Three days or so ago, the Rwanda Central Bank’s Monetary Policy and Financial Stability Committees (MPC) held their second statement, to share with the country, a snapshot of economic performance…
Economy
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Economy
Producers Claim Tons of Skins And Hides Rotting for Lack of Market
by Jean de la Croix Tabaro 3:07 pmDealers in hides and skins in Rwanda have said that more than one hundred tons in stores across the country are rotting following markets and tariff barriers. In a-two day…
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This evening, President Paul Kagame appointed Juliana Kangeli Muganza, Deputy CEO of Rwanda Development Board(RDB). Kangeli who, until the new appointment was serving as Deputy Director General of the cabinet…
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Business & TechEconomyNews
Rwanda Registers Increase in Exports Despite Trade Deficit
by Daniel Sabiiti 11:08 pmRwanda has witnessed a growth in formal trade and external trade in goods according to a National Institute of Statistics of Rwanda monthly data report. The “Formal external trade in…
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It was much heralded, and now that is has arrived, it is fair to say that it more than lives up to the advertising. The Kigali Convention Centre (KCC) will…
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Economy
Central Bank Issues New Bank Notes of Rwf 5000 and Rwf 2000
by Jean de la Croix Tabaro 3:36 pmThe National Bank of Rwanda, BNR has issued new notes of Rwf 5000 and Rwf 2000, now in circulation simultaneously with the existing notes. The dominant features of the notes,…
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The Rwanda Utilities Regulatory Authority(RURA) has reviewed fuel pump price with gas oil going to Rwf 1629 per liter, down from Rwf 1663 of the last two months. This marks a…
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Rwandan miners will soon be able to get a minimum wage that is expected to improve their welfare while also reducing illegal mining activities which threaten the sector that is…
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Economy
S&P Global Maintains Rwanda’s Creditworthiness At B+ with a Stable Economic Outlook
by KT Press Staff Writer 7:16 pmS&P Global, a leading global rating agency, has maintained Rwanda’s creditworthiness at B+ with a stable economic outlook following a recent assessment. The rating agency’s decision is underpinned…
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Economy
Rwanda And Italy Sign 50 M Euros Agreement to Support Climate Resilience Projects
by KT Press Reporter 1:49 pmThe Governments of Rwanda and Italy, represented respectively by the Ministry of Finance and Economic Planning and the Ministry of Environment and Energy Security, have officially signed a 50-million-euro financing…
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Rwanda and the Republic of Korea today signed a $1 billion framework arrangement aimed at providing concessional funding for a range of projects. The financing by Korean Government is channeled…
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The Institute of Quantity Surveyors in Rwanda (RIQS) has mulled government to speed up the establishment of a legal framework that will enable the organisation to grown and equally contribute…