EQTY 440.00 -5 CTL 65.00 0.00 KCB 370.00 0.00 USL 104.00 0.00 NMG 1,200.00 0.00 BLR 139.00 0.00 BK 265.00 0.00 IMR 90.00 0.00
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Companies

Kagame Directs Gov’t to Withdraw Shares From CIMERWA

Kagame Directs Gov’t to Withdraw Shares From CIMERWA

In a highly-worded request, President Paul Kagame has said that Rwanda government is only absorbing loss in Cimerwa – Rwanda’s Cement factory and directed withdrawal of government…

Kanto Vs Kanta Case Back in Court

Kanto Vs Kanta Case Back in Court

A dispute of intellectual property rights that was initiated by a famous hair dye- Kanta is back in court with lawyers sighting possibilities of Rwandans suffering health consequences over purchasing…

Bank of Kigali launches 3rd Interest Free loan Competition

Bank of Kigali launches 3rd Interest Free loan Competition

The Bank of Kigali (BK) has launched the third edition of the interest-free loans to at least five selected existing business enterprises with each getting Rwf25million in the Urumuri…

Kigali’s Skyline: What Does it Offer?

Kigali’s Skyline: What Does it Offer?

In a seemingly sparkling difference, two pictures appeared on social media showing Kigali’s former Cartier Mateus (now Central Business District) in 1918 and the one of 2019 – or 101…

Pressure Mounts on Volkswagen Rwanda as Demand for Vehicles Soars

Pressure Mounts on Volkswagen Rwanda as Demand for Vehicles Soars

Eight months into the Rwandan market, Volkswagen (VW) Mobility Solutions Rwanda could already be one of the most successful companies. Senior managers at the company told KT Press that the…

Rwanda’s Oldest Textile Factory to Relocate In One Week

Rwanda’s Oldest Textile Factory to Relocate In One Week

Rwanda Environment Management Authority (REMA) has ordered Usine Textile du Rwanda (UTEXRWA) – a textile industry to relocate in a gazetted wetland urgently. Starting January 28, Rwanda Environmental Management Authority (REMA…

RwandAir, Amadeus Partner to Strengthen Customer Service

RwandAir, Amadeus Partner to Strengthen Customer Service

Rwanda’s National carrier RwandAir, has announced a partnership deal with world class passenger service solution giant Amadeus to provide world class customer service. In a communique issued on…

Prime Minister Launches Skol’s Packaging Line as it Expands 25% Market Share

Prime Minister Launches Skol’s Packaging Line as it Expands 25% Market Share

Rwanda’s Prime Minister Dr. Edouard Ngirente has said that Skol Ltd’s continued expansion favours the country’s ambitious plan to increase export’s base by 17% annually. Skol…

Hima Cement Considers Expanding Its Presence in Rwanda

Hima Cement Considers Expanding Its Presence in Rwanda

Hima Cement Limited – a Uganda-based cement manufacturer with 20 years presence in Rwanda says it considers expanding its presence in the country – citing ongoing negotiations to even establish a…

DP World Boss Says Rwanda Subsidiary a Sign of End to Trade Barriers

DP World Boss Says Rwanda Subsidiary a Sign of End to Trade Barriers

Sultan Ahmed Bin Sulayem – Chairman and Chief Executive Officer of Dubai Portland World says the logistics firm’s decision to open a subsidiary in Rwanda was purposely to make landlocked…

RwandAir to Start Direct Flights to Addis Ababa in April

RwandAir to Start Direct Flights to Addis Ababa in April

RwandAir has announced a new destination to Addis Ababa – Ethiopia starting April 2019 as a strategic route to connect the “Heart of Africa” to East, West and even Southern Africa…

Hotel Ranking: The One&Only Nyungwe House Joins Rwanda’s BIG FOUR

Hotel Ranking: The One&Only Nyungwe House Joins Rwanda’s BIG FOUR

The One&Only Nyungwe House, formerly Nyungwe lodge has regained its status in the hospitality industry reclaiming a solo winner in the five star category of the 2018 Rwanda…