BK Group Plc has completed the sale of its entire stake in BK General Insurance Ltd (BKGI) to the Rwanda Social Security Board (RSSB) for […]
Category: Finance
eKash processes Rwf960 billion in transactions three weeks after launch
Rwanda’s interoperable digital payment platform, eKash, processed more than Rwf960 billion in transactions within three weeks of its nationwide launch, while the number of customers […]
Rwanda’s VAT rewards scheme lifts tax compliance, helps revenue exceed target
Rwanda has increased value-added tax (VAT) compliance and exceeded its annual VAT revenue target after introducing a consumer rewards program designed to encourage shoppers to […]
New eKash system allows faster, cheaper money transfers across Rwanda
Customers across Rwanda can now transfer money between bank accounts and mobile money wallets through a new instant payment system designed to make digital payments […]
RNIT Iterambere Fund surpasses Rwf86bn as collective investment gains ground in Rwanda
Rwanda National Investment Trust’s (RNIT) flagship Iterambere Fund has surpassed Rwf86 billion in assets under management (AUM), underscoring growing interest in collective investment schemes as […]
BNR extends Mobicash Rwanda suspension over regulatory compliance concerns
The National Bank of Rwanda has extended the temporary suspension of Mobicash Rwanda Ltd’s operations to July 30, 2026, as the payment service provider remains […]
Rwanda sets 7.8 trillion rwf budget for 2026/27
The Government of Rwanda has approved a 7.8 trillion Rwandan franc (RWF) national budget for the 2026/27 fiscal year, covering domestic revenue, grants and loans. […]
Rwanda, Nigeria deepen capital markets cooperation
Rwanda’s Capital Markets Authority (CMA) has concluded a study mission to Nigeria aimed at strengthening regulatory cooperation and improving market infrastructure as African countries seek […]
Rwanda passes wideranging law to regulate cryptocurrency, curb fraud
Rwanda’s Chamber of Deputies has passed a law regulating cryptocurrency and other digital assets, introducing a licensing regime and strict penalties aimed at curbing fraud […]
Thousands Still Waiting for Compensation from Government Projects
Thousands of Rwandans are still waiting to be paid for damage caused by government infrastructure projects. Some people have been waiting for more than ten […]