Author: b_igi_adm1n

  • Rwanda-Indian community Marks 65th Independence Day

    The umbrella of Indians in Rwanda has today morning joined the rest of the Indians across the world to honor Independence Day that is cerebrated on August 15, commemorating the independence from the British rule in 1947.

    Exclusively speaking to igihe.com, the Chairman of the Indian Association of Rwanda (INAR), Dinesh Kalyan said: “There has been a growing population of Indians in Rwanda reaching 141, 500 people.

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    “This year’s cerebrations in Kigali were sort of a long marriage festival going on over the last two weeks with great enthusiasm and participation by both genders of all ages in different activities like sports, painting competition and cultural program.

    “We started with blood donation and 73 people donated blood” He said adding that while in Rwanda they started other activities that will keep on, like Umuganda program doing it by themselves as Indian community in Rwanda.

    He also pointed out that so far INAR is playing a role model to the rest of the foreign communities living in Rwanda.

    On behalf of the INAR, Kalyan appreciates the government of Rwanda for its sustainable development that has led to their stay in the country.

    “We all know well that we are living in a very well organized, well governed, lawful, secure, clean and developing country and we are really proud for that” he observed.

    He urged the Indian community in Rwanda to preserve the sanctity of Rwanda and also to work hand in hand towards its development and become a role model in each sector. He also challenged them to respect the laws of the country by all means.

    In read message to the Indians in Rwanda, Pratibha Devisingh Patil, the president of India noted: “Our independence was won on principles of truth and non-violence.

    “It is this as well as the transformation impact it had on other parts of the world that makes our freedom struggle exceptional.” He concluded.

  • Real Estate Boss Held for Swindling Money

    Nathan Lloyd, the Managing Director of the DN International; a real estate development company, has been put behind the bars by the National Police over allegations of swindling client’s money.

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    Lloyd had earlier received sums of money from 19 people who bought houses at Hill View Estate located at Kabuga, Kigali city suburb at a cost of Rwf55m, developed by DN International at loan acquired from Fina Bank.

    He therefore, never produced required documents to his clients as promised, National Police reports.

    Police spokesperson Supt. Theos Badege in a statement noted; “Those who bought houses will lose their money. It’s a swindling case because the company used fraudulent means to get the money from the victims promising to give them their tittles and keys immediately after payment, concealing the fact the titles are held at Fina Bank.”

    He also had misunderstandings with the bank which had resulted into the auctioning of the houses by the bank which was to be held on August 25. This brought a lot of fear by the clients over losing their houses and some of them had even paid full amount during the construction process.

    Prior to his arrest RDB had brought both parties; Fina Bank and DN International together to review the appropriate ways of handling the issue.

    Exclusively speaking to igihe.com, RDB’s Chief Operations Officer Claire Akamanzi said, “there is nothing to tell you now but we brought them together and we hope the problem will rectified soon.”

    When contacted Lloyd last Friday, he noted; “yeah we had miner misunderstandings with the bank who gave us loan for the construction of this estate but we have come to an agreement and the problem will be rectified as soon as possible.”

    The Managing Director Fina Bank, Rao Balivade noted, we reached a temporally agreement and put the auctioning on halt for some time.
    Lloyd is being detained at Remera Police Post.

  • Fitch Ratings Upgrade Rwanda’s rating to a ‘B’

    The Government is to undergo a second rating by Standard & Poor’s (‘S&P’) to review the country’s strong economic growth, and the reform process that made the business environment friendlier to investors.

    The ministry of Finance and economic Planning will of August 16 host one of the world’s leading rating agencies (S&P) with coverage on 126 sovereigns globally.

    Mid September, the Agency will visit Rwanda and meet with various government ministries, Ambassadors, donors, RDB among others and 8 weeks later, send initial rating to the Ministry of Finance for discussion.

    According to a Press release issued by Finance Ministry Friday, Fitch Ratings recently upgraded Rwanda’s rating to a ‘B’, in recognition of the country’s more secure investment climate.

    Ratings provide an independent objective assessment of the credit worthiness of a certain country or a security.

    The factors considered in the rating include the country’s economic status, transparency in the capital market, level of public and private investment flows and foreign investment.

