21 C
Kigali
Thursday, November 23, 2017

Economy grows 4 per cent in second quarter of 2017

The Rwandan economy grew by 4 per cent in the second quarter of 2017 largely driven by agriculture and services sector, according to the...

5 things to know about Rwanda’s economy

More than two decades on, Rwanda’s economy, left in tatters following the 1994 genocide against Tutsi, has come a long way. Rwandans are generally...

How central bank’s revised key repo rate impacted the economy

In December, last year, the central bank’s committee on financial stability reviewed the key repo rate from 6.5 per cent to 6.25 per cent...

Rwanda GDP growth seen rising in 2018 -finance minister

Rwanda expects its economy to grow 6.8 percent in 2018, up from a forecast 6.2 percent this year, thanks to stronger agriculture production and...

New World Bank report names Rwanda among most resilient economies

Rwanda and six other African countries have exhibited economic resilience in recent past that saw them post annual growth rate above 5.4 per cent...

Zigama-CSS records over Rwf6bn in profit, to start education scheme

Yesterday, Zigama Credit and Savings Society (Zigama CSS) announced a net profit of over Rwf6.8 billion for the year 2016. During a General Assembly at...

BRD offers €6m SME credit line to I&M Bank and BPR

The Development Bank of Rwanda (BRD) has signed an agreement with I&M Bank and BPR (part of Atlas Mara) to extend a facility worth...

Private sector to drive Rwanda’s growth, says World Bank chief

World Bank president Jim Yong Kim has said that Rwanda’s approach to encourage private sector investment is a sure way to build resilience and...

Success of I&M Bank IPO vote of confidence in local economy

The I&M Bank Rwanda initial public offering (IPO) has been oversubscribed by 209 per cent, a development Amb Claver Gatete, the Minister of Finance,...

World Bank Group President Visits Rwanda

During his visit, Dr. Kim will meet with President Paul Kagame to discuss Rwanda’s development achievements, innovations and the progress made in fostering private...