Bugesera: Worth approximately US$ $700 million, the project is designed to be executed across four phases With the backing of the African Legal Support Facility, the Government of Rwanda has taken a concrete step toward becoming a transportation hub for the East African region with the signing of …
Read More »Rwanda budget boosts manufacturers
Rwanda Budget scraps tax on imported textile machinery, tannery equipment Kigali, Rwanda | IVAN NGOBOKA| In a bid to boost domestic manufacturing, the government of Rwanda has scrapped tax on imported textile machinery and tannery equipment. The announcement was made during the presentation of the 2017/18 Budget before Parliament on …
Read More »Bank of Kigali seeks foreign listing
Nairobi, Johannesburg, London under consideration After a 5-year wait, Bank of Kigali appears set for another big move; this time a listing on one of the top bourses either regional, continentally or globally. If the deal goes through, it will make the bank the first company out of Kigali to …
Read More »Kigali Genocide Memorial reflects the mood of the times
The traffic to Kigali Genocide Memorial in Gizozi is now considerably big, considering the fact that this is a time several family members and friends visit the memorial site to lay wreaths of flowers on the graves, and pray for loved ones who lost their lives during the genocide. The …
Read More »RWANDA: Party of business
The Rwandan Patriotic Front’s business empire RWANDA has a reputation for enterprise. Its government has largely stamped out small-scale corruption and trimmed regulations, making the country the second-best place in Africa to do business, according to the World Bank’s widely-followed ranking. But the dominant political party, the Rwandan Patriotic Front …
Read More »Rwanda to pilot India innovations
Rwanda is to host an India Innovation Growth Programme for the East African region, according to an agreement signed between the two countries on Feb. 20 in Kigali. Under the agreement, the India-Rwanda Innovation Growth Program is being launched to enable India expand ties in science, technology and innovation between …
Read More »Kigali enforces ban on business offices in residential premises
The office space business in the Rwandan capital Kigali is undergoing remarkable innovations as people dash to beat a March 2017 deadline to vacate offices from residential premises. The directive announced in early January gave businesses and Non-Government Organisations operating in residential premises a three months ultimatum to vacate. City …
Read More »Madhvani Group acquires Kigali’s Umubano Hotel
The new investor will renovate the facility to tap into growing country’s tourism sector Rwanda’s hospitality industry has received a major boost after Uganda’s Madhvani Group acquired Umubano Hotel, ending a long-running delay that was hurting the credibility of this facility as well as tourism prospects. The 4- star facility …
Read More »Indi-Rwanda partnership
Rwandair, Agriculture, Energy, Defense to benefit Rwanda President Paul Kagame while on a visit to India invited Prime Minister Narendra Modi on Jan.10 to work out collaboration on exploring the methane reserves in his country. India which is in the midst of an energy quest, according to news reports there, …
Read More »Gasabo youth makes fortune from banana stems
Banana is like the tale about seven blind people and the elephant. To some people, it’s food, for a farmer it is fodder for animals, and for alcohol manufacturers; it is a raw material for some gins and beer like Urwagwa. But for one youth in Gasabo district in Kigali …
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