The minister of finance will this afternoon appear before the parliament to verbally explain delays payments and in disbursement of funds which has affected the performance of districts budget plans.…
Business & Tech
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Economy
Progress Registered On Rwanda Containers in Kenya, Tanzania- PSF CEO
by Daniel Sabiiti 11:04 pmRwanda Private Sector Federation (PSF) has revealed that the process of solving the issues of clearing hundreds of Kigali-bound containers held at Mombasa and Dar-es-salaam is currently in high gear.…
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The Rwandan government has announced it will reopen airports for commercial flights on August 1, following the closure of all borders in March due to the New Coronavirus outbreak. The…
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Rwanda will have to wait until next week to get a final decision about its 2000 Kigali-bound containers held in Tanzania. Last week, KTPress reported that over 2000 containers owned…
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Rwanda and the United States Government, represented by the U.S. Agency for International Development (USAID) have signed a five-year financing agreement to commit to Rwanda’s development efforts. The signing was…
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A United States funded project Hinga Weze has entered into a deal with Equity Bank to start offering loans worth Rwf2, 5billion to farmers, cooperatives, aggregators and agro dealers. The…
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Economy
France, Rwanda Sign €45.8M Financing Agreement to Support National COVID-19 Response
by KT Press Staff Writer 6:52 pmRwanda and France have signed a credit facility agreement and a grant, to the tune of €45.8 million (approximately 45.8 billion) aimed at supporting the Government’s response to the COVID-19…
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Companies
Bank of Kigali Launches “Financial Literacy Clinic” to Financially Educate the Youth and other Rwandans
by Daniel Sabiiti 5:18 pmBank of Kigali (BK) has launched a new financial literacy program aimed at educating Rwandan youths on how to make money. The televised educative and entertaining program dubbed “BK Times”…
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Rwanda Development Board (RDB), the government body charged with promoting tourism and investment, says the country’s tourism and hospitality industry is picking up following reopening more than a week ago. …
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Economy
2000 Containers of Rwandan Traders Held at Mombasa, Dar-es-Salam Ports over Fines
by Daniel Sabiiti 7:03 pmRwanda private sector federation has decried reasons behind Kenya and Tanzania’s intention to slap a heavy fine on Rwanda-bound containers which are currently lying at the Mombasa and Dar-es-Salaam port…
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The minister of infrastructure on Tuesday appeared before parliament to explain verbally why several road and water projects in Kigali and across the country are either substadard or incomplete despite…
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Economy
Rwanda Focuses 2020/21 National Budget On Addressing COVID-19 Impact
by Edmund Kagire 9:10 pmRwanda will direct a bigger portion of the resources in the 2020/21 National Budget towards activities that will resuscitate the economy from the New Coronavirus pandemic impact. While presenting the…