Rwanda is yet to experience amendments in Law no16/2005 of 18/08/2005 on direct income taxes and all its first legal provisions as the lawmakers, and Rwanda Revenue Authority (RRA) met to discuss the changes. The proposed amendments made other members of parliament question the reason for the introduction of such changes. The new Income Tax Bill stipulates that a levy of 5% should be imposed on the sale...
Calls James Kabarebe, the Rwandan Minister of Defense, commended the developers working on low-cost houses to partner with the land-owners since this would solve the problem of development of slums. He urged the real estate developers of low-cost housing to come up with methods. He said these in Gako, Masaka sector in Kicukiro District during the launch of 32 affordable houses constructed by Abadahigwa ku...
Comparing the current state of Kigali with a decade or two, you will notice the difference and conquer with me that real estate is booming. Many structures are under construction while some completed and occupied, someone who visited the city a few years ago would notice the difference. However, there are major concerns in the city especially the rate at which you will find many vacant homes and commercial...
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