Editorial

BNR lending rate cut timely, good for economy

The National Bank of Rwanda (BNR) has relaxed its key repo rate by half a percentage point to 6.5 percent after holding it at 7 percent since June 2013. In adjusting its monetary policy instrument, BNR is responding to the demand for more liquidity to breathe new life into recovering economic...

Friday, June 27, 2014 - 12:00am

Investigate alleged leaking of EJVM report

WHEN MONUSCO, the UN peacekeeping mission in the Democratic Republic of Congo (DRC) announced – with a lot of fanfare –last month, that the FDLR militia would begin to disarm, there was a lot of skepticism in the air. That was very familiar territory. The militia group that has found...

Wednesday, June 25, 2014 - 12:00am

Railway project demonstrates region’s resolve on integration

After almost a year of planning for the interstate standard gauge railway, Rwanda and Uganda have finally hired consultants to design the Kigali-Kampala line. This is one of the major infrastructure projects under the tripartite initiative that aim to fast-track integration projects by Rwanda,...

Tuesday, June 24, 2014 - 12:00am

We need to invest more in research

THE Rwf340 million released by the United Nations on Friday to help in the construction of a regional centre of excellence on biodiversity and natural resources management at the University of Rwanda’s College of Arts and Social Sciences (CASS) in Huye is a significant step toward improving...

Monday, June 23, 2014 - 12:00am

FDLR should not be allowed to fool the world

A couple of weeks ago, the DR Congo-based Democratic Forces for the Liberation of Rwanda (FDLR) genocidal group announced that it had decided to voluntarily disarm and abandon its violent campaign. The terrorist organisation went on to sanction the disarmament of a few dozens of its junior...

Sunday, June 22, 2014 - 12:00am

Where will Mitterrand’s cohorts hide when French youth catch up with them?

FRANÇOIS MITTERRAND was cunning. With treachery and anarchy, he left ashes and widows and violently disrupted society. The tears of millions of Rwandans over their loved ones who were butchered before their eyes meant nothing to Mitterrand and his government. To chalk it up, they continued...

Friday, June 20, 2014 - 12:00am

Raising education standards is a matter of urgency

Early this month, the Inter University Council for East Africa (IUCEA) released a very disheartening report: half of all graduates in East Africa were unqualified. Coming from a body that was set up to regulate higher education in the region, the report is very damning.  It paints a gloomy...

Friday, June 20, 2014 - 12:00am

We have a lot to learn from RDF

Preparatory activities ahead of the 20th Liberation Anniversary, on July 4, were launched on Tuesday in earnest, setting the mood for a grand celebration of the country’s dramatic rise from ashes. A day after the country paused to remember the children slaughtered during the 1994 Genocide...

Wednesday, June 18, 2014 - 12:00am

Consolidate Saccos into a cooperative bank

Finance sector regulator, the National Bank of Rwanda (BNR), is in consultations with stakeholders to consolidate management of the hugely successful Savings and Credit Cooperative organisations, Umurenge Saccos. The plan is to merge management at district or provincial level to form some kind of...

Tuesday, June 17, 2014 - 12:00am

We should not compromise on service delivery

FOR six months now, Gasabo District has not had a public notary and this has led to a backlog of land documents which are gathering dust at the district. Currently for anyone in Gasabo to make any land transactions, they have to wait until the notaries from the neighbouring districts of Kicukiro...

Monday, June 16, 2014 - 12:00am

Financial discipline essential for personal devt

ON SATURDAY, the First Lady, Jeannette Kagame urged Rwanda youth to handle finances responsibly so as to develop a healthy relationship with money and ensure frugal utilisation of scarce resources. Mrs Kagame made the appeal while launching the 21st edition of the Imbuto Foundation Youth Forum...

Sunday, June 15, 2014 - 12:00am

Citizen participation in national projects is vital

THE 2014/15 national budget presented to parliament on Thursday earmarked infrastructure financing as a key tool to boost exports as the country embarks on the second year of implementing the Second Economic Development and Poverty Reduction Strategy (EDPRS II), a five-year development roadmap....

Friday, June 13, 2014 - 12:00am

Enjoy the World Cup responsibly

EUPHORIA HAS never been the best friend of sanity in society. The World Cup is arguably the biggest test of the social façade as booze and frenzy team up with, lately, betting, to make the soccer extravaganza a long month to forget for many. Families suffer a lot of differences during the...

Thursday, June 12, 2014 - 12:00am

DRC provocations unacceptable

CLOSE OBSERVERS of the Great Lakes region saw it coming; they were not duped by the Democratic Forces for the Liberation of Rwanda’s (FDLR) comedy of laying down their arms. It was all part of an elaborated attempt to launder the image of the blacklisted militia group. The reluctance by the...

Wednesday, June 11, 2014 - 12:00am

More needs to be done to address skills shortage

Shortage of skilled manpower continues to be a thorn in the flesh of many sectors in the economy. The latest to voice this concern is the mining industry, where the private sector and the government depend on just a handful of geologists and mining engineers. The miners say lack of qualified...

Tuesday, June 10, 2014 - 12:00am

The national football team can do better

RWANDA jumped 15 places in the latest Fifa rankings from 131st to 116th position globally. This is proof that the national team has the potential to move to greater heights. In the past, Rwandan football has struggled to make significant strides because of poor administration yet the country...

Monday, June 9, 2014 - 12:00am

Acting against terrorists is not abuse of human rights

WHILE ADDRESSING residents of the Northern and Western provinces in Nyabihu District last week, President Paul Kagame said those who compromise the security of Rwanda will be dealt with decisively. Unsurprisingly, news headlines wasted no time ignoring the context and spinning the message to...

Sunday, June 8, 2014 - 12:00am

Fire fighting services should be decentralised

CONCERNS RAISED by Members of Parliament regarding the decentralisation of fire fighting services should be addressed urgently. Over the last six months, we have had 38 cases of fire outbreaks in the country while last year Police recorded 84 cases. In all these incidents, property worth millions...

Friday, June 6, 2014 - 12:00am

The government is answerable to its citizens

WHEN THE government was taking oath of office, it swore to provide the basic needs of citizens, ensure sovereignty and maintain peace and tranquility needed for the citizens to live and prosper.  There was never anything like “fulfilling the self-appointed oversight demands of a...

Thursday, June 5, 2014 - 12:00am

Unbundling BRD should boost long-term funding

IN NOVEMBER, the banking sector will witness another milestone as Atlas Mara Ltd takes over the commercial division of the Development Bank of Rwanda (BRD). Rwanda’s banking sector is attracting new investors largely because the economy continues to  post strong growth, even during the...

Wednesday, June 4, 2014 - 12:00am