News

Small enterprises top Rwanda agenda:
News Monday, Jan 13, 2014
KIGALI, Rwanda - The government has said a renewed focus will be placed on Rwanda’s Small and Medium Enterprises sector (SMEs) in 2014.
By: Agnes Bateta
Ugandans avoid banks :
News Monday, Jan 13, 2014
KAMPALA, Uganda - Most individuals and firms are increasingly accessing credit from informal sources, according to the 2013 FINSCOPE survey. One of the reasons cited by the survey for the limited access to credit is the low level of domestic savings whic
By: Emma Onyango
Rwanda inflation drops to below 5%:
News Monday, Jan 13, 2014
KIGALI, Rwanda - Rwanda’s overall inflation has dropped below 5%, the lowest in East African Community. Meanwhile GDP rate is at 6%.
By: Agnes Bateta
Tanzania yet to decide on Pavillion :
News Monday, Jan 13, 2014
MWANZA, Tanzania- The government is yet to decide how to spend the expected $258 million from the Ophir/Pavillion share sale deal.
By: Andrew Zablon
China in $640,000 bid to help Rwanda:
News Monday, Jan 13, 2014
KIGALI, Rwanda - The Chinese government, through the Economic and Commercial Counselor’s office of the Chinese Embassy in Rwanda, handed over four hundred sixteen 416 kits of solar equipment worth $642.304,
By: Agnes Bateta
All eyes on Kenya take-off:
News Monday, Jan 13, 2014
NAIROBI, Kenya – The economy will be a closely watched affair in 2014 both locally and internationally.
By: Humphrey Liloba
Rwanda talks tackle food security:
News Monday, Jan 13, 2014
KIGALI, Rwanda - USAID Rwanda’s Integrated Improved Livelihoods Program ‘Ejo Heza’, managed by Global Communities, is hosting the first ‘Cracking the Nut Africa: Improving Rural Livelihoods and Food Security’ conference in Kigali.
By: Agnes Bateta
Rwanda on course despite hurdles:
News Sunday, Feb 02, 2014
KIGALI, Rwanda - Rwanda’s economy has sustained growth despite the negative effects of an unstable eastern Democratic Republic of Congo and other external shocks brought on by the after effects of the global downturn five years ago.
By: Agnes Bateta
Tanzanians grumble over taxes:
News Monday, Jan 13, 2014
DAR ES SALAAM, Tanzania -Since time immemorial, Tanzanians have grumbled over government moves to hike taxes every year, even in sectors they should merit increases.
By: Patrick Kisembo
Tanzania gets $100m for agricultural venture:
News Monday, Jan 13, 2014
DAR ES SALAAM, Tanzania – Nitori Holdings, a Japanese firm, dealing in the in the sale of furniture and interior goods, has invested Tsh160 billion (about $100 million) in agricultural production and manufacturing.
By: Leonard Magomba
Uganda loosens salary payments:
News Monday, Jan 13, 2014
KAMPALA, Uganda-Uganda’s Ministry of Finance, Planning and Economic Development has decided to decentralize the management of the payroll with effect from January 2014.
By: Emma Onyango
Kenya to review FDI policy:
News Sunday, Feb 02, 2014
NAIROBI, Kenya--Kenya needs to overhaul the business regulatory environment to aggressively attract foreign direct investments in order to attain sustainable economic growth over the next 50 years, the World Bank has suggested.
By: Humphrey Liloba
Dar es Salaam launches mine licensing company:
News Monday, Dec 16, 2013
MWANZA, Tanzania—The government has formed a new company that will undertake exploration work on licenses surrounding Tulawaka Mine as part of restructuring the State mining Corporation (STAMICO) to march the ongoing economic trends in the country.
By: Andrew Zablon
World Bank increases Kenya funding :
News Friday, Dec 20, 2013
NAIROBI, Kenya -The World Bank Group has funded government projects and invested in the country more than Ksh1 trillion since independence, President Uhuru Kenyatta said on Wednesday while leading the nation in the country’s 50th anniversary.
By: Humphrey Liloba

 IMF approves Rwanda PSI three year plan US funds Tanzania soybean project IFC gives $22m for new Dar es Salaam building Uganda SMEs given insights Kenya private sector wants more support Tanzania reaches out to people without accounts
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