Abayobozi ba ntibindeba batuma iterambere ridindira

Abayobozi bahawe ijambo bavuga ko bagiye kongera umurava mu kazi kabo

Umuyobozi w’Akarere aratangaza ko kuba hari abayobozi b’inzego z’ibanze muri Rutsiro badakora inshingano zabo bigize nk’aho bitabareba bidindiza iterambere ry’akarere. Ayinkamiye Emerence uyobora Akarere ka Rutsiro yabivuze ku wa 28 Mata 2016 mu nama yamuhuje n’abayobozi b’inzego z’ibanze kuva ku mudugudu kugeza ku karere, akaba yavuze ko hari abayobozi batubahiriza inshingano zabo kandi ko batuma iterambere ritihutishwa nk’uko biba byitezwe. Yagize ati” Kuba muri mwe hari abigize ba ntibindeba mudakemura ibibazo by’abaturage ndetse n’izindi nshingano ntimuzubahirize mutuma iterambere ry’akarere kacu ritihuta. mugomba kwigirira icyizere mukamenya abo muyobora ndetse mukanabakemurira ibibazo kandi mukanabegera mukabamenyesha gahunda za Leta” Umuyobozi w’Akarere yakomeje avuga ko abayobozi bazajya bagaragarwaho n’iki kibazo bazajya bigwaho byaba ngombwa bagakurikiranwa hakurikijwe amategeko. Bamwe mu…

Cimerwa yageneye imfubyi za jenoside inzu ya Miliyoni 40

Inzu ya miliyoni mirongo ine ni yo abo bana bahawe

Uruganda rwa CIMERWA rukora sima ruherereye mu Karere ka Rusizi rwahaye abana b’imfubyi za Jenoside inzu ya miliyoni mirongo ine. Ubwo abakozi b’uru ruganda bibukaga bagenzi babo 58 , bishwe bazize Jenoside yakorewe Abatutsi muri Mata 1994, bashikirije imfubyi 3 ziva inda imwe inzu ifite agaciro ka miliyoni 40 , ababyeyi b’abo bana bombi bishwe n’interahamwe zibasanze imbere y’uruganda aho bari batuye. Ku ncuro ya 22 uru ruganda rwibuka abahoze ari abakozi babo ngo basanze bakwiye kujya bakora n’ibikorwa byo gufasha imfubyi basigiwe na Jenoside ari ho bahereye bishyira hamwe bubakira abana 3 inzu ngo bongere birememo icyizere cy’ubuzima. Nikuze Cecile Simpunga umwe muri abo bana avuga ko interahamwe yaje kubahisha ari yo yaciye inyuma…

Hagaragajwe imbogamizi zituma imisoro idatangwa neza

Hagaragajwe imbogamizi zituma imisoro idatangwa neza

  Abashinzwe gukusanya imisoro mu karere ka Rutsiro batangaza ko hakiri imbogamizi bahura na zo mu gusoresha abakwiye gusora. Abashinzwe imisoro n’inzego zitandukanye bari bitabiriye inama ngishwanama ku misoro Babitangaje ku wa 15 Werurwe 2016 ubwo Ikigo cy’igihugu gishinzwe imisoro n’amahoro Rwanda Revenue Authority mu ntara y’iburengerazuba cyagiranaga inamangishwanama ku misoro n’amahoro n’abasoresha mu karere ndetse n’ubuyobozi bw’akarere abashinzwe gusoresha bakaba bavuze ko hai zimwe mu mbogamizi zibazitira mu kwinjiza imisoro. Havugimana Alphonse Uhagarariye sosiyete y’inkeragutabara ishinzwe gusoresha mu karere yagize ati” nka twe dusoresha abantu bamwe barinangira rwose banatanga amafaranga ntibayatangire igihe ikindi hari n’abandi tutabona uko tubasoresha nk’abaroba nijoro mu mazi ndetse n’abacukura amabuye badafite ibyangombwa ndetse n’abitwikira ijoro bapakiye imizigo bayijyana hirya…

Atlas Mara completes acquisition of Banque Populaire

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The much awaited merger, equity acquisition and commencement of the operational completion between Banque Populaire du Rwanda (“BPR”) and BRD Commercial Bank Limited (“BRD Commercial”) into BPR has officially been completed. Agreements for the transaction were reached in October 2015. BPR, the name of the combined entity, will be Rwanda’s second largest bank by assets estimated at $325 million. It will also have the largest distribution of branches. Atlas Mara acquired BRD Commercial in October 2014. Atlas Mara will own 62 per cent of the combined entity before purchase of outstanding shares from investors who acquired the bank’s stock during its cooperative days. “After the transaction the local individual shareholders and Rabobank will remain the…

