Zimbabwe to Invest $1.6m in Housing Project

Zimbabwe to Invest $1.6m in Housing Project

Zimbabwe is set to invest US $1.6m in completion of housing projects under the Beitbridge Redevelopment Program (BRP). The BRP, was initiated in 2006 by the National Economic Development Priority Program (NEDPP), with an aim of constructing affordable house to ease accommodation shortages for its workers deployed to Beitbridge Border Post. The program will be […]

Egypt to Construct $2.3bn Gas-fired Combined Cycle Plant

Egypt to Construct $2.3bn Gas-fired Combined Cycle Plant

A gas-fired combined cycle plant is set for construction in Egypt following a deal signed between a Egypt and Saudi Arabian utility developer, ACWA Power. The plant will cost $2.3billion and produce 2300 MW. Egypt electricity minister, Mohamed Shaker confirmed the reports and said the plant which will have a capacity of 2 250 MW […]

UK’s Erran Warden Impressed With Rwandans Growth After Genocide

UK’s Erran Warden Impressed With Rwandans Growth After Genocide

Mi Healthcare Plus- UK has announced possible plans for opening shop in Rwanda as soon as possible, officials told RBD The British health care company, has for a year engaged in humanitarian development activities in Rwanda.  In collaboration with Rwandan UK-based gospel artist Pastor Jackie Mugabo,Mi Healthcare has assisted genocide women survivors by providing tailoring […]

About World’s first Foldable Smartphone

About World’s first Foldable Smartphone

We finally have a foldable phone, and it’s not from Samsung or Huawei or any well-known brand for that matter. It is a brand called Royole which saw its inception by few Stanford Engineering Graduates in 2012. This foldable smartphone (cum Tablet !?) is the world’s first commercial smartphone to achieve this feat. Flex Pai […]

Rwanda, AfDB Calls for More Awakening of ‘Sleepy Africa Giant’

Rwanda,  AfDB Calls for More Awakening of ‘Sleepy Africa Giant’

Rwanda Minister of Finance has called for increased contributions to Africa Development Fund (ADF) to finance Africa’s Development Agenda Africa offers more opportunities for investments than ever before, the Minister of Finance and Economic Planning Dr. Uzziel Ndagijimana has said. Ndagijimana attributed this rise to increasing young population, middle class, unprecedented ICT penetration, regional integration, […]

Rwanda, AfDB sign US$269m to Increase Power Supply Reliability

Rwanda, AfDB sign US$269m to Increase Power Supply Reliability

Government of Rwanda and African Development Bank (AfDB) signed a loan agreement worth US$ 269 million (approximately Rwf237 billion) to finance Power supply reliability in Rwanda. The concessional loan will be disbursed under the second phase of Scale up Electricity Access Program (SEAPII), which is expected to improve reliability of electricity supply, increasing on-grid access […]

Doing Business in Rwanda

Doing Business in Rwanda?

Doing Business in Rwanda? Watermark Consulting is an audit,tax and financial management advisory firm that operates in Africa for the all financial services talk to us http://watermarkconsultants.co.ke

Rise and fall of your organizations

It’s often quoted that organizations rise or fall on their leadership. During the first World War, British Soldiers were said to be Lions led by Donkeys this described the British infantry of World War I and to blame the generals who led them. The contention is that the brave soldiers (lions) were sent to their deaths by incompetent and indifferent leaders (donkeys).