    Other factors considered are foreign currency reserves, political stability, or the ability for a country’s economy to remain stable despite political change.

    Frank Higiro, the Communications Advisor Ministry of Finance and Economic Planning says: “A second rating would reassure investors that Rwanda has a good investment climate which could also lead to better borrowing costs for local companies and the government.

    Such an opportunity will also enable Rwanda to access the international capital markets either through a sovereign bond offering.

    It will also enable local companies with better access to the capital markets. After receiving their respective ratings, several African countries have issued international bonds to raise capital.

    Ratings lie on a spectrum ranging between highest credit quality on one end and default on the other. Long–term credit ratings are denoted with a letter: from triple A (AAA) which is the highest credit quality to C or D (depending on the agency issuing the rating), the lowest or ‘junk’ quality. S&P is expected to complete the ratings process by the end of 2011.

    The agency began coverage of Africa 17 years ago and currently has extensive coverage with a rating on 15 countries in Sub-Saharan Africa.

    It is headquartered in New York with company offices located in 26 countries globally with representative office for Sub Saharan Africa in Johannesburg, South Africa.

  • Football Referees Trained

    By: Marcel Nzabamwita

    Rwanda Footbal referees and their instructors have completed one week of training in preparation for the upcoming football season.

    The training was a partnership between FIFA and CAF

    Raoul Gisanura, the FERWAFA vice president, officiated in the closing of the training. In his remarks, he highlighted the role of referees in upholding the quality of football in Rwanda and encouraged them to extend their roles across the continent.

    A total of 26 referees and assistants passed the test on Saturday whose focus was on Technique, Interpretation and Psychology of the game.
    They were led by a team of 20 instructors who helped them in keeping up to date with the current rules and technicalities of the game.

    FIFA’s Alain Mungwenge at the launch of training said, “this training program should help improving quality of football as a game. This is a role of referees teaching players what to do and what to avoid during the game.”

  • Kagame Calls for Tax Compliance

    By: Igihe.com Reporter

    President Paul Kagame has urged relevant authorities and the general public to devise ways of improving tax collection to get increased revenues in the country.

    While officiating at the 10th taxpayers’ day, President Kagame said that time is ripe to think collectively on how revenues can be increased to prevent over dependency on foreign aid.

    “Those countries supporting our budget and different projects get their funds from their citizens with whom we should have equal dignity,” Kagame said while addressing hundreds of taxpayers that turned up to celebrate the day.

    “Those countries too have problems to cater for, and once problems persist they can lose morale of supporting you, so one should think of measures to prevent dependency on foreign aid. One should think beyond the available aid in case they lose morale for supporting us today due to lost generosity or overwhelmed by their problems,” Kagame warned.

    Kagame called for voluntary tax compliance so as citizens could be able to be self reliant to solve over dependence on foreign aid.

    Taxpayers to contribute 48% of this year’s national budget was provided by tax while 41% from foreign aid and the rest from external debts.

    Rwanda Revenue Authority managed to collect Rwf 491bn out of targeted Rwf 458bn both fiscal and non-fiscal revenues of 2010/11 tax year.

    According to Ben Kagarama the commissioner general of RRA, this year’s projected tax revenue is Rwf 515 bn which is likely to be attained given the new tax reforms.

    Recently, the Minister of Finance and economic planning John Rwangombwa said that the government wants the citizens’ contribution to hit a target of 60% in 2014/2015 national budget believing it will be a tremendous stride taken by Rwandans themselves to get rid of aid dependency.

    This year’s 10th Taxpayer’s day had a theme “Tax Compliance Dignifies a Nation” aimed at increasing tax compliance among taxpayers as well as sharing the ownership of paying taxes.

  • UK Coach trains Rwanda’s Young Footballers

    Richard Peers, 27, a coach at Hale United JFC and director of charity Orphan UK, led a group of Conservative volunteers on a month-long trip in the country as part of the party’s Project Umubano created by Prime Minister David Cameron in 2007.

    The project works with communities in Sierra Leone and Rwanda. While in Rwanda, the team held training sessions with over 500 children and worked with football coaches.

    They also handed over 2,000 football kits, from the charity Afrikit donated by several football clubs including Manchester City and Stockport County.

