MTN Rwanda posts Frw 13.3 billion profit after tax
MTN Rwanda Plc (MTN Rwanda has released its unaudited financial results for the nine months ending September 30, 2025, reporting strong performance across its operations. The company surpassed 8 million mobile subscribers, highlighting its leadership in Rwanda’s telecommunications sector and its growing role in driving the country’s digital transformation. Mobile subscribers grew by 6.9% to […]
ity of Kigali continues to expand as land prices surge in peripheral areas
Housing prices in Rwanda are rising steadily, making land ownership increasingly difficult, particularly in Kigali. According to the seventh Household Living Conditions Survey (EICV7), 72.4% of Rwandans live in homes they own, 21.3% rent, and 5.6% occupy homes free of charge. In the City of Kigali, the survey shows that 60.6% of households were renting […]
The rising cost of living and youth unemployment challenge Rwanda’s economic progress
Rwanda’s strong economic growth has long been a source of national pride. But now, for many households and young job seekers, rising living costs and persistent unemployment are casting a shadow over that progress. Inflation puts pressure on households Inflation in Rwanda has climbed in recent months, raising the cost of basic goods and services. […]
BRD launches program to support exporters with up to 70% credit guarantees
The Development Bank of Rwanda (BRD) has launched the Export Credit Guarantee Facility (ECGF), a program aimed at supporting Rwandan businesses that export goods abroad by covering up to 70% of the collateral required to access loans from financial institutions. The program, which started on November 7, 2025, is open to any entrepreneur involved in […]
Rwanda’s leather processors call for local tannery to boost industry growth
The Rwanda Leather Processors Association has highlighted key challenges affecting the growth of the country’s leather industry, including the absence of a local tannery — a situation that forces businesses to export raw hides for processing abroad. Jean d’Amour Kamayirese, the head of the association, said they will continue advocating for the establishment of a […]
Price of petrol increases by 127 Frw per Litre
The Rwanda Utilities Regulatory Authority (RURA) has announced new fuel prices, with the cost of petrol rising to 1,989 Frw per litre and diesel now set at 1,900 Frw per litre. The updated prices were released on Friday night, November 7, 2025, and will remain in effect for the next two months. These rates replace […]
Digital learning project expands to boost smart education in schools
The Ministry of Education has launched the second phase of the Smart Education Project, aiming to connect over 2,500 schools across Rwanda with digital learning facilities and internet access. The launch event at Kagarama Secondary School in Kicukiro District brought together students, teachers, education officials, and technology partners. The project seeks to promote digital literacy, […]
SP Ltd gas storage facility in Rusororo to begin operations in 2026
SP Ltd, one of Rwanda’s major petroleum suppliers, has confirmed that the gas storage facilities under construction in Rusororo Sector will start operating in 2026. The project is expected to boost the country’s cooking gas reserves and contribute to energy security. Chief Executive Officer Claudien Habimana told The New Times that the investment, now valued […]
Kigali’s Motorcycles: The backbone of urban transport
Before Kigali fully wakes, the soft hum of engines already fills the morning air. Motorcyclists, known as motos, are among the first to hit the streets. From Nyamirambo to Kacyiru, they weave through traffic, transporting people, goods, and hope. For many residents, a moto is more than transport. It is a lifeline. “A moto saves […]
First paper cup factory launched in Rwanda
Rwanda’s first p factory producing paper cup factory, A-ZF Global Trading, has officially launched its operations, with a production capacity of up to 100,000 cups per day. The factory unveiled its product line, Ishema Paper Cups, on Thursday, November 6, 2025. The event was attended by government officials, representatives from the Private Sector Federation (PSF), […]
