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
Browsing Category:

Economy

Rwanda’s Tourism Seeks Innovative Minds to Recover from Covid-19 Shock

Rwanda’s Tourism Seeks Innovative Minds to Recover from Covid-19 Shock

Rwandans with tech or innovative business solutions will this June have an opportunity to pitch their business ideas that could help the country’s tourism and hospitality sector recover from…

93% Rwandans Are Financially Included – FinScope Survey 2020

93% Rwandans Are Financially Included – FinScope Survey 2020

The Ministry of Finance and Economic Planning has launched the 2020 FinScope Survey Report, a yardstick that measures how Rwandans are financially included and progress made towards narrowing gaps. The…

Rwanda, DRC Meet in Rubavu to Discuss Trade, Safety

Rwanda, DRC Meet in Rubavu to Discuss Trade, Safety

Delegations from Rwanda and Democratic Republic of Congo (DRC) have met to enhance trans-border cooperation in order to strengthen #Covid-19 surveillance and trade between the two countries. Officials…

Taxi Moto Riders Warm up for their New Normal

Taxi Moto Riders Warm up for their New Normal

After more than two months without transporting passengers, taxi moto operators in Kigali city have started warming up for the D-Day June 1, when they return to work. Taxi…

Traders Reluctant To Embrace Cashless Payment

Traders Reluctant To Embrace Cashless Payment

The government may have to devise other initiatives to bring on-board all local traders to use mobile transactions which is hampered by mindset and excuses of inaccessibility under Coronavirus…

RwandAir To Focus On Expansion after Rwf145bn Government Boost

RwandAir To Focus On Expansion after Rwf145bn Government Boost

The national carrier RwandAir will get a timely boost from the government following increased funding for the financial year 2020/21 after the airline’s operations were hampered by the…

Rwanda Budget: Gov’t to Increase Spending by 7.5%

Rwanda Budget: Gov’t to Increase Spending by 7.5%

 With the New Coronavirus outbreak expected to slow down Rwanda’s economic growth and targets, the government is set to increase national spending by 7.5 percent, with the country…

BK Profit Rose by 36% in 2019, to Pay Dividends Upon BNR Approval

BK Profit Rose by 36% in 2019, to Pay Dividends Upon BNR Approval

  Bank of Kigali (BK) Group Plc will go ahead and pay dividends to shareholders upon approval by the Central Bank, after it posted a profit of Rwf37.3bn for the…

MPs Discover Rwf1.5Bn Ghost Road

MPs Discover Rwf1.5Bn Ghost Road

Parliament has recommended the summoning of government officials over failure to implement major development projects, in which some of funding is nowhere to be seen. The decision comes after a…

Government Losing More Public Funds in Wasteful Expenditures – OAG Report

Government Losing More Public Funds in Wasteful Expenditures – OAG Report

The Office of the Auditor General has released a 2019 report that indicates more wasteful expenditure of public funds especially in Government Business Enterprises (GBEs). This Friday, May 15, 2020…

Gorillas Coffee Sells On Alibaba Market At the Push of a Button

Gorillas Coffee Sells On Alibaba Market At the Push of a Button

Rwanda coffee farmers have managed to sell the second batch of specialty coffee on the Alibaba electronic commerce platform. The 3000 bags of roasted coffee (500grams each) packed by Gorillas…

Rwanda Sets a Covid-19 Economic Recovery Plan

Rwanda Sets a Covid-19 Economic Recovery Plan

The government of Rwanda is poised to inject Rwf 100 billion to start a coronavirus (Covid-19) exit process and counteract the impact of the pandemic on the economy, the…