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New Deal Cuts Interest Rates For Rwandan SMEs

New Deal Cuts Interest Rates For Rwandan SMEs

Rwanda has launched a fund allowing Small Medium Enterprises (SME) to borrow at lower interest rates to make a permanent presence on the regional market. The new development is a…

COPEDU Dragged to Court Over Software Piracy

COPEDU Dragged to Court Over Software Piracy

Money belonging to about 60,000 members of COPEDU microfinance bank could be at risk of being misused amid serious allegations that it is using a pirated operating system – a…

Court Settles Rwanda vs South Africa Pizza, Chicken Dispute

Court Settles Rwanda vs South Africa Pizza, Chicken Dispute

Rwandans will continue biting more pizza and munching away chicken thighs without any interruption. The fear of closing Rwanda’s fast food restaurants; Pizza Inn Ltd and Chicken Inn…

Black Friday Shopping Comes to Kigali

Black Friday Shopping Comes to Kigali

Shopping online is getting more interesting as attractive discounts are underway this festive season. Black Friday, an annual shopping extravaganza held every November in different countries is for the first…

Rwanda’s Debt Problem: $2.8billion and Still Counting

Rwanda’s Debt Problem: $2.8billion and Still Counting

In June 2005, a $1.4billion debt owed by Rwanda to creditors was cancelled under the Heavily Indebted Poor Countries (HIPC) initiative. But as KT Press reports, 10 years later…

Rwanda Acquires New Boeing 737-800NG Plane

Rwanda Acquires New Boeing 737-800NG Plane

Rwandans are anxiously waiting for the arrival of a massive plane expected to touch ground at Kigali International Airport today. The national carrier announced earlier today that the new plane…

Bank of Kigali Net Profit Rises by 2.9%

Bank of Kigali Net Profit Rises by 2.9%

Bank of Kigali, Rwanda’s largest bank by assets has posted a slight increase of its net profit by 2.9% in the past nine months. The Bank announced…

Expo to Showcase Power of Local Products

Expo to Showcase Power of Local Products

Rwandans are pooling hundreds of locally made products aimed at exhibiting the country’s growing potential to compete with foreign products in the market. From December 14 -20, the…

Government Approves Nearly 50 Mining, Exploration Licenses

Government Approves Nearly 50 Mining, Exploration Licenses

  Rwanda on Friday licensed up to 50 mining companies – as independent international studies show the country has more mineral wealth than previously known. A cabinet meeting chaired by President…

Rwanda Finds Investor to Double Tea Production

Rwanda Finds Investor to Double Tea Production

A Scottish investor has acquired a major stake in two Rwandan tea factories pledging to double the country’s tea production in the next two years. Sir Ian Wood…

Rwanda’s $38M Cable Car Project Hooks Italian Investor

Rwanda’s $38M Cable Car Project Hooks Italian Investor

Rwanda has found an investor ready to implement the ambitious cable car project which was budgeted for an enormous $ 38 million three years ago. KT Press has reliably learnt that…

Rwanda’s Pump Prices Increase by Rwf 122/litre

Rwanda’s Pump Prices Increase by Rwf 122/litre

Rwanda has increased fuel pump prices bowing down to the continued pressure mounted by increase on global market. Petrol prices have been the most affected- increasing by Rwf 122 while…