The Republic of Rwanda and the Republic of Korea have signed a Bilateral Air Services Agreement (BASA) that comes to open doors to larger market opportunities between both countries. Rwanda’s…
Business & Tech
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Atlas Mara Limited and Kenya Commercial Bank (KCB) Group Plc has signed a definitive agreement to acquire 62.06% of issued shares in Banque Populaire du Rwanda Plc (BPR). BPR, which…
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Economy
Rwanda Gets More Funding to Roll out 2024 Electricity Access Targets
by Daniel Sabiiti 6:52 pmRwanda and the Republic of Korea have signed a financing agreement worth Rwf64 billion ($66.2 million) to reinforce Rwanda’s power transmission and grid expansion. The deal was signed this morning…
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“Tomorrow Nov. 26[today] at noon the first-ever Israeli airline @Israir_israel will land in beautiful @CityofKigali with more than 80 tourists. Welcome!” wrote the Ambassador of Israel to Rwanda, Ron Adams. Welcome notes…
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Despite Covid-19 challenges on Rwanda’s economy, the financial sector continued to be sound and stable with sufficient capital and liquidity, the Central Bank said recently in its annual report. For…
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The Government’s efforts to improve the social services have moved a further step with offering Rwanda Social Security Board (RSSB) full financial and administrative independence or autonomy, the condition expected…
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Economy
Rwanda’s Integrated Payments To Be Fully Operational February 2021
by Daniel Sabiiti 5:13 pmThe National Bank of Rwanda (BNR) Governor, John Rwangombwa has said that Rwanda’s automated financial payment systems will next year February start operating in full swing running 24 hours, seven…
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Technology
KOMMTRACE Tag: Here Comes an Innovative, Cost Effective Technology In COVID-19 Contact Tracing
by KT Press Reporter 3:05 pmKommlabs, an ICT solutions company has brought an innovative, cost effective and reliable technology in the fight against COVID-19, a pandemic that has deepened the world into a crisis since…
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For every business to succeed, it needs to maintain consistence in operations, a steady cash flow but above all, it must be insured against any unforeseen risks that can emerge,…
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Companies
Bank of Kigali Gives Interest-free Loans to Urumuri Initiative Winners
by Daniel Sabiiti 4:33 pmBank of Kigali, under its Urumuri initiative awarded another batch of interest-free loans worth Frw 25million to outstanding women-led business in Rwanda. The BK Urumuri Initiative, launched in partnership with…
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The Rwanda Parliament on Wednesday approved draft laws approving the ratification of the Bilateral Air Services Agreement (BASAs) between Rwanda and 5 Countries namely Brazil, Democratic Republic of Congo, Namibia,…
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Bank of Kigaki has had an unfortunate incident two days ago, that has affected services to customers. A power incident our primary data center caused equipment failure and multi service…