  It’s often quoted that organizations rise or fall on their leadership. During the first World War, British Soldiers were said to be Lions led by Donkeys this described the British infantry of World War I and to blame the generals who led them. The contention is that the brave soldiers (lions) were sent to […]

Breast Cancer Survivor Needs One dollar to Raise Rwf100million

Breast Cancer Survivor Needs One dollar to Raise Rwf100million

In 1986 Philippa Decuir’s sister who living in Democratic Republic of Congo suffered from breast cancer and despite efforts of getting her treatment abroad she didn’t survive the non-communicable disease. “I tried to fly my sister to a London hospital for treatment but it was too late. She died few days after arriving. You can […]

Rwanda to Launch First Electric Motorcycle in 2019

Rwanda to Launch First  Electric Motorcycle in 2019

Ampersand, an electric vehicle company, is beginning electric motorcycle taxi (e-Moto) trials in Rwanda due to be launched in 2019. Following 2.5 years of research and development, it is testing four different e-Moto models, specifically for motorcycle taxi drivers- which are so far customerised and already running on streets of Kigali. The initial e-Moto customer […]

Rwanda Stock Exchange Market Report 11th October, 2018

Rwanda Stock Exchange Market Report 11th October, 2018

Both RSI and ALSI remained unchanged to close at 131.48 and 131.58 respectively. Today’s trading session recorded a total turnover of Frw 119,600 from 1,300 shares traded in 2 deals and Frw 5,500,000 worth of bonds traded in 2 deals. IMR counter closed at Frw 92(Frw 92 previous). The trading session recorded a total turnover […]

Kenya to Construct Africa’s 2nd Largest Dam

Kenya to Construct Africa’s 2nd Largest Dam

Construction works on US $2bn High Grand Falls Dam in Kenya, Africa’s second largest dam is set to commence following a resolved procurement dispute which threatened to delay the project. According to Irrigation Principal Secretary Fred Segor, Public Procurement Review Board (PPRB) — the state agency that handles disputes arising from government tendering — upheld […]

Africa Finance Corporation Acquires a US$300m Chinese Loan Facility

Africa Finance Corporation Acquires a US$300m Chinese Loan Facility

Africa Finance Corporation (AFC) a leading infrastructure development finance institution in Africa, has successfully acquired a $300 million facility from Export-Import Bank of China. The inaugural loan facility from CEXIM is composed of a $200m five year loan and a $100m five year stand-by facility for general corporate purpose. This follows the corporation’s strategic focus […]

Andela Operations Enter Rwanda

Andela Operations Enter Rwanda

Andela, a technology training and job placement firm has appointed a Rwandan country representative with plans to start operations in Rwanda before end of 2018. Clément Uwajeneza, formerly Irembo Platform CEO becomes Andela’s new Country Director. Uwajeneza, is expected to provide strategic leadership and direction to the Kigali Andela office, and will be responsible for […]

Rwanda Eyes 5G internet by End of 2019

Rwanda Eyes 5G internet by End of 2019

By Senior Staff Reporter Rwanda is now planning to go for the 5th Generation (5G) internet connection after hitting a successful 96.4 percent 4G network coverage countrywide in the last four years. So far Rwanda is the only country globally that has the biggest 4G coverage, and 5G internet could be a step ahead, despite […]

7 Ways to Take Control of Your Debt

Though your debts might feel bigger than you, they’re not. You have the power to cut your debts down to size and manage them more effectively.

7 Ways to Take Control of Your Debt

Everyone with even a little bit of debt has to manage their debt. If you just have a little debt, you have to keep up your payments and make sure it doesn’t get out of control. On the other hand, when you have a large amount of debt, you have to put more effort into […]

Web Summit to Remain in Lisbon Until 2028, in a New $128 Million Deal

Web Summit to Remain in Lisbon Until 2028, in a New $128 Million Deal

  Lisbon, Portugal will remain the host city of Web Summit for the next decade after a robust and competitive tender process involving offers from over 20 cities across Europe. The revelation was made by Paddy Cosgrave, the CEO of Web Summit and Antonio Costa and Prime Minister of Portugal revealed this October 3, 2018. […]

Rwanda Marks World Investor Week

Rwanda Marks World Investor Week

Rwanda’s Capital Market Authority (CMA) has joined the rest of the world to celebrate the 2018 World Investor Week (WIW). The WIW week will be held from October 1st– 7th, 2018 to promote investor education and protection and highlighting the various initiatives of securities regulators in those two areas around the globe. In Rwanda, the […]