Saudi Arabia Keen On Energy Deals with Ethiopia

A Saudi Arabian delegation visited GERD and received briefings on the construction of the dam.   A high-level Saudi delegation visited the Grand Ethiopian Renaissance Dam (GERD) during its three-day state visit to Ethiopia and received updates by Project Manager Eng. Simegnew Bekele.   The delegation, led by the Royal Kingdom of Saudi Arabia Court senior Advisor and Saudi Development Fund Board Chairperson Ahmed Alkhateeb, had discussions with Prime Minister Hailemariam.... Read more »

Posted on : Wednesday , 21st December 2016

Rwanda: Manufacturing Sector to See 30% Growth

The following five years will see the manufacturing sector grow by 30%, the Chairperson of the Private Sector Federation, Benjamin Gasamagera, has said.    Gasamagera, who was talking at the opening of the second edition of Made-in-Rwanda show at Expo Grounds in Gikondo, recommended that for Rwandan products to be more competent, a few more measures need to be taken.    "The Government should give Made-in-Rwanda products like construction materials and.... Read more »

Posted on : Wednesday , 21st December 2016

Rwanda: Blueprint Ready for Vision 2050 - Govt

One of the resolutions adopted during last year’s 13th edition of the National Dialogue Council (Umushyikirano) was to chart a new development plan, dubbed ‘Vision 2050,’ that would propel the country to socio-economic self-reliance.   And, according to Prime Minister Anastase Murekezi, the Government has already drafted the key elements for the vision.   The plan will be about building on the achievements of the current Vision 2020.   Murekezi.... Read more »

Posted on : Wednesday , 21st December 2016

Rwanda: Inflation Rate Drops to 6.4% in November

The National Institute of Statistics of Rwanda (NISR) monthly consumer price index (CPI) indicated that Rwanda's inflation rate eased to 6.4 per cent year on year in November, from 7.4 per cent recorded the previous month.   Rwanda uses CPI to measure the average change over time of goods and services bought by households.   The report shows that foodstuff prices were the main drivers of inflation during November, especially vegetables, which rose 18 per cent. Food and.... Read more »

Posted on : Wednesday , 21st December 2016

Rwanda: Inflation Rate Drops to 6.4% in November

The National Institute of Statistics of Rwanda (NISR) monthly consumer price index (CPI) indicated that Rwanda's inflation rate eased to 6.4 per cent year on year in November, from 7.4 per cent recorded the previous month.   Rwanda uses CPI to measure the average change over time of goods and services bought by households.   The report shows that foodstuff prices were the main drivers of inflation during November, especially vegetables, which rose 18 per cent. Food and.... Read more »

Posted on : Wednesday , 21st December 2016

Rwanda: Inflation Rate Drops to 6.4% in November

The National Institute of Statistics of Rwanda (NISR) monthly consumer price index (CPI) indicated that Rwanda's inflation rate eased to 6.4 per cent year on year in November, from 7.4 per cent recorded the previous month.   Rwanda uses CPI to measure the average change over time of goods and services bought by households.   The report shows that foodstuff prices were the main drivers of inflation during November, especially vegetables, which rose 18 per cent. Food and.... Read more »

Posted on : Wednesday , 21st December 2016

Rwanda: Inflation Rate Drops to 6.4% in November

The National Institute of Statistics of Rwanda (NISR) monthly consumer price index (CPI) indicated that Rwanda's inflation rate eased to 6.4 per cent year on year in November, from 7.4 per cent recorded the previous month.   Rwanda uses CPI to measure the average change over time of goods and services bought by households.   The report shows that foodstuff prices were the main drivers of inflation during November, especially vegetables, which rose 18 per cent. Food and.... Read more »

Posted on : Wednesday , 21st December 2016

Rwanda: Inflation Rate Drops to 6.4% in November

The National Institute of Statistics of Rwanda (NISR) monthly consumer price index (CPI) indicated that Rwanda's inflation rate eased to 6.4 per cent year on year in November, from 7.4 per cent recorded the previous month.   Rwanda uses CPI to measure the average change over time of goods and services bought by households.   The report shows that foodstuff prices were the main drivers of inflation during November, especially vegetables, which rose 18 per cent. Food and.... Read more »

Posted on : Wednesday , 21st December 2016

Rwanda: Trade Experts Exploring New Ways to Boost Exports

Trade experts have challenged both the public and private sector to seek new avenues to increase exports to reduce import-export deficit.   The call was made Wednesday during a meeting between the Ministry of Trade, Industry and East African Community Affairs (Mineacom) and various stakeholders.   While many acknowledge that the Government has instituted clear policies to expand the export base, the argument among stakeholders, especially development partners, was the.... Read more »

Posted on : Wednesday , 21st December 2016

Rwanda: First Phase of $1.5 Million Banana Juice Factory Complete

Banana beverage lovers will, beginning mid-2017, start enjoying high quality products from a factory being set up in Mwurire Sector in the Eastern Province's Rwamagana District.   According to the Director General for National Industrial Research and Development Agency (NIRDA), Dr. Joseph Mungarurire, construction works for the factory estimated to cost $1.5 million, started in March, 2016 and its first phase has been completed. It is expected to start production in May,.... Read more »

Posted on : Wednesday , 21st December 2016

Rwanda: Govt Lays Down Ambitious Plans for Electricity Generation

Rwanda targets to extend power to at least 70 per cent of the households in the country by 2018. To achieve this ambitious goal, government projects to boost electricity generation to 563MW within the next two years.   Presently, about 25 per cent of the Rwandan households are connected to electricity, while the country's total installed power capacity is around 190MW, an increase from 186MW in 2015. Despite this rise in generation, industrial energy users have continued to.... Read more »

Posted on : Tuesday , 20th December 2016

Rwanda: Govt, Businessmen Discuss Ways to Boost Revenue Through Exports, Manufacturing

Manufacturers and business experts have called on the government and the private sector to do more to boost Small and Medium Enterprises to significantly bridge the country's trade deficit.   They made the call yesterday during a Made-in-Rwanda Symposium organised by the Private Sector Federation (PSF) in partnership with the Ministry of Trade, Industry and EAC Affairs (MINEACOM).   They contended that effective economies of scale coupled with quality assurance in the.... Read more »

Posted on : Tuesday , 20th December 2016