Business

Rwanda Commercial Bank (BCR), the country’s third largest lender by assets, forecasts its profits after tax to increase by 40 per cent from January to March this year due to growth in lending to Small and Medium Enterprises (SMEs).

Burundian President Pierre Nkurunziza Tuesday officially opened a subsidiary of the Kenya Commercial Bank (KCB) in the capital, Bujumbura.

Tanzanians should have equal opportunities to invest in the region’s partner states as their counterparts in Kenya, Uganda and other countries do, the country’s East African Cooperation minister Samuel Sitta said here on Tuesday.

The Rwanda Stock Exchange (RSE) market yesterday recorded a lower turnover compared to Tuesday’s trading session.