USA, UK Top Investors As Rwanda Registers $1.2 Billion In 2015

It is unusual for Medical Doctors to mobilise millions of dollars and invest in a multi-million dollar and bankable venture. In 2015, however, three big brains in global health, Drs. Paul Farmer, Peter Drobac, and Agnes Binagwaho; Rwanda’s Health minister, were able to mobilise enough money for what turned out to be Rwanda’s biggest investment of the year. Equipped with an array of academic and extensive expertise from implementation experts... Read More

MFIs manages yet another good quarter, but bad loan worries aren’t over for the sector

After registering an increase in the Non-performing loans-NPLs bad loans in the nine months of 2015, the sector says it priotizes bringing them (the bad loans) down 2016. According to central bank, the microfinance sector recorded an increase its bad loan to 7.8 percent in September 2015 up from 7.7 percent in September 2014 well above the bank’s benchmark target of 5 percent. “Our focus in the first quarter of 2016 is to help our members to... Read More

Central bank maintains key repo rate at 6.5 percent

Rwangombwa during the interview with this newspaper last week. The Central bank has maintained its key repo rate at 6.5 percent for the first quarter of 2016 in order to allow commercial banks to continue to lend to the private sector spurring economic growth. The decision, according to the Governor central bank John Rwangombwa is due to the economy that continues to project a positive outlook going forward considering also policy current policy stance. “This... Read More

Ngororero : SACCO zatumye abakora mu birombe bazigama

Umuyobozi w’akarere ka Ngororero Ruboneza Gedeon avuga ko nyuma y’aho buri murenge uboneye SACCO, abakora mu mabuye y’agaciro bamenye kuzigama. Mbere y’uko sacco zikwirakwizwa mu mirenge, ngo wasangaga abaturage benshi bakora mu mirimo y’ubucukuzi bw’amabuye y’agaciro badatera imbere kuko bahemberwaga mu ntoki maze amafaranga bakayapfusha ubusa. Hakizimana innocent ukorera mu gace ka Gatumba, avuga ko mbere yinubiraga ubucukuzi bukorerwa... Read More

Kirehe: abagore Basanga BDF ari igisubizo mu iterambere ryabo

Abaturage bo mu karere ka Kirehe barishimira intera bamaze kugeraho mu iterambere babikesha BDF (Ikigo gifasha imishinga mito n’iciriritse) mu bufasha bwo gukora imishinga ibahesha inguzanyo, ingwate n’ibindi bikorwa by’iterambere. Ntamuhanga Faustin umwe mu bafatanyabikorwa b’uruganda rwa Kawunga Freedom avuga ko BDF yabahaye ingwate bagura imodoka y’akazi. Ati “BDF yaziye igihe kuko iyo umuntu afite ingwate nke iramufasha ikayongera,... Read More

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... Read More

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... Read More

Rusizi: Abayobozi b’ibigo by’imari biciriritse barasabwa gucunga imari ya rubanda neza

Abayobozi b’ibigo by’imari biciriritse bo mu turere twa Rusizi na Nyamasheke barasabwa gucunga neza imari abaturage baba bababikije hagamijwe kugirango bajye bahora babagirira icyizere  ndetse n’abagifite umuco wo kubika amafaranga mu ngo babashe kuyoboka ibyo bigo kugirango nabo babashe kwizigamira biteza imbere. Ibi babikanguriwe ku wa 28/04/2015, mu cyumweru cyahariwe ibigo by’imari iciriritse cyatangiye tariki 27 Mata kikazasoza tariki... Read More

Nyamasheke: Abacuruzi barasaba kuvuga rumwe n’ibigo by’imari bagana

Abacuruzi bakorera mu karere ka Nyamasheke barasaba ko abafite ibigo by’imari bihakorera bafata iya mbere mu kurandura inzitizi zose bahura nazo mu iterambere ry’umwuga wabo cyane cyane iziterwa n’ibigo by’imari bakorana nabyo umunsi ku munsi. Izo nzitizi zirimo kuba hari aho babona inguzanyo zitajyanye n’igihe bazisabiye cyangwa bagahabwa make kuyo basabye ubundi amasezerano bagirana na banki akaza yanditse mu zindi ndimi batabasha kwisomera... Read More

Nnta SACCO izongera kurenza 2% ku nyungu y’ufashe inguzanyo

Nk’uko byatangarijwe mu nama yahuje amakoperative n’ibigo by’imari mu karere ka Nyabihu kuri uyu wa 17 Gashyantare 2015, nta SACCO n’imwe mu gihugu izongera kwaka uwatse inguzanyo inyungu irenze 2%, ahubwo bitewe na SACCO iyo ariyo ishobora kujya munsi yaho kandi uko uwafashe inguzanyo agenda yishyura inyungu yakwa ikagenda igabanuka. Ni mu gihe bamwe mu baturage mu karere ka Nyabihu bibumbiye mu makoperative badutangarije ko batiyambazaga... Read More

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