Business

How young graduate is producing organic fertilisers from earthworms

Dominique Xavio Imbabazi is an engineer based in Musanze District who uses red worms to make manure and earn a living. The graduate of University of Rwanda’s College of Agriculture, Animal Sciences and Veterinary Medicine had an idea of making quality organic fertilizers after writing his...

Tuesday, June 16, 2020 - 10:17am

Inside Rwanda’s 10 multi-billion dollar green projects

Rwanda recently submitted its new national climate plan dubbed “Nationally Determined Contributions (NDCs)”  to the United Nations Framework Convention on Climate Change (UNFCCC). This is part of plans to create essential tools to implement the Paris Agreement to cope with climate...

Tuesday, June 16, 2020 - 1:09am

Nuts and Bolts: What are the reasons for mergers?

Early 2019, one of the oldest insurance companies in Rwanda, SORAS Group, was merged with Sanlam, a South African insurance company. Sanlam entered the Rwandan market by acquiring 63 per cent stake in SORAS Group in 2014. It was followed by the acquisition of the remaining 37 per cent in 2017,...

Tuesday, June 16, 2020 - 12:10am

Cybercrime on the rise, how vulnerable are you?

The coronavirus pandemic and the measures to curb it around the world, have led more people to work from home and consequently spending hours online each day and increasingly relying on the internet to access services that were normally obtained offline. This, according to experts, has increased...

Tuesday, June 16, 2020 - 12:09am

Young entrepreneur develops e-commerce

A 28-year-old graduate from College of Education at the University of Rwanda has developed an application dubbed “IsokoNyarwanda” with aim to facilitate e-commerce for Made-in-Rwanda products and other products. He is part of many entrepreneurs that have realised the potentials...

Tuesday, June 16, 2020 - 12:08am

Bold vision and solar power, equals water

Last week, we discussed the effects that water has on (almost) every aspect of our lives, including health, economics, agriculture, education, and even gender equality. And as such a basic element of our lives, water also presents one of the greatest challenges Africa faces today. With over 300...

Tuesday, June 16, 2020 - 12:06am

Nuts and bolts: What is blockchain and how does it work?

Among the latest trends in technology that are fast changing the world as we knew it is Blockchain. While blockchain has multiple technologies and uses stemming from it, global digital currency cryptocurrency is probably the most common. To date, there are over 5,000 cryptocurrencies. Bitcoin is...

Tuesday, June 9, 2020 - 1:03am

Drought-hit farmers to get solar-powered irrigation

Farmers who were counting losses due to dry spells for years could start harvesting vegetables- pepper, eggplants and French beans- thanks to a multi-million solar-powered irrigation along Lake Cyohoha in Bugesera District. Despite living nearby Lake Cyohoha, their crops were always ravaged by...

Tuesday, June 9, 2020 - 1:02am

Agriculture, a low hanging fruit for Rwanda’s growth

About two to three years ago, I attended a conference where one of the speakers passionately spoke about the importance of focusing on the growth of the agricultural sector for Rwanda’s growth. He brought out thought-provoking points but my mind then was bent on the increase of off-farm...

Tuesday, June 9, 2020 - 1:00am

Remittances to Rwanda plummet by 16% in March

There has been an unprecedented decline in the flow of remittances to Rwanda – a vibrant source of money for a section of Rwandan– just as cases of coronavirus surge worldwide and the country grapples with the pandemic. Remittance inflows to Rwanda decreased by 16 per cent in March...

Tuesday, June 9, 2020 - 12:07am

The water sector and win-win opportunities therein

Although some readers might find it hard to believe, the most basic element of our lives is not money! At the very core of all life on earth is a much more fundamental factor, which exists (almost) everywhere and affects (almost) all areas of life: water. Covering about 71 per cent of the Earth...

Tuesday, June 9, 2020 - 12:06am

10 online business opportunities one can start during lockdown

The COVID-19 pandemic has brought about disruptions across the world and is fast causing an unprecedented economic crunch. But a time of crisis can also be a time of opportunity. Although physical interactions have been halted, online connections aren’t. This serves as the best time to...

Friday, June 5, 2020 - 11:30am

Nuts and bolts: How insurance works

Insurance is a contract that transfers the risk of financial loss from an individual or business to an insurance company. The company collects small amounts of money from its clients and pools that money together to pay for losses. Insurance is  protection from possible life risks. The...

Tuesday, June 2, 2020 - 6:06am

How can the 10,000 tonnes deficit in honey production be fixed?

Lack of knowledge and adequate information on beekeeping, use of traditional beehives and pesticide are still the major challenges causing low honey production in Rwanda. According to figures from   Rwanda Agriculture and Animal Resources Development Board, the current production of honey...

Tuesday, June 2, 2020 - 6:02am

How mother of three defied odds to start taxi business

Upon completing her construction course eight years ago, Marie Claire Niyotwagira started working in the sector aware it’s not what she wanted to do for the rest of her life. Having studied construction at school, she worked hard on different sites to accomplish her dream, which was to own...

Tuesday, June 2, 2020 - 6:00am

5 lessons for renewable energy sector from the SpaceX launch

Last Saturday, all eyes were on Florida’s Cape Canaveral base, looking at the launching pad of the SpaceX spacecraft. Two US astronauts sat in the spacecraft, counting the seconds to start their journey. Along the way, they faced several historic landmarks: the first astronauts to launch from...

Tuesday, June 2, 2020 - 12:01am

Investing in post-harvest technologies, a lesson from COVID-19 lockdown

Farmers and other agriculture players have reiterated the need for investing in post-harvest handling technologies to enable storage of produce for a long-term and add value. This, they say, will help avoid losses incurred when farmers sell at giveaway prices due to shortage of market.  The...

Tuesday, May 26, 2020 - 12:43am

Insurance companies rake in Rwf46 billion in 2019

Rwanda’s insurance sector retained earnings worth Rwf46.6 billion last year from premiums and other interest generating activities, thanks particularly to the increased assets of insurance firms. The budget framework paper (BFP) presented last week by the Finance Minister, Uzziel...

Tuesday, May 26, 2020 - 12:42am

Planning on saving for your dream house, what you need to know

Most people’s ideal future involves owning a home. However, it can easier said than done especially for salaried people who often have to budget their income and earnings. The good news is that you can still construct or own your dream house, when you learn the right savings culture according...

Tuesday, May 26, 2020 - 12:40am

How NAEB’s interventions could save Rwanda’s horticulture exports recovery

To resume normalcy of horticulture export, the volumes of weekly exports will have to rise from a  current export capacity of 30-35 Metric tonnes  to between 80-100 Metric tonnes as was the case prior to the COVID-19 pandemic. Following weeks of slowed business activity resulting from...

Tuesday, May 26, 2020 - 12:04am

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