MTN and KCB to facilitate BlackBerry purchase
MTN Rwanda has entered into a partnership with KCB Rwanda to offer a facility that can allow their customers to own a BlackBerry smart phone on loan.
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RwandAir to acquire Bombardier planes
RwandAir plans to acquire more aircrafts to reinforce its current fleet and has already sealed a deal with Canadian firm Bombardier-Aerospace to supply two CRJ900 NextGen regional jets to be delivered in October.
New Standards Board to benefit consumers, traders
The Rwanda Bureau of Standards will soon become the Rwanda Standards Board, in a move which will see the organization focus on the development of standards, quality assurance and metrology in the country, while it will divest its inspection activities.
Rwandan companies prepare for Ugandan market
In the context of boosting local companies’ trade within the East African Community, the Rwanda Development Board last week organized a training for entrepreneurs on how to do a successful market analysis to increase their competitiveness on the EAC market.
IRST restructured to boost industrial development
For many years, domestic research and industrial production have mostly ran independent courses. This was due to the structure of some scientific research institutions like the Institute of Scientific and Technological Research (IRST) which were limited to doing research without actually getting involved in the application of the results.
Bralirwa earns Frw 14.7 billion profit
Brewery Bralirwa has announced a net profit of Frw 14.7 billion, representing a 41.9% growth, for their 2011 financial year.
Airtel customers to earn 100% bonus
With more than 50,000 subscribers just a few weeks since launching its operations, Airtel Rwanda now aims to attract more customers through “Yagaruze 100% Bonus” promotion.
BRD takes lead in agric funding with Frw 16bn
BRD has allocated Frw 16 billion for lending to agriculture projects this year, positioning itself as a leading source of funds for the sector that is so critical to the country’s economic growth but is perceived as highly risky by commercial banks.
Legal minds punch holes in new insolvency law
Since it was enacted in May 2009, the insolvency law is still struggling for acceptance in the business community and is yet to serve its purpose.
BK shareholders take home Frw 4.3 billion
Shareholders in Bank of Kigali, Rwanda’s largest commercial bank by total assets and market share, have about Frw 4.3 billion to share following a hugely successful business year, 2011.
