Tigo promotion Rwf5m winner to start piggery project

Reverien Simuganwa had always wanted to set up a pig rearing farm but lacked the means. “In 2013, I tried with two pigs but the project collapsed because I did not have enough starting capital,” he says. However, the 21-year old peasant farmer from Bugesera District will be able to set...

Friday, November 25, 2016, 12:00 AM

Mobile phone penetration rate drops marginally

Rwanda’s mobile penetration rate has dropped marginally to 78.5 per cent in October, 78.6 per cent in September and 80 per cent in August, Rwanda Utilities Regulatory Authority (RURA) monthly report for October indicates. This translates into 8.845 million active subscribers during the month...

Thursday, November 24, 2016, 12:00 AM

Tips on how you can avoid overspending

Have you ever checked your bank balance and wondered where all the money you had ‘disappeared’ to? You could also have had huge wads of cash in your wallet only to discover that a lone note is remaining. All these will always happen as long as you don’t have a spending plan,...

Tuesday, November 22, 2016, 12:00 AM

Local trade fairs ease access to markets - PSF

The government, through hosting both local and international trade shows, helps Rwandan industrialists and other producers to access markets besides promoting awareness about locally-made products, according to Donatien Mungwarareba, a director at Private Sector Federation (PSF). “Such...

Tuesday, November 22, 2016, 12:00 AM

Budgeting mistakes to avoid

For most people, budgeting is a preserve of the government or NGOs. However, that’s outdated thinking that can throw one into poverty, thanks to unplanned expenditure. To help you get into the habit of planning and budgeting for all your money, here are some few guidelines you can follow to...

Tuesday, November 15, 2016, 12:00 AM

Access Bank in partnership with SFH and RBC launch Breast Cancer Awareness Initiative

Photo Caption: Access Bank Rwanda’s Managing Director Karayenzi Jean Claude speaking to the media after the event Access Bank has partnered with Society for Family Health (SFH) and Rwanda Biomedical Centre (RBC) in a breast cancer awareness initiative. This is in recognition that women are an...

Tuesday, November 15, 2016, 12:00 AM

Exhibitors slash prices as Kicukiro District expo opens

Showgoers will be able to enjoy low prices at the ongoing Kicukiro District trade fair that opened yesterday. According to Elijah Karamuzi, the marketing agent of Master Steel, makers of iron sheets, said the move (price cut) is aimed at attracting clients, as well as encouraging shoppers to...

Thursday, November 10, 2016, 12:00 AM

Kicukiro’s inaugural trade fair kicks off today at Gikondo grounds

Kicukiro District’s inaugural tradeshow opens today. The expo, that is targeting only businesses based in the district, has attracted 130 exhibitors, including civil society groups and non-governmental organisations, Angelique Mukunde, the Kicukiro District vice-mayor for economic development...

Wednesday, November 9, 2016, 12:00 AM

How to grow your income and safeguard your financial future

Most an employee will set aside some money every so often to prepare for a rainy day. However, we often meet bumps along the way, such as job loss, sickness and business collapse. That’s why planning for the unforeseen is important to ensure financial security. Experts says saving and...

Tuesday, November 8, 2016, 12:00 AM

Bralirwa sheds Rwf2 in low trade on the bourse

There was low activity at the bourse Tuesday with only the Bralirwa counter trading. The counter, however, shed Rwf2 to close at Rwf138 during yesterday’s session, down from Rwf140 on Monday, according to the Rwanda Stock Exchange (RSE) daily market report. The beverages firm realised a...

Tuesday, November 8, 2016, 12:00 AM

Number of active mobile phone subscribers declines by 1.5% in September

Rwanda’s telephone penetration rate dropped to 78.6 per cent in September, with the number of people owning mobile phones also decreasing to 8.853 million subscribers during the month, from 8.990 million users in August, Rwanda Utilities Regulatory Authority monthly report for active mobile...

Thursday, November 3, 2016, 12:00 AM

Integrate regional exchanges to deepen cross-border trade - expert

East African exchanges should fast-track integration initiatives like the capital markets infrastructure (CMI) project, and create a pool of skilled personnel.  This is essential to position the regional stock market as a platform of choice for raising long-term funding for governments and...

Wednesday, August 17, 2016, 12:00 AM

Use your salary to drive investment goals

You have been working for a couple of years or so, but you do not know how your monthly salary ‘evaporates’ in a few weeks, leaving you susceptible in times of emergencies. Experts advise that one needs to put in place mechanisms to help them safeguard their earnings through secure...

Tuesday, August 16, 2016, 12:00 AM

Expo extended by one more day

Are you a last minute shopper? Well, you have one extra day to go shopping at the ongoing Rwanda International Trade Fair at the Gikondo Show Grounds, thanks to extension of the closing day from today to Thursday, August 11.  Gerald Mukubu, the deputy chief executive officer and the in charge...

Wednesday, August 10, 2016, 12:00 AM

Bralirwa counter gains Rwf12 on the bourse

Bralirwa counter bounced back yesterday gaining Rwf12 lost on Tuesday last week, according to the Rwanda Stock Exchange (RSE) daily market report for Monday. The counter traded at Rwf166, up from Rwf154 previously, recording a total turnover of Rwf82.1 million from 554,200 shares traded in four...

Tuesday, August 9, 2016, 12:00 AM

How expecting mothers can avoid debt trap

It is common to hear some people say that becoming a parent is nowadays an expensive ‘venture’. It is a fact that parenthood means more expenses, which is why one must be fully prepared. So, can expecting mothers avoid falling into the debt trap? Usually, some expecting women are...

Tuesday, August 9, 2016, 12:00 AM

Relief for exhibitors as thousands throng expo

The long weekend provided huge relief for exhibitors at the ongoing 19th Rwanda International Trade Fair with hundreds of showgoers flocking to the expo between Friday and Sunday. Earlier, exhibitors at the two-week annual event were complaining of low turnout, with many fearing that they would...

Monday, August 8, 2016, 12:00 AM

Exchange closed as country marks national harvest day

The bourse will close tomorrow as it will be a holiday marking Rwanda’s National Harvest Day, Umuganura, the Rwanda Stock Exchange (RSE) indicated yesterday in its daily market report. The day’s national celebrations will be held in Nyanza District, Southern Province.  Meanwhile...

Friday, August 5, 2016, 12:00 AM

Bourse records over Rwf66m total turnover

Bralirwa gained marginally during yesterday’s trading session, gaining Rwf1, up from Rwf154 on Monday, the Rwanda Stock Exchange daily report indicates. The counter dropped by Rwf12 on Monday to close at Rwf154 compared to Friday’s close of Rwf166.  The beverages firm recorded a...

Wednesday, August 3, 2016, 12:00 AM

Bond market records 910% growth in value during first six months of the year

The bond recorded a huge 910.6 per cent growth in revenue in the first six months of the year, half-year market statistics from the Rwanda Stock Exchange (RSE) indicate. According to the date, the bond market raked in a massive total turnover of Rwf514.5 million from Rwf470.7 million worth of bonds...

Tuesday, August 2, 2016, 12:00 AM

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