“Author Archive”
Stories written by eojulu

NTBs are primitive impediments that inconvenience the common man

Edward Ojulu.

Last Friday, the East African Leg­islative Assembly (EALA) conclud­ed a session in Kigali during which commitment to real integration come under question once again.

April 28th, 2013 | Posted in Opinion,Other News | Read More »

Economy clutches on food, construction and service sector holds back

Claver Gatete

When Paulo Drummond led an IMF mission to Ki­gali this month to review Rwanda’s economic policies under the Fund’s Policy Support Instrument (PSI), he found a changed environ­ment from the one he saw during the previous review in October 2012.

April 21st, 2013 | Posted in Business,Other News,Weekly Highlights | Read More »

As we budget for 2014, prioritize energy and roads to spur growth

Edward Ojulu.

By this time of each year, finance ministry technocrats are busy put­ting final touches on budget esti­mates of the five East African Com­munity member-states that will be simultaneously presented to nation­al parliaments in June.

April 21st, 2013 | Posted in Opinion,Other News,Weekly Highlights | Read More »

Oil FDI inflows a mere windfall, agriculture is the real deal

Edward Ojulu.

Even as economists predicted that Africa will be the leading destination for foreign investors in the coming years, reports indicated that 2011 saw the continent take less that 4% of the total global capital.

April 14th, 2013 | Posted in Opinion,Other News | Read More »

Financial sector seems to offer faster stimulus for future growth

Edward Ojulu.

For three consecutive years the banking sector has posted high growth figures in all aspects—loans to private sector, customer deposits, return on equity and indeed net prof­its.

April 7th, 2013 | Posted in Opinion,Other News | Read More »

BK shareholders to share Frw 5.9 billion in June

BK_feat

Bank of Kigali (BK) shareholders will soon hear some very good news, yet again.

March 31st, 2013 | Posted in Business,Other News,Weekly Highlights | Read More »

BRD starts own insurance brokerage firm

Emmanuel Karuranga

Clients of the Development Bank of Rwanda (BRD) no lon­ger need to look any far for insurance services after the bank re­cently added insurance brokerage to a growing range of products it provides customers under one roof.

March 31st, 2013 | Posted in Business,Other News,Weekly Highlights | Read More »

Time to align huge bank lending to national strategic sectors

Edward Ojulu.

We would expect banks to move in synch with the national de­velopment plan by financing those sectors that employ or have the potential to employ the highest number of Rwandans as well as businesses that add value to local products.

March 31st, 2013 | Posted in Opinion,Other News,Weekly Highlights | Read More »

Insurance boom luring new investors

car accident_feat

A revised regulatory envi­ronment has sparked off unprecedented growth in Rwanda’s insurance industry that only four years ago was character­ized by small operations that pro­vided limited policies.

March 24th, 2013 | Posted in Business,Cover Story,National | Read More »

BNR clings to winning fiscal formula amidst global worries

Rwangombwa

For the four quarter in a row, the National Bank of Rwan­da (BNR) has maintained the benchmark lending rate, the Repo, unchanged at 7.5%—signaling reluc­tance to alter the monetary formula that has kept the economy robust amidst global and regional economic turbulence.

March 24th, 2013 | Posted in Business,Other News,Weekly Highlights | Read More »

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