ECONOMY

10 entrepreneurs to compete for 2023 Africa's Business Heroes prize in Kigali

10 entrepreneurs to compete for 2023 Africa's Business...

A total of 10 finalists were selected for this year's Africa's Business Heroes (ABH)...

East Africa's economic growth to rise to 5.1% in 2023: AfDB

East Africa's economic growth to rise to 5.1% in 2023:...

East Africa's economic growth is projected to rise to 5.1% in 2023, up from the...

IMF forecasts global growth to slow to 3.0% in 2023, 2024

IMF forecasts global growth to slow to 3.0% in 2023, 2024

Global growth is projected to fall from an estimated 3.5% in 2022 to 3.0% in 2023...

Rwanda constructs multimillion liquefied petroleum gas facilities

Rwanda constructs multimillion liquefied petroleum gas...

Rwanda has started the construction of liquefied petroleum gas (LPG) storage facilities...

Foreign direct investment becomes less inclusive in Rwanda: WB report

Foreign direct investment becomes less inclusive in Rwanda:...

Rwanda has recorded substantial foreign direct investment (FDI) inflows in the last...

Rwanda abolishes customs tax on imported electric, hybrid vehicles

Rwanda abolishes customs tax on imported electric, hybrid...

Rwanda has abolished import taxes on electric vehicles, as well as vehicles that...

Domestic revenue to fund 63% of Rwanda's 2023-2024 budget

Domestic revenue to fund 63% of Rwanda's 2023-2024 budget

The Rwandan finance minister on Thursday presented the 2023-2024 fiscal year budget...

EAC unveils $103.8M budget estimates for 2023/2024 financial year

EAC unveils $103.8M budget estimates for 2023/2024 financial...

The East African Community (EAC) on Tuesday tabled before the East African Legislative...

Kenya's Equity Bank acquires Cogebank of Rwanda

Kenya's Equity Bank acquires Cogebank of Rwanda

Kenya's Equity Bank on Wednesday announced that it has entered into a binding agreement...

Africa's mobile phone market shrinks by 3.4% in Q1

Africa's mobile phone market shrinks by 3.4% in Q1

Africa's smartphone market declined by 3.4% quarter on quarter (QoQ) in the first...

ITU targets $100bln by 2026 to accelerate global digitalization

ITU targets $100bln by 2026 to accelerate global digitalization

The International Telecommunication Union (ITU) issued a worldwide appeal on Wednesday...

Rwanda, China bilateral trade up 31.2%

Rwanda, China bilateral trade up 31.2%

China ranked first in terms of investments registered with the Rwanda Development...

Rwanda's tourism revenue up 171% in 2022

Rwanda's tourism revenue up 171% in 2022

Rwanda's tourism revenues increased to $445 million in 2022, up 171.3% from the...

Rwanda to increase 2023/2024 budget to boost economy

Rwanda to increase 2023/2024 budget to boost economy

Rwanda plans to increase the government spending by 6% in the 2023-2024 fiscal year...

IMF chief urges against protectionism to achieve global recovery

IMF chief urges against protectionism to achieve global...

The International Monetary Fund (IMF) has urged the avoidance of protectionism in...

Rwanda's trade union calls for miners' protection in Labor Day message

Rwanda's trade union calls for miners' protection in Labor...

The Rwanda Workers' Trade Union Confederation (CESTRAR) on Monday called for tighter...