Economy

Rwanda and the Republic of Korea today signed a $1 billion framework arrangement aimed at providing concessional funding for a range of projects. The financing by Korean Government is channeled …

The FinScope 2024 survey has shown a growth in financial inclusion and access to services. The survey unveiled this June 20, by the Prime Minister Dr. Edouard Ngirente showed that …

The Rwanda economy is projected to grow at 6.6% this year, according to the Ministry of Finance (MINECOFIN), with the usual support of the National Institute of Statistics of Rwanda …

Rwanda’s Capital Market Authority (CMA) has announced the appointment of Mr. Thapelo Tsheole as the new Chief Executive Officer. In a press release, CMA said Tsheole brings experience and expertise …

All Umurenge Saving and Credit Cooperatives (Umurenge Saccos) in Rwanda will soon get Cash in Transit (CIT) vehicles to ensure the security of funds that are transported between Saccos branches …

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 …