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Rwanda Central Bank Suspends Registration of New Insurance Companies

Rwanda Central Bank Suspends Registration of New Insurance Companies

  The National Bank of Rwanda has suspended licensing new insurance companies until further notice, to maintain financial stability. “Considering the need to streamline the insurance sector to strengthen the…

VISA, Atlas Mara in Major Payments Deal

VISA, Atlas Mara in Major Payments Deal

Global payments firm Visa and Atlas Mara Limited that bought two of some of Rwanda’s biggest banks, have signed a commercial partnership to introduce new payment solutions and expand…

Cooperatives in Rwanda Seek Investor to Run Their New Bank

Rwandan cooperatives are anxiously waiting for establishment of a bank that will help finance most of their projects, which local commercial banks are reluctant to invest in. According to Rwandan…

Despite Trade Imbalance, Rwanda Exports Increased by 5 %

Rwanda’s total exports in 2014 increased by 5% despite experiencing a trade imbalance due to more imports. Trade Minister Francois Kanimba explained to KTPress that Rwanda’s Exports are…