Rwanda has witnessed a growth in formal trade and external trade in goods according to a National Institute of Statistics of Rwanda monthly data report. The “Formal external trade in…
Rwanda Trade
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President Paul Kagame on Tuesday met and held talks with Pamela Coke-Hamilton, Executive Director of the International Trade Centre (ITC), on ways of bolstering trade and investment in the face…
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Rwanda and Zimbabwe have strengthened their bilateral ties with the signature of five Memorandum of Understanding (MoUs) for cooperation in various fields that are expected to economically develop the two…
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The Ministry of Trade and Industry says that trade between Rwanda and East African Community (EAC) countries reduced by 8% in 2020 compared to the previous year due to the…
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EconomyUncategorized
RURA Clarifies on Move to Regulate eCommerce, Says Consultations Ongoing
by Edmund Kagire 10:40 amRwanda Utilities Regulatory Authority (RURA) has clarified on plans to regulate eCommerce service providers following public outcry that the move could have a major impact on small and medium companies…
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Economy
Can Rwanda Cut Biting Trade Imbalance? Christine Lagarde Says YES
by Lillian Gahima 11:51 amThe Managing Director of the International Monetary Fund, Christine Lagarde says regional integration could work miracles in diversifying Rwanda’s exports and end the country’s trade imbalances. “While export diversification hinges…
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Symbion Power, an American energy investment firm, has investedUS$157m into extracting methane gas from Rwanda’s volcanic Lake Kivu. KTPress can exclusively reveal that the firm’s investment counted for 40.2% of…
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Rwanda’s total exports in 2014 increased by 5% despite experiencing a trade imbalance due to more imports. Trade Minister Francois Kanimba explained to KTPress that Rwanda’s Exports are gradually picking…
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Economy
Rwanda food prices hurting, despite agriculture’s meager contribution to GDP
by Magnus Mazimpaka 1:40 pmKIGALI-Rwanda— Rwanda is experiencing a slight increase in food prices and other consumer commodities, the national institute of statistics (RNIS) has announced. Overall Rwanda annual prices increased by 4.5%, but…