Kamonyi : Plus de 50 participants à l’expo organisée par JADF pour échanger de l’expérience vers le développement

Plus de 50 participants à l’expo organisée par JADF pour échanger de l’expérience vers le développement

  JADF (Joint Action Développement Forum) du District de  Kamonyi a organisé une exposition de trois jours, du 26 au 28 Juin 2015, de 8h à 18h.  Elle a été organisée dans le but d’échanger l’expérience et améliorer les services. Cette exposition s’est tenue au marché de Bishenyi dans le Secteur de Runda. Et elle a réuni 51 participants dont les coopératives, les organisations non-gouvernementales qui font les activités qui visent les intérêts publics, les sociétés financières, les banques, ainsi que, le secteur prive opérant dans le District de Kamonyi. Pasteur Jean Marie Vianney  Mukeshimana, de l’église Presbytérienne au Rwanda et coordinateur de JADF (Joint Action Developpement Forum ) du District de Kamonyi, a fait…

BPR shareholders to lose stake

BPR shareholders to lose stake

Thousands of Shareholders in Banque Populaire du Rwanda (BPR) are to lose their shares in the Bank if they don’t register by this month’s deadline of July 18. Ephraim Turahirwa, the BPR chief executive officer said there are 590,292 shareholders as per the lender’s articles of association, “most of whom have ‘unknowingly’ owned shares in the bank”. The bank started as co-operatives in 1975, and transformed to a commercial bank in 2008. “Some of the shareholders died during the 1994 Genocide against the Tutsi, others due to natural causes. Therefore, there is a large number of people out there with shares in BPR, but are not aware of this fact,” Turahirwa stated. He said many…

Financial sector resilient-Rwangombwa

Financial sector resilient-Rwangombwa

The country’s financial sector has gone through a transformation process towards being a more resilient and stable which creates many opportunities for global investors, says John Rwangombwa, the governor of the National Bank Rwanda (BNR). The Central Bank Chief who was speaking at a news conference shortly after BNR quarterly Financial Stability Committee (FSC) and Monetary Policy Committee (MPC) meetings noted that Rwanda’s financial industry remains sound and stable and even shown signs of growth in what have continued to be troubled economic times. “There is a need to continue strengthening the supervisory functions to support the development of financial institutions and ensure diversification of financial products,” he said. Rwangombwa stated that, MPC decided to…

Rwanda’s trade deficit narrows by 6 percent

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The country’s  trade deficit   narrowed  by  6.0 percent  in the first five months of  2015  compared to the same period  2014,an  impressive   outlook   that  kept  the economy  resilient. The contractionfrom  U$ 722.5 6 million in the  first five months  of 2014 to  U$ 679.22 million in the same period  this year, according to central bank is as a result of   a decline in formal imports that fell  by 5.1  percent   in  value  in  the  first  five  months  of 2015. With   this decline, formal exports were   able to cover 25.2 percent of formal imports in the first quarter of 2015 compared to   24.5 percent coverage in the same period 2014, and this is despite a slight…

Rwanda inflation declines

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Rwanda’s gross domestic product (GDP) grew 7.6 percent in first quarter 2015 from a year earlier, helped by expansion in the agriculture, services and industrial sectors, the statistics office has said. In a statement, the National Institute of Statistics (NISR) said, the agriculture sector grew by 4 percent for the first quarter of this year, while the industry sector grew 7 percent and the services sector grew by 8 percent. According to statistics released last week exports increased by 10.22 percent when comparing to the same quarter of 2014 while imports decreased by 1.75 percent over the same period as of last year. The total value of exports is 101.90 million U.S. dollars, imports is…

