prime Minister Launches Skol’s Packaging Line as it Expands 25% Market Share

Prime Minister Launches Skol’s Packaging Line as it Expands 25% Market Share

Rwanda’s Prime Minister Dr. Edouard Ngirente has said that Skol Ltd’s continued expansion favours the country’s ambitious plan to increase export’s base by 17% annually. Skol…

Hima Cement Considers Expanding Its Presence in Rwanda

Hima Cement Considers Expanding Its Presence in Rwanda

Hima Cement Limited – a Uganda-based cement manufacturer with 20 years presence in Rwanda says it considers expanding its presence in the country – citing ongoing negotiations to even establish a…