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Rwanda Moves To Save Franc Against Biting Dollar

Rwanda Moves To Save Franc Against Biting Dollar

Rwanda’s Central Bank has prohibited local businesses from pricing services and products in foreign currencies in a bid to save the declining value of the franc.

12/08/2015 Saa 15:28:05
Rwanda Discovers New Precious Stone

Rwanda Discovers New Precious Stone

Rwanda has announced it may have large amounts of rare precious stones underneath; the discovery could boost image of the country’s mining sector.

5/08/2015 Saa 08:48:11
Rwanda franc slides against US dollar

Rwanda franc slides against US dollar

Rwanda has continued to see a depreciation in its currency (the Rwandan franc) in a more expedited way during the last one month due to the pressure the currency is facing against a strengthening United States dollar.

3/08/2015 Saa 11:48:23
World Bank predicts Rwanda among highest growing economies globally

World Bank predicts Rwanda among highest growing economies globally

The World Bank is predicting one of the highest economic growth rates in the world for Rwanda over the next two years.

30/07/2015 Saa 08:04:35
383 exhibitors from 18 countries have turned up for Kigali EXPO 2015

383 exhibitors from 18 countries have turned up for Kigali EXPO 2015

The Rwanda Private Sector Federation in conjunction with the Ministry of Trade and Industry have organised an International exhibition dubbed “Rwanda International Trade Fair (RITF)” scheduled to take place from 29thJuly to 12th August 2015.

29/07/2015 Saa 11:44:19
This is the biggest lie bosses tell their employees

This is the biggest lie bosses tell their employees

This is the biggest lie bosses tell their employees, according to the founder of LinkedIn

26/07/2015 Saa 10:18:08
Rwanda is the largest exporter of major minerals in the Region

Rwanda is the largest exporter of major minerals in the Region

Rwanda is producing more minerals than any country in the Great Lakes Region, says a global not-for-profit agency that has been dealing with the traceability, tracking and due diligence of the so called “conflict minerals.”

22/07/2015 Saa 13:55:54
Rwanda’s Economy to grow by 7.4% in 2016

Rwanda’s Economy to grow by 7.4% in 2016

In the new Rwanda Economic Update (REU) launched today, the World Bank projects an economic growth rate of 7.4% in 2015 and 7.6% in 2016. With the projected growth rates, the World Bank projects Rwanda’s poverty rate to decline from 63% in 2011 to 54% in 2016, thus moving approximately one million people above the poverty rate.

18/07/2015 Saa 09:24:59
Rwanda to host Africa hotel talks in 2016

Rwanda to host Africa hotel talks in 2016

KIGALI - The government through the Rwanda Development Board, will host the Africa Hotel Investment Forum (AHIF) next year in Kigali.

15/07/2015 Saa 09:38:42
Nintendo President Satoru Iwata dies aged 55

Nintendo President Satoru Iwata dies aged 55

Tributes have been paid to Nintendo chief executive Satoru Iwata who has died aged 55.

13/07/2015 Saa 10:19:44
How to Handle Salary Delays

How to Handle Salary Delays

Salary delays are one of the biggest motivation-breakers in the world. In most countries, salary disbursement delays are punishable by law. However, incidences of salary delays are becoming more and more frequent, and employees rarely file claims.

10/07/2015 Saa 11:42:36
Rwanda, Tanzania, Kenya imported cheaper set-top boxes

Rwanda, Tanzania, Kenya imported cheaper set-top boxes

Officials from the communications regulatory authorities in Tanzania, Kenya and Rwanda have said they had made policies that allowed the importation of cheap set-top boxes to enable ordinary TV viewers receive digital TV signals.

8/07/2015 Saa 09:38:19
Bill Gates has been declared the richest man in the world for the 16th time - These are the 10 richest people in the world

Bill Gates has been declared the richest man in the world for the 16th time - These are the 10 richest people in the world

Bill Gates has been declared the richest man in the world for the 16th time, by Forbes. This year’s rich list features a record 1,826 billionaires across the world, 197 of them women (29 self-made).

1/07/2015 Saa 11:51:12
Rwanda, Kenya lead in African Development Bank rating

Rwanda, Kenya lead in African Development Bank rating

Rwanda and Kenya have topped the 2014 Africa Development Bank (AfDB) Policy and Institutional Assessment Rating.

