Fifth edition of Capital Market University Challenge attracts over 1,200 students

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Over 1,200 students from 210 clubs of different universities across Rwanda have registered to take part in the forthcoming fifth edition of the Capital Market University Challenge 2017 competition, according...

Rwanda share index drops marginally

The benchmark for local index closed 132.13 points on Friday lower than 133.53 recorded on February 16. The All Share Index was also down at 133.02 compared to 133.21 points,...

New PSF leader outlines priorities for next 3 years

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The new Private Sector Federation (PSF) national leadership has pledged to work on addressing the numerous challenges affecting the business community in the country.

Zimbabwe resumes diamond auctions after one year break

Zimbabwe has resumed diamond auctions after a one-year beak, with a test sale that closed last week realising $829,067. Mines Minister Winston Chitando refused to disclose the amount of gems...

City businessman elected new PSF chairman

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Robert Bapfakurera has been elected the new chairman of the Private Sector Federation (PSF), beating his sole opponent Françoise Mubirigi, by 137 votes to 18 votes.

New COMESA initiative to ease access to quality seeds

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Efforts to improve access to quality seeds in the region have got a big boost following the introduction of seed certification by Common Market for Eastern and Southern Africa (COMESA)...

Banks dominate govt's Rwf15bn five-year bond issue

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Banks were allocated the biggest share of the government’s Rwf15 billion five-year Treasury bond issued yesterday, according to National Bank of Rwanda (BNR).

Rwanda’s tea export receipts increase to Rwf72.6bn in 2017

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Rwanda’s tea export volumes and revenues recorded big increases last year driven by good weather conditions and better prices on the global market, the National Agricultural Export Board (NAEB) annual...

Airtel Rwanda appoints Amoateng new MD

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Philip Amoateng has been appointed the new managing director of Airtel Rwanda, the firm said in a statement. Amoateng was the chief executive officer of Tigo from 2016 until it...

PSF postpones national level elections

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Elections for the national executive committee of the Private Sector Federation (PSF), which were expected to be held yesterday, have been postponed to Friday February 23.

BRD and I&M Bank secure Rwf25bn to finance SMEs

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Development Bank of Rwanda and I&M Bank have secured €24 million (about Rwf25 billion from the European Investment Bank (EIB) to support Rwanda’s small-and-medium enterprises (SMEs). The two banks signed...

Tax body, civil society join hands to fight illicit financial flows

Civil society organisations have joined the campaign to end illegal financial flows in the country and Africa in general. The “Stop the Bleeding” campaign seeks to end illicit financial flows...

What it will take to transform leather industry

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The woes faced by Rwanda’s leather tanning industry could soon be history following new initiatives that seek to address the challenges that have dogged the sector for years.

Strong and supportive legal regime, innovation will spur insurance sector

Corneille Karekezi is the Group managing director and chief executive officer of African Reinsurance Corporation (AfricaRe). The seasoned insurer says insurance business in Rwanda as well as the region can...

Outgoing PSF chair calls for skills devt, supporting young entrepreneurs

Benjamin Gasamagera is the outgoing chairman of Private Sector Federation (PSF). The proprietor of Kicukiro-based Safari Centre served the business community umbrella body for about five years as chairman.

How innovation in digital payments is enhancing financial inclusion in Rwanda

The Government of Rwanda is encouraging the masses, businesses and organisations to embrace digital payment systems to drive its goal of achieving a cash economy.

Soft skills give a competitive advantage in the job market, experts say

Employers have for long complained about the lack of relevant skills among new entrants into the job market, especially fresh graduates.

Benchmark index for local counters down 0.24%

Rwanda Stock Exchange (RSE) benchmark index for local counters dropped by 0.24 per cent, closing at 133.21 points, while the All Share Index was at 133.17, down by 0.03 per...

Stakeholders moot ways to grow business coaching sector

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Most new businesses collapse before their third birthday, with mortality rate especially high among small-and-medium enterprises (SMEs) at over 60 per cent. The reasons for this state of affairs is...

List on local exchange to raise capital, tech companies and innovators urged

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Technology sector players have been urged to develop innovative ideas into profitable businesses, which can then be listed on the local capital market. Rwanda Stock Exchange (RSE) chief executive officer,...

Continental bank roots for financial technology

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Millions more people in Africa now have access to financial systems, thanks to cashless systems using digital technology, and more and more people are seeing the benefits of mobile banking,...

Horticulture sector players tipped on quality

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Horticulture sector stakeholders should embrace international standards and ensure quality along the value chain to boost exports into European markets, experts have said. The Dutch and UK experts added that...

RNIT Iterambere Fund grows to Rwf1.47bn in January

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RNIT Iterambere Fund value has grown to Rwf1.47 billon as at January 31 compared to Rwf1.45 billion December 2017, a monthly report by Rwanda National Investment Trust (RNIT), the fund...

AfDB ‘s African Devt Fund gets Rwf600.7bn loan from JICA

The Japan International Cooperation Agency (JICA) has signed a loan agreement with the African Development Fund (ADF) to boost continent’s economic development. The $700.9 million (about Rwf600.7 billion) loan is...