Rwanda expects to boost its revenue earnings from tourism this year by 25.8 per cent from 2015, helped by extra attractions including a new game park.
Burundi tax revenue collection rose 29 percent to 55.81 billion francs in August compared with the same period in 2015, data from the tax authority showed on Tuesday.
Kenya on Saturday inaugurated the first part of a new container terminal at Mombasa which is expected to boost by 50 percent the volume of cargo handled by East Africa’s largest seaport.
SANTAM’s search for profits outside SA, driven by stagnant growth at home and a weak rand, has led it straight into fraud in Rwanda, resulting in the Rwandan company’s CEO being replaced.
Kenya-based Equity Bank plans to have presence in 15 African countries in the next ten years, officials said.
Rwanda’s central bank governor has said that the continued weakening of the Rwanda franc against the U.S. dollar is not a cause for alarm and may not have a significant effect on the Rwandan economy.
In a bid to ward off growing competition in Uganda, manufacturer of baked clay building products, Uganda Clays Ltd is mulling entering regional markets through Rwanda after it closed its South Sudan operations.
Benin and the Ivory Coast are the latest two West African countries to join the ever growing network of Rwanda’s national airline.
iSON BPO has announced the latest addition to its growing portfolio of clients, MTN Rwanda, effective August 1, 2016.
Traders and growers of fruit and vegetable crops in Cibitoke province, 70km northwest of the Burundian capital Bujumbura, are complaining about the ban on export of food items to Rwanda.
Bralirwa counter bounced back yesterday gaining Rwf12 lost on Tuesday last week, according to the Rwanda Stock Exchange (RSE) daily market report for Monday.
A Mauritius investor has received the nod from the government of Rwanda to construct a sugar processing factory with a capacity to produce 100,000 tonnes of sugar yearly.
Millicom’s operation in Rwanda has signed a 10-year deal with mobile broadband company KT Rwanda Networks to provide IP transit to London.
South Africa’s 2016 municipal elections were held against the backdrop of challenging economic conditions in the country.
Business Development Fund, an independent government entity, established in collaboration with the Development Bank of Rwanda, has entered into an agreement with 450 microfinance institutions meant to increase rural financing especially to farmers by developing finance mechanisms that can help solve funding challenges.
CET Rwanda has relinquished MTN outsourced call centers to ISON BPO Rwanda as the firm seeks to concentrate on improving service delivery and customer experience. ISON BPO Rwanda has taken over MTN outsourced call centres effective today from CET Rwanda, the telecom firm has said in a statement.
Effective this month, new visa fees come into effect with tourists entering Rwanda now required to pay either 35 UK pounds, 45 euros or 50 US dollars respectively.
A new mobile application that seeks to boost how bank customers has been launched in Rwanda as competition to appease and entice customers turn to technology.
The Commercial Bank of Africa (CBA), a leading Kenyan commercial bank majority-owned by the Kenyatta family, is looking to acquire a stake in a distressed lender in the Democratic Republic of Congo.
Olleh Rwanda Networks, a wholesome 4G network owned by the Rwandan government and Korea Telecom has rebranded as it seeks to extend its footprints from the country to the rest of Africa.
Delegates at the first annual general meeting of Africa50 held last week have said funds will hit the $1bn mark within the next nine months.
Informal employment has been fueling tax evasion through nonpayment of income tax with the hospitality and construction sectors in Rwanda being the biggest culprits according to Rwanda taxman’s compliance survey.
Rwanda’s Access Bank has announced it will pay health insurance to 25 families of genocide survivors. According to Nadine Rutabayiro, Tteam member Women Banking at Access Bank the support of health insurance subscription was made to comfort and motivate genocide survivors and encourage them to strive towards self-reliance.
As technology continue to deliver instant wins across various economic facets in Africa, technology companies have positioned themselves to chaperon the adoption of innovation among local communities to cut cost and foster economic growth.
There are fewer than fifty landlocked countries in the world but no less than ten form an interconnected chain across sub-Saharan Africa. Burkina Faso, Mali, Niger, Chad, the Central African Republic, Rwanda, Burundi, Uganda, South Sudan and Ethiopia form a band across the continent without any access to the coast.
Last week, Uganda scored big in the Eastern African portion of the Youth Spark Innovation Grants (YSiG) with 11 of the 17 winners in the region from Makerere University.
The European Union (EU) has given Rwanda a 200 million Euros grant to help the country transform agriculture sector and improve rural livelihoods and incomes.
Kenya’s Deputy President William Ruto has urged East Africa’s business community to consider forming a common market in the region.
Research has proven that refugees do not become a burden for a country that had given them shelters.
A new business order is emerging in the East African region fueled by especially Kenyan businesses on an expansion binge.
The global video gaming industry has been on an upward trajectory recording billions in earnings every year, and as Rwanda now records impressive internet literacy and penetration thanks to an internet explosion a new crop of young IT savvy Rwandese are positioning themselves to earn from the multi-billion trade.
The latest information available from Kigali about the intended deployment of RwandAir’s first Airbus A330-200 now suggests that it will be Dubai which is to be served nonstop out of Kigali four times a week.
The LinkedIn board’s decision to sell suggests the stand-alone outlook was not especially alluring. Satya Nadella may have abandoned his prudent approach.
The Coca-Cola Company has launched the 23rd EKOCENTER in the eastern province of Ruhunda, Rwanda set to benefit more 25,000 local residents.
African tax experts are meeting in Accra to deliberate on how to plug loopholes that encourage cross-border tax evasion.
The Rwandan government has outlined plans to boost infrastructure and promote local industry in the budget.
Uganda will host the 44th annual African Insurance Organisation (AIO) Conference and General Assembly in May 2017, says the Ugandan Insurance Regulatory Authority (IRA).
A sneak preview of the interior of RwandAir’s new Airbus A330 has confirmed information received earlier that the introduction of the Premium Economy Class cabin will indeed break new ground for Africa.
South Korea’s business community voiced hope Monday that President Park Geun-hye’s trip to Uganda this week will help expand economic partnerships between the two countries