In a bid to preserve its cash flow and sustain operations, local brewer Bralirwa Plc will suggest not pay out 2019 dividends to shareholders as the beverage manufacturer anticipates hard…
Business & Tech
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The National Bank of Rwanda (BNR) has clarified on the advice by Rwanda Bankers’ Association (RBA) to banks to close some of their branches in the City of Kigali as…
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Apple Inc has announced plans of opening its App Store to 20 new countries this year, including Rwanda among the African countries on the list. The company yesterday, announced this…
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The National Institute of Statistics of Rwanda (NISR) has released figures that show the 2019 gross domestic product (GDP) estimates, calculated using the 2017 benchmark, increased by 9.4%. Rwanda’s economy…
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Companies
Sponsored: 100 Free Channels on StarTimes to African Viewers During Covid-2019
by StarTimesby StarTimes 2:34 pmCurrently, over 30 countries in Africa have been infected by the COVID-2019 according to WHO. Given the concerns about possible spreading, people are suggested to stay at home. Meanwhile, the…
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In a bid to control spread of Coronavirus, Rwanda Bankers Association (RBA) has instructed that all banks to no longer allow third party cheque payments for the next three months.…
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A total of 24 businesses and people in the City of Kigali have been fined after they were caught inflating prices in the wake of the Novel Coronavirus outbreak. Rwanda…
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Companies
BK Urumuri’s Rwanda-wide Search for 25 Outstanding Women Entrepreneurs
by Jean de la Croix Tabaro 12:51 pmBK headquartersThe 4th annual BK Urumuri competition will select 25 women-run businesses for 0% interest loans and 4-month business training and consulting from Inkomoko. On March 18th 2020, Inkomoko Entrepreneur…
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In a bid to cope with the current Covid-19 pandemic and prevent an economic shock, the National Bank of Rwanda (BNR) has eased the normal bank loaning procedures for both…
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In the wake of the covid19 outbreak, Rwanda Stock market index (RSI) and shares index (ALSI) have remained constant despite the country recording eight cases since March 14, 2020. Before…
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Authorities from the Ministry of Trade and Industry and Private sector federation of Rwanda (PSF) have warned traders against hiking prices. They were also requested not to use substandard materials…
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The ministry of agriculture has asked parliament to push for establishment of a farmer’s bank to address the challenge of lack of access to agriculture financing. The national bank of…