    Richard, a former Trafford Council candidate, said he had been inspired by the confidence, happiness and skill of Rwanda’s young footballers.

    He also said that there’s a serious lack of equipment and that the soccer talents here could be going to waste.

    “Many of the children play football barefooted and often with plastic bags wrapped in rubber bands as balls, yet most possess skills worth of British Academy players.

    “We hope that through working closely with the Rwandan children, we have empowered them to gain an increased confidence not only to express their talents in sport but also to work hard to help Rwanda continue to grow as a model of African development.” Richard pointed out.

  • Four Truths and a Lie: How Congolese Refugees Lost Hope in Rwanda (III)

    By: Supreetha Gubbala

    PART III

    below we bring you the last part of the refugee series

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    …….In an interview with Director of Refugee Affairs, Jean-Claude Rwahama ,was unaware of their struggle to become recognized and said perhaps this was something for the Ministry of Education to work on. He agreed that , “ Human beings must have the right to education.”

    However, not much initiative seemed to be taken by MIDIMAR or MINED to help the school in their struggle.

    For the moment, it seems no solution lies in the near future for the students and as they lose motivation, many lose sight of their own hopes and dreams. Graduating in to nowhere, most turn to finding the only means of survival they can access.

    For young girls, this is often maid services and prostitution, and sometimes one that may turn into the other. For young boys, the options are more diverse, ranging from construction to drug deals to odd jobs to house boys, but even they are not protected from assault.

    Despite this, Fidele tries desperately to hold on to the slight glint left in his aging eyes. He, himself, is a meager twenty three years of age, but this is easy to forget.

    “My students I tell them, even if we are stuck in a difficult life, we need to find the strength to get through it ourselves. I want them to know this is not the end of life.”

    Food Verses Water

    Trotting out of the health center to head into the residences, we almost bumped straight into a one-legged man digging soil into water.

    He hopped from one side of the pile to the other, efficiently uncovering more dry dirt to create this make shift cement. The balancing act had been mastered over the 50 years that he had lived with polio.

    Emmanuel Byanze has been in the camp for twelve years now, and squinted through his old eyes at the now blazing sun, he tells us he has five kids and a wife.

    “Not bad for a lame man, eh? ” he tells us baring his missing teeth into a grin.
    All his children are in school, and as the man, he tried to bring what little he can home. Struggling for odd jobs here and there, today he considers himself lucky. He was being paid 400 Rwf. for digging dirt the entire day.

    Currently, residents are provided 7 kilograms of maize per month per person; it used to be 10. According the UNHCR’s June 2011 Fact Sheet for Gihembe although 2,100 Kcal/p/day was the agreed upon ration, only 1,997 Kcal was able to be provided. Any other food needs, such as vegetables or fruits must be bought outside of the camp, by selling the little food they receive.

    The food shortage was caused by the drought affecting the horn of Africa, where WFP obtains its food supply. Fortunately, beginning mid-august WFP will be restoring food supply back to normal levels, with an addition bonus of the 4 kilograms lost in the past month.

    A further complaint explained in hush tones by camp leaders was the practice of determining the size of your family in allocating food rations.

    “If you have more than three people in your family, they sometimes question whether or not someone is your child claiming they have different skin tones.

    Then they only provide you with food for three instead of four,” Zone leaders informed us.

    The frustration lying on the otherside of food distribution however, tells a different story. Refugees are sometimes found bringing neighbors children with them when it comes time for food allocation, in a desperate attempts to obtain more food for their own family.

    However, this practice ultimately takes away from the overall food supply for refugees and miscalculates the total numbers living in the camp.

    For many residents the food they receive is unlikely to reach the table, due to a recent shortage of water and lack of firewood.

    “Since May we have stopped depending on water or firewood,” Ferediana Muhundekazi, 60, informed us.

    As a woman strolls by with her familiarly empty water jug, she tells us, “ I will return probably after four and half hours after I have fetched some from the nearest foothill.”

    The firewood shortage has occurred for two months, due to an increase in prices by the local provider. Fortunately, UNHCR is aware of the issue and is working to restore firewood provisions in the near future.

