Business

BRD, Swedish body in $40m deal to boost energy sector

The Swedish International Development Cooperation Agency (Sida) and the Development Bank of Rwanda (BRD) have signed two energy agreements guarantees that will see the bank lending to energy sector investors. The signing ceremony was held Thursday at BRD headquarters between the Head of...

Friday, June 22, 2018 - 11:12pm

Popularity of smart wearables rising fast

Wearables, specifically smartwatches, have been a rapidly growing category and the data collected is similarly as immense. Smartwatches have been designed to integrate themselves into every moment of the wearers life, whether awake or asleep, they record heartbeats, sleep patterns, workouts, you...

Friday, June 22, 2018 - 8:50pm

Push to mainstream technology in businesses as regional industry dialogue opens in Kigali

To collectively succeed in ensuring that smart technologies boost the continental development agenda, governments and businesses must work together, an official emphasised at the beginning of the COMESA CONNECT Industry Dialogue that started in Kigali on Thursday. The two-day event held under the...

Thursday, June 21, 2018 - 12:45pm

How the new tax law will affect small businesses

Small businesses with an annual turnover of Rwf20-50 million will have to ensure their books are in order after the Rwanda Revenue Authority revised their model of computing income tax. Previously, the businesses would pay a flat fee of 3 per cent of their turnover but with the changes, they will...

Wednesday, June 20, 2018 - 12:58am

COMESA searching for solutions to transform and sustain competitive businesses

The COMESA Connect Industry Dialogue set for June 21st to 22th, in Kigali, will bring together high level technical expertise from the public and private sector to provide common solutions that will prepare, protect, revolutionize and sustain competitive businesses, organizers say. Formed in...

Monday, June 18, 2018 - 9:29pm

Indian, Rwandan companies to do business under the India Rwanda Innovation Growth Programme

Over ten Indian and Rwandan companies have finally signed Business Engagement Agreements (BEAs) for the first year of India-Rwanda Innovation Growth program focusing on five sectors that include agriculture, IT, health, leather and energy. This was revealed on Monday this week during a Business...

Wednesday, June 13, 2018 - 6:52pm

Consumer goods prices went up by 3% in May

National Institute of Statistics of Rwanda (NISR) has announced that the prices of consumer goods has risen by 3 per cent in May 2018 up from 1.7 per cent in April. In May 2018, food and non-alcoholic beverages, housing, water, electricity, gas and other fuels and Transport rose by 1.5 percent, 5....

Tuesday, June 12, 2018 - 10:23pm

Featured: In Ngororero District, a new partner steps in

In Ngororero District, lies a small, relatively prosperous village.  Electric lines run the long of modest, well-built houses, surrounded with live-stock, bananas and flower trees.  The children go to school, the hospital has modern equipment, and coltan flows down the river from the...

Tuesday, June 5, 2018 - 4:44pm

Trump to discuss trade with China’s Xi as talks continue

U.S. President Donald Trump said he will discuss trade with Chinese President Xi Jinping on Tuesday, as both sides continue talks after failing to reach a consensus at talks in Beijing last week. Trump announced the planned telephone call in a post on Twitter, just days after a U.S. delegation...

Tuesday, May 8, 2018 - 11:13pm

Government rolls out new Doing Business reforms

With the deadline to review the World Bank Doing Business reforms looming, the Government is rolling out reforms in three sectors to improve the business ecosystem. The three reforms are aiming at reducing bureaucracy in construction, ensuring timely electricity provision for investors, and...

Wednesday, April 18, 2018 - 9:06am

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