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BK Group Increases Three Folds its Unsecured Loans

BK Group Increases Three Folds its Unsecured Loans

Clients of Bank of Kigali Plc. wishing to apply for unsecured loans have been given a big boost – as the bank moved the offer from Rwf10 million to Rwf30 million…

From UK, Here is a Training Opportunity for Rwandan Entrepreneurs

From UK, Here is a Training Opportunity for Rwandan Entrepreneurs

Challenges Group-Rwanda an international development consulting organization has launched a certified training programme in which young Rwandan entrepreneurs will be trained by other successful entrepreneurs. The launch event was…

BK Group Posts $30M Net Profit in 2018 as it Targets $1Bn Mark

BK Group Posts $30M Net Profit in 2018 as it Targets $1Bn Mark

Bank of Kigali (BK Group Plc) Rwanda’s only cross-listed has announced a $30.7 million (Rwf27.4 billion) profit after tax in 2018 – few months after…

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…