Kenya eyes crude exports next year

NAIROBI -- Kenya is considering moving its crude oil to Mombasa by road and railway as the country races to hit export markets before the general election set for August...

RwandAir to launch six new routes


The national carrier, RwandAir, has embarked on the next step in its expansion programme by adding six more destinations on the African continent.

World's cheapest smartphone excites Rwandans


The world’s cheapest smartphone unveiled by an Indian firm on Wednesday has excited Rwandans, saying it will increase connectivity once it hits the local market. The Android-run device costs $3.66...

Kigali to host inaugural African Transformation Forum next month


The first African Transformation Forum (ATF) to be held in Kigali next month will focus on how the continent can use agriculture as a base for its economic transformation, the...

BK records Rwf30m turnover on bourse

There was low activity on the Rwanda Stock Exchange (RSE) yesterday, with only the Bank of Kigali counter trading shares.

Central Corridor states to fast-track railway line project


Infrastructure projects undertaken by the Central Corridor states, including the railway line, will be fast-tracked, ministers for infrastructure from Rwanda, Tanzania and Burundi resolved over the weekend.

Takeovers good for TV industry - experts

When Rwanda switched to digital broadcasting in June 2014, the sector was opened up to immense opportunities for both broadcasters and content producers, among others. With digital broadcasting, a number...

Unpacking opportunities presented by Rwanda's green economy push


Last year, the City of Kigali declared some parts of the city a car free zone. The move aimed at reducing congestion in the city centre is also part of...

[PHOTOS]: Kibeho holy shrine: Rwanda's unexploited tourism cash cow


It’s a cold Saturday morning as I make my way to Kibeho Holy Shrine. Being my first time to make a pilgrimage to the shrine, I don’t know what to...

COMESA boosts SMEs to foster local sourcing by corporate firms


Jean de Dieu Nsengimana, a model horticulture farmer in Kirehe District, Western Province has for the past two years been trying to supply vegetables to some of the top supermarkets...

Food prices stable in Eastern Province


Commodity and foodstuffs prices are largely stable in most markets in the Eastern Province. The price of Irish potatoes has gone down in Nyagatare District, with a kilo going for...

Finding a winning strategy


Closing the gap between strategy and execution is one of the greatest challenges faced by business leaders today. Indeed, almost all corporate leaders struggle with developing a strategy that works.

Project to bridge skills gap in construction sector launched


Rwanda’s construction industry has got a boost following the launch of a project that will offer specialised training to professionalise the sector and make it more competitive.

Local bourse quiet on Monday

There was no activity on the Rwanda Stock Exchange (RSE) yesterday with no shares changing hands, the bourse daily market report indicates. This is the opposite of Friday’s trading session...

Noose tightens around poor quality foodstuff processors


Poor quality and substandard processed foodstuffs and beverages could soon be history, thanks to a move by the standards body to enforce sector standards guidelines.

Kenya oil commercially viable at $25 a barrel, says Tullow

UK explorer, Tullow Oil, estimates that Kenyan oil can be commercially extracted at a break-even cost of about $25 (Sh2,543) per barrel (bbl), lower than the current global price of...

Huye co-operative to build Rwf300m modern abattoir


Meat dealers in Huye District are in advanced stages to set up a modern abattoir worth Rwf300 million under their co-operative COCOVIHU. Claver Nsanzimana, the president of the COCOVIHU, said...

Hima boosts Nyagatare with clean water


Residents of Nyagatare District in Eastern Province will no longer have to walk long distances in search of clean water following the launch of a borehole in the area last...

250 local businesses for 'Made-in-Rwanda' expo


The campaign to promote locally-made goods among Rwandans has got a huge boost with the Private Sector Federation (PSF) and the Trade and Industry Ministry organising an exhibition targeting Rwandan...

Start-ups urged to embrace culture of paying taxes in time


Start-ups should embrace use of electronic billing machines (EBMs) and issuing of customer invoices for products bought as part of the best business practices, the tax body has said.

Low activity on the bourse

The Bank of Kigali was the only active counter on the Rwanda Stock Exchange (RSE) yesterday, the daily market report for Tuesday indicates. The bond market was quiet.

Mixed reactions as cashless bus fare payment is rolled out in Kigali


Last week, the City of Kigali rolled out an e-fare payment system for public transport users on selected city routes, like the Kanombe-Kigali route. The move is part of its...

How silk farming is transforming lives of farmers, textile sector


Rwanda has made several over the years to help boost people’s earnings and living standards to spur national development. One such intervention was the introduction of sericulture, an agro-based industry...

Intra-regional trade challenges: Rules of origin are a scapegoat


While While the dialogue of the EAC/COMESA/SADC (East African Community/Common Market for Eastern and Southern Africa/Southern African Development Community) private sector proceeded with the usual jargon-laden international trade lingo in...