Business

How to save up for retirement on a low income

It’s a lifetime ambition for most to have a smooth retirement. In Rwanda, the earliest someone can retire under the law is at 60 years, while the late retirement age is 65 years.  Retirement is considered ideal if one is financially dependent at their old age.  It is not uncommon...

Tuesday, August 18, 2020 - 2:01pm

How music royalties work

Beyond concerts and performances, musicians have an alternative avenues to make money. Among the avenues is through large infrastructures in place designed to collect earnings for singers enabling them collect passive revenue. The money made out of such means are referred to as royalties and it...

Tuesday, August 18, 2020 - 12:05pm

Up in the air, again - technologies that will enable us to fly safely

Among the sectors that have been dramatically affected by the global Covid-19 epidemic, civil aviation seems to be the biggest casualty. During the first months of the outbreak, planes were grounded almost completely, and as time went by, and numbers of new cases began dropping in various countries...

Tuesday, August 18, 2020 - 1:05am

Twitter lets everyone limit replies to their tweets

Twitter is making its reply-limiting feature available to all users starting today, and it’s for real this time: You can finally say goodbye to the reply guys. The company’s director of product management, Suzanne Xie, writes in a blog post published Tuesday that the feature is part...

Wednesday, August 12, 2020 - 6:30am

Farm to cup: Rwandan tea value chain and growth of players therein

Tea is believed to be the most popular beverage in the world after plain water, and Rwanda is among the top countries in the region with premium tea, which generates millions of dollars every year for the country. However, a few know the process of farm-to-cup and the resilience of farmers who...

Tuesday, August 11, 2020 - 3:55pm

Nadia Uwamahoro features on Under 40 CEO ranking

Nadia Uwamahoro is the Founder and Chief Executive at Data Systems has featured on Under 40 CEOs, a continental initiative celebrating young business leaders aged 40 and under from East, West and South Africa. The initiative seeks to research and celebrate young business leaders in Africa with a...

Tuesday, August 11, 2020 - 1:59pm

Genetic resources: How much value is retained locally?

The Government of Rwanda is set to issue a ministerial order within six months highlighting ways Rwandans will have access to fair and equitable sharing of benefits derived from genetic resources once exported for research and commercial product development. This was revealed by Rwanda...

Tuesday, August 11, 2020 - 10:01am

Nuts and Bolts: How telcos monetise data assets

The telecommunication sector is rapidly growing, locally and globally through its innovations on multiple aspects including phones, the internet, through airwaves or cables among others. It is incredible how much data telecommunication companies hold as the world gravitates towards a more...

Tuesday, August 11, 2020 - 12:19am

With the right help, VCs can lead the innovation sector to new records

Although it can be a little hard to remember, only a few months ago we were living a completely different reality. One where face masks were only used by surgeons, social distancing was an unfamiliar term, and Corona was only a light, summery beer. In that reality, the field of innovation and...

Tuesday, August 11, 2020 - 12:13am

Construction technology trends shaping the industry

Every day we are seeing how technology is helping to improve our lives through making tasks easier. One industry that is considerably being impacted by the new of technology is the construction industry.  From using software to get instant access to important documents to using autonomous...

Tuesday, August 11, 2020 - 12:03am

Inside Rwanda coffee farmers’ growing farms and fortunes

Its 10 AM on a Monday morning and Anastase Bizimana, President of Abakundakawa Rushashi, a cooperative of coffee farmers in Kageyo, Rushashi Sector, Gakenke District in Northern Province, is watching workers washing and drying coffee produce.  This is part of preparing the produce for...

Tuesday, August 4, 2020 - 12:09am

23-year-old’s experience and journey creating her own fashion brand

In 2017, Kanyana Nadine, 23, took a bold decision. She had been studying sciences with a vision to major in computer programs coding and Information Technology but decided to drop it all and pursue fashion. “My family was supportive but not all my friends could understand why I did not...

Tuesday, August 4, 2020 - 12:08am

How digital media outlets make money

Trends of the media industry’s revenue streams have been changing rapidly in recent years, with a majority of traditional media transitioning to become digital outlets; in pursuit of the available opportunities. Today, 73 per cent of Rwandans have mobile phones, and 26 per cent can access...

Tuesday, August 4, 2020 - 12:07am

Review of Rwanda’s construction and real estate development

After the 1994 genocide against the Tutsi when almost the entire infrastructure was non functional, the Government of Rwanda embarked on reconstruction and infrastructure development.  Among the priorities set was the construction of modern residential and commercial infrastructure. Growth...

Tuesday, August 4, 2020 - 12:07am

Farwell sharing economy, welcome social-distancing

The implications of a global crisis are always widespread and long-lasting, far more than the immediate results. Every crisis, whether political, financial or health-related, could be a catalyst for innovation, social revolutions, and economic disruptions; Thus, the global Corona crisis is also...

Tuesday, August 4, 2020 - 12:05am

Ten questions to the CEO of Cimerwa on listing on Rwanda Stock Exchange

On Monday, August 3, Rwanda’s largest cement manufacturing firm will start trading its shares on the Rwanda Stock Exchange.   The company will list 100 per cent of its shares constituting 703,219,520 shares. Of these some 344,575,560 shares or 49 per cent will be available for trading...

Monday, August 3, 2020 - 8:18am

Who can join the board of a Rwandan financial institution?

Among the key and influential positions at any financial institution is serving on the Board of Directors. The National Bank of Rwanda recenly issued directives on the eligibility of persons to serve as independent directors of a financial institution. Independent directors are part of an...

Tuesday, July 28, 2020 - 12:34pm

Nuts and Bolts: Understanding cyber risks and commonly used tools

Recently, one of the most popularised and confounding hacks on Twitter took place. Twitter accounts of major companies and individuals were hacked by a scam promoting bitcoin. Twitter handles of renowned personalities such as Barack Obama, Apple, Joe Biden, Bill Gates were among those hacked...

Tuesday, July 28, 2020 - 12:08am

Rising debt distresses region as countries risk lower ratings, report

Sub-Saharan Africa government’s debt burden is rising at a fast pace and to levels higher than other emerging markets, heightening the risk of downgrades and defaults, the latest Fitch Ratings report has warned. According to the report, a number of countries in the region are now in danger...

Tuesday, July 28, 2020 - 12:07am

Young duo merge business and tech skills to launch e-commerce enterprise

Davy Uwizera, who graduated from Carnegie Mellon University Africa in Rwanda in 2017 in ICT and Raissa Ingabire Dushime with four years’ experience in business operations are the latest entrants of the local e-commerce sector. Dubbed “Huzamart “, their application which is...

Tuesday, July 28, 2020 - 12:06am

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