BRD and I&M Bank secure Rwf25bn to finance SMEs


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


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


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


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


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


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


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...

Rwanda looking to market potential at ongoing horticulture connect summit


Rwanda will be looking to market its potential as a key horticulture sector player during the two-day Horticulture Connect Summit that opens in Kigali today, officials have said. The summit...

New MTN campaign to boost cashless economy initiative

Government’s efforts to encourage adoption of electronic financial services among Rwandans have boosted by MTN Rwanda’s new campaign, which geared at deepening use its mobile money transfer service platform.

Harmonise tax regime to attract more foreign investors into the region - EABC chief


The East African Business Council (EABC) board met in Kigali, last week, to discuss strategies that will help encourage the implementation of key projects by East African Community (EAC) states...

Mukamunana: Thriving in the male dominated photography business


When Hidaya Mukamunana Cyusa went for a school leavers’ party to take pictures of relatives and family friends, she never thought much of it. Though unknowingly, that marked the beginning...

Using ICT to achieve SDGs; lessons from India


Last year, I was selected to represent Rwanda at the Indo-East African Internship Programme under the Supporting Indian Trade and Investment for Africa (SITA) project.

Brand Ambassadors fighting unemployment through skills devt


The lack of market-relevant skills is one the complaints from recruiters, and the challenge has seen many a graduate searching for jobs from office to office, sector to sector to...

Parliament speaker rallies youth on job-creation


Young people have been urged to engage in income-generating activities as one of the ways to create jobs and contribute to national development. This call was made on Sunday during...

Liquid Telecom to sponsor local start-ups for Africa Tech summit


Liquid Telecom will join innovators and influencers from across the African ecosystem at this week’s Africa Tech Summit taking place in Kigali from February 14-15.

Rwanda share index down 0.82%

Rwanda Stock Exchange (RSE) recorded a total turnover of over Rwf11.7 million from 123,200 shares traded in six deals during yesterday’s trading session. The bond market was quiet.

Businesses call for more supportive policies as PSF elects new leaders


Members of the Private Sector Federation (PSF) are currently electing new leaders from cell to the national levels. New office bearers for cell and sector levels were elected on February...