London: Access to Finance Rwanda today, January 20, welcomes a £6m commitment from UK Aid, part of a £320m package that will initiate an ambitious new phase of financial…
Economy
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Rwanda government has finally sold off its shares amounting to 98.3% in the Burera dairy ending a five year of the factory management shortfalls. According to a communiqué from Rwanda…
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Rwanda Utilities Regulatory Authority (RURA) will this afternoon announce new electricity tariffs – with expectations getting high over a possible downward move. The current electricity tariffs used were announced in…
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Economy
Local Investors Take 19% Share of $2.46Bn Investments Made in 2019
by Dan Ngabonziza 4:08 pmRwanda has released figures for investments registered in the country last year, which shows local investors still have a long way to increase the pace in an economy that is…
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Kigali city was last year ranked Africa’s 2nd most popular conference destination by International Congress and Convention Association (ICCA) based on the number of association meetings taking place regularly (annually,…
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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 quite short-term.…
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Economy
Rwanda Raises Penalties Against Money Laundering, Financing Terrorism
by Daniel Sabiiti 7:00 pmRwanda 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.…
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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 …
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Economy
Umushyikirano2019: From First Drone Airport, African Made Phone to Drone Building
by Daniel Sabiiti 4:22 pmFrom 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…
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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…
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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…