    Corretta Nyirandabaruto of Zone 7 is 42 years old with 8 children and a husband to support, and not exactly shy. “My regular day consists of waking up at 5 to find work for sometimes as little as 150 Rwf. for the day and return at 5pm to buy food with this money. But then even after I buy food, I find there is not water to cook it,” she tells us.

    “Even the way they supply food has become irregular. Just yesterday they gave our whole family only 3 kilograms of beans to last the entire month. From this we even have deducted some to sell to buy water and firewood.”

    “The UNHCR minimum standards are 20 liters per person per day. This standard is reached in 2 of the 3 camps, but recently at Gihembe camp, refugees have not been receiving this amount. UNHCR and its Partners are doing everything they can do redress the problem,” UNHCR External Relations Officer Anouck Bronee told us.

    According the UNHCR’s June 2011 Fact Sheet for Gihembe, the current amount received on average is now 10 liters/person/day. EWSA, Rwanda’s national power and water distribution company is unable to provide adequate water supplies to the camp, leaving UNHCR with no option other than to truck water from over 30 kilometers away. Despite there, efforts however, a durable situation has yet to determined.

    With this shortage of water, it is known that overcrowded sanitation will be taking a hit, leaving many more vulnerable to sanitation related diseases such as cholera. With currently only 171 communal latrines in use for a population of over 20,000, sanitation may not be in the best place to be compromised.

    A recent report from UNHCR Rwanda stated, “The lack of sufficient space in the camps means that houses are built very close to each other, which raises sanitation and hygiene-related problems.”

    “ In addition, the size of a standard house is very small. Each 3x4m (12m²) house is intended to accommodate four persons; but very often, each house accommodates six, seven or eight people. Spacing is so limited that children are sent out to sleep with neighbors – a practice that has serious security and safety implications, especially for females,” the report pointed out.

    Unfortunately, this is an issue only the Rwandan government can address as this population rapidly grows without any more land allocation since their meager beginnings in 1997. Currently, over 20,000 residents are residing in a living space originally allocated for 14,000. With the current land shortage in Rwanda, MIDIMAR is not readily looking to provide land for this population.

    To the question of firewood Bronee, and UNHCR Camp Director, Richard Ndaula told us, “Each month, 800 steers of firewood are distributed in Gihembe camp and in Kiziba camp (Karongi District); while Nyabiheke, owing to its smaller population, receives 700 steers. The steers are then distributed among households.”

    “Of course, everybody knows when you send a girl to fetch water or firewood, they could easily be molested or raped. But in our culture, it is so shameful most will not even tell you if it has happened,” Coretta explained matter-of-factly.

    A Dangerous Asylum

    Corretta points to a plot of flat rubble, and says, “ This is where a house fell down and killed a family last year.” She continued walking as she said this; apparently it was not the most interesting news she had to tell us.

    Experiencing the refugees ever transient and harsh living conditions, it maybe be easy to believe almost every devastating story that comes to ear. One almost feels guilty not to. However, as we came to discover, the facts sometimes simply did not match up with the refugees dire tales.

    As we walked through the residences, local men showed pointing to various dirt mounds, they informed us that these were covered latrine pits. Over 11 children has fallen and died into these pits, they lamented.

    Most recently a bizarre incident involving the death of three young children 11 year-old Paul Mugisho, Denise Nyinawabeza and 13 year-old Ingabire Muhoza occurred. The three were sent to fetch white mineral sand from the pit that stretched to the size of a miniature canyon, when they an avalanche of loose rocks and sand engulfed them, instantly taking their lives.

    Mother of one of the deceased girls, Mahoro Nyirakamana told us this is not the first death of among her children, “We escaped death 17 years ago in Congo but there is another kind of war here in the camp, our people are dying day and night”.

    Sister Feza Barmurange 36 whispered to us, “ We just keep her close because she keeps speak of suicide.”

    It was the fifth house we had walked into that day without a visible mosquito net.

    After further investigation into why these children were sent to fetch this sand in the first place, we uncovered another layer to this story.

    Thadeo Gatanazi, father of one of the deceased explained, “We are required to paint our houses with the sand, to receive a tent to prevent leaks into our house. We have to get that white sand, and that pit is the only place you can get it.”

