Rwanda’s economy maintains 7.4% growth, despite a staggering trade deficit

National-Bank-maintains1

Rwanda’s economy has maintained a steady growth of 7.4% thanks to a booming service industry which rose by 22.4% from 12.6% in the first quarter. Central Bank Governor, John Rwangombwa said private sector financing grew by 47.8% from 12.4% of 2013 in the same period. Central bank Chief Economist, Dr. Thomas Kagabo, attributes said liquidity into commercial banks was a major tool that allowed them to lend more and remain stable. Meanwhile all construction projects that had been put on complete hold at the end of 2013, have contributed 8%. Manufacturing made a turnover of 13.1%. Rwanda is experiencing growth while recovering from a meltdown that dragged the economy to 4.7% in 2013 due to…

Abanyamuryango ba Mwogo SACCO barishimira ibyo bamaze kugeraho

Abandi bagurijwe amafaranga bayashora mu buhinzi

Abanyamuryango ba Mwogo SACCO barishimira ibyo bamaze kugeraho binyuze mu kuzigama no gukoresha neza inguzanyo bagenda bahabwa n’iyi Koperative Umurenge SACCO yo mu murenge wa Mwogo mu karere ka Bugesera mu myaka itanu ishize iyi Koperative ikora. Abanyamuryango ba Koperative MWOGO SACCO, bavuga ko bishimira byinshi bamaze kugeraho mu iterambere byose babicyesha kuzigama no gukoresha neza inguzanyo bahabwa na Koperative MWOGO SACCO kuva yatangira gukora mu mpera z’umwaka wa 2009 nk’uko bivugwa na Kayitare Vicent umwe muri abo banyamuryango. Agira ati “ ubu simbura ubwisungane bwo kwivuza kuko mbitsa igihumbi buri kwezi maze kikamfasha kuyigura ntavunitse. Uretse n’ibyo kandi nabashije kugura televiziyo n’ibijyana nayo kubera amafaranga bampaye”. Bamurange Jeanine nawe ni umunyamuryango avuga ko mbere…

Gisagara : Abagore barahamagarirwa kwitinyuka bakagana ibigo by’imali

Abagore barahamagarirwa kwitinyuka bakagana ibigo by’imali

Kuko byagaragaye ko umubare w’abagore bitabira kubitsa no gusaba inguzanyo mu bigo by’imali mu karere ka Gisagara ukiri hasi, abagore barasabwa kwitinyuka nabo bakamenya gukora imishinga ibateza imbere maze bakanatinyuka bakegera ibigo by ‘imari bikabaguriza bikanabazigamira. Nyiraneza Christine, utuye mu murenge wa Mamba muri aka karere, avuga ko kugana Sacco atabyanze ariko ko ntacyo yabona ajyana mo ariko kandi ngo yumva bitamuhangayitse kuko umugabo we ayirimo. Uku kumva ko kuba umugabo ayirimo bihagije nibyo Mukamana Valerie utuye mu murenge wa Kibirizi agarukaho we asobanura ko binaterwa no kuba abagore bakitinya bakumva ko badashobora kugana banki, kuko ntacyo bafite bajyanamo, kandi ko bataguza ngo bakore batinya guhomba kandi byaragaragaye ko bashobora gutera imbere nabo. Ati “Byose abagore tubiterwa…

Gatsibo: Bamaze kwiteza imbere kubera gukorana n’Umurenge SACCO

Gatsibo: Bamaze kwiteza imbere kubera gukorana n’Umurenge SACCO

  Icyicaro cy’ahakorera GIRIBAKWE Remera Sacco Bamwe mu baturage bo mu kagari ka Rwarenga mu Murenge wa Remera mu karere ka Gatsibo, bavuga ko gukorana n’Umurenge Sacco byatumye batera intambwe igaragara mu bukungu kuva aho bamenyeye ibyiza byo kwizigamira. Nsabimana Maritini na Mpagazehe Patrick bakora umwuga wo gutwara abagenzi kuri moto, bavuga ko kuva batangira gukorana n’Umurenge Sacco bamaze kwiteza imbere ku buryo bugaragara. Nsabimana yagize ati:” Iyo maze kuverisa databuja,(kumuha amafaranga y’umunsi) amafaranga asigaye yose nyabara ko ari ayanjye kuko niko twabivuganye, yose mpita nyabitsa muri Sacco, maze umwaka nkorana nayo ku buryo ubu bampaye inguzanyo nkaba maze kwiyubakiramo inzu ihagaze miliyoni eshatu n’igice.” Kimwe na mugenzi we Mpagazehe yemeza ko kuva yatangira gukorana…

Nyamasheke: Nyuma yo kugirwa inama, SACCO ya Bushenge iri kuzanzamuka

Nyamasheke: Nyuma yo kugirwa inama, SACCO ya Bushenge iri kuzanzamuka

SACCO ya Bushenge, imwe mu bigo by’imari biciritse byavuzweho ibibazo by’imicungire mibi y’abakozi n’umutungo mu minsi ishize ngo yongeye kuzanzamuka kuri ubu ikaba ikomeje kwiyubaka no gutera imbere biturutse ku kuba harahinduwe inzego z’ubuyobozi bwayo. Ibi biremezwa na Richard Mugambage uhagarariye ikigo cy’u Rwanda gishinzwe amakoperative RCA, Rwanda Cooperative Agency mu ntara y’Iburengerazuba, uvuga ko SACCO ya Bushenge yagize ibibazo bikomeye mu micungire n’imiyoborere bigatuma RCA ibagira inama yo guhindura ubuyobozi bw’inzego n’imicungire y’abakozi kugira ngo ikomeze gutera imbere. Yagize ati “Twabasabye guhindura inzego z’ubuyobozi kugira ngo imicungire n’imiyoborere bya SACCO birusheho gutera imbere kandi ubu biragaragara ko aho byahindukiye hari ikimaze kugerwaho kandi dufitiye icyizere inzego zagiyeho zishyizweho n’inteko rusange ko zizakomeza gukora neza…

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

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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…

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…

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…

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…

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…