Hima Cement Limited – a Uganda-based cement manufacturer with 20 years presence in Rwanda says it considers expanding its presence in the country – citing ongoing negotiations to even establish…
Business & Tech
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Companies
DP World Boss Says Rwanda Subsidiary a Sign of End to Trade Barriers
by Dan Ngabonziza 5:02 pmSultan Ahmed Bin Sulayem – Chairman and Chief Executive Officer of Dubai Portland World says the logistics firm’s decision to open a subsidiary in Rwanda was purposely to make landlocked…
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The senate has tasked the Rwanda Revenue authority (RRA) to address the burden of tax payers paying Rwf500 charge to bank while declaring taxes, which is partly the cause of…
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In a move to increase water production capacity, Rwanda and African Development Bank (AfDB) on Wednesday, January 16, 2019, signed €115million (Rwf117.3 billion) to boost the country’s sustainable water and…
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A Nigerian company has put together all it takes to launch in two weeks, a new innovation that will allow cooking gas consumers buy as little as they want via…
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Business & Tech
Do You Reserve the Right To Claim Deceased’s Mobile Money Account?
by Daniel Sabiiti 1:26 pmLast week KT Press reported how it’s difficult for a relative to claim money left on mobile money account in case one dies unexpectedly. Several Rwandans die and leave behind…
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Economy
Milk Farmers Suffer Massive Loss as Inyange Industries Seeks Wider Market
by Dan Ngabonziza 2:52 pmInyange industries – Rwanda’s diary processing firm has said it will stop receiving milk supply every two days of the week, from three most producing districts in the country. The…
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Rwandans and regional pilgrimages who dream to visit Jerusalem, the capital city of Israel with rich history of Jesus and His ancestors may soon enjoy RwandAir direct flights. Rwanda…
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Economy
RDB, Alibaba Discuss Increasing Rwandan Exports to China
by Jean de la Croix Tabaro 10:23 pmThe Rwanda Development Board (RDB) and a 16-member delegation from Alibaba Group have held discussions that may soon put a smile on the face of farmers as well as agricultural…
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Clients of Mobile Money (MoMo) and Airtel Money, the country’s money transaction services through mobile phones may have to find alternative ways of ensuring their money is passed on to…
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Companies
RwandAir to Start Direct Flights to Addis Ababa in April
by Jean de la Croix Tabaro 5:46 pmRwandAir has announced a new destination to Addis Ababa – Ethiopia starting April 2019 as a strategic route to connect the “Heart of Africa” to East, West and even Southern Africa.…
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Effective next year, all commercial banks will have to have a minimum required paid up capital of Rwf20 billion (from Rwf5 billion). In a new monetary policy regulation announced by…