    Currently 3000 tents sit in stock at the camp, yet to be given out to those who need them.

    The funeral for the three children and one other lost to “sanitation problems,” took place later that evening.

    Gatanazi went on further to tell us, “But to get to solution to such problems, leaders should always first understand the impact of their decisions before requiring us to obtain that sand or they should adopt alternatives and bring the sand to us.”

    Despite the refugees many complaints about camp leaders, many are working hard to push for an increase in camp safety, but find it difficult to do so without adequate local resources and the rapidly growing refugee population.

    Other men congregated in the house chimed in with numerous anecdotes.
    One anonymous leader added, “Top leaders do not want us to expose problems here to the public because they are afraid of what will happen. But sometimes what they do is just not right.”

    The truth in these statements however, proved to be little. In fact, more often than not many refugees in desperation choose to blame local camp leaders for their current limbo, and for care takers attempting to provide for all their needs, this does not make their task any easier.

    Richard Ndaula, UNHCR Head of the Field Office in Gihembe refuted these claims and simply said; “It was a tragic and very sad incident, but then I wonder why the activity was done by children instead of their parents.”

    He added the requirement is a part of various projects going on in the camp including a shelter project where the ARC is constructing and requiring refugees to plaster the house themselves in order to empower refugees to be self-sufficient and reduce dependence on to hand-to-mouth aid.

    Ndaula said the policy has been there for over the last 10 years.

    In addition to bizarre safety related accidents involving young children inside the camp, adolescents face great vulnerability to safety breaches outside the limits of the camp.

    “Life for girls is the worst because when we can’t feed them, they go into town to sell themselves to soldiers or as house girls for food. We tell them not to, but what can we do when we do not want them to starve?” Seremi Enock 36 pointed out to us.

    “Boys they find other means, sometimes stealing or becoming vagrants. Some work as houseboys, but are actually forced into relationships with their owner, then come home with diseases.”

    Currently, only one police officer from the local district is assigned particularly to the Gihembe refugee camp, with the aid of 25 Refugee security guards.

    In the most recent report from UNHCR, it seems officials are aware of most of these issues and are working to help prevent them in the future. Bronee told us, “Some of the challenging issues are funding for secondary education, security in the camp, problems relating to ‘community behavior’.”

    Community behavior ranges from teaching children the importance of respecting parental authority, of attending school, of staying away from delinquency and other disruptive behaviors, and on the preventing Gender-Based Violence and HIV/AIDS.

    The Strangers in the Mountains

    As we walked away from the lives families that had ushered us excitedly into their 3 by 4 meter houses, we questioned if any sources of reprieve existed in this place.

    What do you do for fun here? We asked the eagerly awaiting women. They laughed, but not as heartily as we would have liked.

    “We pray,” they said smiling for the first time, “ Sometimes to forget what happened, sometimes to forget what is happening.”

    The Gihembe camp’s population has not received any new asylum seekers since 2009. It is growing at a rate of 30 children per month, and since its opening in 1997 has grown naturally from 14,000 to 20,000 residents.

    The eastern province of the DRC remains volatile with the presence of FDLR instilling great fear in the residents of North and South Kivu.

    Rwanda hosts approximately 55,000 refugees from its neighboring countries with 95% of the population originating from the Eastern DRC particularly from the North and South Kivu regions.

    Close to 97% per cent of the refugees in Rwanda are camp-based; they either reside in one of the 3 refugee camps, or are transiting in one of the two Transit Centers on the Congolese border.

    Among a rapidly grown population, in 2010 UNHCR’s Annual Program Budget was cut from USD 8,174,298 in 2009 to USD 3,999,256, a 48% reduction. Of the total operational budget for 2011, USD 10,550,075 was used for care and assistance programs for over 55,000 camp-based and urban refugees. That is barely USD 200 per person annually.

    How the UN is even managing to uphold adequate operations on this budget is truly amazing. However, it is impossible to continue on this path.

    Moreover, at Gihembe, it is difficult to find a resident who has not been residing in the camp for over a decade, or children who have not spent their childhood in the camp. Many have never even seen their “country of origin” and others hardly remember what it looked like. For thousands of children, Rwanda is the only country they have ever known.

