Abikorera bo muri Burera ngo bashonje bahishiwe

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Guverineri w’Intara y’Amajyaruguru yizeza abikorera bo muri Burera ko bashonje bahishiwe kuko ibikorwa remezo biteza imbere ubucuruzi bwabo bizakomeza kubagezwaho bidatinze. Isoko mpuzamipaka riri kubakwa ku mupaka wa Cyanika ngo rizazamura ubucuruzi Guverineri Bosenibamwe atangaza ibyo mu gihe ku mupaka wa Cyanika uri muri ako karere hatangiye kubakwa isoko mpuzamipaka, rigizwe n’umuturirwa w’amagorofa atatu. Bitarenze ukwezi kwa Nyakanga 2016 kuri uwo mupaka kandi harubakwa inyubako za gasutamo ihuriweho n’u Rwanda na Uganda izwi nka “One Stop Border Post”. Usibye ibyo n’umuhanda wa kaburimbo uturuka kuri uwo mupaka ugana mu mujyi wa Musanze, watangiye kuzamo ibinogo kubera gusaza, nawo uri hafi gusanwa kuko ngo inyigo yo kuwusana irangira mu kwezi kwa Kamena 2016. Hiyongera ho kandi…

Rwanda and US University Sign Deal to Invest in Social Impact

Wharton University MBA students meeting with President Paul Kagame

Rwanda is engaging social impact investors to take part in the country’s development agenda. Rwanda last year signed a deal with a US based Wharton University to facilitate knowledge exchange and encourage policy change in national markets. The academic institution is a global leader in Business and Finance studies. About 30 MBA students today met with President Paul Kagame at Village Urugwiro. The president told students that Rwanda has used its human capital to move from scratch to economic growth despite suffering the 1994 genocide against Tutsi. “22 years ago we saw bad things humans are capable of, today you see the good the same human beings are capable of,” Kagame said during interaction with…

Rwanda successfully issued Rwf 10Billion 15 year fixed coupon Treasury bond

John Rwangombwa, Governor of the Central Bank

The government has through the Central bank successfully issued a 15 year bond worth Rwf 10 billion on Wednesday, announcing its part of its regular issuance to finance infrastructure and development of capital markets. The Central bank says that the bond attracted more retail investors accounting for 48 orders from the 57 applications received by the bank which it says was higher compared to February this year. “This is the longest tenure bond issued ever since the government started issuing treasury bonds and it’s over subscription of 215.5 percent shows good appetite for government bonds,” said John Rwangombwa, Governor of the Central Bank on Thursday. Accordingly, the retail investment represented 14.61 percent of the total…

Kumurika ibikorwa bibafasha kugaragaza ibikorerwa abaturage

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Abafatanyabikorwa b’Akarere ka Gatsibo hamwe n’abandi bakora ibikorwa bitandukanye, bavuga ko iyo bamuritse ibyo bakora bituma gahunda zabo zimenyekana.   Imishiga itegamiye kuri Leta yitabiriye kumurika ibyo ikorera abaturage Aba bafatanyabikorwa batangaje ko ubwo baganiraga na bo kuri uyu wa 18 Gicurasi 2016, aho bitabiriye imurikabikorwa mu rwego rwo kugaragariza abaturage b’Akarere ka Gatsibo ibyo bakora hagamijwe kurushaho kuzamura iterambere ry’Akarere. Mbonimpa Epimaque wari waje ahagarariye Koperative COBANYA ihinga mu buryo bwa kijyambere imyaka itandukanye, avuga iki gikorwa cyo kumurika ibyo bakora babivanamo inyungu nyinshi, kuko ngo bituma barushaho kumenyekana bityo n’abaterankunga bakiyongera. Yagize ati”Iki gikorwa uretse kuduhuza n’abaterankunga, kinadufasha kubona amasoko y’umusaruro wacu, kuko abatugana bareba ibyo dukora bagasanga dufite umusaruro ufatika kandi w’ubwoko…

Gatsibo: Hafashwe ingamba mu kwitabira gahunda y’Ikigega Agaciro

Manzi Theogene Umuyobozi w’Akarere ka Gatsibo wungirije ushinzwe ubukungu n’iterambere

