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 (…

I&M Bank makes a formal entry into Rwanda

Fred Oluoch-Ojiwah

Banque Commerciale Du Rwanda Limited (BCR) this September 06th hosted, a cocktail at Serena Kigali to launch I&M entry into Rwanda, guests in attendance were in agreement that the event signified BCRís next growth path in the East African …

The RDB Doing Business reforms set in motion a whole new chain of construction lattices

Redefining the Rwanda construction sector It represents a quantum shift in attitudes of Kigali architecture, a sudden realization of its role in defining and refining the city based on the power of design to reinvent, heal, and transform a city, by creating systems, solutions, and environments that positively impact on …

NPD Cotraco to go regional

Matthew Rwahigi

NPD-Cotraco is a Rwandan construction company that has since 1996 provided real estate construction, civil engineering works and the manufacturing of construction materials. However, beyond construction, the Rwandan-based company has a good image for quality in the East and Central African regions, helping to expose Rwanda to the outside world. In …

Capital markets set to take key role in driving Rwanda’s transformation

Dr James Ndahiro

Rwanda’s heavy reconstruction agenda has continued attracting investor attention from nearby and even from further a field. Although Rwanda’s medium- and long-term development challenges remain large and complex, the kind of progress registered in the last 15 years or so is without a doubt ,remarkable. The complexity …

Why Rwanda’s capital markets is on the verge of take-off needed to fuel the transformation agenda

It has been 5 years ever since Rwanda embarked on a programme to develop a capital market from scratch. Robert Mathu Executive Director at Capital Markets Authority (CMA) has been part of the short but well planned journey. The journey, Mathu says entailed the establishment of a transitory advisory council that …

Rwanda’s Capital market is ready for investors

John Rwangombwa

By John Rwangombwa Following the 2005 Financial Sector Assessment Program (FSAP), the Government of Rwanda (GoR) has developed and adopted an extensive Financial Sector Development Plan (FSDP) aiming at developing a more modern, competitive, open and inclusive financial sector. The 5 year plan covers all components of the financial sector including: banking …

The Exit by Actis strengthens BCR’s Position in Rwanda’s Banking Sector.

Actis, the pan emerging markets private equity firm and Government of Rwanda mid last month confirmed the sale of Actis’s interest in Banque Commerciale du Rwanda(‘BCR’) to a Kenyan regional bank, I&M Bank Limited (‘I&M), and French and German development finance institutions, …

New platform to boost regional tourism receipts by 20 % over the next 5 years

Fred Oluoch-Ojiwah

A newly launched private sector -led initiative meant to assist with regional integration using tourism is expected to significantly boost intra and inter-regional tourism by 20 percent in the next 5 years. Known as the East African Tourism Platform (EATP), the initiative is being championed by the private sector bodies for tourism …

BK firmly repositioning as a regional bank- James Gatera

Fred Oluoch-Ojiwah

Bank of Kigali (BK), Rwanda’s biggest bank by total assets and capitalization has been in the regional and international news ever since its shares debuted at the Rwanda Stock Exchange (RSE). Since 2009, the BK has been repositioning itself as a formidable retail bank in the Rwanda banking sector …

World Bank and GoR Launch Rwf3bn Competitiveness Project 40% of Rwandans to Benefit

Mansur Kakimba

Rwanda is the third best place to do business in Africa—only after Mauritius and South Africa according to the World Bank 2012 rankings, yet as experts observe, this will only be sustainable if there is a matching competitiveness in Rwanda’s key economic …

Primus Guma Guma Superstar, Rwanda’s home grown musical talent search programme aims at taking local music to the world stage

Fred Oluoch-Ojiwah

For the last 2 years or so Rwandans have been treated to various forms of electrifying musical shows never before witnessed in the history of the country’s emerging show business. Dubbed The Primus “Guma Guma” Super Star, the event is designed as a home grown initiative meant …

Inyange gets ISO Certification, A symbol of Quality & Safety of its Products

Matthew Rwahigi

Inyange Industries, a leading producer of agro-based beverages in Rwanda since 1997, received international recognition for the quality of its products on the 15th of June, 2012. The recognition from the International Standards Organization’s ISO 22000:2005 certificate, will be among many other things to improve the brand image of Inyange products, …

Doing Business Reforms continue to impact the Rwanda economic environment Benefits seep deeper

Herbert Muhire

Phillipe Kanyehara is an indefatigable businessman, a proprietor of SOBAC, dealing in hardware and building materials, a trade he has been engaged in for the last 20 years, in the Central Business District of Nyarugenge in Kigali City. But his business has not been a smooth road to tread. It has …

Bralirwa improves its distribution footprint in the market

Fred Oluoch-Ojiwah

Rwanda’s largest alcoholic beverages and soft drinks manufacturer Bralirwa Ltd has improved its distribution foot print in the market paving the way for sustaining further its leadership position even as competition …

RDB- Newer Reforms to Ease Investment in the City

Kigali City, Rwanda’s capital city is one of the fastest growing cities in Africa. A number of cities on the continent are faced with bad effects of poor urban planning, such as accidents, disease outbreaks, congestion, pollution and environmental degradation and so …

Rwanda: abundant energy opportunities

For long, Rwanda’s potential in almost all economic spheres had been laid to dormancy, with much resources left idle, and improvement of living standards remained elusive. In the last 18 years, however, there have been enormous improvements in the way the resources are put to use to defeat necessity. The …

QATAR AIRWAYS OPENS KIGALI-DOHA ROUTE A Fleet of 108 Modern Aircraft, Flying to 113 Destinations

Wednesday, March 21, 2012 at around two o’clock the brand new Qatar Airways Airbus A320 Neo, touched down amidst water salutes and traditional Kinyarwanda performances at Kigali International …

Celebrating the 75th Birthday of Plan International in Kiziguro Sector

On March 20, 2012, in Kiziguro Sector, Gatsibo District—Eastern Province, local leaders, residents, pupils, parents and Plan Rwanda staff—all smartly don in branded Plan Caps and T-shirts convened in big numbers at Kiziguro Secondary School to celebrate the 75th birthday of Plan International. It is now 5 years of …

STOP RENTING, OWN YOUR HOME With the new SORAS—KCB Collateral Replacement Indemnity (CRI) Product

Ever summed up the monthly rentals you pay to your landlord, plus the stress and inconveniences caused month in month out? You also cannot afford equity contribution (percentage) to benefit the house mortgage. Do not worry, Soras Assurances Generales Ltd (SORAS) the leading Insurer in Rwanda and Kenya Commercial Bank (…

KIGALI HEATH INSTITUTE (KHI) Showcases its Clinics, Teaching and Learning Activities & Programmes

Kigali Health Institute (KHI) Friday March 23 organized its open day to showcase a variety of its health clinics, activities and educational programmes at the Institute’s campus in Kiyovu, Kigali District. The event was well attended by major partners and stakeholders in the health sector but mostly the general …