The incoming Chief Executive Officer of Rwanda Development Board (RDB), John Gara has promised new a momentum in achieving increased investment in flows and growing the Rwandan business community.
The regional transport body, the Northern Corridor Transit Transport Coordination Authority (NC-TTCA), has elected Rwanda's Minister of Infrastructure to head the body's Council of Ministers.
The Governor of the Central Bank (BNR), Francois Kanimba, has officially approved the Rwanda Diaspora Mutual Fund and licensed it to operate.
Business at Kigali International airport came to a standstill yesterday as Rwandair's CRJ200 50-seater aircraft touched the run-way, The New Times reports.
A total of nine investment projects worth Rwf 26.2 billion were registered in November 2009 with expectations of generating of 241 jobs, the Rwanda Development Board (RDB) has said.
Tough rules for stock brokers.
After a decade of the Nigeria Labour Congress's opposition against the deregulation of the downstream sector of the economy, it may have bowed to the policy due to a strategy of alienation of the group from its social partners by the Federal Government even as it maintained that its resistance of the policy was in the best interest of the working people and citizens in general.
The Producer Price Index (PPI) for local sales, which measures the average change in prices of locally produced products, registered a modest rise of 1.19 percent from July to September, according to official statistics.
In a move to deliver better services through the exploitation of Information Communication Technology (ICT), Banque Populaire du Rwanda (BPR) will introduce mobile banking next year, the bank's top official said Monday.
Federal Government said yesterday that it was considering boosting its electricity supply in the country with nuclear energy.
ANOTHER round of fuel scarcity became apparent nationwide, Monday, 10 days to Christmas, leaving commuters stranded, businesses paralysed and Nigerians fleeced at the few filling stations where the product was available.
The European Union (EU) has said it would spend about N460 million on a project, SUNGAS, which is aimed to improve access to energy in the country from renewable and non-renewable sources.
Satya Capital, the London-based private investment firm associated with Sudanese born business magnate Mo Ibrahim, has emerged as the leading contender in a two-horse race for the 30 per cent stake that is up for sale at retail chain Nakumatt.
It is the Chinese in an old but very enduring adage who defined insanity as that act of doing same thing the same way and expecting different results.
Frank Muramuzi of the National Association of Professional Environmentalists analyzes the World Bank's approach to energy lending, focusing specifically upon large hydropower projects in Uganda.
Shashank Bengali of McClatchey Newspapers wrote “Africa is gripped by one of the greatest population explosions ever recorded” in a recent article entitled, “Africa’s Perilous Baby Boom.” In fact, while it is widely reported that India’s population (1.6 billion projected) will surpass China’s population (1.4 billion projected) by 2050, Africa will beat ...
In a move aimed at easing constraints on infrastructure financing, as well as developing debt markets in Africa, the Association of African Securities Exchange has endorsed plans to support the issuing of local currency bonds on the continent.
THE palpable sense of excitement among Luanshya residents following the imminent re-opening of the mine is understandable.
The officials of the Ogaden National Front (ONLF) guerillas have warned the oil searching companies operating in the Somali region under the Ethiopian control, official told Shabelle radio on Tuesday.
PRESIDENT Jacob Zuma yesterday made clear Economic Development Minister Ebrahim Patel's central role in economic policy, but stressed that the government had already agreed what those policies would be.
Minister of Finance, Dr Mansur Muhtar has assured that the federal government will make urgent exit from the eight troubled banks taken over by the Central Bank of Nigeria (CBN).
Spring Bank has emerged as one of the winners of this year's Lagos Bankers' Clearing House Representatives Merit Award.
Flour Mills Nigeria Plc has announced a significant improvement in its second quarter financial performance for 2009, with a profit after tax of N4.89 billion.
National Sports Lottery Plc has announced its plans to undertake a share reconstruction exercise within the next three months.
The Central Bank of Nigeria, CBN has said it would not allow the stock exchange to crash again adding that economic growth is now the focus of its policy
