Lending-rate

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A bank teller counts money while serving customers at Bank of Kigali. The National Bank of Rwanda has increased its lending rate by 50 basis points from 6.5 percent to 7 percent in efforts to tame the persistent high prices.
Economy

Central Bank increases lending rate to 7%

Thursday, February 16, 2023
Senators adopted the assessment of the 2021-2022 activity report by the National Bank of Rwanda, and tasked the government to urgently address the depreciation of the Rwandan franc and high inflation, on Tuesday, February 14. Craish Bahizi
Economy

Senate tasks govt to address inflation, franc devaluation

Wednesday, February 15, 2023
Young people between the ages of 18 to 25 considered as ‘Generation Z’ are the majority of MTN’s Mokash borrowers,. File
Business

Majority of mobile loan borrowers are youth–credit bureau

Sunday, February 12, 2023
Minister of Agriculture Gerardine Mukeshimana during a guided tour of Nasho Maize plantation in Eastern Province. The maize production target by 2024, was 2.94 tonnes per hectare. File
Agriculture

Why agriculture still falls short of set targets

Sunday, January 08, 2023
A bank teller counts money while serving customers at Bank of Kigali head office. File
Economy

Inflation impact on youth; how to mitigate better in 2023

Tuesday, January 03, 2023
Some Umwalimu SACCO members during the 25th General Assembly of this financial institution in Kigali, on Wednesday, December 28, 2022 (Emmanuel Ntirenganya)
Education

Loans disbursed to teachers up by 40% after salary rise

Wednesday, December 28, 2022
A view of City of Kigali's Business District. Rwanda's economy bounced back in 2021 after being wreaked by Covid-19 pandemic with a rebound to 10.9 % economic growth from a contraction of 3.4% in 2020. Photo by Sam Ngendahimana
Economy

2022: A year of spiralling inflation and efforts to tame it

Wednesday, December 28, 2022
A view of CHIC, one of commercial buildings in Kigali City Business District.Photo by Craish Bahizi
Rwanda

Why the Government should ease conversion from sole trade to Ltd company

Thursday, December 22, 2022
Children eat nutritious food at ECDC in Nyamasheke District through the USAID Rwanda funded “GIKURIRO KURI BOSE” program. All photo by Craish Bahizi
Featured

Gikuriro Kuri Bose: partnering to boost mother, child nutrition

Friday, December 02, 2022
Workers in Kigali’s Central Business District load cargo on upcountry bound trucks Supply deficiencies coupled with high costs of borrowing to produce increases the prices of already scarce consumer goods even further which also diminishes consumer purchasing power. File Photo.

Increasing interest rate not the best antidote to inflation

Wednesday, November 23, 2022
Clients at a BPR Bank Rwanda branch at Nyabugogo in Kigali. The National Bank of Rwanda on Tuesday, November 15, increased its lending rate from 6 per cent to 6.5 per cent as part of efforts to help tame inflation. Photo: File.
Economy

Economists weigh in on new BNR lending rate increase

Thursday, November 17, 2022
Workers on duty at Pink Mango, the garment factory in Kigali. Rwanda’s exports rose by 39.9 percent in the third quarter of 2022.File
Economy

Five key highlights in Central Bank’s economic performance report

Wednesday, November 16, 2022