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Economy

10 Projects to Watch in 2020

10 Projects to Watch in 2020

For the past three or four years, Rwanda has been announcing mega projects year-in year-out. Many have been witnessed as groundbreaking, with a lengthy completion period. Others are…

Rwanda Raises Penalties Against Money Laundering, Financing Terrorism

Rwanda Raises Penalties Against Money Laundering, Financing Terrorism

Rwanda has increased penalties for anyone nabbed in an act of money laundering, financing acts of terrorism, from between seven to ten years, to more than two decades in jail…

Christmas Feasts: 1000 Cows and Still Counting

Christmas Feasts: 1000 Cows and Still Counting

Whether there are still vegetarians in the city is now debatable. Butcheries from across the country have experienced an exceptional high demand this Christmas, and, forget the usual complaint of…

Umushyikirano2019: From First Drone Airport, African Made Phone to Drone Building 

Umushyikirano2019: From First Drone Airport, African Made Phone to Drone Building 

From the first drone airport in Africa, first African phone made in Rwanda to the first electric Volkswagen car in Africa, 2020 will be a year for Rwandan youth businesses…

Umushyikirano 2019: Setting the Momentum for Agenda 2050

Umushyikirano 2019: Setting the Momentum for Agenda 2050

As the 17th National Umushyikirano Council opens this morning, focus is going to be towards reviewing the achievements registered under Vision 2020 but more importantly the national dialogue will be…

Qatar to ratify Tourism, Business, Sport Agreements with Rwanda

Qatar to ratify Tourism, Business, Sport Agreements with Rwanda

The State of Qatar has moved to ratify agreements signed with Rwanda in a move that will cement the flourishing ties between the two countries. On Sunday, the Amir of…

The Week in Review: 10 Big Stories that Dominated This Past Week

The Week in Review: 10 Big Stories that Dominated This Past Week

From Rwanda hosting the Anti-Corruption Excellence Awards to President Paul Kagame attending the Doha Forum and a ground-breaking agreement between Rwanda and Qatar to build a New International…

Rwanda Says GDP Grew by 11.9% in Q3

Rwanda Says GDP Grew by 11.9% in Q3

The National Institute of Statistics of Rwanda (NISR) says the country’s Gross Domestic Product (GDP) grew by 11.9 percent in the third quarter of 2019, with the Industry…

Rwandans Encouraged to Establish Leather Factories for Volkswagen Cars

Rwandans Encouraged to Establish Leather Factories for Volkswagen Cars

Rwanda is set to manufacture leather products that will be used in the assembling process of Volkswagen cars, following a funding project launched on Tuesday. The project unveiled by the…

Rwandans Could Soon Acquire Big Loans Without Collateral

Rwandans Could Soon Acquire Big Loans Without Collateral

Rwandans and Africans could start accessing big loans without being required to present collateral to financial institutions – thanks to an ongoing project under review by the Chartered Certified Accountants (ACCA…

Rwanda’s Central Bank Governor Calls for Regional Financial Stability

Rwanda’s Central Bank Governor Calls for Regional Financial Stability

The Central Bank Governor John Rwangombwa and the current chairman of the Association of African Central Banks, has called for an Integrated Regional Financial system in order to unleash the…