The Parliament Accounts Committee (PAC) has ordered Rwanda Energy Group (REG) to repay over Rwf10billion that the company recorded as losses as part of the recommendation to sort out its…
Companies
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Companies
Rutsiro Honey Ltd Expands to Wine Production, Eyes Global Market
by Daniel Sabiiti 4:09 pmRutsiro Honey Ltd, a natural honey producing plant in Rutsiro district, Western Rwanda has announced plans to start producing four brands of wine by the end of the year. The…
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Rwanda’s national carrier, Rwandair has announced plans to resume flights to Uganda and India among its destinations which were temporarily closed due to alarming cases of COVID-19 in both countries.…
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Companies
BK Group Posts Stellar Half Year Results, Net Income Grew By 41.5 Percent
by Edmund Kagire 5:28 pmBK Group posted strong half year results for 2021 despite operating under what it called “very challenging” times due to the Covid-19 pandemic but still managed to achieve a significant…
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Companies
Bank of Kigali Renews Agreement With UK’s FCDCO To sponsor Chevening Scholarship Winners
by Williams Buningwire 3:22 pmThe Bank of Kigali has renewed a three-year agreement with Foreign, Commonwealth and Development Office (FCDO), a department of the Government of the United Kingdom that pursues UK’s interest in…
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Companies
Bank of Kigali Eyes Rwandans Living Abroad with a Revamped Diaspora Banking Offering
by KT Press Reporter 9:28 amBank of Kigali is looking to facilitate more Rwandans living abroad to send money and invest back home through the revamped Diaspora Banking Offering, which was specifically redesigned to cater…
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Companies
Atlas Mara Limited Completes Sale of Its 62.06% Stake In Banque Populaire du Rwanda Plc to KCB Group Plc(KCB)
by KT Press Reporter 3:16 pmKigali –KCB Group Plc (“KCB”) hereby provides an update on the strategic transaction for the acquisition of a majority stake in Banque Populaire Du Rwanda Plc (“BPR”). As previously announced…
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CompaniesNational
RURA Faults MTN Rwanda Over Poor Service, Gives Telco Up to November to Resolve Issues
by Edmund Kagire 9:39 amThe Rwanda Utilities Regulatory Authority (RURA) has warned MTN Rwanda over continuously failing to improve services and given the telco up to the end of October in the City of…
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On Friday, August 20, 2021, the first meeting of the African Advisory Board (AAB) for the University of Global Health Equity (UGHE) took place virtually. The board meeting was called…
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Companies
SKOL Brewery Ltd Supports Vulnerable Families Around the Factory
by KT Press Reporter 2:49 pmSKOL Brewery Ltd, the manufacturing company that produces SKOL and Virunga beer and water brands characterized by superior quality, reiterated its annual support to vulnerable families living around the factory…
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Rwanda Development Bank (BRD) has listed a public auctioning of two major Rwandan owned hotels in Kigali, a move which comes following the hospitality sector having been hit hard by…
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Rwanda’s brewing company Bralirwa Plc has announced a growth in revenues mainly driven by continued growth in consumption of volumes of beer and soft drink amidst the Covid19 pandemic. Bralirwa’s…