Three win big in UEFA Euro 2008 predictions

Tele 10, a local media company in conjunction with eXpand media have awarded prizes to winners of a recent contest to predict the 2008 Euro Cup winner and final score...

Riepa launches Frw163 million export fund, guide

The Rwanda Investment and Export promotion Agency (Riepa) launched an export guide and also unveiled a $300,000 (Frw163.65 million) fund for export promotion and competitiveness.

IFC pledges support to CMAC

The Capital Market Advisory Council’s regulatory capacity will improve, thanks to an agreement between the Rwandan government and the International Finance Cooperation to develop an appropriate legal and regulatory environment...

2008 Expo: 20,000 expected

Organisers of the 11th Annual Rwanda International Trade Fair hope to attract more than 20,000 visitors per day to Gikondo grounds, exceeding last year’s numbers.

Erratic ATMs: Simtel to sign contract with banks

Simtel, Rwanda’s National Inter-bank network for electronic payment system, will this month sign a service level agreement (SLA) with commercial banks, formally defining their services and responsibilities to Automated Teller...

Real estate investments to boom—Riepa

The real estate investment sector is expected to grow with help from the expertise of mortgage brokerage firm Amani Holdings, Rwanda Investment and Export Promotion Agency (Riepa) says.

Bralirwa to introduce sugarless Coca Cola

With some customers becoming sensitive to sugared beverages because of their health, Brasseries Et Limonaderies—Bralirwa is planning to introduce Coke Zero on the Rwandan market.

Ecobank launches Western Union

ECOBANK Rwanda in partnership with Western Union America, launched its Western Union service in Kigali.

Conservatives tip CMAC on making Rwanda bourse vibrant

The Rwanda Capital Market Advisory Council (CMAC) needs market makers to create liquidity on the Rwanda Over the Counter Market, say some British Conservative Party members.

Minicom lauds cooperatives

Food cooperatives have played a big role in ensuring steady food production for Rwandan citizens, says Commerce Minister Monique Nsanzabaganwa, commending their efforts in the fight against a global food...

Professionals launch a Prosave cooperative

Professionals in the country have launched a cooperative to encourage a “saving culture,” targeting $1 billion (Frw545.3 billion) over time as capital.

Bralirwa increases beer and soda prices

BRALIRWA, the only soft drinks and beer manufacturing company in Rwanda, has hiked prices of its products, some by Frw200.

Privatisation of Rwandair hits snag

The privatisation of Rwandair has been stalled after Brussels Airline, which had emerged as the highest bidder, failed to submit its financial proposal.

Investors in agriculture sector to be insured

In order to help alleviate poverty in rural areas, the Rwandan government is partnering with the country’s insurance companies to attract more investments in the agricultural sector.

BCR introduces Internet, SMS banking service

Commercial Bank of Rwanda (BCR) clients can now make deposits, withdrawals and pay bills with the click of a mouse.

Rwanda to host East Africa International Business Forum

Rwanda is set to host the two-day East Africa International Business Forum on Oct. 29 where international business leaders will discuss new investment opportunities in the region.

Governor confirms KCB to come to Rwanda

Kenya Commercial Bank has met the Rwanda Central Bank’s requirements to operate in the country. It hopes to begin carrying out business early next year, says the Central Bank Governor....

FESPAD art exhibition starts off on low key

As part of this year’s dance festive event, FESPAD organized an art exhibition that started Tuesday at Amahoro stadium in Remera. Many artists are however complaining that sales have been...

Rwanda food production improving—2007 report

Food security improved in the second half of 2007 by five per cent during the same period in the last five years, says a report.

Nakumatt chain shore to open in two weeks

Although there was a delay in the opening of Nakumatt, a leading chain store in Kenya, a consignment of assorted products have already been shipped to the Kigali branch.

Crackdown on substandard fuel dispensers kicks off

The Rwanda Bureau of Standards (RBS), an agency charged with controlling standards of specialized products in the country has started a major crackdown on substandard weights, beginning with the verification...

Cimerwa to construct Frw27.4b cement plant

Cimerwa, the country’s sole cement factory, is planning to construct a $50m (Frw27.4b) plant in Bugarama, to meet the increasing demand of cement in Rwanda.

Coffee farmers to join global coffee association

Rwandan coffee farmers will now have better access to international markets because of its membership in the Common Code for the Coffee Community (4Cs) a global coffee association.

12 butcher shops closed

After several warnings about poor hygiene, Rwanda Animal Resources Development Authority (Rarda) has closed a total of 12 butcher shops around Kigali City.