Fitch Ratings Upgrades Rwanda to ‘B+’; Outlook Stable

fitch

Fitch Ratings has upgraded Rwanda’s Long-term foreign and local currency Issuer Default Ratings (IDR) to ‘B+’ from’B’. The Outlooks are Stable. The issue ratings on Rwanda’s senior unsecured foreign and local currency bonds have also been upgraded to ‘B+’ from ‘B’. The Country Ceiling has been upgraded to ‘B+’ from ‘B’ and the Short-term foreigncurrency IDR affirmed at ‘B’. KEY RATING DRIVERS The upgrade of Rwanda’s IDRs reflects the following key rating drivers and their relative weights: High Economic growth prospects are strong. GDP growth averaged 6.9%in 2009-2014 in a stable macro environment, supported by structural reforms. In 2014, Fitch expects real GDP growth to be 6.5% and to increase to 7%-8% in the medium…

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Inyungu abatuye Rugarama muri Gatsibo bacyesha ibigo by’imari

m_Inyungu abatuye Rugarama muri Gatsibo bacyesha ibigo by’imari

Bamwe mu batuye umurenge wa Rugarama mu karere ka Gatsibo bavuga ko gahunda ya leta yo gusakaza ibigo by’imari kugera iwabo mu byaro yabafashije kumenya kuzigama no kubona inyungu zibikomokaho kuko bagurizwa bakabona igishoro cy’imishinga yo kwiteza imbere. Nyuma y’uko aho muri Rugarama hageze Umurenge SACCO, ibindi bigo by’imari byarahageze kandi ngo bigaragara ko benshi mu baturage bagenda babyaza ayo mahirwe umusaruro bizigamira kandi bagasaba inguzanyo zo gukoresha mu mishanga ibateza imbere. Nyiramatabaro Jeanne ni umwe mu batuye Rugarama ngo wagezweho n’ibyiza byo kwegerana n’ibigo by’imari. Agira ati “Mbere tutaregerezwa umurenge SACCO ntitwari tuzi ibyiza n’akamaro ko kwizigamira kuko twabonaga amafarana tukayakoresha uko twiboneye ntitumenye icyo yakoze. Ubu ariko dufite aho tubitsa hafi, amafaranga turayabitsa…

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Rwandan banks growing exponentially, but not taped into abundant opportunities

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KIGALI-RWANDA-Rwanda’s banking sector, regarded as a virgin industry, recorded modest profits in the first quarter of 2014, thanks to a cash-hungry economy recovering from the 2013 slump. The sector recorded Rwf700m in total profits during the first three months to hit Rwf8.8 billion (approx. $10m) measured against last year’s Rwf8.1b, Rwanda’s central bank announced two weeks ago. However, due to a mild contraction caused by aid suspension, only Rwf1.06 trillion (approx. 1.5b) deposits were recorded from Rwf866.4billion (approx. 1.2b) of same period 2013. The loan portfolio helped the industry bounce back from the slump, increasing to Rwf269.8 billion (approx. $384m) in the first five months from Rwf185.1 billion (approx.264m) of 2013 due to a slight…

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Rulindo: abakora umwuga w’ubucuruzi barasabwa kwagura ubucuruzi bwabo bagana ibigo by’imari n’amabanki

m_abakora umwuga w’ubucuruzi barasabwa kwagura ubucuruzi bwabo bagana ibigo by’imari n’amabanki

Bamwe mu bacuruzi mu karere ka Rulindo,barasabwa kwagura ubucuruzi bwabo bukaba ubucuruzi bw’umwuga, kandi butanga inyungu zigaragara,aho guhora bakora ubucuruzi butabavana aho bari mu bukungu. Nk’uko bikunze kugarukwaho n’umuyobozi  wungirije w’aka karere ka Rulindo,Murindwa Prosper,ngo ikiza ni uguhitamo ibyo umuntu acuruza ,kandi abona ko bizamuzanira inyungu igaragara, ku buryo umucuruzi abasha kwiteza imbere,agateza n’igihugu imbere muri rusange. Ibi yabibasabye mu nama yagiranye na bamwe mu bacuruzi bo muri aka karere ,mu murenge wa Base,mu mpera z’icyumweru gishize,aho bari bahuriye hamwe ngo barebere hamwe uburyo bakwagura ubucuruzi bwabo,bakorera hamwe,biyubakira inzu y’ubucuruzi,mu rwego rwo kurushaho gukora neza no kwiteza imbere. Uyu muyobozi kandi yagiriye inama aba bacuruzi yo  kwagura ubucuruzi bwabo ,barushaho kugana ibigo by’imari n’amabanki bikorera…

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Cyintare: Kwizigamira amafaranga ijana mu cyumweru byatumye bibikaho itungo mu gihe kitageze ku mwaka

Kwizigamira amafaranga ijana mu cyumweru byatumye bibikaho itungo mu gihe kitageze ku mwaka

Bamwe mubaturage batuye mu kagari ka Cyintare mu Murenge wa Kivuruga bemeza ko kwizigamira bitagomba kugira ibyamirenge kuko ayo wakwizigamira yose atabura kuguha umusaruro bitewe n’intengo wiyemeje kuzarasaho. Bamwe mubagize Itsinda Abishyizehamwe bavuga ko kumafaranga macye babasha kubona bagira ayo bagomba kuzigama rimwe mu cyumweru kugirango bazabashe kurasa ku ntego (Guhigura umuhigo baba barahize). Uwitwa Jean Damascene Ntamukunzi, umuyobozi w’itsinda abashyizehamwe ryo mu Kagari ka Cyintare mu Murenge wa Kivuruga, avuga ko nubwo bakorera amafaranga macye ashoboka ariko ngo babasha kwizigamira kandi bakabona umusaruro wabyo. “Dukorera amafaranga macye ashoboka kuko inaha dukorera Magana atanu, ariko kubera ako gatsinda abashyizehamwe buri wa kane tugenda dutangamo Magana abiri kandi twaratangiye dutanga ijana tukaza no kurasa ku ntego…

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Rusizi – Gihundwe: Abamenye kare ibanga ryo gukorana neza na sacco baratera imbere.

m_Abamenye  kare ibanga ryo gukorana neza na sacco baratera imbere

Nubwo umurenge wa Gihundwe ari umwe mu mirenge 3 igize  umujyi wa Rusizi, kandi uyu mujyi ukaba ubarirwamo amabanki hafi ya yose akomeye akorera mu gihugu, hakaba na banki y’abaturage abo baturage bari bamenyereye kuva kera, umuntu yakwibwira ko umurenge sacco wawo  utapfa kubona abawugana muri uwo mujyi bahagije nk’abagana ayo mabanki dore ko ngo bari banafite n’impungenge zayo mabanki, ariko ngo siko biri kuko nawo ubona abawugana kandi bagakorana neza. nk’uko twabitangarijwe n’umucungamutungo w’umusingi sacco ya Gihundwe, madame Kangabo Marie Chantal, ngo koko ibyo benshi barabyibaza, ariko igitangaje ni uko iyo sacco iganwa cyane ndetse inakunzwe n’abanyagihundwe nk’uko bakunda kandi bakagana ibindi bigo by’imari bicirirtse ndetse n’amabanki akorera mu mujyi wa Rusizi. Madame Kangabo…

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