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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
East African equity markets top in sub-Sahara Africa

East African equity markets top in sub-Sahara Africa

Nairobi – East African capital markets were the best performers in sub-Sahara African during 2014, topped by the Tanzanian bourse that grew by 22.7 per cent, followed by Uganda at 14.1 per cent and Kenya, 13.3 per cent, a report by fund manager PineBridge indicates.

24/01/2015 Saa 18:09:46
Reopening of the railway Zambia - Tanzania after a 5 day strike

Reopening of the railway Zambia - Tanzania after a 5 day strike

The railway linking Zambia to the port of Dar es Salaam, Tanzania , was reopened Friday after five days of strike of the employees of the Authority railways Tanzania - Zambia ( TAZARA ), the movement was declared illegal by the justice , according to a statement.

16/01/2015 Saa 19:42:02
EAC Debates EU Trade Agreement

EAC Debates EU Trade Agreement

After years of negotiations between the East African Community (EAC)—the regional organization including Burundi, Kenya, Rwanda, Uganda and Tanzania—and the European Union (EU), early reports suggest that the two partners will sign a comprehensive trade deal, an Economic Partnership Agreement (EPA), by the end of the month.

21/09/2014 Saa 12:24:28

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