Consumption tax rate law on beer and wine passed: What does this mean for Rwanda?

In Rwanda, Members of Parliament passed a draft law that Finance Minister Uzziel Ndagijimana presented to parliament earlier this month that reduces the consumption tax rate on beers and wines made using locally produced raw materials. Also, sources have disclosed that MTN Rwanda is weighing options of acquiring stake in Korea Telecom Rwanda Network (KTRN). Julius Bizimungu, Journalist at The New Times Rwanda joins CNBC Africa for more.

Partner Content

How COVID is teaching us to be better communicators

After years of having served as a senior communications practitioner, I’ve learned that the most important attribute of...


As we commemorate Women’s Month, we also celebrate remarkable women in the transport sector, while focusing on rail in particular. Given the...

Digital Payments and their Impact on Small Businesses in the Beauty Industry

Over the last 10 years one of the few constants has been the growth of technology and the impact it has had...

Subscribe to our newsletter

Sign up for free newsletters and get more CNBC AFRICA delivered to your inbox