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Rwanda’s Trade Deficit Down by 21%

Rwanda’s Trade Deficit Down by 21%

Rwanda government is celebrating the festive season in style following a significant cut on trade deficit in 2017. Central Bank Governor John Rwangombwa said today that the last 11 months…

Traders  Worried, Christmas sales Generally Low

Traders Worried, Christmas sales Generally Low

Christmas is here and a big percentage of Rwandans being Christians makes the festive season very interesting. Everyone is busy shopping, drinking, visiting friends and merry making. Elisabeth Nyiramatama sales…

Rwanda’s Ban on South Africa Meat to Cause Huge Gap

Rwanda’s Ban on South Africa Meat to Cause Huge Gap

Rwanda will have to find an alternative source to fully meet her needs in meat, vegetables and fruits after suspending meat and fruits from South Africa for health precautions. Effective…

How Umushyikirano Gave Birth To A Great Online Marketing Idea

How Umushyikirano Gave Birth To A Great Online Marketing Idea

In 2014, Jaurès Habineza was among Rwandan youth in Diaspora that travelled to Rwanda and learn about the country’s progress and available opportunities. From Canada, he attended…

Kagame Launches $25M Precast Factory

Kagame Launches $25M Precast Factory

President Paul Kagame on Monday inaugurated a $25 million Afriprecast factory, the first manufacturer of pre-cast concrete products in Rwanda. Located at Masaka, Kicukiro district, Afriprecast prepares all concrete…

Rwanda Creates Land Bank To Ease Housing

Rwanda Creates Land Bank To Ease Housing

If you have big land that was gazetted for affordable housing, you may strike a deal with government. Government of Rwanda has started purchasing land from individuals to scale down…

Gov’t Okays Made In Rwanda Support Policy

Gov’t Okays Made In Rwanda Support Policy

All companies and individuals dealing in ‘Made in Rwanda’products will be given a threshold – following a cabinet approval on Tuesday. The cabinet meeting, chaired by President Paul Kagame approved…

Rwanda’s Army Bank Makes Rwf8Bn Profit After Tax

Rwanda’s Army Bank Makes Rwf8Bn Profit After Tax

Rwanda’s Amy bank,  Zigama CSS has announced it will fetch Rwf8 billion ($9.3million) profit after tax before end of this financial year. Zigama CSS could soon rise to…

Rwanda Rebrands Tea Package Identity

Rwanda Rebrands Tea Package Identity

Rwanda has re-branded its tea package that redefines the tea industry identity, uniqueness and values at global level. Two months ago Rwanda’s Sorwathe Tea Factory won a…

Rwf2.1B Remains Unclaimed in Rwandan Banks

Rwf2.1B Remains Unclaimed in Rwandan Banks

Rwanda central bank (BNR) is undecided on what to do with over Rwf2.1billion that has collectively been idle on bank accounts in different banks. The Director of Banking Supervision…

Rwanda Grows in Digital Payment

Rwanda Grows in Digital Payment

New financial statistics indicate that the number of credit and debit cards have increased as the country sets new electronic payment targets towards a cashless society. Central bank figures show…

Experts Want Rwanda to Cut Expenditure On Printing Money

Experts Want Rwanda to Cut Expenditure On Printing Money

Rwanda has shown tremendous growth in its drive towards a cashless economy and now experts want focus on decreasing expenditure in printing notes. With digital financial services now available 24…