28/06/2015 Saa 11:10:17
Rwandair acquires new Bombardier Jet from Toronto

Rwandair acquires new Bombardier Jet from Toronto

The national carrier, RwandAir, yesterday welcomed home its eighth aircraft, which it says will boost capacity and efficiency of its operations.

26/06/2015 Saa 11:36:40
MTN Rwanda appoints new CEO

MTN Rwanda appoints new CEO

Press Release/Kigali – MTN is pleased to announce the appointment of Mr Gunter Engling as CEO of MTN Rwanda, replacing Mr Ebenezer Asante who moves to take over MTN’s key operation in Ghana as CEO, effective July 2015.

24/06/2015 Saa 17:15:53
Rwanda's economy grows 7.6 per cent

Rwanda’s economy grows 7.6 per cent

Rwanda’s gross domestic product (GDP) grew 7.6 per cent in first quarter 2015 from a year earlier, helped by expansion in the agriculture, services and industrial sectors, the statistics office said on Thursday.

19/06/2015 Saa 12:03:21
Donald Kaberuka speaks about his legacy and future plans as he leaves AfDB head office

Donald Kaberuka speaks about his legacy and future plans as he leaves AfDB head office

’Mr Infrastructure’, the outgoing president of the African Development Bank, tells all in a wide-ranging chat with Mail &Guardian Africa.

15/06/2015 Saa 10:23:21
Kamembe airport reopens to flights

Kamembe airport reopens to flights

Kamembe International Airport in the Western Province has resumed business with a brand new runway, nearly after six months of works, Rwanda Civil Aviation Authority (RCAA) has said.

13/06/2015 Saa 11:09:19
African leaders to unveil new common market bloc

African leaders to unveil new common market bloc

SHARM EL SHEIKH (EGYPT) - The leaders of 26 African countries gathered in Egypt Wednesday to sign a new trade pact to create a common market across half the continent that will serve 625 million people.

10/06/2015 Saa 08:22:01
Rwanda Parliament to Debate Lifting of Presidential Term Limits

Rwanda Parliament to Debate Lifting of Presidential Term Limits

The Rwandan Parliament has commenced its ordinary session during which a Bill seeking the removal of presidential terms limits to pave way for the re-election of President Paul Kagame will be discussed.

8/06/2015 Saa 15:47:18
Rwanda to host 2016 African World Economic Forum

Rwanda to host 2016 African World Economic Forum

Rwanda is set to host the World Economic Forum (WEF) in Africa slated for 2016.

6/06/2015 Saa 12:17:40
The Inigmah Group Launches In Rwanda - Strengthens Foothold In East Africa

The Inigmah Group Launches In Rwanda - Strengthens Foothold In East Africa

Inigmah yesterday announced its official launch in Rwanda making this the Group’s 3rd African country launch in as many weeks.

4/06/2015 Saa 10:54:40
Coalition of the Willing meet in Kampala to keep the pace of regional integration up

Coalition of the Willing meet in Kampala to keep the pace of regional integration up

The three Northern Corridor Integration Projects countries of Uganda, Rwanda and Kenya are meeting this week in Kampala, as the 10th summit of the group, often referred to as the ‘Coalition of the Willing’ kicked off yesterday at the Kampala Serena Hotel.

4/06/2015 Saa 10:23:20
RwandAir suspends flights to Mwanza due to low profitability

RwandAir suspends flights to Mwanza due to low profitability

RwandAir has suspended flights to Mwanza in Tanzania barely six months since it re-launched flights on the route.

2/06/2015 Saa 12:00:22
RWANDA SETS SEPTEMBER DATE FOR KWITA IZINA 2015

RWANDA SETS SEPTEMBER DATE FOR KWITA IZINA 2015

The Rwanda Development Board’s Tourism and Conservation Department has just confirmed that their annual Festival of the Gorillas, Kwita Izina, will this year take place on the 05th September instead of the hitherto usual date in the second half of June.

29/05/2015 Saa 11:47:34
Nigerian minister Akinwumi Adesina wins African Development Bank presidency

Nigerian minister Akinwumi Adesina wins African Development Bank presidency

Dr. Akinwumi Adesina and Nigeria Agriculture and Rural Development Minister is the new president of the 50 year old African Development Bank (AfDB).

