Local producers urged to promote Made-in-Rwanda at EAC summit

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Local manufacturers have been urged to take advantage of the forthcoming East African Manufacturing and Business Forum to market locally produced products.

KCB Bank Rwanda launches campaign to boost access to services

KCB Bank Rwanda has launched a new campaign to boost uptake of bank products and access to finance. The campaign, code named “Expert talks”, is designed to enhance awareness and...

New bridge to boost trade in Nyaruguru District

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Trade and movement of people between Munini and Busanze sectors in Nyaruguru District is expected to improve following the launch of a new bridge linking the two areas.

Isuzu buys 57.7pc stake in GM East Africa

Japanese automaker Isuzu Motors Limited has bought out General Motors’ 57.7 per cent stake in General Motors East Africa (GMEA) for an undisclosed sum.

KRA insists clearing agents must be vetted before licences are renewed

The Kenya Revenue Authority (KRA) has dug its heels in on rules it introduced this year governing business licence applications for clearing gents.

Understanding Basel norms in Rwandan banking sector

Strong Financial sector provides base for strong economy. Rwanda’s financial sector is dominated by Commercial Banks accounting for 66.6% of the total assets of the sector. The National Bank of...

What will it take to improve Rwanda's trade imbalance?

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Rwanda’s trade balance has been deteriorating over the years due to the continued higher import bill compared to export receipts.

Ntibizerwa harvests cash in rice farming

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From a distance it looks like a playground. But as we get closer, we realize it is a vast rice field located in a marshland. A middle aged man bends...

Aviation expert on what Africa should do to build a vibrant airline industry

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Last week, Rwanda hosted the Africa aviation summit that brought together more than 1000 experts, top airline business executives, policy makers and regulators.

Tanzania demands study on impact of EU trade deal

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Tanzania wants a study conducted on the impact of the Economic Partnership Agreement with the European Union on the East African Community, ahead of the Summit of Heads of State...

Mozambique nets 1,634 foreign illegal miners

Mozambican authorities have arrested 3,220 people suspected of involvement in illegal mining in Cabo Delgado Province, local media said.

Kenyan airport attains Category One status, key to non-stop US flights

The Jomo Kenyatta International Airport (JKIA) has achieved the Category One status that will allow for direct flights between Kenya and the US, bringing to an end the long search...

Call for more efforts to cut carbon emissions in aviation

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Aviation industry experts have called for more efforts to embrace innovative technologies to cut down carbon (CO2) emissions and promote green growth.

Expert calls for harmonised pre-shipment inspection scheme

African states have been urged to embrace a harmonized Products Conformity Assessment to Standards (IPCA) scheme to boost intra-regional trade.

WTO's new global trade deal comes into force

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GENEVA – An international agreement forecast to boost global trade by $1 trillion (£800bn) a year has come into force. The Director General of the World Trade Organization (WTO), Roberto...

KCB confirms plans to send home Kenya staff after Rwanda layoffs

Kenya’s largest bank by assets KCB Group has confirmed plans to lay off an undisclosed number of staff in its Kenyan unit to cut expenses. The lender said yesterday the...

Deadline for sale of govt shares in I&M Bank extended

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Government and I&M Bank have agreed to extend the deadline on sale of government shares to March 10.

Coffee production up as export receipts decline

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There was an increase in the quantity of green coffee produced in the country last year. This is contained in figures on coffee production released by the National Agriculture Export...

How Murara turned grocery shopping into a cash cow

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At the entrance is an imposing inscription ‘GroceWheels Ltd Rwanda.’ Inside is a huge open store filled with an assortment of groceries ranging from all types of fresh foodstuffs like...

Why power importation delay won't affect national targets

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In 2014, government sealed a five-year contract with Kenya through the country’s power distributor Rwanda Energy Group (REG). According to the deal, Rwanda was to pay $14 cents (Rwf50) per...

Green Investment should be prioritised

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Rwanda has the objective of infrastructure development as one of pillars of vision 2020. Agriculture infrastructure in Rwanda is underdeveloped and needs financing through investment. Green Investment could be used...

Why COMESA Court is revising arbitration rules

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The COMESA Court of Justice will revise its current Arbitration Rules to promote Alternative Dispute Resolution mechanisms and ensure it keeps pace with the best international practices.

Digital banking will boost financial inclusion - CBA Group boss

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Many Rwandans are increasingly embracing mobile banking as the country moves toward a cashless economy.

New UN scheme to empower women entrepreneurs launched

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The UN Food and Agriculture Organization (FAO) has launched a new initiative to support and empower rural women across the country. The organisation last week launched the second phase of...