Category: BUSINESS

Rwanda, German Football Club Bayern Munich Sign Mega 5-Year Deal

Kigali, August 28, 2023, Rwanda Press – German Football Club, Bayern Munich on Sunday, August 27, announced a five-year football development and tourism promotion partnership with Rwanda. The partnership, unveiled during FC Bayern’s first home game of the season, will see the club work specifically with Rwanda’s Ministry of Sports to set up a football […]

Russia-Ukraine War, Covid-19 and Climate Change Push Rwanda to Cut Down Customs Tax

Rwanda’s government announced on Thursday it will cut down customs tax on electric, hybrid and transport cars, as well as taxes on imported foodstuffs and construction machinery. The move was announced by the Finance and Economic Planning Minister Dr Uzziel Ndagijimana during the presentation of the national budget for the fiscal year 2023/2024 to joint […]

Equity Bank Group Buys 90% Stake in Local Lender Cogebanque

Equity Group Holdings Plc – the region’s financial giant, has acquired a controlling stake in Rwanda’s local Bank – Compagnie Générale De Banque Plc (Cogebanque). According to a notice shared by Equity Group, the deal will see the regional bank acquire a controlling stake at RWF54.68 billion ($47.75 million). The lender, which tops the profitability […]

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