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SalamAir launches direct Muscat-Kigali flights
11 hours agoBusiness
SalamAir launches direct Muscat-Kigali flights
16 hours agoBusiness
10 years of KCC: From a high-stakes opening to hosting over 100 world leaders
19 hours agoBusiness
U.S. to impose additional 50 pct tariff on certain Canadian goods
1 day agoBusiness
NCBA Rwanda partners with Kason Motors to enhance access to EV financing
2 days agoBusiness
What joining BestCities means for Rwanda's convention ambitions
5 days agoBusiness
Over 100 projects in Rwanda secure Rwf 35bn in loan guarantees through FAGACE
5 days agoBusiness
I&M Bank & Simba Supermarket offer complete family experience for the school holidays
Other Business News
Rwanda earns over Rwf 11.8 billion from agricultural exports in five days
6 days agoBusiness
Rwanda earns over Rwf 11.8 billion from agricultural exports in five days

Rwanda's agricultural exports generated more than Rwf 11.8 billion in five days, according to the National Agricultural Export Development Board (NAEB).

Rwanda ranks top in Africa for investor relations and debt transparency
6 days agoBusiness
Rwanda ranks top in Africa for investor relations and debt transparency

Rwanda has tied with South Africa for the top spot on the continent in the 2026 Institute of International Finance (IIF) Investor Relations and Debt Transparency Report, scoring 43.4 out of a possible 50 points in its debut appearance in the global assessment.

Rwanda’s new budget: What has changed for your wallet from July 1
Jul 14, 2026Business
Rwanda’s new budget: What has changed for your wallet from July 1

Rwanda’s new fiscal year began on July 1, 2026, with the government planning to spend Rwf 7.8 trillion, an increase of 12% compared with the previous year’s budget.

Central bank announces instant bank-to-wallet transfers through eKash from July 14
Jul 14, 2026Business
Central bank announces instant bank-to-wallet transfers through eKash from July 14

The National Bank of Rwanda (NBR) has announced that starting July 14, 2026, customers will be able to instantly transfer money across licensed financial institutions through eKash, Rwanda’s national digital payment system, connecting bank accounts and mobile wallets regardless of the provider.

OPEC lowers oil demand growth forecasts for 2026
Jul 14, 2026Business
OPEC lowers oil demand growth forecasts for 2026

Global oil demand is forecast to grow by 800,000 barrels per day (bpd) in 2026 year-on-year, said a report released on Monday by the Organization of the Petroleum Exporting Countries (OPEC).

Rwanda’s inflation rises to 13.6% in June
Jul 13, 2026Business
Rwanda's inflation rises to 13.6% in June

Rwanda's annual urban inflation rate rose to 13.6% in June 2026, up from 12.9% in May, as higher transport, housing and healthcare costs continued to push up consumer prices.

Shipping through Strait of Hormuz drops to five-week low as renewed US-Iran strikes raise security fears
Jul 13, 2026Business
Shipping through Strait of Hormuz drops to five-week low as renewed US-Iran strikes raise security fears

Commercial shipping through the Strait of Hormuz has fallen to its lowest level in five weeks as renewed military exchanges between the United States and Iran continue to heighten security concerns in one of the world's most important energy corridors.

BMW recalls over 10,000 vehicles in South Africa over starter defect
Jul 10, 2026Business
BMW recalls over 10,000 vehicles in South Africa over starter defect

South Africa's National Consumer Commission (NCC) has announced a recall of more than 10,000 BMW vehicles over a potential defect affecting the starter system that could prevent the engine from starting or cause overheating.

Ecobank lists world’s first commercial bank-issued Nature Bond on London Stock Exchange
Jul 9, 2026Business
Ecobank lists world’s first commercial bank-issued Nature Bond on London Stock Exchange

Ecobank Transnational Incorporated on Thursday, July 9, 2026, marked the listing of its US$450 million Sustainable Agriculture & Natural Capital Bond with a Market Open Ceremony at the London Stock Exchange.

98% of Rwandans value credit, but only 42% can access it – Survey
Jul 9, 2026Business
98% of Rwandans value credit, but only 42% can access it – Survey

A new survey has found that while demand for credit in Rwanda remains overwhelmingly strong, many consumers continue to face barriers accessing the financing they need, pointing to opportunities to further expand financial inclusion in the country’s next phase of development.

