RwandAir acquires aircraft, to start two new routes

RwandAir has acquired two Boeing 737-700NG aircraft to boost its fleet. Robert Nsinga, the RwandAir senior marketing manager, told The New Times yesterday that the two Boeing 737-700NG planes would...

Private sector roots for free movement of labour

The east African Community (EAC) partner states should expedite implementation of free movement of labour to spur trade and other economic activities, especially in the service industry, the private sector...

Minister tips ICT industry to drive growth


The growth of information communication technologies will increase employment and boost the country’s competitiveness and economic growth overtime,” Jean Philbert Nsengimana, the youth and ICT minister, has said.

Uganda sees improved coffee output next season

Kampala – Heavy rains in Uganda are expected to produce a rich coffee harvest between June and September and could see the country beat its export forecast of three million...

Immigration and emigration dept is best service provider – survey

The directorate of immigration and emigration is the best service provider in Rwanda, a survey conducted across the public and private sectors has indicated.

Flower sector players moot strategies to spur growth


Like a drunken man, who cannot identify the path that could lead him home, local flower farmers are caught in a tangle, growing flowers that are not market-driven. This has...

Small and medium businesses weighed down by client debts- survey

The majority of the small-and-medium firms (SMEs) in Rwanda are struggling to stay afloat because their working capital is tied up in debts.

Insurance industry grows by 36 per cent


The insurance sector grew by 36 per cent between 2011 and 2012, according to the latest National Bank of Rwanda monetary policy and financial stability statement released by the central...

Accountants body rewards top students

The Institute of Certified Public Accountants of Rwanda (ICPAR) has recognised 13 students, who excelled in the 2012 Certified Public Accounting exams.

Central bank maintains key discount rate at 7.5 per cent

The central bank has maintained the key repo rate at 7.5 per cent. The repo is the discount rate at which a central bank repurchases government securities from commercial banks,...

Bank of Kigali unveils visa cards for rural clients


Bank of Kigali has unveiled Visa cards for its rural clients as one of the interventions aimed at taking services nearer to the people.

Somali government starts talks with regional investors


Nairobi – The Somali government has started talks with East Africa Chamber of Commerce, Industry and Agriculture (EACCIA) as it seeks to attract regional investors to help rebuild its economy.

MTN CEO visits

The MTN Group president and chief executive officer, Sifiso Dabengwa, has visited Rwanda and promised the firm’s commitment to providing a distinct digital service to subscribers.

‘Taxes, erratic power crippling businesses’

High power charges, the lack of skilled manpower and unfair tax policies and complex procedures are crippling businesses, the private sector has said.

City furniture dealers lose millions, thanks to power blackout


A local timber and furniture co-operative in Gisozi, Kigali has lost an estimated Rwf15m in revenue after experiencing a three-day power blackout.

EALA MPs advise on standards legislation

There is need to enforce the law on competition and standards to ensure standardisation and quality of products produced or traded in the region, the East African Legislative Assembly (EALA)...

Experts call for caution on EAC monetory union


The east African Community (EAC) member states could sign the Monetary Union Protocol by the end of this year, but experts are cautioning against rushing the process.

BCR records 36 per cent profits before tax

Commercial bank of Rwanda (BCR) registered Rwf5.9b profits before tax last year, which was an increase of 36 per cent compared to the previous year.

City traders cautioned on standards, customer care


As the world marked the World Consumer Rights Day on Friday, officials from the trade ministry and standards body made a surprise visit to Kigali’s business hub, where they urged...

Habyarimana’s wheelbarrow of fortune


They say that tough times call for hard decisions. When 31-year-old Innocent Habyarimana’s parents died years ago, there was no way he was to live life ‘as usual’. He had...

Businesses urged to use alternative justice system


The Kigali International Arbitration Centre (KIAC), an initiative that provides an alternative business dispute resolution system, has started a drive to encourage enterprises to embrace other means of conflict resolution.

Rwf95m for ICT in education


The government’s efforts to promote ICT usage in all spheres of life have received a boost with international electronics firms, Samsung and Intel Corporation donating an assortment of solar-powered computers...

Govt targets Rwf268b from mineral exports


The mining sector is steadily becoming one of Rwanda’s biggest foreign exchange earners, fetching $136.6m (about Rwf86.7b) last year, only bettered by tourism.

Paying tax is a virtue, says Kicukiro mayor

Taxpayers in Kicukiro district have been urged to pay taxes in time to avoid derailing development projects in the area.