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 RHB 526.00 0.00 CMR 120.00 0.00
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Economy

Covid-19 EAC: Cross Border Trade Drop By 8% In 2020

Covid-19 EAC: Cross Border Trade Drop By 8% In 2020

The Ministry of Trade and Industry says that trade between Rwanda and East African Community (EAC) countries reduced by 8% in 2020 compared to the previous year due to the…

Budget 2021/22: Government to Spend Rwf3.8 Trillion, Economic Recovery to Take Lion’s Share

Budget 2021/22: Government to Spend Rwf3.8 Trillion, Economic Recovery to Take Lion’s Share

The Government of Rwanda is set to spend Rwf.3.8 trillion in the 2021/22 fiscal year, with a huge chunk of the budget allocated to economic recovery activities…

John Bosco Kalisa  Appointed CEO, East African Business Council

John Bosco Kalisa Appointed CEO, East African Business Council

The Board of the East African Business Council (EABC) has appointed Mr. John Bosco Kalisa as new Executive Director /CEO. Mr Kalisa is an expert in international trade policy and…

Govt, Partners Dedicate Rwf 160 Bn to Urban Development

Govt, Partners Dedicate Rwf 160 Bn to Urban Development

The World Bank and government of Rwanda will inject Rwf160billion in the second round of Rwanda Urban Development Project (RUDP II) aimed at improving urban settlements through proper management of…

RUDP Road Project Changing Face of Rwanda’s Border Cities

RUDP Road Project Changing Face of Rwanda’s Border Cities

Rusizi city, one of six secondary cities from Western Rwanda is surrounded by the shores of Lake Kivu on the border between Rwanda and the Democratic Republic of Congo (DRC…

Property Auction: Rwanda Fully Digitizes the System To Fight Corruption   

Property Auction: Rwanda Fully Digitizes the System To Fight Corruption   

The Ministry of Justice and its banking sector partners are discussing how to fully implement the digital bidding system soon, replacing the traditional platform that requires bidders to physically gather…

France Offers Rwanda COVID-19 Vaccine Doses, Funding

France Offers Rwanda COVID-19 Vaccine Doses, Funding

The French government has extended a helping hand with vaccine doses and funding to enable Rwanda to tackle the COVID-19 pandemic. The donations and funding come at a time…

Rwanda Five Star Hotels: Three Luxurious Hotels Join the Growing Family

Rwanda Five Star Hotels: Three Luxurious Hotels Join the Growing Family

Three luxurious hotels were added on the list of five star hotels last week, bringing the number of the quick growing family to eight  Passing to five-star hotels include…

Bugesera International Airport Completion Due Next Year

Bugesera International Airport Completion Due Next Year

Construction of Bugesera International Airport(BIA) in Eastern Rwanda will be completed by December 2022, the Minister of Infrastructure has told the media. Minister Amb. Claver Gatete on Tuesday said…

Rwandan Economy: Challenges Remain, But We See Green Shoots of Recovery

Rwandan Economy: Challenges Remain, But We See Green Shoots of Recovery

The National Bank of Rwanda (BNR)’s statutory quarterly Monetary Policy Committee (MPC) met yesterday, 12th May, to read the runes on economic prospects, as the country, and the world…

Rwanda to Increase Source of Tax and Revenues

Rwanda to Increase Source of Tax and Revenues

The ministry of finance has proposed a Budget Framework Paper (BFP) that will see the country increase its revenues and tax collection so as to recover from COVID-19 crisis…

The Facility « Investing for Employment » Launches Its First Call for Proposals in Rwanda.

The Facility « Investing for Employment » Launches Its First Call for Proposals in Rwanda.

Green Economy projects are particularly welcome. Companies and other organisations can apply for co-financing grants worth up to 10 million euros per project.  The Facility « Investing for Employment » is…