    More often not, residents are confused

    As those above 16 undergoe the process of receiving their Refugee ID card, they know they will not be given the same benefits as Rwandese. The progress of Rwanda in providing Mutuelles, adequate food programs and education for all, will never be their own.

    And as Mahoro Nyirakamana, told us emptily as we left her home, “We don’t know where we are going anymore.”

    With inadequate funds, a growing population and many who are more familiar with Rwanda than the Congo, the time has come to question whether or not we must change our approach their futures, and therefore, their present.

    For UNHCR, this is what they have termed finding a “durable solution,” and is something that has been on their minds for a long time now.

    There are three main options: Voluntary return, integrate locally or resettled into a third country. Local integration is unlikely understand Rwanda’s densely populated country and land shortage.

    In regards to voluntary return, Bronee explained to us, “Indeed the situation in their country is still volatile. As a result, an organized return by UNHCR presents certain risks for them; therefore, we are not promoting voluntary repatriation. This does not mean to say that refugees are not free to return to DRC spontaneously.”

    The last option of resettlement depends highly on neighboring countries and cannot help the majority living in Rwanda.

    As Bronee concluded, “The situation for Congolese refugees in Rwanda is protracted, sensitive and difficult. In the meantime, and until the situation in DRC improves, UNHCR and the Government of Rwanda will continue to assist and protect these refugees within Rwandan borders.”

    As they look toward their futures, with a half empty pockets, the UNHCR has not lost hope for those under their care. But without the due return of their budget back to functioning levels, and no durable solution in sight, the refugees of Gihembe may remain strangers in mountains, lost indefinitely.

  • Rwanda’s Exports, Imports increase

    By:Igihe.com Reporter

    A Monetary Policy and Financial Stability Statement released recently by the central bank indicates that there has been an increase in Rwanda’s exports and imports both in volume and value in this year’s first half.

    According the 34-pages statement, exports and imports are key indicators of economic activities that have contributed to the country’s economic growth and believed to keep it stable despite the prevailing uncertainties in the regional economy.

    The region has faced Fuel and food inflation and prolonged drought that have drastically reduced production.

    “Export volume and value recorded a significant increase of 58.2% and 48.1% respectively while imports volume and value increased by respectively by 13.2% and 14.6%,” the statement reads in parts.

    However, despite the strong increase in exports, the trade deficit deteriorated to US $ 587.5 million against US $ 543.7 million recorded at end of June 2010. However,the coverage of imports by exports has increased to 20.9% end June 2011 from 16.2% end June 2010.

    It is believed that when informal cross border trade is included, this coverage rate of imports by exports rises to 25%.

    The main Rwanda export commodities remain the traditional ones such as coffee, tea and minerals representing 72% of total export values during the first half of 2011.

    The monetary policy and financial stability statement released and distributed by central bank (National Bank of Rwanda),indicates that Tea exports recorded good performance with an increase of 4.1% in volume from 12,811 tons in January-June 2010 to 13,331 tons in January-June 2011 and an increase of 10.1% of value.

    The mining sector has also contributed to growth both in economy and increase in exports as it continues to grow till this first half of 2011 recording an increase of 54% to 163.2 % in value reaching USD 72.5 million from USD 27 million respectively due to a significant increase in global prices by more than 70% in average.

    Non-traditional export products have also shown a good performance, mainly due to the increase in export of live animals, vegetables, mineral water, beer, cosmetics products and textile products.

    It is indicated that major part of these non-traditional exports went to DR Congo and Burundi except handcrafts that are mainly exported to developed countries like USA and UK.

    Rwanda’s informal trade balance is said to be overall in surplus dominated by DR Congo on export side and Uganda on import side.

    Rwanda’s import products are dominated by agriculture and animal products while imports are dominated by products such as maize flour, sugar, onion, banana for cooking, ground nuts, soap products, cleaning products, cement to mention but a few.

    Rwanda’s total trade value with its neighboring countries recorded an increase from US $ 278 million to US $ 567.5 million in 2010, driven mainly by imports.

    On the other hand this year’s imports seem to have slowed down due to a decline in imports of cereals and vegetables resulting from the drought that affected the region, and the increase in the domestic production.

