PLG Plc – a Malta-based International (PLG Plc.) a vertically integrated, metallic materials science company which signed deal to build the tantalum refinery plant in Rwanda has extended its deadline…
Economy
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On Tuesday this week, news broke out that Rwanda’s civil servants who have long dreamed to own affordable houses could now shift to ‘affordable’ newly constructed plush apartments in one…
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Rwanda Revenue Authority (RRA) has announced an increase of taxes by 22% since Rwanda’s transformation from a failed state after the 1994 Genocide against Tutsi to a competitive and sustainable…
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Rwanda’s Central Bank says it has decided to maintain its lending rate at 5.5%, following stable economic performance. This means that Financial Institutions in the country will continue to enjoy…
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Members of the Rwandan Private Sector and interested foreigners could start preparing bids to take up five lucrative factories in rural Rwanda. The Ministry of Trade and Industry says government…
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President Paul Kagame has told a World Bank Financing Forum in Rwanda that Africa is on the right track to attain its investment targets, despite remaining with some distance to…
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Rwanda Development Bank (BRD) has secured a $5 million line of credit from “Banque de Development des Etats des Grand Lac (BDEGL) that would support the bank’s priority sectors. According to BRD…
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Economy
Symbion Power Subcontracts Engines Supplier for Rwanda’s Methane Gas
by Daniel Sabiiti 3:28 pmIn the contract, Clarke Energy will supply approximately 25 GE Jenbacher gas engines to Kivu 56 and KP1 power plants, a deal which, according to Symbion, is expected to create…
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Rwanda Revenue Authority (RRA) has unveiled the plan to celebrate 20 years of transformation from a failed state after the 1994 Genocide against Tutsi to a competitive and sustainable tax…
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In a period of ‘not’ more than a year from now, Rwanda’s carrier RwandAir will have started direct flights to Italy. The government through the Ministry of Infrastructure signed Bilateral…
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Economy
Kigali Is Africa Business Center – Geneva Chamber of Commerce Boss
by Daniel Sabiiti 1:19 pmTrade officials in the Switzerland have said that Kigali is becoming their competitor in hosting high end international conferences and thus, have to fight hard to retain their supremacy. Their…
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Rwanda’s Central Bank (BNR) has announced plans to reopen issuance of its Rwf15billion ($17.4M) treasury bonds as part of a bigger plan to build the capital markets. The Treasury bond…