Browsing Category:

Business & Tech

Sub Categories: Companies, Economy, Markets, Technology
Rwandair To Spread Wings To India

Rwandair To Spread Wings To India

Rwanda’s national carrier, Rwandair has secured a deal to spread its wings to India connecting the Asian community in East Africa to Asia. At the beginning of September…

Rwanda Will Not Cut Fuel Prices Despite Global Price Drop

Rwanda Will Not Cut Fuel Prices Despite Global Price Drop

Rwandan motorists will have to wait much longer for a drop in fuel pump prices despite a general slump in global oil prices. The current fuel prices in Rwanda are…

USA, UK Top Investors As Rwanda Registers $1.2 Billion In 2015

USA, UK Top Investors As Rwanda Registers $1.2 Billion In 2015

  It is unusual for Medical Doctors to mobilise millions of dollars and invest in a multi-million dollar and bankable venture. In 2015, however, three big brains in global…

Rwanda’s Deficit Widens As Uganda and China Are Major Exporters

Rwanda’s Deficit Widens As Uganda and China Are Major Exporters

Rwanda is increasingly purchasing most of its major necessities from neighbouring Uganda although China is still number one source of its imports. According to the National Institute of Statistics of…

Moto-taxi Operators Furious As GT Bank Threatens To Auction Rwf150m Property

Moto-taxi Operators Furious As GT Bank Threatens To Auction Rwf150m Property

Hundreds of moto taxi operators in Rusizi district have learnt a good lesson the most painful way. Grouped under Cooperative de Taxi Moto de Rusizi (Comoru), about 400 moto taxi…

Rwandan Products Expanding Footprint In Europe, Asia

Rwandan Products Expanding Footprint In Europe, Asia

Rwanda is finding better ways of getting known around the world than the usual ugly “genocide tag”. Over 40 % of the country’s exported products have already found their way…

Bumper Harvest As Middlemen Reap Big From Rwandan Farmers

Bumper Harvest As Middlemen Reap Big From Rwandan Farmers

Traders are currently reaping big from price fluctuations of major food crops following an increased demand in the festive season. Our reporter in Rubavu district says a kilo of Irish…

Rwanda Urgently Needs Investors For Textile Industry

Rwanda Urgently Needs Investors For Textile Industry

Rwanda is under pressure to find an investor in textile industry to bridge a clothing gap. “Every year, we spend over $15 million to import second hand clothes. Wearing such…

Rwandans In Canada To Invest $7M In Housing

Rwandans In Canada To Invest $7M In Housing

Allain Patrick Ndengera, a Rwandan living in Canada and other partners, has found a better place to invest his idle cash. He announced during the 13th National Dialogue taking place…

World Bank Loans Rwanda $95m To Reduce Power Cuts

World Bank Loans Rwanda $95m To Reduce Power Cuts

Rwanda on Tuesday got new financing from the World Bank to connect more than 72,000 new homes to national grid – as well as tackle biting power cuts that began…

Egyptian Millionaire Enters Rwanda Housing Industry

Egyptian Millionaire Enters Rwanda Housing Industry

A Qatari-Egyptian real estate company, Almoez Holding Group, has entered the Rwandan market to help fix Rwanda’s housing puzzle. The current housing demand in Rwanda is widening…

Rwanda Signs $150 Million Energy Deal With U.S Firm

Rwanda Signs $150 Million Energy Deal With U.S Firm

Roughly 450 days from now, Symbion Power Lake Kivu Ltd, an American energy corporation, will inject 14 Megawatt  of electricity into Rwanda’s main power grid. By the 1080th…