Tea and Coffee farmers in Rwanda could soon start acquiring loans and present their harvest as collaterals. The East Africa Commodities Exchange (EAX) has announced plans to add coffee and…
Business & Tech
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Companies
Cement Crisis Continues Weeks after Cimerwa Announced End to the Problem
by Oswald Niyonzima & Daniel Sabiiti 1:53 pmCement users in Rwanda could have more days to bear hard times, as prices at Cimerwa – Rwanda’s monopoly producer, remain high weeks after they announced they had resumed production.…
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Rwanda’s largest bank by assets, Bank of Kigali Group PLC (BK) has announced plans to cross-list its shares on the Nairobi Securities Exchange following a shareholders’ approval at the company’s…
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President Paul Kagame will next week attend the global tech forum, in France’s capital Paris. The forum gives special consideration to startups. The World Rendezvous for startups is organized by…
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Rwanda’s Carrier, RwandAir will start using its Boeing for the Kigali-Harare-Cape Town route during the high season, KT Press has learnt. On Wednesday morning, the first plane to Cape Town in…
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Rwanda leading commercial bank in terms of assets– Bank of Kigali (BK) Group has launched a new client based product that will enable its clients to get a quick loan…
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Within one month Air Djibouti will officially launch its operations in Rwanda starting with handling of cargo flights between Rwanda’s capital Kigali and Djibouti. The move will make Kigali the…
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Companies
In Rwanda, Bitcoin Founder Backs “African Cryptocurrency”But Not Without Controversy
by KT Press Staff Writer 1:28 pmThe mysterious computer scientist behind crypto-currency and Bitcoins is attending a continental tech summit in Rwanda. The buzz around him on social media as he spoke on several platforms has…
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With 40,000 customers and 14,000 subscribers on its mobile Application, Ecobank – the pan-African bank, will have hit a target of 100,000 customers before the end of the year, the…
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Rwanda Central Bank Rwanda will this month issue a 10-year treasury bond worth Rwf 10 billion to finance infrastructure and Capital Market, according to a tender notice by the Central…
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The German Automaker Volkswagen (VW) has extended the launch of its first assembled vehicle in Rwanda to June this year – one month past set deadline. In January this year,…