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BK Group, European Bank Ink Rwf 30Bn Deal to Fund Business in Rwanda

BK Group, European Bank Ink Rwf 30Bn Deal to Fund Business in Rwanda

Bank of Kigali (BK Group Plc) has entered a deal with European Investment Bank (EIB) to finance several business investment in Rwanda. The deal, signed on the margins of the…

Uganda Land Locking Rwanda – Kagame

Uganda Land Locking Rwanda – Kagame

Uganda continues to politicize the ongoing integration in Africa – particularly land locking Rwanda – its immediate neighhbour, President Paul Kagame told a business forum in the capital Kigali on Monday. Kagame…

Rwanda’s Real GDP Growth Accelerated to 8.6% in 2018 – Says IMF  

Rwanda’s Real GDP Growth Accelerated to 8.6% in 2018 – Says IMF  

Rwanda’s economy expanded by 8.6 percent in 2018 as a result of robust performance of all sectors of the economy, International Monetary Fund (IMF) said on Friday.The…

Rwanda Named Global Billionaires Destinations 2019

Rwanda Named Global Billionaires Destinations 2019

Travel consultants for world billionaires have tipped them to travel to Rwanda for vacations this year. Business insider­­-Singapore business based Publication Company teamed up with boutique luxury travel agency…

Mauritius Cyber Security Firm Opens Rwanda Subsidiary

Mauritius Cyber Security Firm Opens Rwanda Subsidiary

  A Mauritius cyber security company has launched operations in Rwanda with intent to help cut down on cyber security threats across Insurance Companies and Financial Institutions. The tech company…

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…

Rwanda’s Economy Registers 8.6% Growth, Higher than Expected

Rwanda’s Economy Registers 8.6% Growth, Higher than Expected

Rwanda’s economy grew by 8.6% in 2018 – a build-up of 10.4% registered in the first quarter, 6.8% for second quarter and 7.7% for third…

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…

Rwanda Sends Safety Alert on Boeing 737-Max8 on its Airspace

Rwanda Sends Safety Alert on Boeing 737-Max8 on its Airspace

Rwanda Civil Aviation Authority has issued a safety and operational directive on Boeing 737-8 Max and Boeing 737-9 Max. In a statement yesterday, the institution prohibited pilots and…

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…