economy

La Standard Chartered Bank Uganda a lancé aujourd'hui un produit de fonds communs de placement offshore pour ses clients lors d'une conférence de presse qui s'est tenue à l'hôtel Serena de Kampala et qui était présidée par le PDG de la banque, Sanjay Rughani, et Keith Kalyegira, le PDG de l'Autorité des marchés financiers, entre autres dirigeants. Grâce à cette proposition, les clients de la...

Rwanda is a country full of people everywhere. There is a huge population in Rwanda, and it is one of the most densely populated countries in Africa.  The figures are shown by the surveys conducted by Household Living Conditions back in 2016 and 2017, almost 38.2% of Rwandans are living below the poverty line. The population living in urban areas is just 18.4% of the total population. And the experts...

Rwanda: Real Estate Industry among the major Sectors propelling Economic Growth Last year, Rwanda posted an increase in economic growth mainly contributed to increased growth in the service sector, especially the real estate industry. This is according to a report released by the National Institute of Statistics of Rwanda (NISR). The economy grew by 6.0 percent exceeding the initial forecasted growth...

The steadily growing real estate sector of Kigali was one of the major contributors to the economic growth of Rwanda last year. The sector contributed about 8 percent to the national GDP growth in the fourth quarter of 2017. The real estate services including the sale and occupancy of homes recorded a growth of 5 percent last year, according to reports by the National Institute of Statistics of Rwanda...

According to recent studies, Kigali rakes higher rental yields in the residential and retail sectors than other cities in Sub Saharan Africa. Rental yield is the rate of profits compared to the cost of the investment property, typically expressed in percentages.  Kigali records 8.1 percentages on average rental return from the residential real estate industry while its retail sector records 9.8 percent...

Rwanda’s transformation has been mainly resulted from growth in urbanization and housing development. Kigali, the capital of Rwanda, is currently the fastest growing city in terms of urbanization in Africa. This has led to the creation of investment opportunities primarily in the real estate sector in Kigali to cater for the growing urban community. A drive in Kigali city will reveal the massive...

Rwanda gears up to usher in the Fourth Industrial Revolution which will change the country’s entire outlook. However, concerns have been raised by some of the private sector members who fear that their innovation capacity is still low. In the transformation to the Fourth Industrial Revolution, new technologies are incorporated in all sectors including the physical, biological and digital platforms....

The National Bank predicts 13 percent growth in credit lending to the private sector in Rwanda. This is due to the expected increase in lending by the financial sector in the country. The central bank will keep an accommodative monetary policy stance for this year to promote funding of the market by the banking industry in Rwanda. This is according to their recently released report of the Monetary...

To many people around the world, Sub- Sahara Africa is a no-go region especially when one thinks in investment and entrepreneurship lines of thought. However to informed business minded people this region has endless great investment opportunities. Efforts have started to play off in African countries to diversify the economy in order to maintain a steady economic growth.  These calls are aimed at...