Economy

Maya East Africa, one of the region’s leading manufacturers and distributors of raw food ingredients, has officially launched its Rwandan franchise, citing the country’s business-friendly environment, security, and rising consumer …

Government has officially scrapped Value Added Tax (VAT) on commissions charged on remittances sent into the country. This major policy shift was published in the Official Gazette n° Special of …

“Thank you Rwanda,” is how Ugandan travel influencer Derrick Ssenyonyi described his September 2023 visit. He went on: “It’s been a great pleasure visiting shortly your country and I will …

Rwanda is winning the fight against poverty, new numbers clearly highlight that — but the wealth gap between rich and poor remains stubbornly wide, and in some places, it’s even …

In a country long focused on eradicating poverty and uplifting its most vulnerable, Rwanda’s latest poverty report presents a hopeful yet nuanced picture: the poorest Rwandans—those at the very bottom …

The National Bank of Rwanda (BNR) has concluded its annual schools quiz competition called NBR Schools Quiz Challenge, a vibrant initiative aimed at promoting financial literacy and economic awareness among …

Kigali has become the focal point of discussions on artificial intelligence as the inaugural Global AI Summit on Africa kicks off, bringing together over 1,6000 leaders, innovators, and policymakers to …

For generations, Rwandan farmers have relied on the traditional practice of plowing the land before planting crops. But what if the secret to better harvests wasn’t in turning the soil, …

A newly launched mobile-based savings application is set to transform Rwanda’s saving culture by offering seamless, technology-driven solutions that encourages individuals or groups to consistently and voluntarily save based on …

The mining sector in Rwanda has not only recovered from the disruptions caused by the COVID-19 pandemic but has surged to new heights, surpassing pre-pandemic employment levels. This progression reveals …

With a 21.8% year-on-year increase in net income and continued expansion across SME, retail, agribusiness, and corporate lending, Bank of Kigali remains at the forefront of fueling national development. Kigali, …

Rwanda’s tourism sector is experiencing significant growth, with new data confirming a consistent increase in the surplus generated by travel services over the past three years. This positive trend highlights …