National

New law to facilitate access to foreign loans

Commerce and Trade Minister Monique Nsanzabaganwa yesterday said that investors will greatly benefit from the recent cabinet resolution that enables companies to get loans from foreign banks. Cabinet last week approved an amendment to the law on direct income taxes to allow investors to borrow cash from foreign banks because they cannot secure adequate loans from local banks to finance their investments in the country.
Monique Nsanzabaganwa
Monique Nsanzabaganwa
Times Reporter