Business

Over 500 to showcase at Made in Rwanda Expo

Local producers and service providers have yet another opportunity to showcase their goods and services at the upcoming Made in Rwanda Brand Exhibition which is opening next week in Kigali. The two-week exhibition of locally made products and services seeks to promote local firms by...

Wednesday, November 13, 2019 - 4:52pm

Gahiga on why wellness business is important for Rwandans

Kali Gahiga is an aqua-gym instructor and a life coach. She uses both platforms to help people find strategies in achieving their goals and solutions for the challenges they encounter in life. In an interview with Sunday Magazine’s Donah Mbabazi, Gahiga talked about her choice of career and...

Sunday, September 30, 2018 - 12:03am

Role of auditors in small business performance

Small and medium enterprises (SMEs) often rely on accountants from their audit firms to assist in reconciling accounts, preparing the adjusting journal entries and preparing financial statements, they often lack the sophistication necessary to carry out these tasks. Relying on the audit firm often...

Sunday, September 23, 2018 - 1:04am

Uber edges closer to entering Rwanda market

Doubts about whether Uber will soon extend its operations to Rwanda have now been cleared following the public announcement in which the company says it is looking for a country lead in Rwanda. The latest information indicates that the global ride-hailing company is hiring a country manager for...

Saturday, September 22, 2018 - 7:26am

The emerging world’s high achievers

LONDON – One truism of the last three decades is that emerging markets are a leveraged play on global growth: they outperform when developed economies are growing, but they are susceptible to sharp downturns when global conditions are less favorable. This more or less remains true. But when...

Wednesday, September 19, 2018 - 9:17pm

MTN to reward customers to over 600,000 prizes

MTN Rwanda has launched a new three month campaign ,dubbed ‘Izihirwe na MTN’ Celebration, which aims to reward its customers with over 600,000 prizes. According to Desire Ruhinduka, the senior manager marketing operations, the prizes include free voice calls, free SMS and free...

Wednesday, September 19, 2018 - 9:12pm

Tourism sector opening up opportunities for businesses

The continued growth of the local tourism industry is increasingly opening up opportunities for Rwandans across the country. One such investor is Theodore Nzabonimpa, a lawyer and founder of ‘Beyond the Gorillas Experience Limited’, a company involved with innovative tourism and...

Tuesday, September 18, 2018 - 11:59pm

What internal forces threaten our businesses?

Often, businesses can be so focused on negotiating perceived threats in the greater business environment that they fail to identify factors within the company which could threaten its success. The internal business environment comprises of factors within the company which impact the success and...

Monday, September 17, 2018 - 11:42pm

Overcoming the ‘chocolate lament’ through agribusiness

One of the key findings of the agriculture status report launched at this year’s African Green Revolution Forum in Kigali is that our governments understand what should be done to trigger economic transformation through farming. This was to be expected, especially given the Comprehensive...

Friday, September 14, 2018 - 11:34pm

Need to take extremely generous deals with a pinch of salt

Pyramid schemes come in all shapes and sizes. They are perhaps the smartest scams ever invented because victims volunteer. With more than a third of the over 800 million hungry people found in Africa, it is a natural hunting ground for all sorts of pyramid schemes. But despite many schemes...

Wednesday, September 12, 2018 - 11:44pm

How Africa can win in global processed food market

Africa has been exporting most of its farm produce raw, and experts say that by exporting raw materials, the continent is exporting jobs as well as money which could be saved to improve the welfare of its people. Africa accounts for 75 per cent of the world’s cocoa production, with 65 per...

Tuesday, September 11, 2018 - 9:17am

What external forces threaten your business?

Businesses have two types of environments: internal and external. Internal environments are controlled by the company, and may include elements such as organizational structure and workforce. External environments, however, exist outside of the company and are not within its range of control. As...

Tuesday, September 11, 2018 - 12:54am

Samsung to pay 29-million-USD to U.S. consumers for price-fixing

South Korean consumer electronics giant Samsung will pay 29 million U.S. dollars to consumers in the west U.S. state of Washington for “price-fixing scheme,” the state’s Office of the Attorney General (AG) has said. In a lawsuit filed in King County Superior Court by the...

Thursday, September 6, 2018 - 12:08am

Business opportunities in Africa that will make more millionaires in 2018 - Part 2

This is the second of a two-part series of opportunities in the continent that will create millionaires in Africa in the African continent.  The continent’s new wave of entrepreneurs are investing in sectors that create social impact in long standing challenges which affect a...

Tuesday, September 4, 2018 - 12:54am

Why must my business keep growing?

Growth does not always mean getting bigger but it does mean getting better. People grow; they grow spiritually; they grow with knowledge; they grow emotionally. So too businesses can grow in different ways. Imagine that you start a manufacturing business. You pay money for capital, the capital...

Tuesday, September 4, 2018 - 12:48am

The slavery incentive

CAMBRIDGE – Have you ever wondered why business schools do not teach the proper way to whip a worker to obtain maximum effort without damaging the asset? Had business schools existed before the American Civil War, one can conceive of at least a lecture, if not a full course, on the subject....

Friday, August 31, 2018 - 9:52pm

BK projects rise in earnings

BK Group is projecting a net profit of between Rwf26 billion and Rwf28 billion this year. The projections follow a 17.8 per cent growth in net income to Rwf13.4 billion in the first half of 2018. The group, which has subsidiaries in banking, technology and insurance, registered growth in most of...

Friday, August 31, 2018 - 9:29am

Demand for Made-in-Rwanda products growing – businesses

Efforts to promote Made-in-Rwanda products have started to pay off as consumer demand for locally produced goods is increasing, entrepreneurs from Eastern Province said early this week, at the official closing ceremony of Eastern Province mini trade fair in Nyagatare District. The expo took place...

Friday, August 31, 2018 - 8:48am

BK Group cross listing delayed to end of December

International investors keen on acquiring shares of BK Group PLC at the Nairobi Securities Exchange will have to wait a bit longer as the firm says the process will be complete by the end of December this year. The group had initially announced that they expected the process to be complete by...

Friday, August 31, 2018 - 8:41am

Am I questioning everything?

Question everything about your business. It gets right to the heart of things – even those things that you take for granted. Sadly though, “why” is a question you don’t hear enough in many businesses and it is often drummed out of new people without anyone realising the...

Tuesday, August 28, 2018 - 11:43am