29/05/2015 Saa 10:34:09
City vendors to get ‘free markets’ in June

City vendors to get ‘free markets’ in June

City roads will soon be free of street vendors, thanks to an initiative by the City of Kigali to create ‘free markets’ for vendors in all the three districts of Kigali.

25/05/2015 Saa 16:12:39
China-Congo deal to yield first copper this year

China-Congo deal to yield first copper this year

A joint venture between the Democratic Republic of Congo’s state miner and two Chinese companies, signed under a 2009 "minerals for infrastructure" deal, will begin producing copper this year, Congo’s government said on Thursday.

23/05/2015 Saa 10:31:51
Rwanda secures $1 bn from the world bank to boost Irrigation, Rural Roads

Rwanda secures $1 bn from the world bank to boost Irrigation, Rural Roads

President Paul Kagame has yesterday held talks with the World Bank Director Sri Mulyani Indrawati.

15/05/2015 Saa 12:31:34
Cost of living set to rise as regional currencies fall against the dollar

Cost of living set to rise as regional currencies fall against the dollar

East Africans face hard times ahead with the cost of living set to rise as a consequence of local currencies’ poor performance against the dollar. Reports The EastAfrican

11/05/2015 Saa 12:41:08
Burundi – from prosperity to collapse

Burundi – from prosperity to collapse

After Tourism does Burundi also face a trade collapse?

11/05/2015 Saa 08:53:27
Chinese manufacturers look to Rwanda as wages rise at home

Chinese manufacturers look to Rwanda as wages rise at home

Rwanda may be landlocked in central Africa and saddled with prohibitive energy costs, but it has become the latest beneficiary of a quest by Chinese manufacturers to find competitive margins as wages rise at home.

7/05/2015 Saa 11:42:35
Rwandan Economy Projected to Remain on a Strong Growth Path

Rwandan Economy Projected to Remain on a Strong Growth Path

When one thinks of Rwanda, a war torn country full of impoverished people with no notable economy of any kind probably first leaps to mind. However, in reality, Rwanda has become one of the fastest growing economies in East Africa. In 2014, it posted a growth in Gross Domestic Product (GDP) of 7 percent. This year’s predictions put growth at 6.5 percent for 2015 and 2016.

1/05/2015 Saa 17:36:39
Four Million Rwandan Youth to participate in #YouthConnektMonth activities

Four Million Rwandan Youth to participate in #YouthConnektMonth activities

The Ministry of Youth and ICT (MYICT) in collaboration with various stakeholders organised the National YouthConnekt Month to kick off on 2 May 2015.

1/05/2015 Saa 11:18:53
Bralirwa Ltd expect improved performance in 2015 as they announce 2014's overall results

Bralirwa Ltd expect improved performance in 2015 as they announce 2014’s overall results

The challenging trading conditions experienced at end 2013 continued for the first half of 2014. The second half of the year showed gradual recovery, reflected in stronger volume growth particularly in the fourth quarter.

30/04/2015 Saa 18:16:42
The strange case of South Africa vs. Rwanda

The strange case of South Africa vs. Rwanda

Even with a similar level of government policies and “official” commitment to promote ICTs in a country, the outcomes can be wildly divergent.

18/04/2015 Saa 12:52:00
Rwanda tourism fetches 305 million U.S. dollars in 2014

Rwanda tourism fetches 305 million U.S. dollars in 2014

Rwanda tourism sector continues to be the country’s largest foreign exchange earner after fetching revenue receipts worth 304.9 million U.S. dollars in 2014.

16/04/2015 Saa 10:12:48
Konka Brings You The Latest of Smart Phone Technologies - Take Part In Quiz Challenge And Win Amazing Prizes

Konka Brings You The Latest of Smart Phone Technologies - Take Part In Quiz Challenge And Win Amazing Prizes

Konka Group limited introduces a variety of high tech smart phones, designed with the latest applications and superb hardware.

15/04/2015 Saa 16:45:15
Rwandan Franc gains beyond first quarter of 2015 expectations

Rwandan Franc gains beyond first quarter of 2015 expectations

The Rwanda franc made gains against the euro and the pound over the first quarter of this year (January-March, 2015), but declined by 1.95 per cent against the US dollar, a statement from the central bank indicates.

9/04/2015 Saa 10:26:44

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