Nigerian firm, BlackPace takes over local potato chips maker

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BlackPace Africa Group, a Nigerian and Switzerland-based firm, has bought Ndiyo Business Group, a major producer of salted chips in Rwanda. Paul Andrew Olusegun, the chairman of BlackPace Africa, said...

Birungi quit a well-paying corporate job for commercial farming

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For many a graduate, landing a government or corporate job is a dream come true. With an assured source of income and incentives that come with such a job like...

How commercial agriculture has transformed Nyagatare farmers

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About three years ago, it was hard for farmers in Kagitumba, Nyagatare District to get seeds on time and at affordable prices. This situation often resulted into poor yields and...

Small businesses tipped on access to funding ahead of continental SME and banking forum in Kigali

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Most small-and-medium enterprises (SMEs) fail to get credit from financial institutions because of poorly designed or incomplete business proposals and lack of capacity to manage loans.

Meet the retired soldier making millions from potato growing

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It is a beehive of activity as workers load sweet potato vines on a Fuso truck at one Jean Marie Vianney Habumuremyi’s gardens. The farmer at first did not notice...

Labour market reforms needed as Africa seeks to attain decent work environment

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Currently, Sustainable Development Goals (SDGs) are guiding the long-term development strategy of developed and developing countries. Goal 8 of SDGs aims at promoting sustained, inclusive and sustainable economic growth, full...

Relief as KCB Bank donates five water tanks to Bugesera residents

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KCB Bank Rwanda staff in partnership with World Relief Rwanda, an NGO involved in provision of clean water, have donated five water tanks to Bugesera residents as part of the...

Support small seed multiplication firms to ease access to improved planting materials, experts say

There is need to promote small seed multiplication companies in the potato value chain to ease access to improved planting materials and also help reduce cost of seeds, potato breeding...

CMA urges public, corporate workers to invest on the bourse

Government and corporate company employees have been urged to save and invest through the local stock market to secure their financial future as well as support national development efforts.

Market capitalisation drops to Rwf2.92 trillion

The index for local counters dropped 1.08 points yesterday to close at 132.40 points compared to 133.48 on Friday.

What to expect at the forthcoming Made-in-Rwanda annual exhibition

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Showgoers should expect better and innovative products at the forthcoming Made-in-Rwanda exhibition later this month, Private Sector Federation (PSF) has said.

Airtel Tunga promo motorcycle winner used Rwf45,000

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For an investment of only Rwf45,000, Jane Uwanyirigira is now an of a brand new motorcycle. The resident of Rugunga in Nyarugenge District emerged the seventh winner of a motorcycle...

KCB Bank unveils mobile micro-credit facility

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It will now be easy for KCB Bank Rwanda customers to access small loans to cater for emergencies or restock thanks to the bank’s new mobile credit facility. Speaking at...

MTN in new campaign to deepen financial inclusion

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MTN Rwanda will dedicate this year’s Mobile Money Month to support efforts towards financial inclusion. Speaking at the launch of the 2017 edition of its annual event, Norman Munyampundu, the...

Embracing digital facilities will boost domestic savings - experts

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Last week, Cogebanque and MTN Rwanda signed a partnership deal that will enable the bank’s customers to withdraw or deposit money on the accounts using mobile money. The “Push&Pull” digital...

Rwanda share index up by 5.1% on bullish BK and Bralirwa counters

The index for local counters recovered from a 0.13 per cent on Tuesday to record 5.07 per cent gain yesterday, the Rwanda Stock Exchange (RSE) daily market report indicates. The...

BPR looks to fintech to ease access to credit, spur growth

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BPR has pledged to introduce more innovative digital products to boost access to credit. According to Prof Njuguna Ndung’u, the BPR by Atlas Mara board chairman, digitising the banking industry...

Tigo staff donate medical insurance to 500 vulnerable residents of Burera

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Tigo Rwanda staff joined residents of Kayenzi, Kagogo sector in Burera District to make trenches for water pipes during the monthly community service commonly known as Umuganda.

A strong savings culture will ultimately lead to lower interest rates, says BK’s Diane Karusisi

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The National Savings Week (NSW) 2017 closed yesterday. The Ministry of Finance-led awareness campaign involved key stakeholders such as commercial banks and microfinance institutions and the Capital Market Authority to...

VIDEO: How Rwanda can meet domestic savings targets

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The government is targeting to increase national savings ratio to 20 per cent of the country’s gross domestic product (GDP) in the next three years. Currently, Rwanda’s savings stand at...

Semugeshi mints millions from organic garlic growing

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When Emmanuel Semugeshi started growing garlic on a commercial basis 15 years ago, he was not sure that the venture could become a cash cow. Many people associate garlic with...

Rwamagana district officials urged to save and invest on the bourse

Rwamagana District officials have been urged to save and invest through capital market to safeguard the future and that of their families and support the country’s development initiatives.

KCB Bank Rwanda steps up efforts to deepen savings culture

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KCB Bank Rwanda has stepped up efforts to promote a savings culture in the country by encouraging the general public to adapt a savings culture to be able to make...

EA business council, experts call for uniform ICT, e-commerce policies

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Regional business leaders and experts have called for harmonised Information Communication Technology (ICT) and e-commerce policies, saying this would help fast-track socio-economic development in East Africa.