Economy

All Umurenge Saving and Credit Cooperatives (Umurenge Saccos) in Rwanda will soon get Cash in Transit (CIT) vehicles to ensure the security of funds that are transported between Saccos branches…

Rwanda has automated the last Umurenge sectors savings and credit schemes- Umurenge Saccos(U-Sacco), paving the way for the establishment of the national Cooperative Bank. The automation of Kagano Umurenge Sacco,…

Kagano Sacco in Kagano sector Nyamaseke district will witness the automation of the last Umurenge sectors savings and credit schemes (Umurenge Saccos) in Rwanda. Ministry of Finance and district officials…

The Rwanda Utilities Regulatory Authority(RURA) has reviewed downward the fuel pump price with effect June 5,2024. Gas oil was put to Rwf 1,663  per liter down from Rwf 1,764 o…

The High Commissioner of Pakistan to Rwanda Naeem Ullah Khan has started implementing strategies that will allow his agenda in the host country to materialise. Upon presenting his credentials to…

National Bank of Rwanda (BNR) has lowered the central bank rate (CBR) to 7% based on the current inflation forecasts that is expected to be manageable, around 5 percent over…

Rwanda Parliament has approved a proposed budget for the Fiscal Year (FY) 2024/2025 that is forecasted at Rwf5,690.1 billion in estimated resources that will focus on sustainable economic development, improved…

The Board of Directors of the African Development Bank Group has approved the mid-term review of the Country Strategy Paper (CSP) 2022-26 for Rwanda which shows that the progress during…

Members of the Public Account Committee (PAC) yesterday expressed disappointment following poor management of a project that was dedicated to poverty eradication. The shortfall was blamed on the Business Development…

The European Union (EU) in Rwanda has committed to improving the local horticulture value chain and revealed that there is a plan to open a new Kigali wholesale market which…

Rwanda Transport Development Agency (RTDA) has been put on spot over failure to prioritize construction and rehabilitation of key national and feeder roads which connect communities, drive tourism activities, economic…

The Office of the Auditor General’s (OAG) annual audit report for the year ended has shown a slight increase in the proportion of Government expenditure, decline in unlawful expenditures and…