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Rwanda: Mobile phone subscribers plummet

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Rwanda mobile phone subscribers plummet. The number of mobile subscribers in Rwanda has decreased by 0.04 percent to 8.80 million in April 2016 from 8.89 million in the previous month. This is according to a report, via Telecompaper. by the Rwandan [Read story...]

Africa’s Fastest Growing Economies

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Africa is bestowed with young, fast-growing population. This population has been credited with the current economic boom all over the continent. We have compiled a list of six countries in sub-Saharan Africa with the highest projected compounded annu [Read story...]

Rwanda: Farmers urged to embrace modern agric practices

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Farmers have been urged to embrace modern agriculture practices to improve output and earn more from their efforts. Mukeshimana (putting on a cap) and other ministry officials after touring the new storage facility. (P. Tumwebaze) Dr Geraldine Mukes [Read story...]

MTN Rwanda subscribers cross the four million mark

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MTN Rwanda has cemented its position in the market, hitting the over four million subscriber base last week, writes Times Reporter. A mobile phone user sends an SMS. According to Rwanda Utilities and Regulatory Agency (RURA) July 2015 report, Rwanda [Read story...]

Uganda to host global tourism expo, excellence awards

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Uganda is to host a global tourism show piece to showcase its abundant natural blessings to the world. Chief Executive Director, Uganda Tourism Board (UTB), Stephen Asiimwe The Uganda International Tourism Expo will be held in November and will feat [Read story...]

Airtel staff contribute Rwf40m to Agaciro Fund

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Airtel rwanda staff have contributed Rwf40 million to the national sovereign wealth fund, Agaciro Development Fund (AgDF). Bhullar hands over a dummy cheque for the contribution to AgDF’s Kagabo. (Courtesy) While handing over the contribution on T [Read story...]

The Happiest Country in Africa is…

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To gauge happiness levels around the world, Gallup researchers interviewed 1,000 people (aged 15 or older) in 143 countries, including 38 in Africa. They were asked five questions about how they felt the day before, including whether they laughed or [Read story...]

Rwanda bourse turnover drops

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The Rwanda Stock Exchange (RSE) recorded a decline in the value and volumes traded yesterday compared to Monday, the bourse daily market report indicates. Blockers trade at Rwanda stock market. (Timothy Kisambira) According to the report, the RSE to [Read story...]

Cogebanque profit more than double to Rwf3.3 billion

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Cogebanque’s pre-tax profit more than doubled last year, increasing by over 105 per cent, from Rwf1.6 billion in 2013 to Rwf3.3 billion. Tis is the highest growth to be recorded by the lender in 15 years, the bank’s financial statement indicates [Read story...]

Rwanda: Airtel sells off towers to IHS

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CEO for Africa at Bharti Airtel. (Image credit: IT News Africa) Airtel Rwanda has finalised the sale its mobile towers, with IHS taking hold of the assets. According to Airtel, the deal will see a vast majority of mobile subscribers enjoy networks th [Read story...]

Rwanda to introduce mobile number portability

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Rura now has an idea on how number portability can be implemented. According to an interview, conducted by Business Times, Rwanda is considering introducing mobile number portability. In the interview, Jean Baptiste Mutabazi, the head of communicatio [Read story...]

Kenya to sell electricity to Rwanda by next year

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Kenya Power has entered into an agreement to sell 30 megawatt (MW) of electricity to Rwanda. Kenya Power, Uganda Electricity Transmission Company Ltd and Rwanda Energy Group Ltd, completed negotiations to facilitate the trade. The sale, expected to [Read story...]

SMEs urged to embrace standards to be competitive

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Small-and-medium enterprises should embrace standards to create confidence among consumers and increase their competitiveness, the Rwanda Standards Board (RSB), has urged. A dealer prepares to transport milk. Standards body encourages small business [Read story...]

Reduce delays in public procurement – experts

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Procurement management systems should be strengthened to make the sector more competitive locally and in the region, Malcom Youngson, the chief executive officer International Federation of Purchasing and Supply Management, has said. A contractor do [Read story...]

Safaricom suspends reduced roaming rates to Rwanda

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Kenya: Telecommunications operator Safaricom has suspended the proposed new international and roaming tariffs between Kenya and Rwanda. Safaricom CEO Bob Collymore This follows a directive by the Rwanda government on October 1, announcing the introd [Read story...]

Liquid Telecom to invest Rwf24 billion in Rwanda

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Liquid Telecom Rwanda is planning to invest $34 million (about Rwf24 billion) in Rwanda as part of its $200 million Africa expansion plans. Liquid Telecom targets to connect 3,500 homes and commercial buildings by the end of the year. The firm alrea [Read story...]

Rwanda markets its coffee, tea in India

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Rwanda should tap into the unexploited potential of markets like India to boost its coffee and tea exports, Clarence Fernandes, the Rwanda Development Board (RDB) representative based in Mumbai, has advised. Fernandes was speaking during the just-co [Read story...]

UAP plans to list on Nairobi bourse

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UAP Group has announced plans to list at the Nairobi Securities Exchange (NSE) next year. Group chairman Dr Joe Wanjui said the company is currently undertaking property development in all its market segments in preparation for the offloading of sha [Read story...]

Rwanda: Brioche to create 100 jobs

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Brioche, one of the main pastry shops in Kigali, plans to employ more than 100 in the near future as it moves to ensure customer satisfaction, Jean Philippe Kayobosti, the Brioche director, has said. A customer waits to be served at Brioche. The fir [Read story...]

Rwanda to mediate EAC- Japan business initiatives

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Rwanda has been nominated to act as a focal point for Japanese business initiatives within the East African community region, Rwanda’s East African Business council (EABC) representative has confirmed. Valentine Rugwabiza giving a speech during Af [Read story...]