Business Times

Business Times continues to profile successful business women, who will share their success tips and experiences of how they made it in the cutthroat and male-dominated business world. They reveal how they started out, what inspired them and how they have managed to make their business dreams come true. This week, Peterson Tumwebaze caught up with meledah twahirwa, a lawyer turned business woman

More investment in the productive sectors of the economy and increased consumer expenditure could play a big role in reducing the trade imbalance Rwanda experiences, Mohamed Mazimpaka, the director of Chamber of Commerce at the Private Sector Federation, has said.

The high cost of fuel is hurting the country’s fragile textiles industry, Patel Ritesh, the chief finance officer at Utexirwa, the sole textile firm in Rwanda, has said.

Sony world has promised state-of-the-art technology in Rwanda.
Having officially opened shop in Kigali in February this year, Sony World plans to expand its state-of-the-art showroom to satisfy its growing clientele.

Local musician  Richard Muragijimana spent a few minutes last Thursday at a small Sony shop in Kigali checking different video cameras. Unfortunately, he did not buy one of them as he couldn’t afford the high prices. He was heard telling friends that he would work harder to raise enough money to buy one of the cameras.

Prices of bananas in Kayonza have gone up. A bunch of the staple now costs Rwf7,000, up from Rwf4,000. The increase has been attributed to high demand, which was not  matched by the supply.

The Rwanda Stock Exchange share index (RSI) went up 3.96 points yesterday to close at 224.15 compared to last Monday’s 220.19 points. The total turnover for the day was Rwf6.4m from 1,200 Bank of Kigali (BK) and 7,300 Bralirwa shares traded in two deals.

Sugar prices have continued their down ward trend, dropping from Rwf750 to Rwf700 in Kimironko Market and nearby trading centres. In Kimihurura, it has fallen to Rwf750 from Rwf800.