Economy

Rwanda has automated the last Umurenge sectors savings and credit schemes- Umurenge Saccos(U-Sacco), paving the way for the establishment of the national Cooperative Bank. The automation of Kagano Umurenge Sacco,…

Kagano Sacco in Kagano sector Nyamaseke district will witness the automation of the last Umurenge sectors savings and credit schemes (Umurenge Saccos) in Rwanda. Ministry of Finance and district officials…

 The Prime Minister, Dr. Édouard Ngirente has presented the achievements made in the seven-year National Strategy for Transformation (NST1) 2017 –2024 which indicate progress but also calling for more work…

The Rwanda Utilities Regulatory Authority(RURA) has reviewed downward the fuel pump price with effect June 5,2024. Gas oil was put to Rwf 1,663  per liter down from Rwf 1,764 o…

National Bank of Rwanda (BNR) has lowered the central bank rate (CBR) to 7% based on the current inflation forecasts that is expected to be manageable, around 5 percent over…

Rwanda Parliament has approved a proposed budget for the Fiscal Year (FY) 2024/2025 that is forecasted at Rwf5,690.1 billion in estimated resources that will focus on sustainable economic development, improved…

Launch of the COMESA-EAC Horticulture Accelerator Programme in Kigali Rwanda has been selected to lead the implementation of a regional horticultural accelerator programme in the Common Market for Eastern and…

Admaius Capital Partners (“Admaius”), an Africa focused private equity investor operating across several growth markets, today announced its majority equity investment into TRES Infrastructure Limited (“TRES” or “the Company”), the…

Senior government officials, representatives from bilateral and multilateral organizations, non-governmental organizations, and the private sector convened today for the 20th Development Partners Retreat (DPR) in Rubavu District. Themed “Thinking and Working…

The Office of the Auditor General’s (OAG) annual audit report for the year ended has shown a slight increase in the proportion of Government expenditure, decline in unlawful expenditures and…

Abdallah Utumashimwa, the Rwanda’s Minister of Youth and Arts, has spoken about the loan claim, which involves Rwandan singer-songwriter James Ruhumuriza, popularly known as King James, and Rwandan Sweden-based pastor…