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
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Economy

Central Bank Relaxes Cash Withdraw Measures on Saccos

Central Bank Relaxes Cash Withdraw Measures on Saccos

The National Bank of Rwanda (BNR) has relaxed a limitation on the amount of money that can be withdrawn by clients in Savings and Credit Cooperatives (Sacco) across the country…

Rwanda – World Bank Sign $ 100M Financing Agreement to Support COVID-19 Response in Energy

Rwanda – World Bank Sign $ 100M Financing Agreement to Support COVID-19 Response in Energy

The Government of Rwanda and the World Bank today signed a US$100 million (approximately Rwf 93.1 billion) supplemental financing agreement for the Third Rwanda Energy Sector Development Policy…

Cost of Fuel Falls But Transport Rates Rise

Cost of Fuel Falls But Transport Rates Rise

Rwanda Utilities Regulatory Authority (RURA) has announced a decrease in fuel prices and an increase in public transport rates as the country relaxes COVID-19 lockdown on Monday May 4…

Africa Business Networks Push for AfCFTA Enactment

Africa Business Networks Push for AfCFTA Enactment

African Business leaders have appealed to governments to take the African Continental Free Trade Agreement (AfCFTA) deal negotiations on July 1 seriously to enable the continent is to economically recover…

BNR Slashes Repo Rate to 4.5% to Boost Lending, Mitigate COVID-19 Impact

BNR Slashes Repo Rate to 4.5% to Boost Lending, Mitigate COVID-19 Impact

 BNR announced Thursday that the quarterly Monetary Policy Committee (MPC) meeting which was held on April29 to assess recent economic developments at global and national level decided to reduce the…

IATF2020 Postponed To September 2021

IATF2020 Postponed To September 2021

The  Intra-African Trade Fair (IATF2020)  that was scheduled to take place in Kigali in September this year has been postponed to September 2021 due to COVID-19 pandemic.  IAFT…

Petroleum Importers In Storage Challenges

Petroleum Importers In Storage Challenges

The Ministry of Trade and Industry has said that it will support Petroleum importers in Rwanda who are currently facing storage and distribution challenges as a result of low consumption…

Sebeya River Conservation Project Brings Hope Among Beneficiaries

Sebeya River Conservation Project Brings Hope Among Beneficiaries

Some of the projects that intend to fight against erosion in Sebeya catchment include terracing Conservation works on the Sebeya landscape restoration and Integrated Water resources management project have resumed…

COVID-19: Gov’t Moves to Ease Pressure On Businesses

COVID-19: Gov’t Moves to Ease Pressure On Businesses

The Rwanda Government has come up with several mitigation measures to help businesses overcome the impact of the New Coronavirus, including a business support fund that will be availed later…

Rwanda Confirms 3 New Covid-19 Cases, Total Now 153

Rwanda Confirms 3 New Covid-19 Cases, Total Now 153

There were no new Covid-19 recoveries, no fatality(there has never been any) confirmed on April 22, but there were three new cases confirmed out of 1,038 tests…

EABC Roots for Rescue of Regional Airlines 

EABC Roots for Rescue of Regional Airlines 

The East Africa Business Council (EABC) has requested member states to start rethinking sustainable ways of supporting the regional aviation business that will inevitably suffer the COVID-19 crisis.  In…

Coffee Dealers Advised to Go Cashless to Prevent COVID-19 Spread

Coffee Dealers Advised to Go Cashless to Prevent COVID-19 Spread

Amid harvest season that goes from February to July, the National Agricultural Export Development Board (NAEB) has directed all coffee washing stations to pay coffee farmers using available cashless transactions…