President Paul Kagame and President Hakainde Hichilema have committed to supporting financial technology (Fintech) in Africa but also asked that the current opportunities presented by the sector should be rolled…
financial inclusion
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Companies
Umwalimu SACCO Revisits Its Loan Decision In Favour of ‘Non Professional’ Teachers
by Williams Buningwire 3:54 pmTeacher’s Savings and Credit cooperative, commonly known as Umwalimu SACCO management, has cancelled its decision to suspend loan issuing for teachers who do not have postgraduate certificates in education (PGCE).…
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Economy
93% Rwandans Are Financially Included – FinScope Survey 2020
by Jean de la Croix Tabaro 6:48 pmThe Ministry of Finance and Economic Planning has launched the 2020 FinScope Survey Report, a yardstick that measures how Rwandans are financially included and progress made towards narrowing gaps. The…
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Economy
1.7Bn World Population Remain Unbanked, PM Ngirente Provides the Key
by Dan Ngabonziza 1:08 pmThe world still grapples with effects of the 2008 Global Financial Crisis and Rwanda’s Prime Minister Dr Edourd Ngirente, says that the only way to come out of it is…
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Rwanda Private Sector Federation (PSF) has announced plans to start using mobile money (Momo) to pay for goods and services at the forth coming Rwanda International Trade Fair (RITF), commonly…
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With only a phone subscribed to MTN, Rwandans can keep saving as little as Frw100 a process that would enable them borrow a soft loan without collateral. Today, the commercial…
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Business & Tech
Rwanda Makes it Easy to Access Credit than Any African Country
by Kalinda Brenda 5:15 pmRwandans can easily walk into a bank to acquire loans in a short period and start business compared to their African counterparts. In a latest report by the Institute of…
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Sometime in 2013 on a busy morning at Saint André primary school in Muhanga district, Uwase Noella Chartine 12, was attentive in her grade four maths’ class. Suddenly three men…
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Small and Medium Enterprises have to wait longer to access lower cost funds as plans to operate the much awaited Rwanda’s first cooperatives bank continue to delay. The bank, according…