Strong growth, inflation within the Central Bank’s range of 2-8%, the rate of interest unchanged, after an earlier reduction, all signs that Rwanda’s economy is performing well, barring the usual…
Rwanda central Bank
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The Governor of the National Bank of Rwanda (BNR), John Rwangombwa has revealed that Rwanda has made progress in developing a cashless economy and by next year all services will…
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The National Bank of Rwanda (BNR) has further lowered the central bank rate (CBR) by 50 basis points to 6.5 percent. Central Bank Governor, John Rwangombwa said that this is…
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The National Bank of Rwanda (BNR) revealed that Rwanda’s economy has remained resilient in the first half of the year, though climate change impacts agriculture and market prices remain the…
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Economy
Rwanda Economy Resilient, But Little Respite From High Inflation Until End 2023
by Vincent Gasana 10:17 amRwanda’s economy is holding its own, despite adverse global winds, and has the resilience to weather the unfavourable climate, until those winds begin to blow fair. That is the verdict…
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Technology
Meet Intumwa Chatbot, Your Friend, If Your Financial Services Provider Isn’t.
by Vincent Gasana 3:31 pmIf you thought your bank was a little too blasé about responding to your complaint, help is at hand. Consumer protection just got more robust. Say hullo to Intumwa Chatbot.…
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Companies
Higher Interest Rates As Central Bank Pulls All The Levers To Tame Rising Inflation
by Vincent Gasana 1:21 pmThere is steady growth, but it is dragged down by the weight of rising inflation, largely due to global factors. That is what the monetary policy committee has divined, from…
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Economy
Rwandan Economy: Challenges Remain, But We See Green Shoots of Recovery
by Vincent Gasana 12:45 pmThe National Bank of Rwanda (BNR)’s statutory quarterly Monetary Policy Committee (MPC) met yesterday, 12th May, to read the runes on economic prospects, as the country, and the world, struggles…
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Economy
Central Bank Re-Opens Rwf20billion Bond for Capital Market Development
by Daniel Sabiiti 3:01 pmThe National Bank of Rwanda (NBR) has announced plans to reopen a 20-year treasury bond to consolidate and raise long term capital for government projects in the post COVID-19…
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National
BNR Maintains the Central Bank Rate at 4.5% to Boost Economic Recovery
by Edmund Kagire 7:04 pmThe National Bank of Rwanda (BNR) has maintained the Central Bank Rate at 4.5 percent in a bid to support economic recovery, as countries around the world look to rebound…
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Economy
COVID-19 Drove Rwanda’s Cashless Economy, Drop in Counterfeits – BNR Report
by Daniel Sabiiti 5:53 pmThe National Bank of Rwanda (BNR) has released its annual report that shows the banking sector having had a successful year, despite the economy slowing down due to the new…
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With the economy showing good signs, Rwanda Government through Central Bank has returned to the market with the reopening of Rwf15 billion Treasury bond. The bond, which will be rediscounted…
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