Why local start-ups should tap opportunities offered by entrepreneurship competitions


Do you have an innovative business idea and are seeking to sharpen your skills or secure funding to implement it? Your start-up could also have potential to expand and create...

Rwanda’s inflation rate rises slightly to 7.3% in December

Rwanda’s annual inflation rate rose by almost one percentage point to 7.3 per cent last month, up from 6.4 per cent in November 2016, the National Institute of Statistics of...

Authorities swing into action as counterfeits flood market


Despite efforts stamp out counterfeits on the local market, authorities registered an increase in cases related to fake products over the past 12 months. According to reports by Police, the...

Tomato, banana prices up in Kigali


Do you love tomato soup? You might also like the vegetable as salad. Well, you will have to dig deeper into your pockets to enjoy that tomato soup or salads...

PPP venture boosts industrial growth in Gisagara district


As part of promoting industrial growth countrywide, the government introduced Community Processing Centres (CPCs), which are mainly based in rural areas. The programme also seeks to create jobs for youth...

How to control and address stress at work

When one examines the elite cohorts on the planet - whether you are an elite athlete or an elite military member – it’s pretty clear that the way that they...

Transport sector trails in service delivery


Jeanne Mukashema’s SIM card suddenly stopped functioning early last year, prompting her to visit the area representative of her service provider. The resident of Rubavu District was, however, informed that...

Why manufacturers want regional CET regulations to be reviewed


Local manufacturers have called for a review of the East African Community (EAC) common external tariff (CET) law, arguing that it does not support production and is making them less...

Airtel announces new head for Africa operations


Bharti Airtel, commonly known as Airtel, a leading global telecommunications services provider, has appointed Rajeev Sethi (pictured, right) the chief commercial officer for its Africa operations.

Dairy sector players call for stringent regulations to streamline milk trade


Sophie Munyana is always cautious whenever she buys a cup of sour milk or plain milk in neighbourhood milk bars.

RNIT Iterambere Fund attracts regional, offshore investors


The Rwanda National Investment Trust (RNIT) Iterambere Fund net asset value has continued to increase over the past week, ending Monday January 9 and was at Rwf102.41 per unit yesterday....

Bond market rakes in Rwf11.9m turnover

The bond market recorded a total turnover of over Rwf11.9 million from Rwf11.5 million worth of bonds traded at between Rwf104.1 and Rwf104.2 in two deals.

Banking in 2017: From ‘branch-centric’ to ‘tech-centric’ growth


Brett King, author of Breaking Banks wondered; “you probably never thought of Uber as an acquirer of small business bank accounts, but if you’re an Uber driver and Uber can...

New online platform to support grain farmers


Grain and cereal farmers in Rwanda will now be able to access regional market information, particularly prices and markets, thanks to an online platform unveiled by the Eastern Africa Grain...

Bourse sheds 95% value in weekly total turnover

The Rwanda Stock Exchange (RSE) opened the first week of 2017 with a 95 per cent drop in value, figures for the week ended January 6 indicate.

Egyptian importers on verge of bankruptcy after currency float

Cairo – Mohsen al-Gedamy has run a successful business for the past seven years importing beans, a staple food for many Egyptians, but after the currency was suddenly floated late...

Oil prices drop over output cut doubts

Singapore – Oil prices dipped yesterday over lingering doubts that some producers might not implement announced production cuts in an attempt to curb global oversupply.

Bond market rakes in Rwf40m


The bond market raked in Rwf40.12 million in total turnover yesterday, continuing its relatively good run from last year, the Rwanda Stock Exchange (RSE) indicates. The FXD4/2014/7-year that is redeemable...

Co-ops help deepen savings culture among Kigali’s former street vendors


The government has for years been promoting co-operatives as one of the ways to encourage Rwandans to save and invest. The campaign has seen hundreds of credit and saving groups,...

Economy grows by 5.2% in third quarter of 2016


Rwanda’s economy grew by 5.2 per cent during the third quarter of 2016, a report by the National Institute of Statistics of Rwanda (NISR) released over the weekend indicates.

Low activity as local stock exchange opens New Year trading

The Rwanda Stock Exchange (RSE) opened the New Year on a low note with just a few shares transacted, continuing last year’s poor run, the bourse daily market report for...

Flower exports gain momentum as NAEB mulls strategies to increase production


The long wait is over. Finally, after over three years of planned rose exports from Rwanda’s Gishari Flower Park in Rwamagana District, ‘encouraging’ flower shipments have made it to key...

Banana, beef prices up in Kigali


If bananas are your favourite dish, you will have to pay Rwf50 more for a kilogramme of banana fingers after the price shot to Rwf350 in Kigali markets, up from...

Standards watchdog suspends pre-shipment inspection scheme


The decision by government to shelve plans to contract private firms to carry-out pre-shipment inspection for goods destined to Rwanda has raised concern from the business community, especially importers. The...