March 25, 2019
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Economy

  • Rwanda’s inflation rises to 1.7percent,report says

    Rwanda National Institute of Statistics report says Inflation has risen to 1.7 percent in April from 0.9 percent in March. The statistics office said today Thursday April 10th, 2018 has said The Urban Consumer Price Index (CPI) increased by 1.7 percent on annual basis and increased by 1.3 percent on…

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  • Rwanda made a great effort in promoting business, says RDB

    Rwanda Development Board claims Rwanda has made a remarkable effort in facilitating and promoting business since 2008. While addressing media on Friday,Chief Operating Officer  at RDB, Emmanuel Hategeka said Rwanda made an improvement of business system since 2008 basing on ten indicators set by World Bank. “The improvement was made…

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  • Rwanda marks Labor Day amid higher unemployment rate

    Rwanda joins hands with the world in celebrating International Labor Day in Rubavu district while unemployment is higher especially in youths. Recent Statistics indicate that unemployment rate in Rwanda stands at 16.7 per cent. These tell that the unemployment rate is higher among women (17.5 per cent) than among men…

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  • Shortage of cement to continue across Rwanda

    A shortage of cement is expected to continue in Rwanda unit prices will remain high until regional manufacturers resume production at the end of April 2018, The East African has learnt Domestic manufacturers say large infrastructure and real estate projects will place pressure on their capacity. The expected increase in…

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  • Agriculture annual budget rises to 118 billions says, PM

    Prime Minister Dr. Edouard Ngirente says annual budget for agricultural sector has increased 9% from 2011/12-2017/18 While addressing the cabinet today April 3, 2018 Dr. Ngirente has said the agriculture sector constitutes 47% of national Growth Domestic Product (GDP) through import and export. “The contribution of agricultural sector has increased…

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  • Transport prices rise in Rwanda,claims RURA

    Rwanda Utilities Regulatory Authority (RURA) has announced the price increase of transport services due to the petroeum price’s increase,the use of speed governor and other different factors. During today’s press Conference, RURA announces the general public the cost of transport from one city to another is 21 from current 19frws…

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  • Rwanda’s economy to grow 7% this year despite 2016 slowdown

    Rwanda’s economy is likely to expand by 7.2 percent this year owing to the increase in services sector and a rebound in construction. Rwanda’s Finance Minister,Ambas.Claver Gatete has made the remarks during today’s   joint press conference with the International Monetary Fund (IMF)  claiming Rwanda expects economic growth of 7-8 percent.…

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  • Rwanda’s debt has risen yet still manageable-IMF clears out

    The International Monetary Fund (IMF) has cleared out on Rwanda’s debt levels, saying that though they have risen recently yet they are still manageable. IMF Head of Mission Laura Redifer told The New Times last week that to some extent the country needs debt to grow “”Debt levels in Rwanda…

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  • “They take hundreds of millions and billions of dollars, let them vote against us. We’ll save a lot” Trump

    US President Donald Trump threatens to slash aid to countries backing UN Jerusalem vote. On Tuesday, Nikki Haley, Washington’s UN envoy, warned that she would report back to Trump with the names of those countries that support the resolution rejecting the US recognition. Times of Israel. On Wednesday, Trump cautioned…

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  • Nyamasheke: A visual impaired woman is highly talented in sewing

    Penina Niyobyose, 28, a member Rwanda Union of Blind says she manages to get 50,000frw per week after doing sewing training especially pullovers at Gisenyi, while some people still have myth that having visual disability is the end of getting source of income. Contrary, this one is intending to further…

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