Dangote picks Kenya’s Lamu for mega oil refinery project
Jul 9, 2026Business
Dangote picks Kenya’s Lamu for mega oil refinery project

Africa’s largest industrial conglomerate, Dangote Group, has selected Kenya’s coastal town of Lamu as the site for a planned $17 billion oil refinery, a project expected to become East Africa’s largest petroleum processing facility.

RRA launches compliance drive as tax collections hit Rwf 3.96 trillion
Jul 8, 2026Business
RRA launches compliance drive as tax collections hit Rwf 3.96 trillion

The Rwanda Revenue Authority (RRA) has launched its 2026/27 Compliance Improvement Plan (CIP) after exceeding its tax collection target for the 2025/26 fiscal year, raising Rwf 3.956 trillion in domestic revenue and achieving 104.2% of its central government revenue target.

Rwanda’s fuel agreements with Kenya, Tanzania open door to regional petroleum trade – Minister Kajangwe
Jul 7, 2026Business
Rwanda’s fuel agreements with Kenya, Tanzania open door to regional petroleum trade – Minister Kajangwe

Rwanda’s recent agreements with Kenya and Tanzania on petroleum imports could position the country as a regional supplier of fuel products, according to Minister of Trade and Industry Antoine Marie Kajangwe.

OPEC+ to raise oil production cap by 188,000 barrels per day in August
Jul 5, 2026Business
OPEC+ to raise oil production cap by 188,000 barrels per day in August

OPEC+ countries agreed on Sunday to raise the oil production cap in August by 188,000 barrels per day (bpd) from July levels, according to a statement published after a virtual meeting of OPEC+.

Over 100 electric vehicles financed through the NCBA Bank–Longtai Group partnership
Jul 4, 2026Business
Over 100 electric vehicles financed through the NCBA Bank–Longtai Group partnership

In its continued commitment to building a more sustainable future, NCBA Bank Rwanda has reached another significant milestone by enabling more than 100 Rwandans to own electric vehicles (EVs) through its partnership with Longtai Group.

Rwanda, Russia advance nuclear cooperation with SMR rollout roadmap
Jul 1, 2026Business
Rwanda, Russia advance nuclear cooperation with SMR rollout roadmap

Rwanda and Russia have advanced their nuclear energy cooperation with the signing of a Small Modular Reactor (SMR) implementation roadmap, moving the partnership into a more structured execution phase.

Microsoft to reduce staff by under 2.5% in strategic AI-driven shift
Jul 1, 2026Business
Microsoft to reduce staff by under 2.5% in strategic AI-driven shift

Microsoft is preparing to reduce its global workforce by less than 2.5% in a new round of layoffs, a move expected to affect thousands of employees across multiple departments, according to a report from Business Insider cited by several media outlets.

Rwanda and Kenya ink new petroleum deal to boost Northern Corridor supply
Jun 30, 2026Business
Rwanda and Kenya ink new petroleum deal to boost Northern Corridor supply

Rwanda and Kenya have signed a new petroleum import agreement that is expected to strengthen fuel supply security, improve logistics, and deepen regional economic cooperation through the Northern Corridor.

Rwanda, Nigeria deepen capital markets cooperation
Jun 26, 2026Business
Rwanda, Nigeria deepen capital markets cooperation

The Capital Markets Authority of Rwanda has concluded a study mission to Nigeria aimed at strengthening regulatory cooperation, modernising market infrastructure and supporting greater integration among African capital markets.

Rwanda showcases specialty coffee at World of Coffee Brussels 2026 (Photos)
Jun 26, 2026Business
Rwanda showcases specialty coffee at World of Coffee Brussels 2026 (Photos)

Rwanda, represented by the National Agricultural Export Development Board (NAEB), is participating in World of Coffee Brussels 2026, one of the world’s leading international coffee trade exhibitions.

Popular In Business
Rwanda earns over Rwf 11.8 billion from agricultural exports in five days
Rwanda earns over Rwf 11.8 billion from agricultural exports in five days
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6 days agoBusiness
Rwanda ranks top in Africa for investor relations and debt transparency
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Jul 14, 2026Business
Rwanda’s new budget: What has changed for your wallet from July 1
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Jul 14, 2026Business
Central bank announces instant bank-to-wallet transfers through eKash from July 14
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Jul 14, 2026Business
OPEC lowers oil demand growth forecasts for 2026
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