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Economy

Rwanda Social Security Board Investment Portfolio Hits Rwf 1Trillion

Rwanda Social Security Board Investment Portfolio Hits Rwf 1Trillion

Rwanda Social Security Board (RSSB) investment portfolio reports that for the first since it was set up in 2010, its investment portfolio has grown to a value of one trillion…

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…

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 Trade Fair, Showing You the World’s Wares

Rwanda Trade Fair, Showing You the World’s Wares

Bigger, better, ever more digital, that seems to be the theme for this year’s Rwanda International Trade Expo, which is now underway. In its 22nd year now, global recognition…

RRA Kicks off New Registration of Immovable Properties

RRA Kicks off New Registration of Immovable Properties

Rwanda’s tax body has started a campaign that is expected to boost district revenues and increase tax compliance among property owners. A law on immovable properties that was passed…

We Are Not Targeting Ugandan Products –Rwanda Revenue Boss

We Are Not Targeting Ugandan Products –Rwanda Revenue Boss

Rwanda Revenue Authority (RRA) has refuted rumours that it singling out Ugandan goods in an ongoing joint operation to crackdown on smuggled goods in the country. Over the last couple…

Most Luxurious Hotel Launches in Rwanda’s Mountain Gorilla Territory

Most Luxurious Hotel Launches in Rwanda’s Mountain Gorilla Territory

President Paul Kagame and First Lady Jeannette Kagame on Thursday attended the launch of one of the most luxurious hotels Rwanda has ever had. The facility, Singita Kwitonda Lodge and…