Cashless economy push boosted as new e-payment platform is launched

plans to achieve a cashless economy and financial inclusion in Rwanda could be boosted further, thanks to the launch of a new electronic payment system.

Green growth: Why tea processors should switch from wood fuel to gas

tea factories will be able to embrace gas in their production processes once the ongoing studies on alternative energy for domestic and commercial use is completed and implemented, a top...

Standards watchdog maintains tough stance on closed dairy firms


the Rwanda Standards Board (RSB) has vowed to continue with the crackdown on uncertified dairy products makers.

Bana: How BDF turned former bicycle repairer into a millionaire


Fifteen years ago, Emmanuel Bana was a struggling young man who earned a living from repairing bicycles. However, the resident if Ruhuha, Bugesera District has defied the odds to become...

Why LDCs must be wary of consumption-based growth


Rwanda’s consumption expenditure has been growing since 2000, indicating an increase in the contribution of consumption expenditure to the country’s Gross Domestic Product (GDP).

How Ndahaya's savings changed his life


Before Conrille Ndahaya, a taxi-moto operator, got his current job he used to live from “hand-to-mouth” since he earned a living by doing menial work.

New policy will reduce delays in procurement process of AfDB-funded projects, experts say

Contractors will now be able to process tender applications faster and easily, thanks to a new policy that seeks to enhance efficiency and reduce delays in the procurement of goods...

How religious tourism is benefiting youth and women in Ruhango


Every first week of the month, believers from the Catholic faith in Ruhango District make a pilgrimage to a place commonly known as Kwa Yezu Nyirimpuwhe for prayers and worship.

How mushroom growing has changed lives of rural women in Gisagara


it is said that two heads are better than one. This is exactly what is happening after women from Kibirizi Sector, in Gisagara District came together six years ago and...

Low activity on the bourse

The bond market pushed Rwf3 million worth of bonds at Rwf103.7 traded in one deal, the Rwanda Stock Exchange daily market report indicates. The equity market was quiet. Consequently, the...

Rulindo co-op, Kenyan firm sign deal to expand flower production


The flower sector is set to regiter an increase in production following the signing of a partnership deal between a Kenyan investor, Florammat Limited, and Terimberemukoto Farming Cooperative.

New initiative to fund smallholder farmers launched

The International Finance Corporation (IFC) and the Global Agriculture and Food Security Programme (GAFSP) are going to launch smallholder farmer financing programmes with the United Nations World Food Programme (WFP)...

Cross-border women traders call for friendly operating environment


cross-border women traders have called on the government to support them and also improve the trading environment.

South African Reserve Bank expected to hold repo rate at 7%

South Africa’s Reserve Bank is expected to leave interest rates unchanged at its July 20 meeting, according to a Reuters poll released on Monday, but economists expect a dovish statement...

Kenya central bank assures public as forex reserves drop

NAIROBI – Speculators against Kenya’s shilling in the run-up to national elections should “chill”, and a fall in its foreign exchange reserves is no cause for alarm, the head of...

Kigali hotel and aviation summit projected to generate over Rwf1.5bn


the African Hotel Investment Forum (AHIF) scheduled for October is projected to generate more $1.8 million (over Rwf1.5 billion), which was earned from last year’s summit held in Kigali.

New platform to promote customer service launched


A new platform has been launched to support efforts geared at improving service delivery in country as well as encourage discussion on related issues. Initiated by The ServiceMag, ‘Conversations at...

Foodstuff prices drop in Kigali


Prices for most foodstuffs, especially vegetables, have generally decreased in Kigali city and suburbs, a mini-survey by Business Times indicates.

Ruhango youth leaders urged to promote TVET

Youth leaders in Ruhango District have been urged to promote Technical Vocational Education and Training (TVET), especially among high school dropouts as one of the ways that could help skill...

Former porter minting millions from metal fabrication, thanks to BDF support


the mastery with which he uses the tools is amazing as he puts final touches on one of the windows, his workers are getting set to deliver to a client....

Traders make a 'killing' from selling political party paraphernalia


It is a hot Friday afternoon and many enthusiastic supporters of parties vying for the August 3-4 presidential election are busy checking out different products with their party colours. Products...

When party colours attract more customers

When the campaign period officially opened on Friday, Viateur Ntakirutimana, who runs a phone charging business at M-Peace Plaza, decided to paint his kiosk in Rwanda Patriot Front (RPF) party...

Farmers urged to embrace agriculture mechanisation


SMALL farmers in Nyagatare District, Eastern Province have been urged to embrace modern methods of agriculture to improve output and produce in a sustainable manner.

How local manufacturers, SMEs can penetrate new export markets


rwanda continues to look for new export markets besides encouraging local consumption under the Made-in-Rwanda campaign initiated by the Ministry of Trade, Industry and East African Community Affairs and the...