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.... Read more »

Posted on : Wednesday , 21st December 2016

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.... Read more »

Posted on : Wednesday , 21st December 2016

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.... Read more »

Posted on : Wednesday , 21st December 2016

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,.... Read more »

Posted on : Wednesday , 21st December 2016

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.... Read more »

Posted on : Wednesday , 21st December 2016

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.... Read more »

Posted on : Tuesday , 20th December 2016

Zanzibar — China's MCC Overseas Company has signed a contract to build the Zanzibar Amber Resort in Matemwe Village. The resort will be one of the biggest in the East African region, say project owners.   The signing ceremony, witnessed by dignitaries including Speaker of the Zanzibar House of Representatives Zubeir Ali Maulid, his deputy, Mgeni Hassan Juma, legislators and ministers was held at Park Hyatt Hotel in Stone.... Read more »

Posted on : Tuesday , 20th December 2016

Construction of a multitrillion shilling fertiliser plant with envisaged daily production capacity of 3,850 tonnes is scheduled to start in Kilwa, Lindi Region, by next March. The petrochemical complex, a partnership project under a consortium of investors from Tanzania, Europe and Asia, is among the largest fertiliser investments in the continent.   Permanent Secretary (PS) in the Ministry of Industry, Trade and Investment, Dr Adelhelm.... Read more »

Posted on : Tuesday , 20th December 2016

The consulate building was built during the Ottoman era in 1912 in Harar city.   The Turkish Cooperation and Coordination Agency (TIKA) announced Tuesday that it has successfully completed the restoration of a 100-year-old Ottoman-era building in Harar.   Built during the Ottoman era in 1912 in Harar, it had been on the verge of collapse after years of neglect before TIKA began a restoration project two years ago.   Project.... Read more »

Posted on : Tuesday , 20th December 2016

The Government has slashed unit prices for electricity and rural water supply by 50 and 30 per cent, respectively, a move officials say will help increase affordability, service efficiency and competitiveness, among others.   Effective January 1, 2017, electricity tariff for households that consume not more than 15 kilowatts per month, will be Rwf89, down from Rwf182, translating into a 51 per cent deduction from the standard.... Read more »

Posted on : Wednesday , 14th December 2016

Ethiopia is to launch its first national level monitoring and evaluation policy. The Prime Minister issued an order this week for the National Planning Commission to begin the development of a National Monitoring and Evaluation Policy. The policy will provide the guidelines for the monitoring and evaluation process of all government projects and offices around the country.   To date, monitoring and evaluation policies and guidelines have.... Read more »

Posted on : Wednesday , 14th December 2016

Upon the approval of the bill, the ministry will conduct a quality audit inspections on construction projects   In a bid to reduce waste in publicly funded construction projects, the government is preparing a legal framework to monitor the rapidly growing sector.   The directive is meant to establish a system of controlling and auditing construction projects at every stage, from inception to completion. It will provide a way to.... Read more »

Posted on : Wednesday , 14th December 2016