RwandAir’s planned flights to China will spur trade and tourism - business leaders


Plan by RwandAir to start flights to Guangzhou, China mid-this year will facilitate trade and boost tourism, government and private sector officials have said.

KCB pledges more digital products as lender launches 10th anniversary activities


KCB Bank Rwanda has pledged to bring to the market more digital products to help deepen financial inclusion and boost cashless economy.

Microfinance body embraces technology to ease service delivery


The microfinance (MFI) sector is looking to technology to improve service delivery and consumer protection practices. According to the Association of Microfinance Institutions in Rwanda (AMIR), the move will help...

Rwanda’s coffee export revenue rises on good global prices

Good prices on the global market boosted Rwanda’s coffee export revenue during the first 11 months of the last year despite a drop in volumes, the National Agricultural Export Board...

Flower firm targets local market to increase revenue


Rwanda’s flagship floriculture project, Bella Flowers, is looking to increase export earnings threefold on the back of increased acreage. Gopal Patil, the Bella Flowers farm manager and acting CEO, said...

Tea exports rake in Rwf67bn during first 11 months of 2017

Rwanda's tea export receipts increased to $78.1 million (about Rwf67.2 billion) during the first 11 months of 2017, up from nearly $57.4 million (Rwf49.4 billion) during same period in 2016,...

Hike in motor vehicle insurance prices good for everyone - ASSAR


Insurance companies announced an increment of 73 per cent for mandatory motor third-party insurance premium that was implemented effective January 1, 2018 for both public and private vehicles.

How tea growing is transforming lives of rural women in Nyamagabe


It’s a beehive of activity as a group women move back and forth ferrying bags of freshly picked green leaf tea from their plantations onto a waiting delivery truck. The...

Iterambere Fund grows by 38% to Rwf1.45bn in 2017


Many Rwandans were not familiar with unit trusts as investment vehicles about two years ago. This was, however, to change when government mooted the RNIT Iterambere Fund whose initial public...

Local musicians deserve better working conditions, pay


Let’s face the music. It is time that we have a candid understanding of the sacrifices behind the live entertainment scene and the working conditions of musicians in Kigali.

Farmers urged to be vigilant following December armyworm attack in Bugesera


Farmers in Eastern Province have been urged to be on the lookout following an outbreak of the army worm pests in Bugesera District.

Index for local counters inches up marginally

Rwanda Share Index for local counter went up marginally during Monday’s trading session to close at 135.37 points on Friday, the Rwanda Stock Exchange (RSE) daily market report indicates.

MTN in Rwf17bn upgrade to improve connectivity and efficiency


mtn rwanda subscribers will soon start enjoying enhanced and more efficient connectivity, thanks to ongoing network upgrade.

Mobisol customers win bikes, smartphones in ongoing 'Nezerwa na Mobisol' promo


Twelve customers have won a range of prizes, including sports bikes and smartphones, in the ongoing Mobisol ‘Nezerwa na Mobisol’ promotion.

Relief as Nyamasheke gets Rwf10.5bn tea factory


Tea growers in Nyamasheke District will no longer have to worry about where to sell their produce following the opening of multibillion factory in the area.

Rwanda’s inflation rate slows to 0.7% December year-on-year


Rwanda’s inflation rate was recorded at 0.7 per cent year-on-year in December 2017, lower than 7.3 per cent during same period in 2016, on the back of declining vegetable and...

East Africa Islamic economy summit to focus on financial technology

East Africa’s fairly developed infrastructure and communication sector, a young educated tech savvy population and their ability to capitalise on technology development provides a great opportunity for the region to...

15 people win smartphones in Equity Bank digital banking competition


Fifteen people have won smart phones in the ongoing Equity Bank digital banking competition. The customers were selected by different local radio stations after answering correctly questions on Equity Bank’s...

Business community calls for review of draft law on insolvency and bankruptcy

The Private Sector Federation (PSF) has called for a review of the 2017 draft law on insolvency and bankruptcy, saying it is silent on some key issues, like how to...

Dairy farmers in Gicumbi decry high cost of feeds


Dairy farmers in Gicumbi District are worried about the high cost of animal feeds, which they say has affected production.

Algeria bans imports of cell phones, vegetables to curb trade deficit

ALGIERS – Algeria has temporarily banned the import of 900 products, including cell phones, household appliances and vegetables, in a bid to cut a ballooning import bill following a fall...

How cashless bus fare payment system has helped public transport companies cut costs


Rwanda is promoting use of different technology-based tools and facilities as it moves to achieve its cashless economy target in the medium-term. The push toward digital has seen a number...

Meet Mukazigama, Gatsibo’s budding agric entrepreneur


When many university students complete their studies, one of their biggest preoccupations is how to land government or corporate jobs. For many, getting white collar jobs is the only alternative...

2017 was pivotal to Rwanda’s push for cashless economy


Rwanda’s Vision 2020 seeks to transform the economy from a cash-based economy to a digital-driven economy, among other targets. To achieve this, the government and central bank have been at...