Okonjo-Iweala, Amina Mohamed remain in WTO top position race

Two African candidates, Ngozi Okonjo-Iweala of Nigeria and Amina C. Mohamed of Kenya, have made it to the list of five candidates that will advance to the next stage of selecting the next Director-General of the World Trade Organisation (WTO). Another African candidate, Abdel-Hamid Mamdouh of...

Friday, September 18, 2020, 2:28 PM

What the Abraham Accords mean for Middle East

Israel, the United Arab Emirates (UAE), and Bahrain on Tuesday, September 15, signed what many termed as a historic deal, known as the Abraham Accords. The deal was signed between Israeli Prime Minister Benjamin Netanyahu, Bahrain Foreign Minister Abdullatif al-Zayani, and UAE Foreign Minister...

Friday, September 18, 2020, 8:54 AM

I&M Bank to raise Rwf8bn by rights issue

I&M Bank Rwanda has announced that it will sell new ordinary shares to existing shareholders in a bid to raise at least Rwf8 billion as part of the plan to capitalize the lender’s operations. The bank will start the process of selling 202 million new shares to its existing shareholders...

Thursday, September 17, 2020, 12:28 PM

Umubano Hotel auctioning to be held ‘in six weeks’

Umubano Hotel, one of the oldest hotels in Rwanda, is set to be sold in one month and a half if the bidding process goes as planned, officials at the Rwanda Development Board (RDB) have confirmed. The Government is selling the Hotel, which is currently managed by Agaciro Development Fund, as...

Wednesday, September 16, 2020, 11:30 AM

Top five social networking platforms in Rwanda

Millions of people globally use social media for communication, marketing, and transacting business. That is the case for thousands of people in Rwanda. With the novel Coronavirus pandemic, digital life has never been more important. The outbreak pushed thousands of consumers, even those who...

Wednesday, September 16, 2020, 9:00 AM

RwandAir resumes flights to Nigeria

National carrier RwandAir says it will resume flights to Lagos on Friday, September 18, after months of suspension of airline travel due to by Covid-19 pandemic. “Hop on, let’s go to #Nigeria and explore one of the most vibrant destinations in Africa,” the carrier said on its...

Tuesday, September 15, 2020, 12:06 PM

Tourism on a progressive trajectory since reopening

Countries have been advising their nationals against non-essential travel, but series of tourism spots are slowly easing Covid-19 border restrictions and are allowing visitors back. Rwanda eased tourism restrictions in June, allowing tourists to flock some of the popular places. Barely three...

Monday, September 14, 2020, 11:00 AM

Modern technologies will transform agriculture, Kagame says

President Paul Kagame has emphasized the need to invest in modern technologies as one of key metrics to drive Africa’s agricultural sector and agribusiness activities. He was speaking during a Presidential Panel at the just-concluded African Green Revolution Forum 2020, hosted by Rwanda...

Friday, September 11, 2020, 7:38 PM

Report: Global trade system unfair for Africa

The current global trade system overseen by the World Trade Organisation (WTO) is unfair to Africa, a report that surveyed chief executive officers from across the continent, has shown. A survey commissioned by the Pan-African Private Sector Trade and Investment Committee (PAFTRAC) highlighted...

Friday, September 11, 2020, 3:00 PM

Prosecution takes over Rusesabagina case

The National Public Prosecution Authority (NPPA) has received the case file of terror suspect Paul Rusesabagina from the Rwanda Investigation Bureau (RIB). Rusesabagina himself was spotted at the NPPA offices in Kimihurura, Kigali around the same time RIB handed over the file. He...

Wednesday, September 9, 2020, 4:10 PM

AstraZeneca: Frontrunner in Covid-19 vaccine race suspends trials

The British-Swedish pharmaceutical firm AstraZeneca says it has suspended trials of the Covid-19 vaccine it is developing with the University of Oxford after one of the trials’ volunteers fell ill with an unexplained illness. The company is the frontrunner in the race to develop Covid...

Wednesday, September 9, 2020, 12:31 PM

Top 10 upcoming hotel projects in Rwanda

The novel coronavirus pandemic has made it impossible for many businesses to implement their planned projects, including tens of investors who put on hold their hotel development projects. W Hospitality Group, a reputable industry firm, estimates half of the planned hotel development in Africa...

Wednesday, September 9, 2020, 10:00 AM

Rusesabagina’s file will be handed to prosecution on Wednesday - RIB

Rwanda Investigation Bureau (RIB) has said that preliminary investigations in the case against Paul Rusesabagina have been concluded and his file will be handed to prosecution on Wednesday, September 9. This was confirmed to The New Times on Tuesday by Dr. Thierry Murangira,...

Tuesday, September 8, 2020, 11:57 PM

Civil society petitions government over some Covid-19 guidelines

Civil Society Organisations (CSOs) have urged the government to rethink some of the guidelines put in place to fight Covid-19 pandemic, saying they are expensive and overlapping. The government has been implementing a series of guidelines to prevent the outbreak since it hit the country in March...

Tuesday, September 8, 2020, 12:31 PM

Local start-up partners with American firm to promote Rwandan gaming industry

Suponic Global, an American gaming company and DopeApps, a local startup, have entered partnership to promote Rwanda’s gaming industry, the two companies said in a joint statement. The partnership between the two companies seeks to develop a strong and profitable gaming industry in Rwanda...

Tuesday, September 8, 2020, 12:00 AM

Vuba Vuba takes food delivery service to Musanze

Vuba Vuba Africa, a local food delivery service, says it is expanding its operations to Musanze District in the Northern Province, barely nine months since it launched in Rwanda. “This September 8 2020, Vuba Vuba Africa will open a new branch in Musanze District,” Albert...

Monday, September 7, 2020, 5:51 PM

Rusesabagina was not kidnapped – Kagame

President Paul Kagame has refuted claims that Paul Rusesabagina, the alleged founder of an outfit linked to terror attacks that killed Rwandans, was “kidnapped” as different international media organisations have been claiming. Rusesabagina was arrested by the Rwanda Investigation...

Sunday, September 6, 2020, 7:02 PM

Kagame donates thousands of iron sheets to over 240 Bweyeye households

Rwanda Defence Force (RDF) handed over 5,760 iron sheets to 242 families of Bweyeye Sector in Rusizi District, a donation by President Paul Kagame. A group of local and senior military leaders officiated at the handover ceremony in a remote village of Kiyabo, which borders Burundi. The RDF...

Thursday, September 3, 2020, 9:09 PM

Covid-19 accelerates shift to e-commerce

The Covid-19 pandemic caused storefronts to close for months without operations across the world due to lockdown measures and restriction on movement. That has caused what could be described as an e-commerce boom, with many people and businesses now shifting to digital. DMM.HeHe, one of the...

Thursday, September 3, 2020, 10:00 AM

Prime Cement seeks to bridge supply gap with $40 million plant

Cement is a primary product in construction and other infrastructure activities but those who rely on it in Rwanda have been struggling due to the supply deficit in the market. Prime Cement Ltd, a new player in the market, promises to change that with a $40-million factory in Musanze...

Tuesday, September 1, 2020, 10:35 PM

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