Uganda, TZ sign deal for world’s longest heated oil pipeline

Uganda and Tanzania signed a framework agreement on their proposed $3.55 billion crude export pipeline yesterday, a key milestone for the project, which is expected to start pumping Ugandan oil...

Institutional investors dominate govt’s 7-year Rwf10bn TB issue

The government’s seven-year Rwf10 billion infrastructure bond has been oversubscribed by 103.03 per cent, with investors from non-financial institutions taking the lion’s share, a central bank statement indicates.

Rwanda has attractive packages for floriculture sector investors - NAEB


Rwanda has intensified efforts to diversify exports and investments in the country by showcasing opportunities in its floriculture sector at a roundtable attended by potential investors and operators in Nairobi,...

BPR scoops ‘Best Bank in Rwanda’ 2017 Award


BPR has been recognised as the “best bank” in Rwanda at annual the Banker Africa 2017 awards for the East African region held in Nairobi, Kenya last week. The annual...

EAC manufacturers urged to embrace e-commerce


Regional manufacturers have been urged to embrace electronic trading platforms (e-commerce) to widen their market reach and become more productive and competitive. The experts said embracing such innovations will help...

Rwanda to showcase horticulture sector potential at Nairobi meet

Rwandan investment and agro-export promotion officials will this morning host an Investor Roundtable on opportunities in the floriculture sector in Rwanda targeting Kenyan investors in Nairobi, Kenya, a statement from...

MFIs tipped on consumer protection


The majority of microfinance institutions customers do not know their rights, a situation that exposes them to risks and also affects efforts geared at deepening financial inclusion, experts from micro-finance...

Rwanda’s Nootri products acquire quality certification mark

Africa Improved Foods’ Nootri brand has been awarded the Rwanda Standards Board (RSB) S-Mark for quality, the firm has said in a statement. Prosper Ndayiragije, Africa Improved Foods Rwanda country...

Rwanda, Switzerland new deal to boost bilateral ties

Trade volumes between Rwanda and Switzerland could increase thanks to a new set of agreements signed between the two countries on Monday in Bern, touching different areas of cooperation.

Horticulture exports set to soar as airlines cut freight charges


Rwanda has over the few years intensified efforts geared at increasing exports, particularly for the non-traditional trade products like flowers, vegetables and fruits.

Meet Rwamagana’s farming millionaire who started out as a casual labourer


Evariste Mutibagirana, a large-scale banana farmer, is considered a ‘survivor’ by most of his peers. He worked his way up to the top from being a farm hand. Fondly referred...

Innovative business models key to deepening Rwanda’s ICT sector, says UAE tech expert


As Rwanda strives to become an ICT hub in the region experts say the country should embrace innovative business models to be able to attract more investors in the information...

Time to get serious about red tape at Africa’s borders

International investment remains a critical, and often underappreciated, part of the global economy. Nearly two million jobs were created directly by foreign direct investment (FDI) in 2015, according to a...

Bourse benchmark index drops by 0.18%

Rwanda’s benchmark index for local counters declined by 0.18 per cent points to close at 121.09 points, while the All Share index shed 0.02 per cent to 127.42 points yesterday,...

Editorial cartoon


Young upcoming business men and women are having difficulties in accessing commercial bank loans.

RRA lauds new customs, tax administration programme


The Rwanda Revenue Authority has commended the Authorised Economic Operators (AEOs) programme, saying the project has helped improve efficiency in customs operations and tax administration at border posts.

Tech firm, MTN launch mobile marketing platform

online marketing promoters have got a big boost following the launch of a new mobile solution last week. The MeMe mobile marketing solution was unveiled by technology firm, Digitata Insights,...

Students tipped on savings as university capital market competition is launched


Small savings by individual citizens, including students and youth, are essential for the country to increase deposits that can be used to fund investment initiatives, Robert Mathu, the Capital Market...

Rwanda’s coffee export revenue rises to over Rwf2bn in March


Rwanda’s coffee export revenues rose marginally in March to $2.4 million (about Rwf2.02 billion), up from $2.1 million (about Rwf1.77 billion) recorded during the same period in 2016, the National...

Tigo slashes local and international call rates


Mutesi, a Nyabugogo-based businesswoman, has been finding it hard to communicate with her suppliers in the provinces, which has sometimes caused delays in the delivery of her merchandise. The Tigo...

Rwanda’s trade deficit drops by over 10.5% in March


Rwanda’s trade deficit for formal goods decreased by over 10.5 per cent year-on-year in March, but was up on a monthly basis, the National Institute of Statistics of Rwanda (NISR)...

African govts urged to diversify economies

African governments have been urged to focus on growing intra-African trade and diversifying their economies to stop reliance on commodities to reduce vulnerability to external shocks.

How Shirimpumu used a salary loan to become a model farmer, employer


It’s 11am and Jean Claude Shirimpumu is inspecting his piggery project in Kageyo sector, Gicumbi District in Northern Province. The farmer can be seen stroking a sow as he feeds...

Grain sector players move to ease maize shortages as demand shoots up


Rwanda had a good harvest for both grains and cereals last season, which attracted huge demand from regional buyers. This has benefitted farmers in terms of better revenues earned, but...