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Category: Economy

African youth demand Govts action on rising unemployment

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There are at least 11 million young people coming to the labor market every year in search of work, yet only 3 million jobs are created.

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Johnson Kanamugire May 22, 2023 Africa, Beyond borders, Economy

Where is the money? Audit flags holes in Mgt of State projects

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There has been accumulation of taxes not paid to the taxman estimated at Rwf550.6 billion ($493.5 million) and decentralized taxes filed not yet paid of Rwf2.5 billion ($2.2 million).

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Johnson Kanamugire May 2, 2023 Current Affairs, Economy, Latest, On The spot

World street vendors to rally for protection at congress in Kigali

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The conference is happening at a time street vendors continue to decry various forms of discrimination and harassment in their work spaces, alongside criminalization, all threatening their livelihoods and survival.

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NewsPaper Africa April 20, 2023 Africa, Beyond borders, Economy

Pan-African payment system rollout reaches three more countries

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PAPSS rollout is planned to reach five regions of Africa before the end of 2023, while all central banks and commercial banks are projected to be signed up by end of 2024 and 2025 respectively.

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Johnson Kanamugire April 5, 2023 Africa, Beyond borders, Economy

Inclusivity promises to unlock power of LGBTQ, disabled entrepreneurs

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Local LGBTQ entrepreneurs struggle to keep their fashion brands, art stores and other businesses afloat even as they grapple with stigma and hate speech directed at them on and offline.

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Johnson Kanamugire March 28, 2023 Current Affairs, Economy, Life & styles

Why quick fixes won’t help end Russia war-induced food crisis in Africa

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Ongoing crisis left countries with little to show for many years of pledged investment in the agriculture transformation to boost local supply of key food items and agriculture commodities.

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Johnson Kanamugire March 25, 2023 Africa, Beyond borders, Economy, Opinion, Special reports

Rwanda population on the rise: Is economy creating enough ‘decent’ jobs?

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The economy is way far from absorbing ever rising number of job seekers while factors like wanting education quality and lack of capital continue to inhibit entrepreneurship.

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Ange Iliza March 17, 2023 Current Affairs, Economy, Latest

Rwanda food inflation hits new record high of 42.4pc

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Rwanda is among 10 countries with the highest food price inflation globally in the latest World Bank assessment released on February 27

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NewsPaper Africa March 12, 2023 Current Affairs, Economy, Latest

POVERTY: Is high inflation causing new woes in Rwanda?

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Effects of rising inflation could undermine the hard-won socio-economic gains registered over the recent years, if not properly addressed.

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NewsPaper Africa February 22, 2023 Current Affairs, Economy, Latest

Rwanda moves to tame inflation, ups budget by $98.2 million

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Govt will need to adopt mitigating policies to reduce the impact on affected households especially the poor, while the general increase in prices is also exerting pressure on budget expenditures.

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Johnson Kanamugire February 8, 2023 Current Affairs, Economy, Latest

Landless farmers: Rwanda’s agriculture conundrum

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With population inching closer to 13 million and high fertility rates, many Rwandan families are left with too tiny or without land space to do farming, hence can barely produce enough to eat.

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Johnson Kanamugire February 5, 2023 Current Affairs, Economy, Latest

Food costs up by 45.4pc. How expensive is the festive meal?

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Rwanda is among 10 countries with the highest food price inflation globally in the latest World Bank assessment.

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NewsPaper Africa December 24, 2022 Current Affairs, Economy, Latest

These African countries were most innovative in 2022

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Mauritius, South Africa and Morocco were the most innovative economies in Africa this year.

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Johnson Kanamugire December 22, 2022 Africa, Beyond borders, Economy

The not so visible barriers to trade and why we are not e-buying

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The not so ingenious idea to conduct transactions in major foreign currencies such as US dollar, British Pound, Euro or the likes anywhere within Africa allows somebody out of the continent to collect a portion of the trade value that is generated through settlement/transfer charges.

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Johnson Kanamugire December 19, 2022 Africa, Beyond borders, Economy, Opinion

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