Business

[JOBS]: Reviewer- Southern New Hampshire University

Job Title                      Reviewer Reports to                  Manager, Education Assessment...

Tuesday, May 15, 2018 - 4:51pm

Civil society platform speaks out on 2018/19 budget framework

Following the release of the 2018-2019 Budget Framework Paper (BFP), Rwandan Civil Society has called on the Ministry of Finance and Economic Planning to consider  increasing allocations to the agriculture sector. This, they say, will enable the handling of critical issues within the sector...

Tuesday, May 15, 2018 - 1:13pm

Improved productivity through sustainable land use management practices in Africa

Food insecurity is one of burning issues related to climatic change attracting debate all over the world. Achieving food security through proper land use management has been recognised by Food and Agriculture Organization of United Nations. Food and Agriculture Organization maintains that the...

Tuesday, May 15, 2018 - 12:30pm

Diop appointed as World Bank Vice President for Infrastructure

After sixyears as the World Bank’s Vice President for Africa where he oversaw the delivery of a record-breaking $70 billion to Sub-Saharan Africa to help tackle key development challenges, Makhtar Diop has been appointed as the World Bank’s Vice President for Infrastructure.  The...

Tuesday, May 15, 2018 - 12:24pm

Can the local leather industry become more profitable?

Rwanda Standards Board, National Industrial Research and Development Agency (NIRDA), Rwanda Agriculture Board and skins buyers are currently working on increasing returns from the sub-sector. The agencies are currently in the process of setting standards to determine quality of hides and skins by...

Monday, May 14, 2018 - 11:08pm

Agric potential to power economic growth highlighted in new report

A recent study by Africa Centre for Economic Transformation (ACET) has outlined opportunities for improving agricultural value chains with an aim to connect farming to other areas of economic activity. The study also highlighted how transforming agriculture can become a stimulus for economic...

Monday, May 14, 2018 - 11:02pm

Ethiopia seeks economic union with neighbours

The regional tour by the Ethiopian prime minister that took Dr. Abiy Ahmed to Djibouti, Sudan and Kenya demonstrated the extent of the country’s thirst for access to sea water. The chief of staff in the Ethiopian prime minister’s office, Fitsun Arega, explained that Abiy’s visits...

Monday, May 14, 2018 - 10:58pm

EAC chief justices pledge faster trade dispute resolution

Chief justices from the East African Community have resolved to speed up cases involving trade disputes in order to support the regional process. The judicial bosses from Kenya, Uganda, Tanzania, Rwanda, South Sudan and Zanzibar met in Nairobi last week to draft a framework where judiciaries in...

Monday, May 14, 2018 - 10:58am

47% of South Africans plan to invest in cryptocurrencies

South Africa citizens are increasingly warming up to the idea of investing and trading in cryptocurrencies — despite regulatory concerns over such decentralised digital financial assets across the world. The MyBroadband 2018 Cryptocurrency Survey — completed in April — shows that...

Sunday, May 13, 2018 - 11:51pm

South African Airways to get $400 million capital injection

South Africa has promised another $400 million capital injection to help its struggling state airline meet urgent financial obligations, the CEO of South African Airways (SAA) has said SAA has not generated a profit since 2011 and has already received state guarantees totalling nearly 20 billion...

Saturday, May 12, 2018 - 12:30am

U.S. raises crude oil, gasoline price forecasts for 2018

The U.S. Energy Information Agency (EIA) said on Thursday that the prices of crude oil and gasoline will increase this year. EIA’s May Short-Term Energy Outlook (STEO) forecast that Brent crude oil prices will average 71 U.S. dollars per barrel in 2018, or 7 dollars per barrel higher than...

Saturday, May 12, 2018 - 12:29am

Coffee faces a double threat to its existence in eastern Ethiopia

For generations, farmers planted the lush earth of Awedai and nearby areas in eastern Ethiopia with coffee trees, earning a livelihood from a crop that is now the country’s main export. But the centuries-long practice is now being abandoned in favour of khat, a leafy plant chewed as a...

Thursday, May 10, 2018 - 10:38pm

Shelter Afrique in crucial meet with bond holders

Troubled mortgage lender Shelter Afrique is Thursday expected to convene a crucial meeting with the holders of a bond it issued in 2013 seeking their permission to reschedule repayments of Sh13 billion debt it owes 10 development finance institutions. Shelter Afrique’s decision to seek a...

Thursday, May 10, 2018 - 10:38pm

Nigeria draft oil reforms seek to establish powerful industry regulator

Nigeria’s government plans to create a powerful energy regulator with broad oversight of the oil and gas sector, according to draft versions of sweeping reforms known collectively as the Petroleum Industry Bill (PIB). The draft laws, posted on the Nigerian legislature’s website on...

Thursday, May 10, 2018 - 9:55pm

GroFin partners with Mastercard Foundation on US$50M youth employment initiative in Rwanda

Private development finance institution GroFin has partnered with Mastercard Foundation to support small businesses and entrepreneurs in the tourism and hospitality sector through increased access to financial services and capacity building. Mastercard’s five-year initiative dubbed Hanga...

Thursday, May 10, 2018 - 8:41am

World Cup broadcast deal remains intact – Kwese

By Collins Mwai Kwese, the pay television company, has denied allegations that they will not be airing this year’s World Cup tournament. Media reports had last month reported that the firm was undergoing financial hardships which had led it to default on payments for the football tournament...

Wednesday, May 9, 2018 - 9:16pm

African economies sliding into debt distress despite growth – IMF warns

Sub-Saharan African nations are at growing risk of debt distress because of heavy borrowing and gaping deficits, despite an overall uptick in economic growth, the International Monetary Fund said on Tuesday. “What really we’re concerned about is the pace of increase, rather than the...

Wednesday, May 9, 2018 - 9:14pm

African auditors bemoan automation limitations

Auditors of public accounts at top auditing bodies across Africa need to innovate to keep up with changing technologies as a result of growing digitalisation of government work. This was one of the recommendations by different experts gathered at the on-going top auditors’ meeting in Kigali...

Tuesday, May 8, 2018 - 11:18pm

Trump to discuss trade with China’s Xi as talks continue

U.S. President Donald Trump said he will discuss trade with Chinese President Xi Jinping on Tuesday, as both sides continue talks after failing to reach a consensus at talks in Beijing last week. Trump announced the planned telephone call in a post on Twitter, just days after a U.S. delegation...

Tuesday, May 8, 2018 - 11:13pm

Rwanda to issue Rwf10 bn Treasury bond this month

The Government of Rwanda is back to the Market with a ten-year Treasury bond worth Rwf 10 billion to fund infrastructure projects, the central bank released on its website. Bids for the bond, whose coupon will be determined by the market, will be received from May 21- 23. It will be listed on the...

Tuesday, May 8, 2018 - 9:56am