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Experts Explain Disappearance of Rusizi Hot Springs 
August,30 2020 Daniel Sabiiti Comments(0)

A team geologist and environment experts led by Rwanda Mines, Petroleum and Gas Board (RMB) has concluded its finding on the cause of the sudden disappeared of tourist hot springs in Rusizi district. The team was last week, dispatched to Nyakabuye sector, Rusizi district after media reports of dried up hot springs in the area…
Categories: National
Tags: Environment
COVID-19: UNICEF Rwanda Recommends Early Schools Reopening Plan
August,29 2020 Daniel Sabiiti Comments(0)

The United Nations Children's Fund (UNICEF) Rwanda has recommitted its support to government plans in reopening schools. UNICEF recommends that the earlier the plan, the better to minimize the impact of COVID-19 on children. The recent cabinet meeting resolved that schools which were tentatively  supposed to open in September remain closed to allow sufficient time…
Categories: National
Tags: Education
Fitch Affirms Rwanda at ‘B+’ Again
August,27 2020 Daniel Sabiiti Comments(0)

The Fitch Ratings has affirmed Rwanda's Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B+’ with a stable outlook.  This is the second time the international financial rating tool has rated Rwanda at the same level despite coronavirus constraints to the economy. On May 4, 2018, Fitch Ratings had the same rating which indicates that Rwanda…
Categories: Uncategorized
Tags: Economy
Kabuga To Be Sent to Arusha For Trial Possibly Next Month
August,26 2020 Daniel Sabiiti Comments(0)

The International Residual Mechanism for Criminal Tribunals (IRMCT) Chief Prosecutor Serge Brammertz has hinted on the possibility of having Rwandan Genocide suspect, Felicien Kabuga sent in Arusha -Tanzania for trial next month. Tycoon Felicien Kabuga who was the most wanted Genocide fugitive who is alleged to have provided key sponsorship to the Genocidal government in…
Categories: International
Tags: KabugaF
AfDB to Elect Its Next President This Week
August,24 2020 Daniel Sabiiti Comments(0)

[caption id="attachment_50500" align="alignnone" width="1300"] Akinwumi Adesina, AfDB president[/caption] African Development Bank will this week hold a virtual annual meeting with the election of its President  on top of the two-day agenda. The meeting is scheduled to take place from August 26-27, and the bank’s Governors will on the last day elect the eighth president of…
Categories: Economy
Tags: International Banks
AIDS: Rwanda Introduces New Testing Strategy to Bypass Covid-19 Limitations
August,22 2020 Daniel Sabiiti Comments(0)

Rwanda has taken on a new strategy to ease access to HIV/AIDS testing and treatment as part of efforts to prevent more spread of COVID-19. The new strategy to be conducted by Rwanda Biomedical Center and AIDS Healthcare Foundation (AHF), will include availing free oral personal HIV/ AIDS treatment kits to citizens especially in high…
Categories: National
Rwanda Moves to Intensify Fortified foods manufacturing
August,22 2020 Daniel Sabiiti Comments(0)

[caption id="attachment_57435" align="aligncenter" width="1080"] Some of the fortified foods made in Rwanda[/caption] Rwanda has embarked on a new strategy to promote massive production and consumption of fortified foods as a way of decreasing stunting figures in the country. This follows the fortified foods regulation which was passed in January but its countrywide implementation was…
Categories: News
Tags: Agribusiness
Rwanda Retains Repo Rate at 4.5% to Cushion Economic Recovery
August,13 2020 Daniel Sabiiti Comments(0)

The Central Bank of Rwanda (BNR) has maintained the key repo rate at 4.5% to allow commercial banks to continue financing businesses and households as a way of cushioning the impact of Covid19 on the economy. In its statutory quarterly Monetary Policy Committee (MPC) meeting held on August 12, the bank said the decision was…
Categories: Economy
Tags: BNR
Cimerwa Shares Listing Changes Rwanda’s Doing Business Reputation 
August,03 2020 Daniel Sabiiti Comments(0)

[caption id="attachment_56736" align="alignnone" width="1080"] RDB CEO Clare Akamanzi (3rd left) rings counter bells to officially launch Cimerwa shares on the local market[/caption] Rwanda’s leading cement producer Cimerwa has today officially listed its shares on the local bourse changing the image and the way in which Rwanda will be measured in World Bank Ease of Doing…
Categories: Markets
Tags: Economy
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