African govts urged to prioritise agric to promote inclusive growth, fast-track devt


African governments have been urged to step up efforts to accelerate the continent’s path to prosperity, inclusive growth and decent jobs-creation by moving from commitments to action.

Local counters’ index declines marginally

The index for local counters listed on the bourse dropped by 0.31 per cent (0.37 points) to close at 123.34 points, while the All Share Index shed 0.05 points (0.04...

Mukarusanga’s success in business was inspired by desire to defeat Genocide ideology


Like many youth, Console Mukarusanga was lured to the city by the huge prospects it offers when she left her hometown for studies in Kigali during late 80s. When she...

‘Organisational challenges keeping SMEs from listing on the bourse’


The local exchange recently welcomed I&M Bank Rwanda, which listed on the bourse at the beginning of April 2017. The lender joined other three local and four cross-listed firms that...

How Gatsata women weaved their way out of poverty


Over a decade ago, they solely depended on their husbands for everything. That is, however, a thing of the past following an initiative that brought these women together under the...

Call to harmonise seed regulatory framework in COMESA region


There is need to expedite seed regulation harmonisation programme in the COMESA region to help increase access to quality and improved seeds by farmers and boost production and household incomes...

All set for annual Rwanda Investment Forum – BDC

Rwanda entrepreneurs will this week converge in Kigali for the forthcoming annual Rwanda investment conference and expo. The conference is scheduled for April 19-21.

Local firms look to Morocco for new markets and business partnerships

Fifty local private sector members will next month head to Casablanca in Morocco to explore trade and investment opportunities in the north African country.

KCB Bank pledges more support to Genocide survivors


KCB Bank Rwanda, through its KCB Foundation, has donated Rwf2 million to the Kigali Genocide Memorial Centre in Gisozi, Nyarugenge District.

Local bourse closed today

The Rwanda Stock Exchange (RSE) will remain closed because today is Easter Monday public holiday. Business will resume tomorrow, according to a notice issued by the RSE on Thursday.

US buyers to host key specialty coffee marketing, cupping event in Rwanda


Global specialty coffee buyers and promoters will in June converge in Kigali as the country’s hosts one of the biggest coffee marketing and cupping events.

Angola moves to control capital outflows

LUANDA – Angola may bring back a rule requiring importers to pay insurance locally instead of abroad for imports, as part of measures aimed at controlling the outflow of capital.

Local insurer unveils micro insurance products for SMEs


Small business owners, cooperatives and low income earners will now find it easier to acquire insurance cover for their enterprises and other things, thanks to new micro-insurance products unveiled by...

Prices of tomatoes, peas increase in Kigali


Prices of some foodstuffs continue to increase in most markets across Kigali city and suburbs, a mini-survey by The New Times indicates. Tomatoes now cost Rwf900 per kilogramme in Kimironko...

MTN Rwanda staff donate Rwf9m to Genocide survivors in Nyamagabe


MTN Rwanda staff have donated Rwf9 million to Genocide survivors in Tare sector, Nyamagabe District in Southern Province as part of activities to commemorate the 1994 Genocide against the Tutsi.

Bond market rakes in Rwf52.3m turnover


The bond market pushed Rwf52.5 million worth of bonds during yesterday’s trading session bringing in close to Rwf52.3 million in total turnover, the Rwanda Stock Exchange (RSE) daily market report...

Why targeted support in agric sector will spur exports growth


There is currently a drive to diversify agriculture exports, and National Agriculture Exports Board (NAEB) is already promoting horticulture, including flower farming and growing of fruits, to achieve this objective.

Meet Bambanze, a genocide survivor turning leather into profit


When Felicien Bambanze came to Kigali at the beginning of 1994 to look for a job, he was full of hope and ambition. The trained leather maker was lucky to...

Off-grid solutions key to achieving universal access to energy - Ignite chief


Government plans to increase off-grid power generation to 22MW by 2018, up from 8.75MW presently. To realise the objective, government attracted a number of renewable energy firms, including solar power...

Rwanda’s inflation rate eases to 7.7% in March

Rwanda’s consumer price index (CPI), which the country uses to gauge inflation, eased to 7.7 per cent in March year-on-year, down from 8.1 per cent registered in February.

Ignite Power lights 560 homes in Eastern Province


About 560 vulnerable families in Eastern Province have been connected to off-grid power, thanks to collaboration between the Energy Development Corporation Ltd (EDCL) and Ignite Power, a local solar power...

Govt gives extension staff 40 motorcycles worth Rwf100m


More farmers will now be able to access extension services following the hand over of 40 motorcycles by government to agronomists as part of efforts geared at increasing agriculture production.

Kenya coffee price declines by 16% on low quality beans

Nairobi – The price of coffee declined by 16 per cent at the Nairobi Exchange last week as low quality beans take a toll on the value.

Oil price rises after US strike on Syria


LONDON – The price of oil has hit its highest level for a month in response to the US military’s missile attack on a Syrian government airbase. The price of...