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...

Local firms sign trade deals with Moroccan companies


Local businesses have signed trade and partnership deals with Moroccan counterparts, further strengthening relations between the two countries.

AfDB, Islamic bank sign agreement to fund energy, SMEs

The African Development Bank (AfDB) and the Islamic Development Bank have signed a landmark financial agreement to support projects in energy, agriculture and SME sectors on the continent.

Scarcity pushes up tomato, carrot prices in Huye


Huye residents will have to dig deeper into their pockets to buy tomatoes and carrots following increase in prices for the two products.

Mobisol launches TV set with inbuilt solar system


Are you a TV lover or are you tired of paying high power bills? Well, you need not worry any more following the launch of a new TV set that...

WorldRemit in partnership with telecoms to facilitate mobile-to-mobile transfers in Tanzania

Dar es Salaam - WorldRemit is partnering with leading mobile money operators to increase mobile-to-mobile remittances and unlock the millions lost in sending money to Tanzania from around the world.

Renewed drive to increase power generation capacity


the Energy Development Corporation Limited (EDCL) is promoting a diversified power generation strategy to ease access to electricity and increase the country’s generation capacity, Emmanuel Kamanzi, the managing director, has...

Zim beats tax collections target, raises FY forecast

HARARE – Zimbabwe collected $1.8 billion in taxes during the first six months of this year, exceeding its target by 8 percent, while its full-year forecast has been revised up...

Kenya central bank intervenes in forex market to support shilling

nairobi/Kampala – The Kenyan central bank pumped dollars into the market yesterday after the shilling weakened and threatened to break past the psychologically important level of 104.00, traders said.

Eastern Province grapples with drop in milk production


Mutesi, a resident of Kabarore town in Gatsibo District, looks worried as she waits for milk at Kibondo Dairy Farmers Cooperative. The cooperative run out of supplies, and Mutesi and...

Meet Umuhorakeye, a law graduate who ventured into shoe-making


Marie Jeanne de Chantal Umuhorakeye, a young entrepreneur in Kigali, had a grand plan on how to manage her life after school. According to the plan, after completing law school,...

Rwanda’s inflation rate slows to 4.8% in June


Rwanda’s inflation rate dropped to 4.8 per cent in June compared to 6.5 per cent recorded in May, the National Institute of Statistics of Rwanda monthly consumer price index (CPI)...

Musanze student makes biofuel from sweet potato peelings


when jean Paul Ntezimana, a final year student of agriculture and food processing at Musanze Polytechnique, started working on his final year project, he didn’t realise that he had pressed...

Industrial sector growth projected to improve despite slight drop in Q1


the slight decline of the industrial sector growth during the first quarter of the year should not be cause for alarm; the development also reflects the general performance of the...

Visiting Belgian students laud PSF efforts in promoting young entrepreneurs


The Private Sector Federation (PSF) has been lauded for its role in promoting young entrepreneurs and advocating for a conducive environment to do business in Rwanda.

EAC exchanges call for fast-tracking of capital markets integration to atract more investors


The east African Securities Exchanges Association (EASEA) has commended the current developments on the regional infrastructure and tasked its technical committee to fast-track implementation of the capital markets infrastructure to...

MTN’s MoKash mobile loans hit Rwf260m in first half of the year

More Rwandans can now access micro-loans thanks to new initiatives by telecom firms. Already, micro-loans worth Rwf260 million were disbursed by MTN Rwanda under its MoKash platform during the first...

Eastern Province private sector members urged to invest in irrigation schemes


Private Sector Federation (PSF) members in Eastern Province have been urged to utilise the available chances to invest in irrigation and other water projects.

Informal sector devt: Challenge for inclusive growth strategy in Rwanda


inclusive growth is one of the strategies of government of Rwanda to reduce poverty and inequality. Vision 2020 Umurenge is a pro-poor social protection programme under the country’s growth blueprint,...

Ruhango residents urged to save with SACCOs

Residents of Ruhango District have been urged to save if they are to improve their lives and also contribute to national development.

Rwanda gets Rwf136bn to fight poverty, boost trade


Rwanda and the United Kingdom, through the Department for International Development (DFID), have signed a development partnership agreement worth Rwf136 billion to fast-track the country’s development initiatives and spur growth....

COPEDU moots additional share issuance to raise investment capital


COPEDU, a local micro-finance institution, plans to issue members additional shares to boost its capital and enable them to invest in activities and technologies that will further improve their operations...

RSE moves to sharpen skills of stock market players


The local stock market has moved to improve the capacity of financial market stakeholders to enhance efficiency and create awareness about the sector. Under a deal signed between the Rwanda...

BDF tips on savings culture, self-reliance


Rwandans have been urged to save as part of efforts to support government efforts to develop the country and ensure self-reliance. Albert Mugisha, the corporate relationship officer at Business Development...

Rwanda Decides