Rubavu:  amabanki aratungwa agatoki mu kutorohereza abayagana

Abakorana n’amabanki mu karere ka Rubavu banenga imikoranire

Bamwe mu bagana amabanki mu karere ka Rubavu bavuga ko atabafasha kubona inguzanyo mu gihe cyihuse bigatuma bidindiza imishinga yabo. Mu nama yahuje abanyamabanki, abikorera n’ubuyobozi bw’akarere ka Rubavu tariki ya 17/6/2015, bamwe mubikorera bagaragaje ikibazo cyo gutinza guhabwa inguzanyo bamwe bavuga ko niyo barangije guhabwa inguzanyo badahabwa ibyangombwa baba batanze kugira ngo bahabwe inguzanyo. Bazimaziki Pierre Damien umuyobozi mu rwego rw’abikorera PSF mu karere ka Rubavu, avuga ko hari ibibazo abikorera mu karere ka Rubavu bahura nabyo bijyanye no gutinzwa guhabwa inguzanyo, kuba inyungu bakwa ku nguzanyo baka iri hejuru. Bazimaziki, avuga ko Banki ya Kigali umwaka wa 2014 yatangaje ko yungutse amafaranga agera kuri miriyari y’amafaranga y’u Rwanda, nyamara abayigana bavuga ko bakwa…

Eco bank group records U$ 5.82 million in profits

Eco bank group records U$ 5.82 million in profits

The Eco Bank group has recorded a profit worth U$ 5.82 million for the year 2014, an outlook that   shows a resurgent bank that is able to bolster access to finance across borders on the continent. By the end of December 2014, the pan African bank group that also operates in Rwanda registered US$24.2 billion in total assets and US$2.7 billion in total equity. Accordingly, of the total profit U$ 0.87 million was transferred to special reserves while U$ 4.85 million to retained earnings. “Our accounts for FY 2014 have shown a resurgent Ecobank, which enjoys the confidence of all its stakeholders. We can expect similar positive performance for 2015,” said Emmanuel Ikazoboh, Ecobank Group…

Master card enters Rwandan market

Master card enters Rwandan market

Cogebanque has become the first bank in the country to issue the internationally acclaimed master card in a move seen as part of the Bank’s efforts to expand its clientele base and products variety. Four new master cards were set to be issued by the bank as of yesterday and thus will enable tourists and foreign investors to go cashless a move promoted by the economy. Speaking at the launch of the cards at the company headquarters, Flory Rukokora, the head of electronic banking at Cogebanque noted that the company aims to give consumers variety regarding their choices. “With the launch of these four cards our target aims to give consumers in the country more…

Nyamagabe: Banks should support small scale enterprises

Banks should support small scale enterprises

John Kagarama the coordinator of BDF urged local banks operating in Nyamagabe district banks to extend greater assistance to small and medium scale entrepreneurs to become successful. He said that small enterprises usually collapse due to poor management. Therefore, banks or microfinance institutions are duty bound to advice and guide such ventures to overcome obstacles and steer them on the correct path. Kagarama was addressing BDA representatives, SACCOs as well as small scale traders from different sectors of Nyamagabe district.   Banks should focus attention on small scale entrepreneurs as they are the backbone of not only the rural economy but also the economy of the country. “Banks should devote themselves towards uplifting, this segment…

Nyamagabe: Ibigo by’imari iciriritse birahamagarirwa gukorana n’abajyanama mu bucuruzi

Nyamagabe: Ibigo by’imari iciriritse birahamagarirwa gukorana n’abajyanama mu bucuruzi

Ibigo by’imari iciriritse cyane cyane imirenge SACCO, birahamagarirwa gukorana n’abajyanama mu bucuruzi mu rwego rwo kugira ngo hahangwe imirimo myinshi kandi n’ubucuruzi buciriritse bubashe gutera imbere. Kuri uyu wa 15 kamena 2015, ikigo gishinzwe gutezimbere imishinga iciriritse (BDF) cyahuje abahagarariye za SACCO n’abajyanama mu bucuruzi b’imirenge, mu nama yari igamije guhana amakuru ku mikoranire kugira ngo ubucuruzi buciriritse butere imbere. Umujyanama mu ikigo gishinzwe guteza imbere imishinga iciriritse John Kagarama mu kiganiro twagiranye yadutangarije ko bahuye kugira ngo barebe uko bakorera hamwe kuko intego ari imwe yo guhanga imirimo harebwa ko abantu bagera ku mafaranga. Yagize ati: “ntibayageraho batize umushinga, badafite ingwate n’ubumenyi buhagije bwo gushyira mu bikorwa imishinga yabo, niho abajyanama bazira, niho BDF…