Access bank registers Rwf369 million net profit decline

m_Access bank registers

Access  bank  has  registered a  net profit  decrease  of Rwf369 to Rwf360 million  in the first half of the year  down from  Rwf729 million  in the same  period under review   in 2013, indicating almost  50 percent decrease. Whilst, the bank’s total assets   climbed to Rwf50.6 billion up from Rwf48.9 billion by end of December  last year. The bank saw its loan book portfolio growing to Rwf14.5 billion in 2014 up from Rwf13.2 billion by the end of last year which was pushed by mortgages that climbed to Rwf5.1 billion by end of June up from Rwf1.9 billion in 2013. On the other hand, Treasury loans saw an increase of Rwf1.6 billion by end of June…

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Bwira: Abaturage biyubakiye ishami rya SACCO y’umurenge ryemerwa na BNR

Abaturage biyubakiye ishami

Umurenge wa Bwira ni umwe mu mirenge 13 igize akarere ka Ngororero ukaba uri nko ku birometero 50 uvuye ku biro by’akarere ka Ngororero. Ugizwe n’imisozi ihanamye hamwe n’ibibaya bito bito bikikije imigezi iwunyuramo. Ni umurenge bigoranye kuwugeramo bitewe n’imihanda yaho iteye nabi kandi idatunganyije kuko ikorwa n’imirimo y’umuganda w’abaturage gusa. Ni umwe kandi mu mirenge ivugwamo ubukene kurusha indi muri aka karere. Koperative TERIMBERE SACCO BWIRA ni kimwe mu bisubizo abawutuye bafashe mu kongera ibikorwa by’ishoramari no gukorana n’amabanki. Nyuma y’igihe kitarenga umwaka babonye inyubako ya SACCO ku rwego rw’umurenge kubufatanye bw’inzego zitandukanye, muri uyu murenge biyubakiye ishami ry’iyo SACCO mu kagari ka Gashubi ahari acasantere k’ubucuruzi gatuwe cyane hamwe n’isoko rihuza abantu benshi….

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Ngoma: Ibimina bivuguruye byatumye biteza imbere kuburyo bushimishije

Ngoma

Bamwe  mu baturage  batuye  mu murenge  wa Rukumbeli ,  mu karere  ka Ngoma  bavuga ko bamaze  kwiteza imbere  kuburyo butandukanye  babikesha kuba baritabiriye  gahunda y’ibibina bivuguruye bagejejweho na Cartas Diocese  ya Kibungo kubufanye  n’ umuryango witwa CRS (Catholic Relief Service). Ibibina  bivuguruye  ni uburyo  abaturage  bakoresha bakajya  bahura  rimwe  mu cyumweru cyangwa mu kwezi bakizigamira ndetse  bakanagurizanya, uwuhawe inguzanyo akazatanga inyungu  ku mafaranga  bunvikanyeho . Aba  baturage  babitangaje  ubwo basozaga  umwaka w’ikibina  aho bagabanye miliyoni 42 z’amafaranga y’u Rwanda bari bizigamiye  muri uyu mwaka . Ndikubwayo Theopiste utuye  mu mudugudu wa Maswa ya I, akagari ka Rubona, Umurenge  wa Rukumberi , avuga ko  iyi gahunda  yamufashije  mu kwiteza  imbere akiyubakira  inzu  yo kubamo  none  ubu  akaba afite  na Butike . Yagize ati  ”  Natangiye  nizigama igihumbi mu cyumweru ngera aho kwizigama ibihumbi 25 mu kwezi  , ayo mafaranga nizigamye yaramfashije  kuko nabashije kubaka inzu  ndetse  ubu nkaba ndi umucuruzi ukomeye mfite  butike irimo ibicuruzwa bifite agaciro k’ibihumbi 600 Rwf. “ Padiri Oscar  Rugimbura,  uhagarariye Cartas  Dioseze  ya Kibungo  akaba ari nayo  yakanguriye aba  baturage kwitabira  iyi  gahunda  y’ibibina bivuguruye ku bufatanye n’umuryango…

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Tax bases grows 16% after govt introduces tough rules

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Barely six months after the introduction of Electronic Billing Machines, Rwanda revenue authority (RRA) says the results are impressive. Speaking at this year’s tax payers’ day celebration on Saturday, the commissioner general of RRA, Richard Tushabe, said the machines are helping the government increase its tax base. The commissioner also said the tools have helped cut down time spent screening books of accounts. “Auditors used to spend hours investigating and going over massive documentation, but with the EBM, audits are easily conducted,” he said. Tushabe also said RRA is now able to catch tax evaders with less effort. The same technology is used in countries such as Sweden, Germany, Greece, Ethiopia and Kenya to combat…

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BK in 35% half year profits

Bank of Kigali

Bank of Kigali (BK) has announced its annual half profits posting a more than 30 percent profit as compared to last year’s results. Bank of Kigali also the first bank to be listed on the stock exchange is proving to be a hit for its investors with its increased rise in net income.   The bank’s net income from banking activities increased to Rwf30.6 billion from Rwf25.2 billion during the period. Its loan book also expanded, with equipment loans taking the largest share, increasing from Rwf54.6 billion last year to Rwf81.4 billion by end of June. Mortgage loans dropped to Rwf44.1 billion, from Rwf49.1 billion last year, indicating a Rwf5 billion decline. Treasury and consumer loans…

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Equity in profit figures finally

Equity in profit figures finally

Equity Bank has posted Rwf194.4 million net profit for the first half of this year compared to the Rwf806.3 million loss it made in the same period last year, a financial statement from the lender indicates. According to the statement, the firm registered an increase in its total operating income from Rwf 2.11 billion end June last year to Rwf3.7 billion this year. However, it saw an increase in total operating expenses from Rwf2.9 billion to Rwf3.4 billion during the period. Its total assets went close to doubling during the period, increasing from Rwf38.8 billion end June last year to Rwf57.4 billion this year. The firm, which plans to cross-list on the Rwanda Stock Exchange…

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