Dealers in hides and skins in Rwanda have said that more than one hundred tons in stores across the country are rotting following markets and tariff barriers. In a-two day…
Economy
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Economy
Central Bank Issues New Bank Notes of Rwf 5000 and Rwf 2000
by Jean de la Croix Tabaro 3:36 pmThe National Bank of Rwanda, BNR has issued new notes of Rwf 5000 and Rwf 2000, now in circulation simultaneously with the existing notes. The dominant features of the notes,…
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Markets
Mahwi Grain Millers Becomes First SME To Join Rwanda Capital Markets
by Daniel Sabiiti 4:33 pmMahwi Grain Millers has made history to officially become the first Rwandan Agri business Small and Medium Enterprise (SME) to float a Rwf5billion corporate bond on the Rwanda Capital Markets.…
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Rwanda Mines, Petroleum and Gas Board (RMB) has announced immediate suspension of all beryllium mineral exportation in the country until further notice. Beryllium is a chemical element whose compounds are…
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International
Rwanda To Host The Pan-African Energy Expo And Leadership Summit
by Daniel Sabiiti 1:56 pmAn inaugural pan-African Energy Expo and Leadership Summit will be launched this year in Kigali City bringing together African leaders to discuss African based energy solutions, solicit investments and funding,…
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The Rwanda Utilities Regulatory Authority(RURA) has reviewed fuel pump price with gas oil going to Rwf 1629 per liter, down from Rwf 1663 of the last two months. This marks a…
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Rwandan miners will soon be able to get a minimum wage that is expected to improve their welfare while also reducing illegal mining activities which threaten the sector that is…
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Regional
Regional Energy Regulators Meet To Harmonize Cross-border Power Trade
by Jean de la Croix Tabaro 2:16 amThe regional association of energy regulators for Eastern and Southern Africa (RAERESA) and it partners are gathered in Kigali-Rwanda for a validation workshop that would be a game changer in…
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Economy
S&P Global Maintains Rwanda’s Creditworthiness At B+ with a Stable Economic Outlook
by KT Press Staff Writer 7:16 pmS&P Global, a leading global rating agency, has maintained Rwanda’s creditworthiness at B+ with a stable economic outlook following a recent assessment. The rating agency’s decision is underpinned…
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Rwanda and the Republic of Korea today signed a $1 billion framework arrangement aimed at providing concessional funding for a range of projects. The financing by Korean Government is channeled…
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The FinScope 2024 survey has shown a growth in financial inclusion and access to services. The survey unveiled this June 20, by the Prime Minister Dr. Edouard Ngirente showed that…
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Economy
GDP To Grow At 6.6%, As Rwanda’s Economy Continues “Upward Trend”
by Vincent Gasana 12:38 pmThe Rwanda economy is projected to grow at 6.6% this year, according to the Ministry of Finance (MINECOFIN), with the usual support of the National Institute of Statistics of Rwanda…