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Rwanda's tourism industry undergoing a renaissance

Rwanda’s tourism industry undergoing a renaissance

Tourism has over the past few years become Rwanda’s key foreign exchange earner, which is a result of government prioritization of the sector.

5/04/2015 Saa 09:59:39
Rwanda attends Regional ICT summit on its seventh year

Rwanda attends Regional ICT summit on its seventh year

The inaugural regional ICT summit dubbed Connect East Africa Summit has opened in the Kenyan coastal city of Mombasa.

31/03/2015 Saa 16:57:20
Let's Chart Our Own Plan, Says Kagame at Addis Ababa Finance Summit

Let’s Chart Our Own Plan, Says Kagame at Addis Ababa Finance Summit

"We should first decide what we want to do and then apply the money to it, as oppose to doing what the money may dictate", Kagame said. He was speaking at the opening session of the Conference of Ministers during this year’s annual meeting of the African Union and the United Nations Economic Commission for Africa.

31/03/2015 Saa 16:55:57
African Development Bank president Donald Kaberuka calls on successor to focus on poorest

African Development Bank president Donald Kaberuka calls on successor to focus on poorest

As he prepares to step down in May, Donald Kaberuka warns that energy shortages and infrastructure gaps remain key challenges for the continent

31/03/2015 Saa 10:33:39
Kagame reminds investments should benefit ordinary citizens

Kagame reminds investments should benefit ordinary citizens

During the regional forum on the Central Corridor in Dar es Salaam, President Paul Kagame said the multi-billion- shilling investments undertaken by governments in the region should be geared towards uplifting the lives of ordinary citizens.

27/03/2015 Saa 10:43:21
How to Separate the Personal and Professional on Social Media

How to Separate the Personal and Professional on Social Media

Let’s face it: social media is risky. A single unfortunate post can throw a career off track. And yet in an era in which younger workers are connected with an average of 16 co-workers online and where 40% to 60% of hiring managers use social media to screen potential hires, it is simply not reasonable to stay off social media entirely. So how can we balance the personal and professional online?

26/03/2015 Saa 19:46:47
Why Rwanda can provide the cheapest internet in Africa?

Why Rwanda can provide the cheapest internet in Africa?

At the recently concluded Mobile World Congress in Barcelona, Rwanda was ranked the African country with the most affordable internet by the Alliance for Affordable Internet (A4AI), This, however, raised eyebrows over how a country with just 12 million people will beat economic powerhouses like Nigeria, Morocco, and Kenya, all of which have populations that are double or more Rwanda’s. Wrote Ventures Africa

25/03/2015 Saa 08:31:58
Ecobank Rwanda Closes Some Of Its Branches In Kigali City For Inefficiency And Low Profits

Ecobank Rwanda Closes Some Of Its Branches In Kigali City For Inefficiency And Low Profits

Eco Bank Rwanda has closed some of its branches in Kigali city due to unprofitability and inefficiency it cited in the areas where the branches were closed. Writes GreatLakesVoice

22/03/2015 Saa 14:40:56
RwandAir Set To Acquire A Brand New Q400 Bombadier NextGen Aircraft

RwandAir Set To Acquire A Brand New Q400 Bombadier NextGen Aircraft

Rwandair is set to acquire another brand new dual-class Bombardier Q400 NextGen turboprop plane. The airline bought the first Bombardier Q400 NextGen aircraft in February last year.

20/03/2015 Saa 08:39:29
Huye: Teachers learnt to supplement their salary

Huye: Teachers learnt to supplement their salary

This thursday teachers’ cooperative runners come to learn business skills to supplement their salary alongside teaching.

19/03/2015 Saa 18:24:36
Rwanda's economy grows 7 pct in 2014 as agriculture expands

Rwanda’s economy grows 7 pct in 2014 as agriculture expands

Rwanda’s economy grew by 7 percent in 2014 from 4.6 percent in the previous year, thanks to robust expansion in farming, services and industrial sectors, Finance Minister Claver Gatete said on Tuesday.

18/03/2015 Saa 11:48:49
Kenya, Rwanda bourses now electronically connected

Kenya, Rwanda bourses now electronically connected

Kenya and Rwanda have connected their stock markets electronically to boost investments between the two countries and as a gesture of commitment to the regional integration of the capital markets.

