Investing

Peace Day anthem premieres in Rwanda

Peace One Day

by PHYLLIS BIRORI THE first-ever Peace Day Anthem is set to premiere at the Peace One Day Youth Celebration in Kigali, Rwanda on Friday. It will premiere in front of thousands of young people and beamed live into Rwanda and the world. The anthem, written by South Africa musician Zwai Bala and produced by Coke Studio Africa, is hoped to inspire a ...

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Rwanda international expo records massive growth

Rwanda International Expo

by PHYLLIS BIRORI THE just-ended Rwanda International Trade Fair has been hailed as a success following an increase in the number of exhibitors. According to organisers of the event, Private Sector Federation (PSF), the 18th edition of the fair saw the participation of 408 exhibitors, up from 307 last year. PSF Chairman, Benjamin Gasamagera, expressed excitement at the development. “The ...

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MTN Nigeria subscriber base increases but revenues drop

MTN Group President and CEO, Mr Sifiso Dabengwa, photo by Gift Ndolwane, CAJ News Africa

JOHANNESBURG – THE MTN Group has announced a decline in revenues at its Nigerian entity during the first half of the year. The company, during a results presentation event in Johannesburg, blamed the weak macro-economic environment, aggressive competition and operational execution challenges for the setback. Despite this, the operation grew its subscriber base by 4,9 percent, increasing total subscribers to ...

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Government endorses Rwanda Investment Forum

Kigali

by PHYLLIS BIRORI THE Rwandan government is committed to attracting investors and keen to create an environment that is conducive to stimulating new infrastructure projects in the country, an investment expert has said. Emmanuelle Nicholls, Event Director of the upcoming iPAD Rwanda Power & Infrastructure Investment Forum, scheduled for Kigali in November, made the sentiments ahead of the event. “The ...

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Telco refurbishes houses of Rwanda genocide widows

MTN Centre in Kigali, Rwanda

by PHYLLIS BIRORI MTN has donated Rwf 8 million for the renovation of houses for women rendered widows by the unforgettable genocide that hit Rwanda more than 20 years ago. Beneficiaries include the Association of the Widows of Rwanda, AVEGA Agahozo as well as Kinyinya Sector Authority. Mary Asiimwe, MTN’s General Manager for Human Resources and Corporate Affairs Management, said that the assistance ...

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ICT steers Rwanda to knowledge-based economy

Rwanda 4G LTE launch

by PHYLLIS BIRORI THE Rwanda Information and Communications Ministry is upbeat the growth of the sector would transform the country into a knowledge-based economy. Such projections are buoyed the government’s investment, which is at par with advanced economies, in the sector. “Information and Communication Technology is a central engine to driving Rwanda’s transformation to a knowledge based economy, a fact ...

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