Rwanda Stock Exchange (RSE) has called on investors to invest in the local bourse which has managed to witness newly listed companies like Cimerwa Plc, make good profits despite of…
Companies
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Internet banking is one of Rwanda’s strategic initiatives to enhance banking services and drive the cashless economy by 2024. A 2020 Central Bank report shows that the target has been…
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Companies
Development Bank of Rwanda Floats $ 9M in Refugees Post Covid-19 Resilience
by Daniel Sabiiti 3:31 pmThe Development Bank of Rwanda (BRD) has floated subsidiary financing that will be used to finance development activities for refugees living in Rwanda and their neighboring communities. The funding worth…
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Atlas Mara Limited and Kenya Commercial Bank (KCB) Group Plc has signed a definitive agreement to acquire 62.06% of issued shares in Banque Populaire du Rwanda Plc (BPR). BPR, which…
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Despite Covid-19 challenges on Rwanda’s economy, the financial sector continued to be sound and stable with sufficient capital and liquidity, the Central Bank said recently in its annual report. For…
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For every business to succeed, it needs to maintain consistence in operations, a steady cash flow but above all, it must be insured against any unforeseen risks that can emerge,…
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Companies
Bank of Kigali Gives Interest-free Loans to Urumuri Initiative Winners
by Daniel Sabiiti 4:33 pmBank of Kigali, under its Urumuri initiative awarded another batch of interest-free loans worth Frw 25million to outstanding women-led business in Rwanda. The BK Urumuri Initiative, launched in partnership with…
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Bank of Kigaki has had an unfortunate incident two days ago, that has affected services to customers. A power incident our primary data center caused equipment failure and multi service…
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Companies
Zigama CSS Cuts Mortgage Loan Interest Rates Down to 10%
by Jean de la Croix Tabaro 9:11 pmZigama Credit and Saving Society (CSS) whose members Rwanda Defense Force, National Police and Rwanda Correctional Services, and recently, Rwanda Investigations Bureau(RIB) has cut interest rates from 15% to 10%,…
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The Government of Rwanda has over the years been promoting the use of cashless transactions as opposed to cash. With nearly 80 percent of Rwandans connected to mobile phones and…
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Companies
Featured: Ericsson Discusses Accelerating Africa’s Digital Future at AfricaCom 2020
by KT Press Reporter 9:12 pmEricsson experts to highlight the role of connectivity in powering Africa’s digital future Focus on improving connectivity and bridging the digital divide Ericsson (NASDAQ: ERIC) will discuss its digital transformation…
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As Rwanda adjusts to a new normal in digital payments in the aftermath of COVID-19, BKTechouse has rolled out UrubutoPay, a school fees payment system that parents can use without…