Rwanda Revenue Authority Introduces Electronic Billing Machines

Mansur Kakimba

Taxpayers registered for Value Added Tax (VAT) are now obliged by law to issue tax receipts using electronic billing machines certified by RRA. The initiative is one of the new measures to assist taxpayers in proper book keeping and sales management.The system comes with many advantages; it is intended …

Services sector expands by 12 percent to take the lead in 2012 GDP growth

Rwanda’s sterling economic performance that has averaged 8.2 percent growth per annum over the last 5 years is set to receive further boost from a robust performance last year of both its industrial and service sectors. It is highly anticipated that the two sectors average growth seen as key drivers of …

Private Sector upbeat about New law on VAT Payable on Public Tenders

Mansur Kakimba

Finally, the Business People in Rwanda have the reason to smile, following the enactment of the new law on tax procedures that was passed on January 28, 2013 requiring all public (government) institutions to withhold VAT (Value Added Tax) on all public tenders, and strictly declare and pay it (VAT) by 15th …

TAX PAYMENT IN RWANDA GOES HI-TECH

Mansur Kakimba

RRA Tax Payment Modernisation Agenda: ReSW, E-Tax …

Bralirwa Limited holds a special memorial for victims of 1998 killings in Gisenyi

Fred Oluoch-Ojiwah

A sombre mood engulfed worshippers who gathered at Stella Maris Catholic Church in Gisenyi for a special service. Families, local leaders and mem- bers of Bralirwa staff and retirees gathered for a special prayer service to remember all the Bralirwa staff members at the Gisenyi brewery who fell victims to …

TradeMark East Africa Rwanda’s full participation in EAC provides limitless opportunities to its economy

Fred Oluoch-Ojiwah

Rwandan policy makers view the East African Community (EAC) as a regional economic bloc that offers its rapidly growing economy access to new markets and an opportunity to reduce the disadvantages of being landlocked. The search for better economic prospects via regional integration that Rwanda is seeking is captured in …

Rwanda’s 2012 investment Outlook

Over 50 percent of registered investment consists of a new wave of Foreign Direct Investments calling on EAC’s top investment destination A combination of favourable factors worked in Rwanda’s favour during the course of the fiscal year 2012 to enable her economy to register the highest ever investments in recent …

Car & General Beyond meeting your automotive needs

Car &General is a time-honoured Kenyan-based firm specializing in the supply of power equipment spanning 14 Countries. The products in which they have a long time specializations include the supply of automotive and specific engineering products that either generate or enhance power such as generators and lawn …

Hanga Umurimo Program tackling Unemployment Head-On

Daniel Sabiiti

“Start small, grow big” “Hanga Umurimo” is a Kinyarwanda dialect, translated as “Create Own Jobs”. It is Program aimed at sensitizing the Rwandan population to come up with innovative business ideas for job creation. It involves empowering communities with basic business skills and identifies individuals with entrepreneurial aptitude and nurture …

Bralirwa takes greening values to schools

The verdant wooden hills in Rwanda's countryside have got a story of their own to tell. A story of rejuvenation and regeneration. A story of a people's commitment to a new life and new values. And a story of hope to living in a clean green environment. Such is the …

Rwanda; capital markets in 2012

Deepening to be key aspect of new 5 year plan for Rwanda's capital …

Sulfo Rwanda Industries an Important milestone in a 50 year journey

Sulfo and Rwanda- a shared destiny For 50 years, Sulfo Industries Rwanda has been part of Rwanda's economic realization, being among the countryís pioneer industries. As the company's Managing Director says, the journey has not been smooth all through, with constraints here and there and that they have managed …

Bralirwa; US$40million investment advances to plan.

70 percent of the civil and associated planned works already completed with high prospects of commissioning by March next year Bralirwa Ltdís investment upgrade programme worth US$40 million that was announced early in 2012 advances according to …

GroFin’s model of combining finance and business support ideal for growth of the small and medium enterprises (SME) sector in Rwanda

Research has shown that it is not only access to finance that is important for SMEs to succeed but also business support needed to assist entrepreneurs to grow their businesses. Finance and value-adding business support offered as a package helps addresses the core challenges SMEs face improving their chances of …

Trademark East Africa; Efforts to reduce the time to transport goods is now paying off

Fred Oluoch-Ojiwah

It is a well recognized fact that East Africa’s regional integration agenda is now entering a new phase of implementation fuelled by new measures involving a number of stakeholders. Among them is a not-for-profit organization known as TradeMark East Africa (TMEA) whose vision is to create “a …

Mount Kenya University Rwanda: “Scaling the Heights of Education”

For the entire two years Mount Kenya University, a Kenyan based university has been in Rwanda, a noteworthy breakthrough has been perceived in the country’s higher education circles, concocting young people into professionals to fit the now high skills demanding job …

Investing in Rwanda’s Agri-business sector

Rwanda’s location in the region affords it a set of unique natural advantages for investors seeking opportunities in the agri-business sector. The timing is just right for sector investors as a combination of favorable factors developed over time can work to the advantage of those wishing to partake …

SINA GERARD; Rwanda’s foremost agri-business entrepreneur

He is widely known as Rwanda’s foremost agri-business entrepreneur. His interests are diverse spanning restaurants, bakeries, a juice and wine factory , a school and extensive land holdings. Having started with practically nothing, his rise to the top is a typical rags to riches story in Rwanda. Sina Gerard&…

Over 15,000 farmers are beneficiaries of Inyange’s vision of quality assurance in Rwanda’s agri-business sector

Inyange Industries Ltd is Rwanda’s leading food processing industry with quality assurance being at the very core of its competence. This kind of competence as part of its overall production value chain is premised on assisting its contracted farmers in boosting their yields at farm gate levels in …

Inyange’s acquisition of Savannah Diary Ltd set to boost farmer incomes in Nyagatare

Inyange Industries Ltd is investing capital and processing expertise in ensuring that Savannah Diaries Ltd based in Nyatagare steps up its value chain with farmers in order to ensure more farmer incomes doing business with the dairy …

What Rwanda’s notable investors say about the effects of Reforms in doing business

Herbert Muhire

It is a known fact that the last 2 years investment registration in Rwanda has recovered tremendously in the wake of the global financial crisis courtesy of wide ranging reforms in doing business along with other measures. Official statistics from Rwanda Development Board’s Investment Promotion and Implementation Department says that …

RSwitch the national electronic payment system developer rebrands

Rwanda’s national electronic payment systems have in the recent past been upgraded to incorporate some features that have simplified the whole process of financial transactions. Such upgrades include the introduction of debit and ATM cards on the market and highly reliable Automatic Teller Machines (ATMs), transformations that have come …

Lake Kivu Serena a perfect getaway

The hotel is popularly recognized as a relaxing destination due its exemplary services, its scenery consisting of tropical gardens and sea sports compliment the hotel’s splendor. Lake Kivu Serena is located at the heart of Gisenyi town, just a few hoursí drive of about 160 Kilo Meters from Rwandaís …

Kigali Institute of Education Injecting competence into the teaching profession

With an objective to offer high level teaching in various fields and in technology and conduct research in various matters as well to help the population solve their problems, the Kigali Institute of Education, a public higher learning institution was established in the year 1999. This was made possible by combined …

Kinazi Cassava Plant transforming cassava farming in the country

Matthew Rwahigi

At close to 31km off the main road in Ruhango district, Kinazi sector, an area widely known for its cassava production harbours the Kinazi Cassava Plant (…