14/03/2015 Saa 17:44:33
Rwandan Franc under pressure from the US Dollar

Rwandan Franc under pressure from the US Dollar

Despite the positive trend, experts warn that dollarisation of the economy, which creates unnecessary demand for the greenback could continue to put pressure on the local unit. Writes The NewTimes

10/03/2015 Saa 08:57:37
Americans give EAC chance to show off

Americans give EAC chance to show off

The United States Federal government has given business people and exporters in the East African Community (EAC) a first crack at imposing their will on the US market as part of Trade Africa Initiative. Writes Busiweek

9/03/2015 Saa 09:21:16
Rwanda and Mauritius sign new tax deal

Rwanda and Mauritius sign new tax deal

East African companies operating in Rwanda and Mauritius will no longer be subjected to double taxation after the two countries negotiated a new agreement.

8/03/2015 Saa 12:33:08
Rwanda tops affordable Internet index

Rwanda tops affordable Internet index

East African nation Rwanda was ranked the top nation among developing countries with affordable internet by the Alliance for Affordable Internet (A4AI).

5/03/2015 Saa 12:25:40
Relief At The Pump: Oil Prices Lowers to Rwf 810 per litre

Relief At The Pump: Oil Prices Lowers to Rwf 810 per litre

Fuel pump prices in Kigali will effective today drop to Rwf810 per litre, down from Rwf 845, the Ministry of Trade and Industry said in a statement released yesterday.

5/03/2015 Saa 08:48:18
Rwanda, Israel ICT firms enter partnership

Rwanda, Israel ICT firms enter partnership

Rwanda is looking to make Israel boost her potential in Information Communication Technology (ICT) sector, says a top official of the country’s ministry of youth and ICT.

25/02/2015 Saa 19:06:12
Reflections From Rwanda: Investing In One of the World's Fastest-Growing Economies

Reflections From Rwanda: Investing In One of the World’s Fastest-Growing Economies

“Welcome to the pride of every farmer in this province,” said Angelique Karekezi during my first trip to Rwanda in 2005. She was 25 at the time, and I recall my visit as if it were yesterday. We had traveled on back roads all morning, finally winding up at a coffee washing station owned and operated by Koakaka Cooperative, a farmer business that Angelique managed.

24/02/2015 Saa 10:06:12
Heads Of States agree to lower call tariffs within EAC by July

Heads Of States agree to lower call tariffs within EAC by July

Charges for telephone calls across East Africa are set to reduce in July, when countries abolish roaming fees following a directive by the heads of state.

23/02/2015 Saa 08:38:18
Scientists have discovered a personality difference between entrepreneurs and employees

Scientists have discovered a personality difference between entrepreneurs and employees

Almost everyone else is an employee. We may have found out the difference between the two types.

21/02/2015 Saa 09:10:37
EAC leaders to debate financing mechanisms

EAC leaders to debate financing mechanisms

Heads of State of the East African Community (EAC) partner states are expected to meet in the Kenyan capital Nairobi, this week, for a summit that will, among others, discuss sustainable financing mechanisms for bloc’s activities.

18/02/2015 Saa 18:53:00
Open data: how mobile phones saved bananas from bacterial wilt in Uganda

Open data: how mobile phones saved bananas from bacterial wilt in Uganda

As disease threatened crops across the country, an initiative from the government and Unicef was able to communicate fast to stop it - demonstrating how open data can transform development

14/02/2015 Saa 11:55:23
Over a Million Tourists Help Rwanda’s Tourism Revenue Cross US$ 300m

Over a Million Tourists Help Rwanda’s Tourism Revenue Cross US$ 300m

Rwanda tourism revenues increased from $293m in 2013, to $303m in 2014, representing a 3% increase, Rwanda Development Board (RDB) says.

14/02/2015 Saa 09:18:22
Young minds, bright future: Robotics revolution hits Ugandan classrooms

Young minds, bright future: Robotics revolution hits Ugandan classrooms

Building and programing a robot from scratch may sound like an impossible task to most primary school students, but one man is changing that mind-set for a generation of Ugandans.

13/02/2015 Saa 12:51:41
Equity Bank debuts at the Rwanda Stock Exchange

Equity Bank debuts at the Rwanda Stock Exchange

Equity Bank shares are Thursday set to start trading at the Rwanda Stock Exchange following its cross listing. Top bank officials are reported to have travelled to attend the function in Kigali.

12/02/2015 Saa 16:37:31
Germany, Rwanda Sign Deal To Bolster Rural Infrastructure

Germany, Rwanda Sign Deal To Bolster Rural Infrastructure

The Government of Rwanda and the Federal Republic of Germany this week signed a bilateral agreement worth € 7 million (approximately US$ 7.9 million or RwF 5.5 billion) to support decentralization and good governance.

