Rusumo border post to start 24-hour operations on Oct 2

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Traders and clearing agents have welcomed the initiative by Rwanda Revenue Authority (RRA) and other government agencies to implement 24-hour operations at Rusumo on the Rwanda-Tanzania border. The facility will...

Improving fertiliser supply chain to dominate Maputo agribusiness meeting

East and Southern Africa fertiliser and agribusiness leaders will converge in Maputo, Mozambique next month to discuss how to boost regional food security and prosperity.

Access to internet will drive Africa’s media and entertainment industry revenue growth - PwC

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Significant shifts are underway in how Africa’s entertainment and media companies compete and generate value, as the quality of the experience they deliver to consumers becomes their primary basis for...

Rwanda targets new buyers at ongoing specialty coffee conference in Japan

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Rwandan specialty coffee processors are looking to clinch key export deals at the ongoing annual Specialty Coffee Conference and Exhibition (SCAJ) in Japan, enabling them to expand the export market...

Jack Ma calls for more focus on small businesses, young people

The world should make sure small businesses and developing countries benefit from globalisation and offer young people opportunities to be involved in global issues, said Jack Ma, founder and chairman...

Ghana, Ivory Coast seek $1.2 bn loan to add value to cocoa

Ghana and Ivory Coast are seeking a joint $1.2 billion loan facility from the African Development Bank (AfDB) to establish warehouses and set up chocolate manufacturing facilities, a senior Ghanaian...

Zim to pay $1.8bn foreign debt arrears when economy is stronger - FM

Zimbabwe will not be able pay $1.8 billion in arrears to the World Bank and African Development Bank (AfDB) until economic fundamentals improve, the country’s Finance Minister has said.

Tigo launches ‘affordable’ package for Facebook and WhatsApp subscribers

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Tigo Rwanda customers will now be able to access WhatsApp and Facebook thanks to a new affordable pack unveiled on Tuesday. According to a statement from the telecom firm, SociaLIT...

MTN explains scrapped Me2U service fee

MTN Rwanda has cancelled the 10 per cent service fee recently imposed on its Me2U product following numerous complaints from users that also attracted the regulator’s attention.

Telecom giants lose grip as competition tightens

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Rwanda’s telecom industry has reached a critical stage in market dominance with the two top players separated by a less than 3-percentage point margin. According to the Rwanda Utilities Regulatory...

All set for continental aviation summit in Kigali, organisers say

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All is set for Rwanda to host the forthcoming 49th annual African Airlines Association (AFRAA) general assembly and summit, organisers have said. The event will attract global aviation executives and...

BDF support was my turning point, says Gicumbi farmer

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You would expect to find fishing boats and nets on any lake shore. However, this was not the case when we visited Lake Muhazi in Gicumbi District. Off the lake...

Bank of Kigali in new drive to deepen financial inclusion

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Bank of Kigali says it aims at shooting three birds with one stone through its Bigereho Na BK campaign activated three weeks ago, by, first educating Rwandans on benefits of...

Experts weigh in on future of insurance industry

Rwanda’s insurance industry registered considerable growth during the first half of 2017 with total assets growing by more than 10 per cent. In monetary terms, the sector’s total assets stood...

Tourism sector players urged to embrace technology

Alliy Mbwana is the founder and managing partner at Savannah Fund, an Africa focused Technology Venture Capital fund. The expert wants tourism and hospitality sector players to embrace ICT as...

New initiative to support women in tourism business

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More than 30 business women in tourism and hospitality were tipped on new skills to become profitable and competitive.

Why women entrepreneurs should embrace technological innovations

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As technology advances, conversations around the opportunities and risks posed by automation and digitisation on the future of work especially among women entrepreneurs have inevitably increased.

KCB Bank, RIIO in joint effort to eradicate cataract disease across Rwanda

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KCB Bank Rwanda has partnered with the International Institute of Ophthalmology (RIIO) to treat underprivileged patients suffering from cataract disease.

BK wins international award for best bank in Rwanda

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Bank of Kigali is the Best Bank in Rwanda, according to the 2017 African Bankers’ Awards for the East Africa region organised by EMEA, an elite London based finance magazine....

RRA rallies business community to meet tax obligations

Rwanda Revenue Authority (RRA) has called on private sector to comply with their tax obligation to enable the tax body meet its revenue targets.

Kenya cuts 2017 economic growth forecast to 5.5%

Nairobi – Kenya’s government cut its 2017 economic growth forecast on Friday to 5.5 per cent from an initial 5.9 per cent, a senior Treasury official said. Kamau Thugge, the...

Collective investment scheme as a strategy for lower cost investments

Collective investment schemes invest in a broad range of securities, sometimes at lower cost due to negotiation skills and size of the investable funds.

Understanding the concept of facilities management

On my first visit to Rwanda about two years ago, I was impressed by what I saw of the City of Kigali considering the sad events of 23 years ago....

Interest rate cap on loans will soon be reversed

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Kenya – The interest rate cap on loans will soon be reversed to allow the market to determine the pricing of credit, the Central Bank governor has said.