80% of Vision City housing units sold – Rugemanshuro

About 80 per cent of houses in the Vision City real estate project has so far been sold, Rwanda Social Security Board Director-General, Regis Rugemanshuro has said. Rugemanshuro was speaking on Tuesday, September 22, 2020 during a virtual Public Accounts Committee hearing where RSSB senior...

Wednesday, September 23, 2020, 12:30 PM

The uphill task by taxman to recover Rwf200bn in arrears

Officials at Rwanda Revenue Authority (RRA) are confronted with a taxing task to recover Rwf204 billion in outstanding taxes, some of which are up to 10 years-old. The officials from the tax body told the Public Accounts Committee (PAC) on Tuesday, September 22, that the challenges they face in...

Tuesday, September 22, 2020, 11:27 PM

REG faulted for not providing financial statements for audit

Members of the Public Accounts Committee (PAC) on Monday, September 21, 2020, faulted officials from the Rwanda Energy Group Ltd for not providing on time its financial statements for audit by the Auditor General (AG) in 2018/2019. The move hindered the AG’s work to audit REG. Legally, all...

Tuesday, September 22, 2020, 9:30 AM

There must be value for every public penny spent - AG

The Auditor-General has indicated that every penny from the national treasury should be put to good use and value for money for public finances is determined by the extent of improvement in citizens’ lives. AG Obadiah Biraro made the observations on Saturday, September 19, during a...

Sunday, September 20, 2020, 1:28 AM

MPs want accountability over defective POSITIVO laptops

Members of the Public Accounts Committee (PAC) have tasked officials from Rwanda Information Society Authority (RISA) to expose whoever that is responsible for potential loss stemming from defective POSITIVO laptops. Officials from RISA were appearing virtually in a PAC public hearing on Friday...

Saturday, September 19, 2020, 2:30 PM

PAC says BDF failing its SMEs growth mandate

The Business Development Fund (BDF)’s work is not in line with its core mandate to support the development of Small and Medium Enterprises (SMEs), especially startups, as most of its security funds have gone to large businesses. PAC made the observation during a hearing on Thursday,...

Thursday, September 17, 2020, 7:10 PM

'Substandard' ceramic machinery cost taxpayers Rwf407 million

The Government has incurred Rwf407 million loss on equipment that fell short of requirements of a modern ceramic factory in Nyanza District because of poor planning by the National Industrial Research and Development Agency (NIRDA). This issue caused discontent among members of Public...

Thursday, September 17, 2020, 2:42 PM

PAC Hearings: Factory made banana ‘porridge’ instead of juice

Members of the Public Accounts were shocked after hearing that a factory that was intended to make banana juice produced banana 'porridge' instead. This was revealed during the public hearings held by PAC on Thursday, September 17, 2020 when officials from the National Industrial...

Thursday, September 17, 2020, 12:10 PM

Rwanda’s tea export revenues rise by 12%

Rwanda’s tea export revenues generated more than $93 million (over Rwf90 billion) in the fiscal year 2019/2020, representing a 12 percent increase compared to the over $83 million (about Rwf80 billion) fetched in 2018/2019, according to statistics from the National Agricultural Export...

Wednesday, September 16, 2020, 1:30 PM

REB under fire over stalled ICT, career guidance projects

The Public Accounts Committee (PAC) has criticised the Rwanda Education Board (REB) for a stalled $7.7 million (about Rwf7 billion) digital content project for primary and secondary schools. It also quizzed REB for spending over Rwf557 million on the pilot phase of the career guidance system...

Wednesday, September 16, 2020, 10:38 AM

PAC tasks Rwanda Polytechnic to explain overspending

Rwanda Polytechnic (RP) spent more than Rwf22 billion in the financial year 2018/2019, or about Rwf7 billion more compared to its Rwf15 billion budget that was approved by Parliament, something that has irked members of the Public Accounts Committee (PAC). In addition, RP offered tenders which...

Tuesday, September 15, 2020, 2:00 PM

NAEB put on the spot over failed macadamia seedlings

The Public Accounts Committee has put the National Agricultural Export Development Board (NAEB) on the spot over macadamia seedlings that were provided to farmers for cultivation but they did not grow. The Committee indicated that over 7,900 macadamia seedlings that were planted, only 5,000 grew...

Tuesday, September 15, 2020, 10:40 AM

How Africa can move from net food importer to exporter

Africa remains a net food importer, meaning that it imports more foods than it exports. And, increased food demand and changing consumption habits are leading to Africa’s rapidly rising food import bill. This is one of the issues that were talked about in a virtual session during the 2020...

Tuesday, September 15, 2020, 8:00 AM

PAC grills RAB over stalled multibillion irrigation project

Members of the Public Accounts Committee (PAC) have concurred that seeds that were sold as commodity for consumption because they had exceeded germination period implies that there is no value for money as seeds are more expensive than ordinary commodities. They also pointed to a $120 million (...

Monday, September 14, 2020, 4:39 PM

Accountability: PAC hearings to begin on Monday, go virtual

Over 50 public institutions will, beginning Monday, September 14, appear before the Parliament’s Public Accounts Committee (PAC) as the committee embarks on the process to probe the poor management of state finances. According to a statement from Parliament, the leaders of these entities...

Monday, September 14, 2020, 4:59 AM

Kagame joins world leaders to mobilise funding for Covid-19 vaccine

President Paul Kagame has said that the initiative to accelerate the availability and access to Covid-19 vaccine will play a key role in ending the pandemic and in getting African countries’ economies and people back to work. He was speaking on Thursday, September 10, during the...

Friday, September 11, 2020, 11:12 AM

Kagame tips African youth on innovation to spur agric sector

President Paul Kagame has said that African youth must challenge themselves and reflect on their contribution to the future of food in their communities, underscoring the need for innovation to advance the continent’s agriculture sector. Kagame made the observations on Thursday,...

Thursday, September 10, 2020, 7:08 PM

How Africa can feed its growing urban population

As urbanisation rises in Africa, achieving food security and nutrition for all will depend on interventions that transform urban–rural linkages, the Africa Agriculture Status Report, has indicated. The report was launched on September 8, at the African Green Revolution Forum (...

Wednesday, September 9, 2020, 9:14 PM

PM Ngirente urges Africa to increase fertiliser use for agriculture growth

Rwanda’s Prime Minister, Edouard Ngirente, has said that fertiliser use in Africa is far below the global average, urging the continent to increase its uptake for its agricultural development. The Premier made the request on Tuesday, September 8, as he officiated at the opening ceremony of...

Wednesday, September 9, 2020, 10:22 AM

Mediation will reduce backlog of court cases – Kagame

President Paul Kagame has said that he appreciates the court mediation advisory committee, which was established recently, describing it as another solution in the justice sector. He was speaking on Monday, September 7, as he virtually launched the Judicial Year 2020/2021. The committee...

Monday, September 7, 2020, 6:40 PM

Subscribe to The New Times E-Paper