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Rwanda Cuts Fuel Prices by Rwf 65

Rwanda Cuts Fuel Prices by Rwf 65

Rwanda on Wednesday announced a surprising cut on fuel prices by Rwf65 ($0.09), to Rwf895 per litre of both petrol, diesel and kerosene, down from current Rwf960 per litre…

Business on boom at refurbished Rwanda airport

Business on boom at refurbished Rwanda airport

Silas Udahemuka, the Director General of Rwanda Civil Aviation Authority, is now, possibly, the happiest man in town. He earned his Christmas gift after impressing President Paul Kagame with the…

Rwandans in France Donate to One-cow-per Family

Rwandans in France Donate to One-cow-per Family

An Association of Rwandan women living in France and their friends have donated five hybrid cows to Rwanda’s One-cow-per family program. The One-cow-per family initiative…

Rwanda shouldn’t wait for favours from anywhere – UN

Rwanda shouldn’t wait for favours from anywhere – UN

Countries like Rwanda that show resilience in transforming their economies “cannot wait for favourable winds, said Executive Secretary for United Nations Economic Commission for Africa, Carlos Lopes. Lopes was speaking…

Rwandans Turning Digital to Boost Economy

Rwandans Turning Digital to Boost Economy

President Paul Kagame has commended the increased usage of Information Communication Technology (ICT) among Rwandans and its substantial contribution to the country’s economy. Kagame said that ICT has become…

Kagame outlines pragmatic shift into agriculture to boost economy

Kagame outlines pragmatic shift into agriculture to boost economy

President Paul Kagame has said the government will invest heavily in agriculture to boost the economy and increase household income. While officially opening the 12th National Dialogue Council (Umushyikirano), Kagame…

Rwanda’s GDP Expands by $2b in Third Quarter

Rwanda’s GDP Expands by $2b in Third Quarter

Rwanda’s economy expanded 7.8% by September, Finance Minister, Claver Gatete announced Wednesday morning. He said GDP for just 3rd quarter rose to Rwf1,393 trillion ($2b) from the…

Rwanda Has Become World’s Largest Coltan Exporter

Rwanda Has Become World’s Largest Coltan Exporter

Rwanda is now the world’s single largest exporter of tantalum mineral known as coltan and the government says that is only a small portion of the country&#8217…

Rwanda and neighbors create ‘one airspace’ to cut flight fares by 40%

Rwanda and neighbors create ‘one airspace’ to cut flight fares by 40%

 Rwanda, Kenya, Uganda and  South Sudan have signed a landmark airspace deal that will slash down flight fares by 40% starting 2015. Travelers have continuously complained of high flight tariffs…

Rwandan businesses turn to Turkey for supplies

Rwandan businesses turn to Turkey for supplies

Rwandan traders are increasingly turning to Turkey for its quality products, KT Press has exclusively learnt. “Turkey has high quality products compared to Dubai and China, which have been our…

Rwanda revises trade policy to address trade imbalance

Rwanda revises trade policy to address trade imbalance

Rwanda says it is revising policies to fix its daunting trade imbalance, mainly caused by huge importation of mainly electronics, light manufactured merchandise, petroleum products, fertilisers construction materials. Despite Rwanda…

Rwanda’s 15 bn bond registers high subscription

Rwanda’s 15 bn bond registers high subscription

Rwf 15 billion (21.8M) Treasury bond has registered a 187 % subscription level with 59 bids from different categories of investors. Rwanda issued the bond, to seek funds for infrastructure…