Ubuyobozi bw’Akarere ka Gatsibo n’abaturage b’aka karere, barigira hamwe uko hakongerwa ingufu mu kwitabira gahunda y’Ikigega Agaciro Development Fund. Mu nama yari ihuje Ubuyobozi bw’Akarere ka Gatsibo, Abayobozi b’imirenge, Njyanama z’imirenge n’utugari, abikorera hamwe n’abavuga rikijyana kuri uyu wa 13 icurasi 12016, bafashe ingamba nshya zo kongera umuhate mu kwitabira gahunda y’Ikigega Agaciro. Umuyobozi w’Akarere ka Gatsibo wungirije ushinzwe ubukungu n’iterambere Manzi Theogene, yibukije abitabiriye iyi nama ko iki ari igikorwa buri wese akwiye guha ahaciro akagikora azi akamaro kacyo nicyo kigamije. Yagize ati:” Ingamba y’ibanze twafashe ni ugukangurira abantu gushyira amafaranga mu kigega agaciro, ariko tukabanza kubumvisha akamaro icyo gikorwa gifite mu buzima bwabo bwa buri munsi.” Ku kibazo cy’uko hari bamwe mu baturage…

Rwanda to become Africa’s first digital economy

Rwanda to become Africa’s first digital economy

Rwanda has secured a deal with Ericsson that will help the country digitalise its economy. The seven-year agreement signed on the sidelines of the World Economic Forum on Africa in Kigali will support Rwanda’s vision to create a digital economy. For Rwanda, a digitalised economy drives greater financial and social inclusion for its society and citizens through intergration of informal sectors such as savings cooperatives and micro finance players in the ecosystem. Representing government of Rwanda at the signing, Finance Minister Claver Gatete said, “Mobile payment technology has the potential to advance financial inclusion and help people build savings”. He said this technology gives government and private sector a more cost-effective, efficient, transparent, and safer…

‘Catch up’Games In Africa May Derail Industrialisation

Discussants at a panel on Africa’s Fourth Industrial Revolution

For Africa to move into its fourth industrialisation phase, it may require cleaning up its mess of playing catch-up games. President Paul Kagame said the African countries should invest in human capacity of Africans and infrastructure as the only way to go. “Africa should not still be playing catch-up, by the time the Fifth Industrial Revolution comes around,” President Kagame said while featuring on a panel on Africa’s Fourth Industrial Revolution at the ongoing World Economic Forum on Africa taking place in the capital Kigali. Appearing on the same panel, the African Development Bank President, Akinwumi Adesina believes that it’s time Africa gets revolutionalised. “We must revolutionise Africa, we lost over 3000 youth in the…

EU Signs Rwanda €177m For Electricity Roll-out

EU envoy to Rwanda Michael Ryan and Rwanda’s Finance Minister Claver Gatete signing

Rwanda is getting closer to achieving its energy accessibility target of 70% by 2018. The European Union and government of Rwanda have this Tuesday signed a financing agreement worth €177 million (Frw157 Billion) to support the energy sector in the next five years. The funds will enable Rwanda improve electricity supply, transmission and distribution. This funding will also be used in management of the energy sector and  raising citizens accessibility to energy in all its forms: electricity, solar, biomass. Energy is one of the top priorities for Rwanda. “Access to modern energy for a major part of the Rwandan population and development of its productive activities is a prerequisite for achievement of its main development…

Funny photos: KCB employees pose as their clients in a new marketing strategy

FUNNY PHOTOS: KCB employees pause as their clients in a new marketing strategy

Kenya Commercial Bank-(KCB-Rwanda) staff on Tuesday showed up to work dressed like the Bank’s customers from different disciplines-a sign the Bank says is intended to ‘celebrate professions of the world.” The style coincides with Labour Day celebrations. On the Bank’s Tweeter Hashtag, all KCB staff including the Bank’s CEO, Joshua Oigara, were seen dressed in different professional attires like contractors, Air Hostess, Restaurant, soldiers, Journalists and doctors. Others at the Bank’s 12 branches across the country, staff members dressed like chefs, lawyers, Mobile Money Agents as well as waitresses. “We planned this special day for our customers. We thought there was a need to give them value and hence showing to work dressed like them,”…

Dr. Gatera appointed new board chairman for Crystal telecom

Dr. James Gatera

Crystal Telecom, a subsidiary of Crystal ventures limited has appointed Dr. James Gatera has its new board chairman replacing Jack Kayonga. Gatera  who  is  currently the  Chief Executive Officer of crystal Ventures  limited  and also head of bank of Kigali  since 20017, comes with a vast experience from the financial sector that is likely to bolster the company’s performance. “Under his stewardship, the bank had sustained profitability and market leadership with approximately 35 percent market share across all the balance sheet metrics,” said a statement by the board in the meeting held on Friday. Dr. Gatera was also instrumental in the initiation of Bank of Kigali as a one stop center for financial services which…