According to the agreement on decentralization and good governance the € 7 million will be allocated under the Local Administrative Entities Development Agency (LODA), formerly known as Rwanda Local Development Support Fund (RLDSF).

12/02/2015 Saa 15:19:17
Here are the real crooks in Africa where big, legal businesses outdo organised crime

Here are the real crooks in Africa where big, legal businesses outdo organised crime

It’s a crying shame. With at least $50b flowing out illegally every year, donors are effectively pocketing back their aid money.

10/02/2015 Saa 19:51:25
EA consumers victims of monopolies and cartels

EA consumers victims of monopolies and cartels

Consumers in East Africa could be paying more for products because of the limited jurisdiction of competition watchdogs preventing them from reining in firms that are accused of misbehaviour.

10/02/2015 Saa 15:03:01
Uganda Ratifies the East African Monetary Union

Uganda Ratifies the East African Monetary Union

The East African Monetary Union is set to be launched soon following its ratification by all the five EAC partner states.

7/02/2015 Saa 16:06:43
Rwanda’s revenue receipts fall short of target

Rwanda’s revenue receipts fall short of target

Rwanda Revenue Authority has again missed its key tax collection targets.

7/02/2015 Saa 13:49:33
New Extension in Project at Kigali Airport : Departure Lounge, New RwandAir Lounge and Walkway Canopies

New Extension in Project at Kigali Airport : Departure Lounge, New RwandAir Lounge and Walkway Canopies

Rwanda Civil Aviation announced that the new extension features include: extension of the departure lounge to allow for more passenger space, more space for duty free shops, and Rwanda air business lounge with support facilities: kitchen and rest rooms.

5/02/2015 Saa 10:23:43
Opinion: Do banks matter in developing countries?

Opinion: Do banks matter in developing countries?

When we export banking to developing countries, are we providing useful services or financial weapons of mass destruction? Author: Paul Mason

4/02/2015 Saa 19:06:39
Japan’s biggest bank is preparing to unveil robot employees with a human touch.

Japan’s biggest bank is preparing to unveil robot employees with a human touch.

Mitsubishi UFJ Financial Group is employing ‘Nao’, a multilingual 5.4-kg robot, who will begin work in a branch in April

4/02/2015 Saa 18:44:38
Research: Toilets are full of Precious GOLD: Engineers look for power and gold in Human wastes

Research: Toilets are full of Precious GOLD: Engineers look for power and gold in Human wastes

Engineer Heinz-Peter Mang has a humble dream. And that dream is to turn human excrement into nuggets of purest gold.

3/02/2015 Saa 18:48:23
Oil prices keep dropping

Oil prices keep dropping

Pump prices for oil products will, effective today, drop to Rwf845, down from Rwf895 per litre, the Ministry of Trade and Industry said in a statement released yesterday.

2/02/2015 Saa 12:31:12
Despite rising GDP, savings, investments remain low in Rwanda

Despite rising GDP, savings, investments remain low in Rwanda

With low national savings, a sustained flat rate of investment plus the uncertainty of aid flows, there is concern about the sustainability of the country’s economic recovery in the long run.
Keeping investments above savings, according to bankers, means that Rwanda has more investment opportunities than it can afford to undertake.
In order to encourage savings, the government has rolled out savings and credit co-operatives (Saccos) at the village level and introduced a stock exchange, among other initiatives.

31/01/2015 Saa 14:28:19
Shortage of low-cost housing to continue biting in Kigali

Shortage of low-cost housing to continue biting in Kigali

The City of Kigali has expropriated hundreds of residents who lived in slums in Kiyovu, Kimicanga and Muhima with the expectation that property developers would invest in modern housing and commercial business structures to accommodate them, but there are still many residents who live in unplanned settlements. Plans to move such families to low and medium scale housing projects have not been implemented and some of the proposed projects seem to have have stalled for years.

31/01/2015 Saa 11:29:49
Rwanda must rally resources to achieve Vision 2020

Rwanda must rally resources to achieve Vision 2020

Rwanda needs to mobilise its domestic resources in order to strengthen its financial independence.

28/01/2015 Saa 16:25:30
Rwanda Rapid Development Exceeds IMF Expectations

Rwanda Rapid Development Exceeds IMF Expectations

President Kagame on Tuesday night received Christine Lagarde, Managing Director of International Monetary Fund (IMF), who is on a three day visit in Rwanda.

28/01/2015 Saa 09:30:03

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