KIGALI — With global diesel markets remaining unusually tight and refining margins elevated, the Rwandan government is facing growing pressure to expand its existing fuel subsidy if it wants to …
Latest in Economy
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People who report tax evasion in Rwanda will receive a reward equal to 5% of the principal tax recovered by the Rwanda Revenue Authority, with the payment capped at Rwf10 …
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Burundi is importing growing amounts of goods from Rwanda despite closing their common land border in January 2024, offering a striking example of how commercial needs can continue even as …
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KIGALI — Bank of Kigali has become the first bank in Rwanda, and the first bank headquartered in East and Central Africa, to join China’s main cross-border payments system as …
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Economy
Rwanda Tightens Rules on How Development Partners Finance Its Priorities
by Fred Mwasaby Fred MwasaKIGALI — Rwanda is changing the way it works with development partners, moving away from a system built largely around individual aid projects toward a more centrally coordinated model in …
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KIGALI — Rwanda’s latest economic data points to a notable shift in what is driving activity in the economy: households are spending more, while government consumption is declining. Household final …
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Holidays and visits to friends and relatives remained the biggest sources of foreign travel earnings for Rwanda in the second quarter of 2026, together generating more than $100 million. According …
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KIGALI — Rwanda’s central bank has launched a national campaign to persuade consumers and businesses to replace cash with digital payments, despite widespread access to digital financial accounts. The National …
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KIGALI — BPR Bank Rwanda has launched a six-year scholarship programme that will support 50 students from underprivileged backgrounds through secondary school. The BPR Scholars Programme, launched on Friday, September …
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KIGALI — President Paul Kagame has told Rwanda’s investment agency to sharpen its focus on results as the government seeks to attract more private capital, expand exports and tourism, and …
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KIGALI — Rwanda’s national social security fund has taken full control of three major companies in food processing, construction materials and insurance in a five-day buying spree that signals a …
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Bank of Kigali Plc (BK) has launched its “Employee Banking Solution”, an ‘all-in-one’ facility designed to make banking more accessible and convenient for employees while strengthening partnerships with employers. The …