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Business & Tech

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Car Imports to Rwanda Drop by 20% As High Taxes Bite

Car Imports to Rwanda Drop by 20% As High Taxes Bite

Potential car buyers in Rwanda are increasingly hesitant to dip into their pockets to acquire cars imported into the country due to high taxes. This behaviour among potential clients may…

New Law Cuts $400 From Cost of Setting up a Business

New Law Cuts $400 From Cost of Setting up a Business

Rwandans will be able to register more businesses without incurring extra costs of paying an expert to write a company statute as one of the requirements for legitimizing a business…

Rwanda Backs India-African Development Bank New Venture to Fund Agriculture

Rwanda Backs India-African Development Bank New Venture to Fund Agriculture

Rwanda is backing African Development Bank’s new strategy to work with India aimed at boosting Agriculture transformation on the continent. Speaking this morning at the ongoing 52nd Annual Meetings…

Import of Second Hand Clothes May Not Stop Soon

Import of Second Hand Clothes May Not Stop Soon

For many years Rwandans have been dependent on second hand clothes imported from Europe and the United States. They are affordable and their high demand kept traders in business. However…

Rwanda Revises Saccos System to Allow Cooperative Bank Kick Off

Rwanda Revises Saccos System to Allow Cooperative Bank Kick Off

Rwanda has secured a shareholder that will top up 40% needed to establish a cooperative bank that will be fully operational by 2018. In July 2014, President Paul Kagame, during…

Portuguese Company to Build Three 200kV Substations in Rwanda

Portuguese Company to Build Three 200kV Substations in Rwanda

Efacec, a Portuguese firm has won a lucrative deal to construct three power substations in Rwanda very essential in distribution of electricity to remote parts of the country. STEG International…

VugaPay Developers  Win Continental Startup Competition

VugaPay Developers Win Continental Startup Competition

Two young Rwandan entrepreneurs in money transfer already making headlines in local media have again attracted attention of international companies. Patrick Muhire and Cedric Muhoza co-founders of VugaPay money…

For Rwandans, Here is How to Deal with Recent Global Cyber Attack

For Rwandans, Here is How to Deal with Recent Global Cyber Attack

Rwanda is warning computer users to take precautions not to lose their gadgets and data following an outbreak of a security attack that has affected over 150 countries and may…

Investment Fund to Raise $20m to Boost Women Businesses

Investment Fund to Raise $20m to Boost Women Businesses

Limited access to finance has for long been a major hindrance to success for women entrepreneurs. However, an all-women investment fund, ‘Rugori Digital Fund’ has another plan. ‘New…

Jeannette Kagame Awards Kenyan Student with Top Tech Prize

Jeannette Kagame Awards Kenyan Student with Top Tech Prize

A Kenyan student emerged top from a major technology challenge scooping the top prize at the Transform Africa Summit in Rwanda. Ruth Waiganjo, from the University of Nairobi beat 6…

Israel Takes Rwandan Tech Startups for Training

Israel Takes Rwandan Tech Startups for Training

The Israeli government on Thursday announced it was offering technology innovation training and business management to five tech startups that emerged at the Transform Africa Summit ongoing in Kigali. On…

Why Africa’s ‘One Area Network’ Project Failed

Why Africa’s ‘One Area Network’ Project Failed

Connecting Africa to a ‘One area network’ has been a failure because of lack of urgency –  African leaders and policymakers agreed today during the Transform Africa Summit in Kigali…