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

Earthbag Technology, a New Term in Affordable Housing

Earthbag Technology, a New Term in Affordable Housing

There is a global affordable housing crisis, according to the World Economic Forum. For less wealthy nations, a mix of creative solutions is essential, if they are to get anywhere…

Rwanda, Tunisia Sign Air Service Agreement

Rwanda, Tunisia Sign Air Service Agreement

Rwanda has signed with Tunisia an air service agreement to bring the number to 101 deals of the kind between Rwanda and countries that committed to make the free movement…

ICYMI: #QatarAirways Dating RwandAir, Uwizeyimana Resignation and China’s $214M Cheque

ICYMI: #QatarAirways Dating RwandAir, Uwizeyimana Resignation and China’s $214M Cheque

We may conventionally call the ending week, a week full of lessons that were given to some people here and there. State Minister Evode Uwizeyimana made a mistake that he…

Central Bank Maintains Lending Rate at 5%

Central Bank Maintains Lending Rate at 5%

The same repo rate has been around for the last three years and the central bank argues that keeping the rate at this level will drive economic growth especially in…

China, Rwanda Sign $214M Financing Agreement for Nyabarongo Power Project

China, Rwanda Sign $214M Financing Agreement for Nyabarongo Power Project

The People’s Republic of China on Friday, February 8, signed a financing agreement worth US$ 214 million to fund construction of Nyabarongo II Hydro Power Project. The framework…

Food and Drugs Investors, Regulator End Grievances on Registration Fees

Food and Drugs Investors, Regulator End Grievances on Registration Fees

Rwanda Food and Drug Authority (RFDA) has agreed to reconsider reviewing a circular directing all processed food and beverage products to be registered by the end of march 2020. In…

Central Bank to Announce First 2020 Economic Review

Central Bank to Announce First 2020 Economic Review

Rwanda’s Central Bank (BNR) will tomorrow release its first monetary policy and Financial Stability Statement for the first quarter of 2020 – following a projected stable economy at the closure…

Rwanda, China to Sign Financing Deal for Nyabarongo Power Project

Rwanda, China to Sign Financing Deal for Nyabarongo Power Project

Rwanda and the people’s Republic of China will tomorrow, February 7, sign a financing agreement to construct the Nyabarongo II Hydro-power project. Nyabarongo II project is an addition…

Rwf95Bn Invested, 40,000 Jobs Created, BDF Struggles with 12% NPL

Rwf95Bn Invested, 40,000 Jobs Created, BDF Struggles with 12% NPL

In 2011, the appetite for Rwanda’s quest to create jobs for its citizens increased. Government looked for new approaches that would drive the current target to create 1…

Rwanda, Germany Sign €10 M Financing Agreement for Kigali Green City Project

Rwanda, Germany Sign €10 M Financing Agreement for Kigali Green City Project

The government of Germany has injected €10million grant (Rwf10billion) to kick start the construction of affordable housing units in a sustainable green city project in the city of Kigali. The…

Made in Rwanda Mosquito nets Ready, Import Bill Slashed by 50%

Made in Rwanda Mosquito nets Ready, Import Bill Slashed by 50%

Rwanda will this month start distributing its own home made mosquito nets as part of the strategy to cut on imports and eliminate malaria cases to zero by the year…

Bank of Kigali Honours Connect Rwanda Pledge with Rwf 200M

Bank of Kigali Honours Connect Rwanda Pledge with Rwf 200M

Bank of Kigali of parent company BK Group PLC on Friday honoured the 2,000 smartphone pledge to the Connect Rwanda initiative with a Rw200 million cheque which will go…