Govt sourcing Frw109 billion to scale up agric. production

A least US$200m (about Frw109b) is to be injected in the agriculture sector. A move that may scale up crop production, boost household incomes and ensure food security in the...

Capital market: Business gains after a week’s lull

A trading report from the Capital markets advisory council (CMAC) shows that  the  Rwanda OTC market gained some momentum as investors came back to the market.

Sonarwa partners with IGI

Govt plans to float shares of company Rwanda National Insurance Corporation (Sonarwa) has partnered with the Industrial General Insurance, a Nigerian insurance company positioning Sonarwa to remain the leading insurance...

NISR scores high in World Bank evaluation

Surveys and data published on the National Institute of Statistics of Rwanda (NISR) website has made Rwanda score high in a World Bank evaluation to deliver data.

Kigali Investors’ Forum launched

The Private Sector Federation (PSF) in collaboration with Kigali City Council (KCC) launched an investor’s forum that will be addressing private business challenges.

Common market: EAC sets date for consulting business community

East African Community (EAC) Secretariat is to consult the business community and government technocrats before signing the Common Market Protocol, a statement from the East African Business Council (EABC) says.

Develop infrastructure, EAC governments told

East African member states should fast track the development of infrastructure to boost trade and investments in the region, the Ugandan Minister in charge of East African Community (EAC) affairs...

Gahaya processing silk, targeting Agoa

Gahaya Links, a leading basket weaving and exporting company is processing silk cocoons to make silk products with an intention to sell them to the American market through African Growth...

Zigama advised to consider turning a commercial bank

National Bank of Rwanda has advised shareholders of Zigama Credit and Saving Society (CSC) to turn the financial institution into a commercial bank.

Invest in Rwanda silk industry—Rhoda

Reports that samples of Rwanda’s silk were ranked the best in India should now be attracting the private sector to invest in this virgin sector. Opportunities are many.

EA business leaders move to boost trade

East African community business leaders are trying to boost competitiveness. Wary of renewed foreign invasion, they are exploring other ways of tapping the region’s vast resources to boost economic growth.

Fina Bank leases 15 buses to Atraco

Fina Bank has leased 15 mini buses to Atraco,  a drivers and taxi owners’ association.

Africans urged to boost rice production

Two different groups of researchers have urged African countries to boost local rice production.

German consortium buys 25 per cent stake in BRD

African Development Corporation (ADC) has purchased 1,750,005 shares in the Development Bank of Rwanda (BRD) at Frw2,528 each.

Govt to spend Frw21,6b on countrywide optic fibre cable

Government is to spend $40 million (Frw21, 6 billion) to roll out the national optic fibre cable to rural areas.

RRA trains leaders on EAC customs union

Rwanda Revenue Authority (RRA) is training opinion leaders on the benefits of harmonizing the East African Community (EAC) Customs Union. A statement from RRA, says the trained group will help...

Government expenditure increases by 3.5 per cent

With government’s spending set to increase by 3.5 per cent from Frw589 billion to Frw604 billion the Ministry of Finance has reviewed the 2008 budget.

RRA donates to orphans

The Rwanda Revenue Authority (RRA) has donated assorted items worth Frw3.5m to the Kinyanya orphanage.

World Bank publishes book on science and technology capacity building in Rwanda

The World Bank has released recommendations on building a vibrant science and technology environment in Rwanda, which if implemented, they will steer the achieving of the Millennium Development Goals (MDGs)...

CAPITAL MARKETS: Trading quiet for second week

Monday trading was quiet on the Rwanda Over The Counter market as no transactions were recorded. The intermediaries were busy handling Safaricom IPO.

Kenya Ports Authority to increase handling fees

Kenya Ports Authority (KPA) has announced a rise in the handling fees at Mombasa Port.

Youth tipped on formation of cooperatives

The youth from different sectors in Gasabo district have been tipped on the importance of forming cooperatives.

Investing in agriculture not risky, report says

Financing the agriculture sector in Rwanda is not a risky business, a recent study has said.

Turn EAC Secretariat into commission, delegates told

The study team on the East African Community (EAC) Common Market has recommended that the EAC Secretariat be turned into a commission.