ECONOMY

Africa's mobile phone market shrinks by 3.4% in Q1

Africa's mobile phone market shrinks by 3.4% in Q1

Africa's smartphone market declined by 3.4% quarter on quarter (QoQ) in the first...

ITU targets $100bln by 2026 to accelerate global digitalization

ITU targets $100bln by 2026 to accelerate global digitalization

The International Telecommunication Union (ITU) issued a worldwide appeal on Wednesday...

Rwanda, China bilateral trade up 31.2%

Rwanda, China bilateral trade up 31.2%

China ranked first in terms of investments registered with the Rwanda Development...

Rwanda's tourism revenue up 171% in 2022

Rwanda's tourism revenue up 171% in 2022

Rwanda's tourism revenues increased to $445 million in 2022, up 171.3% from the...

Rwanda to increase 2023/2024 budget to boost economy

Rwanda to increase 2023/2024 budget to boost economy

Rwanda plans to increase the government spending by 6% in the 2023-2024 fiscal year...

IMF chief urges against protectionism to achieve global recovery

IMF chief urges against protectionism to achieve global...

The International Monetary Fund (IMF) has urged the avoidance of protectionism in...

Rwanda's trade union calls for miners' protection in Labor Day message

Rwanda's trade union calls for miners' protection in Labor...

The Rwanda Workers' Trade Union Confederation (CESTRAR) on Monday called for tighter...

Rwanda, Tanzania seek to improve trade ties

Rwanda, Tanzania seek to improve trade ties

Rwanda and Tanzania are ready to push forward new trading strategies to improve...

Rwanda rolls out new tax reforms to boost revenue collection

Rwanda rolls out new tax reforms to boost revenue collection

The Rwandan government Friday announced wide ranging tax reforms it said are aimed...

Rwanda waives value-added tax on maize flour, rice to tame skyrocketing prices

Rwanda waives value-added tax on maize flour, rice to tame...

The Rwandan Ministry of Trade and Industry (MINICOM) on Wednesday announced a waiver...

Burundi gets $261 million IMF loan

Burundi gets $261 million IMF loan

Burundi has received $261 million from the International Monetary Fund (IMF), the...

Global trade growth to slow to 1.7% in 2023: WTO report

Global trade growth to slow to 1.7% in 2023: WTO report

Global trade growth in 2023 will slow to 1.7%, the World Trade Organization (WTO)...

Meta to lay off 10,000 more workers

Meta to lay off 10,000 more workers

US tech giant Meta said on Tuesday that the company is cutting an additional 10,000...

Rwanda launches One Stop Centre to ease doing business

Rwanda launches One Stop Centre to ease doing business

The Rwandan government Friday launched an expanded One Stop Centre, which officials...

Rwanda extends business recovery support program for 2 years

Rwanda extends business recovery support program for 2...

The Rwandan government has extended by two years a program designed to boost the...

African agro-food expo kicks off in Egypt

African agro-food expo kicks off in Egypt

Egypt's capital Cairo hosted on Monday an international exhibition for the agro-food...