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Economy

World Bank Group Stops Producing Doing Business Report Amid Concerns of Data Irregularities

World Bank Group Stops Producing Doing Business Report Amid Concerns of Data Irregularities

The World Bank Group says it will stop producing the Doing Business report after an investigation unearthed data irregularities in Doing Business reports of 2018 and 2020. The announcement by…

Rwandair Adds Lubumbashi, Goma to Its Routes

Rwandair Adds Lubumbashi, Goma to Its Routes

Rwanda’s national carrier – Rwandair has announced plans to add Lubumbashi and Goma, two towns of Democratic Republic of Congo(DRC) to its routes soon. The airline said…

New Business Development Program for Rwandan Women-Led Businesses

New Business Development Program for Rwandan Women-Led Businesses

D’amour Mukarungambwa who runs Urugano Virunga Palace was hopeful to do business at the boom of the hospitality sector in 2019 when she opened her business in Musanze…

Kigali International Airport Ranked Among Best And Cleanest

Kigali International Airport Ranked Among Best And Cleanest

The Skytrax World Airport, the coveted quality accolades for airports across the world, and a global benchmark of excellence has ranked Kigali International Airport among the best and cleanest airports…

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…