Rwanda’s Amy bank, Zigama CSS has announced it will fetch Rwf8 billion ($9.3million) profit after tax before end of this financial year. Zigama CSS could soon rise to the same league…
Business & Tech
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Business & TechMarkets
Small Companies Can Buy Bonds on Rwanda Stock Market
by Daniel Sabiiti 1:03 amAny other small sized business with cash ready to invest will be able to buy secondary bonds which will be listed on the Rwanda Stock Exchange on November 28th. These…
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The Trade and Development Bank (TDB) – formerly Eastern and Southern African Trade and Development Bank or PTA, has announced plan to widen its financing of big projects in Rwanda.…
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NationalNewsTechnology
Rwanda’s Hacking Students Sit for National Exams
by Jean de la Croix Tabaro 6:14 pmA little known secondary school in Kigali is quietly partnering with American experts to introduce students into hacking skills because their future is considerably digital. World Mission Secondary School at…
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The latest 7-year treasury bond (T-bond FXD4/2017/7YRS) could see government having more money than it asked for on Rwf10 billion bond. According to Robert Twagira, the Head of Information Technology…
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Rwanda has re-branded its tea package that redefines the tea industry identity, uniqueness and values at global level. Two months ago Rwanda’s Sorwathe Tea Factory won a Gold Medal Competition…
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Business & TechMarkets
Rwanda Optimistic With Rwf10billion bond Subscription
by Daniel Sabiiti 7:14 pmThe long awaited 7-year Treasury bond worth Rwf10 billion ($11.72m) opened today to investors and the general public. The bond will stay open till Wednesday November 22nd for as low…
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Rwanda central bank (BNR) is undecided on what to do with over Rwf2.1billion that has collectively been idle on bank accounts in different banks. The Director of Banking Supervision at…
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New financial statistics indicate that the number of credit and debit cards have increased as the country sets new electronic payment targets towards a cashless society. Central bank figures show…
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Business & TechEconomy
Experts Want Rwanda to Cut Expenditure On Printing Money
by Daniel Sabiiti 9:41 pmRwanda has shown tremendous growth in its drive towards a cashless economy and now experts want focus on decreasing expenditure in printing notes. With digital financial services now available 24/7…
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Eighteen families in Rusizi district have been relieved from fear for negative health effects due to proximity to CIMERWA – Rwanda’s cement factory. Juvenal Rutaganda, the Strategic Initiative Manager of…
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Prime Minister Edouard Ngirente has called for improved aviation infrastructure, free visa movement and intra Africa trade in open air space as way of reducing financial losses made in Africa’s…