Rwanda raises Frw15b with Treasury bond

m_National Bank of Rwanda (BNR)

The government of Rwanda successfully issued a three year fixed coupon treasury bond worth Frw15 billion. Rwanda sold a three-year Treasury bond worth 15 billion francs ($20.25 million) at a rate of 11.80 percent, the central bank said late on Wednesday. Proceeds of the bond, which attained a subscription rate of 176.39 percent, will be used to fund various infrastructure projects. The East African nation also uses the issuance as a way of developing its capital markers. The bond will be listed for trading on the stock exchange, the central bank said. It added that next issue will be in February next year when it will offer a 5 year Treasury bond. ($1 = 740.7700…

Bank of Kigali records Rwf 16bn net profit

Bank of Kigali headquarters in Kigali

Bank of Kigali, the country’s largest bank by asset base announced a profit of Rwf 16 billion in the nine months of 2015 from Rwf 14 recorded by the bank in the same period in 2014, keeping the bank profitable throughout the year. In the nine months of 2015, Bank of Kigali recorded a net interest income of Rwf 33.9 billion up from rwf 29.0 billion in same period 2014, with Net operating income growing to Rwf 41, 7 billion compared to Rwf 38, 7 billion in the nine months in 2014. In the same period the bank’s interest income grew Rwf income43.9 billion by September 2015 from 38.4 billion while Interest expense also grew…

RSwitch awarded international security standard certification

Daniel Barrientos, RSwitch Chief Executive Officer

Rswitch, a Millicom International Payments Solution Company serving as the national e-payment switch of Rwanda has been awarded with the international security standard certification, second year for its platform that continues to meet international standards. The latest version of Payment Card Industry Data Security Standards (PCI DSS) compliance certification re- affirms the company’s commitment to offer secure card processing solutions in compliance with global standards. “With this recertification, we trust that our customer confidence will be elevated with the assurance of a higher level of protection of their data and in turn safeguard our brand and our reputation,” said Daniel Barrientos, RSwitch Chief Executive Officer in a statement on Monday. He adds, “We at RSwitch believe in…

MFIs take savings culture campaign to children

A child saving at Sacco: Children have been encouraged to save at an early age.

In bid to bolster savings culture, the Association of Microfinance Institutions in Rwanda-AMIR is targeting students as one way of instilling in them the culture of saving at an early age. Peter Rwema, the Executive Secretary of the Association that brings together Microfinance institutions says that campaign will bring more confidence among young people to be able to save, since this will help them in the future. “Schools are among our targets because we want to inculcate saving culture into young people,” he said in an interview with this website on Tuesday. He adds, “When we encourage young people to have at an early we are creating sustainable savings that could help financial institutions to…

Farmers to wait longer for sector tailored insurance products

Agriculture is still considered a risky sector by the financial industry, a situation that has affected its growth.

The central Bank says that the insurance sector posted growth in its profit by 14.7 percent in the first half of the year compared to 14.6 percent in June 2014. Despite this, the sector is missing out in the agriculture sector which is regarded as most risky thus   posing a challenge to extend insurance products to the sector that contributes 30 percent to GDP. The biggest problem with the famers is that the risk is really too high,” said John Rwangombwa, Governor of the central bank while speaking to journalists last week. He adds, “It is not easy to gauge the level of risk with farming dependable on natural factors.” With changing climate and other…

Government to issue a ten year Treasury bond 

Government to issue a ten year Treasury bond

The government is set to issue a ten year Treasury bond worth Rwf10 billion, National of Bank of Rwanda has announced in a statement. The statement signed  by the  Bank’s Governor, John  Rwangombwa, the  bond  is  meant  to finance  infrastructure  projects  and   development of capital   markets. The   national Bank of Rwanda behalf of Government of Rwanda invites bids for 10 year fixed coupon treasury   bond,” the Governor said in a statement. The bond FXD 2/2015/10 years to be issued on 27 May, 2015 will be hosted on Rwanda Stock Exchange. While, Central  Bank  says  the  secondary  trading  in multiples  of Rwf100,000 will  commence on Tuesday  02/06/2015 on  Rwanda Stock exchange. The  statement  also  notes that …