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Doing Business in Rwanda

How Rwanda’s youth is reaping the benefits from agriculture

For Rwanda to develop into a higher middle income economy as set out in the Vision 2050, the country needs a robust private sector with the young entrepreneurs at the forefront. As they seek out what they believe to be profitable and business-focused careers, CNBC Africa spoke to some of the young people in the agriculture sector....

Unearthing challenges facing women entrepreneurs in Rwanda

Rwanda has set global records in gender promotion and is one of the best places to be a woman worldwide. However, a lot of work remains in addressing challenges facing women entrepreneurs in the country. This episode of Doing Business in Rwanda brings to light some of those challenges....

How tourism impacts the local community in Rwanda

Rwanda has high tourism ambitions and in the recent past we’ve seen millions in investment money flowing into that sector for development. With high investment hopefully comes high returns, but what about the everyday impact these tourist attractions are having on their subsequent surrounding communities? And how does the community contribute to the tourism effort?...

Inside the centres that are helping Rwanda to curb unemployment

In this episode, the Doing Business in Rwanda team visits integrated Craft Production Centres which the Rwandan government established in each district to accommodate local artisans and small traders in bid to curb unemployment rates especially among the youth....

Understanding the benefits of Rwanda’s largest inland cargo handling facility

Rwanda recently unveiled its largest cargo handling facility which is set to save businesses up to $50 million a year in logistics costs, among other benefits that this episode of Doing Business In Rwanda is going to unpack....

Rwanda, Mastercard Foundation partner to grow hospitality sector

The government of Rwanda through Rwanda Development Board partnered with the Mastercard Foundation to bring together a cluster of entrepreneurs in the sector as well as tackling capacity building challenge the sector has been facing....

Why the Arsenal deal is a big win for Rwandan tourism

In 2018, Rwanda through its visit Rwanda brand signed a sponsorship agreement with Arsenal football club worth over $30 million for a period of 3 year, the deal has seen the brand visit Rwanda gain more traction with more people going to Rwanda....

Rwanda empowering youth to drive transformation

For the continent to keep up with the demand and unlock her biggest asset; the Youth, new strategies have to be put in place to enable them to drive transformation. In the 2019’s edition of Rwanda Day that took place in Bonn, Germany, Rwanda Development Board Chief Skills Office, MINAFFET RCA Directorate and Akila Institute jointly developed a new feature “Career Corner” to offer a number of activities to Young Professionals within the Rwanda Community Abroad to the opportunities back home....

Understanding the impact of Kwita Izina 15 years later

Gorilla naming ceremony also known as Kwita Izina, was first introduced back 2005, to highlight the importance of the conservation of the endangered mountain gorillas and recognize the role of those who have dedicated their work to conserve them. This year, Rwanda celebrates the achievements and impacts it has made since the launched of the event 15 years ago....

The impact of liberation on Rwanda’s economy

This year was the 25th since the Rwandan Patriotic Front liberated the country, stopping the 1994 genocide against the Tutsi. During the period, special focus was put on reconciliation and economic revival....

Five endangered black rhinos find new home in Rwanda

Five eastern black rhinos were recently flown from Europe into Rwanda’s Akagera National Park in effort to save the critically endangered animal. The move is also set to boost the country’s tourism targets....

Essential oils: Understanding Rwanda’s budding cash crop

Essential oils are not common in Rwanda and commercial production of such products only started in the country in 2005. However, the sector has ever since undergone rapid growth and is gradually increasing contribution to the exports....

Rwanda refines ease of doing business with reviews in construction permitting

In the quest to improve the ease of doing business in the country, the government of Rwanda has reviewed the procedures to obtain construction permits, reducing the number of days from over 110 to less than 60 while the cost will reduce from 12 per cent to just 2.2 per cent of the building value....

Efforts to reduce maternal mortality in Africa

According to the UN, global maternal mortality ratio has declined by 44 per cent since 1990 but still more efforts are needed since about 303,000 women are estimated to die yearly due to childbirth. CNBC Africa poke to Toyin Saraki, Healthcare Philanthropist and the Founder-President of Wellbeing Foundation Africa to share more on her efforts in regards to this on the African continent. http://cnbc.africa/videos/...

RDB CEO Clare Akamanzi on the Special Economic Zones

In 2013, President Paul Kagame launched the first phase of the Kigali Special economic zone, the facility's main objective being to attract more foreign direct investment, job creation and growth in Rwandan exports. To better understand the contribution thus far, CNBC Africa spoke to Rwanda Development Board's CEO, Clare Akamanzi. http://cnbc.africa/videos/...

Investment opportunities in Rwanda’s Spirits Industry

With the global alcoholic beverage market expected to reach $1,594 billion by 2020, CNBC Africa's Michael Mugisha seeks to understand how this sector has fared for the past 8 years since premium liquor brands started producing in Rwanda. http://cnbc.africa/videos/...

Role of start-up accelerators in empowering Rwanda’s entrepreneurs

Start-up accelerators have positive additions to start-up businesses worldwide, for the case of Rwanda, this goes beyond help with access to finance to advisory and personalised assistance and also acting as a network or passage to other international markets.

Rwanda Motorcycle Company plans to assemble 20,000 motorcycles annually by 2018

According to the World Bank doing business report, Rwanda maintained 2nd best place to do business in Africa. This is most on the back of the ease in registering property, dealing with construction permits, enforcing contracts, paying contracts to mention but a few. This has seen a significant number of businesses open up in the country and one of them is Rwanda Motorcycle Company which has a plan to assemble to over 15 to 20,000 motorcycles annually by 2018.

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Rupert family fund oversubscribed; applications temporarily suspended

Applications for the Rupert family’s R1 billion small business fund, The Sukuma Relief Programme, which opened on Friday, have temporarily been suspended.

EOH Exco chop salaries by 25%; ask staff to cut by 20%

Technology group EOH narrowed its first half loss per share from continuing operations, while group revenue fell 14 per cent and costs rose. EOH CFO, Megan Pydigadu joins CNBC Africa for more.

SA launches green fund to drive investment into SMMEs

R488 million – that’s how much the Green Outcomes Fund has set aside for fund managers to increase investment in green Small, Medium and Micro-sized Enterprises. To discuss the fund - the first of its kind, CNBC Africa is joined by Tine Fisker Henriksen: Innovative Finance Lead, UCT GSB Bertha Centre and Mark van Wyk: Head of Unlisted Investments, Mergence Investment Managers.

Sarb guides banks to put dividends, bonuses on hold

South Africa’s Reserve Bank has guided banks to put dividends and executive bonuses on hold to help reduce stress on the banking sector from fighting Covid19. For more on this recommendation as well as other directives to ensure the health of the sector, CNBC Africa is joined by Unathi Kamlana, Head of Policy Statistics and Industry Support at the Prudential Authority.

Nigerian banking index gains but industrial goods sector declines

Investors are taking a keen interest in banking stocks today but the Industrial goods sector is facing a steep decline. Dare Fajimolu, Chief Research Officer at Blue Vertex joins CNBC Africa for a recap of today’s trade.