Why more real estate developers have embraced affordable housing


The real estate sector was one of the key contributors to Rwanda’s economic growth last year, adding 8 per cent to the national GDP growth during the fourth quarter of...

Local grain dealers, farmers tipped on quality


Grain dealers and farmers have been urged to ensure quality and standards as part of efforts to support cross-border trade and also help develop the grain sector in the region.

Egyptian investors eye Rwanda’s energy, agriculture sectors


Egyptian investors have expressed interest in exploring business opportunities in Rwanda’s construction, agro-business, renewable energy and textile sectors. The business operators, under the Federation of Egyptian Industries, also want to...

Why Kigali’s real estate industry rakes in better returns compared to regional cities


Kigali has higher rental yields than any other key cities in the residential and retail sector in Sub-Saharan Africa, a recent study shows. Rental yield is the rate of income...

RNIT Iterambere Fund grows to Rwf1.5bn in February


RNIT Iterambere Fund has continued its good performance, growing to Rwf1.530 billion at the end of February, the fund’s performance report for last month indicates.

Empowering generation Z through technology


The future of Africa belongs to Generation Z. As the world’s youngest region, approximately 20 per cent of Africa’s population is currently aged between 15 and 24. But the hope...

E-commerce boost as UK firm unveils world’s first smart contract marketplace

Modex has launched its first fully functional product alpha, bringing to the market the world’s first App Store for the blockchain. Modex’s Smart Contract Marketplace aims to tackle the ‘last...

Rwanda’s mobile telephone penetration rate rises to 76.1%


Rwanda’s mobile telephone penetration rate has inched up by 0.5 per cent to 76.1 per cent in February, from 75.6 per cent the previous month.

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,...

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...

Varsity students pledge to promote savings culture, invest


Students participating in the ongoing 5th Capital Market University Challenge have vowed to promote the savings culture among young people, saying it is essential for the country’s banking sector to...

Youth urged to explore opportunities presented by the local exchange


Young people have been urged to adopt the culture of saving and investing through Rwanda Stock Exchange (RSE). This was during a tour of the local bourse by students from...

Airtel-Tigo merger kicks off with ‘Go from good to best’ campaign


Bharti Airtel and Tigo Rwanda have officially started the process to merge assets and services of the two firms, months after the takeover deal was approved by the regulator.

Cross-border e-commerce retail volumes to rise 25% by 2020, says DHL

Cross-border e-commerce continues to provide significant growth opportunities for retailers and manufacturers with an international online product offering.

Kigali to host global meet on responsible, inclusive finance


More than 400 financial experts from around the world are expected in Kigali in the next few days for the International Conference on Responsible and Inclusive Finance due next week.

Nigeria and Kenya inching closer to interest rate cuts

JOHANNESBURG – Nigeria and Kenya will follow Ghana’s lead and cut rates in the third quarter, a Reuters poll found, as long as there is a monetary committee quorum in...

IMF gives Kenya 6-month standby loan extension

Nairobi – The International Monetary Fund (IMF) has approved Kenya’s request for a six-month extension of a $1.5 billion) standby credit facility that was due to expire yesterday.

Why roots and tubers export revenues dropped last year


Declining cassava production affected the export volumes of roots and tubers, Rwanda Agriculture Board (RAB) officials, have said. Dr Telesphore Ndabamenye, the head of crop production and food security department...

Is your company prepared for the big data revolution?

Business data has grown exponentially in recent years, but its usage in driving forward companies had been relatively limited, until the dawn of the big data revolution. Now, more firms...

Increasing savings, digital banking will bring down interest rates - GTBank chief


Veracruz Bayo is the Guaranty Trust Bank (GTBank) Rwanda managing director. The banker is confident mobilising more long-term savings and embracing cashless banking will reduce the cost of borrowing and...

Entrepreneurship: Nyamasheke women reap big from fish trade


Over 10 years ago, Yvonne Murekatete, had no stable source of income and solely depended on her husband for all her needs. However, this meant that she could not get...

Optimism as mining sector shows signs of a rebound


Rwanda’s mineral export revenues contributed the biggest share to Rwanda’s foreign exchange earnings during 2017. Mineral exports by over 210 per cent to $248.5 million last year compared to $80.1...

Access to reliable electricity transforming the fortunes of a small village in Gasabo


Antonine Twagiramungu, a maize farmer in Nkuzuzu Cell, Bumbogo Sector, Gasabo District, had for long been finding it difficult to add value to his produce. The challenge of not having...

AfDB moves to propel solar energy development in Africa


Efforts to light up Africa through off grid solutions have gained momentum, thanks to the new deal inked between the African Development Bank (AfDB) and International Solar Alliance. Hott Amadou,...