    It has been projected that Rwanda’s economy is likely to rise beyond the initial projection despite the expected adverse impact of rising fuel and food prices.

    According to the IMF estimates of June 2011, the global economy continues its recovery process led by emerging and developing countries while developed countries, economic activity remain sluggish.

    This year the global economy is expected to grow by 4.3% down from 5.1% in 2010 and in developed countries, economic growth is projected at 2.2% while in the emerging and developing economies it is expected to reach 6.6%, as compared to 3.0% and 7.4% respectively in 2010.

  • Kigali City signs multi-billion Construction Deal

    BY:Igihe.com Reporter

    Kigali City Council represented by its Mayor Fideli Ndayisaba has signed a construction deal of three commercial complexes worth over Rwf 41bn with local investors.

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    The Rwandan investors are three companies formed by successful local businessmen that jointly registered their investment companies including Champion Investment Cooperation (CHIC), Genimo and Kigali Real Estate Developers.

    “Our goal is to realize a dream of making Kigali City a destination of investment and make it a modern city,” Ndayisaba said before signing agreements with the three companies.

    “Investment in Rwanda is not only for foreign investors but also potential Rwandan investors. They are bringing capital formation,” Ndayisaba added.

    Ndayisaba says the construction of three commercial complexes will contribute to the new shape of a required modern city and contributing to the realisation of the Kigali city Master Plan.

    He also said that all these complexes will be constructed where government owned property have been because it gives priority to investors.

    “The Government encourages investors and gives a green light to investment, that is why government gives a way her own property,” he emphasized.

    Ndayisaba warned that no one will be allowed to continue construction of these estates if there are no planed infrastructures in place first because of previous mistakes of poor city planning which have to be corrected.

    The projects expected to be completed in three years include a 12-storey commercial complex worth Rwf 25bn to be built at Muhima Technical School (ETO Muhima).

    The Muhima project belongs to Champion Investment Cooperation (CHIC), a consortium of 65 traders in Kigali trading centre.

    Tharcisse Ngabonziza, the head of CHIC, says each member of their joint company will contribute about Rwf 70 million for the project of completing the 12-storied complex which will have shopping malls, hotels and a hospital.

    The school will be relocated to Kicukiro College of Technology (KCT) for Kigali International Academy in Kicukiro District.

    Other projects are an eight-storied Apartment hotel worth US$15m (approx Rwf 8.9b), to be built at the former military court premises in Nyarugenge District and Kigali Tower valued at US$12.6m (approx Rwf 7.5b) to be constructed at the former office of tourism (ORTPN) headquarters, also in Nyarugenge District.

    The apartments Hotel will be built by GENIMMO Group, a subsidiary of SORAS insurance company, while Kigali Tower, owned by Kigali Real Estate Developers.

    The three complexes were purchased at Rwf 1.374bn with two plots to accommodate 12 storied complexes and one with the one for GENIMMO to have 8 storied houses.

    Robert Bapfakureka, the Chairman of Kigali Real Estate Developers, says their project will be co-funded by a Ugandan based investment group Mukwano Industries commonly known for plastic, soap, cooking oil products.

  • NGO trains Youths,Women in Business Skills

    Digital Opportunity Trust (DOT), an international NGO in partnership with Business Development Centers has awarded certificates to the 80 participants trained at Gatenga, Kicukiro district.

    DOT enables people to access and apply business information and communications technologies (ICT), to create education, economic and entrepreneurial opportunities.

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    Exclusively speaking to igihe.com, Emmanuel Nzeyimana, DOT Rwanda Program Manager noted, “the main issue of these trainings is to fight poverty but with the use of Information Technology.”

    “Our intension is to empower women and the youth particularly with capacity to develop business skills because some of the business people we train have little knowledge to develop businesses and we want to reduce the problem,” he added.

    Pierre Cerestine Ubitsemunda a father of four children says, “I have spent four years with the project of rearing rabbits and chicken but operating on a small space. After the training, I leant that, the place where I was working from was so small and now I have to widen my business because I feel I have all the skills due to the knowledge obtained here.”

    Emanuel Munyentwari of ‘Business Agricole et Veterinaire’ who has spent 13 years in business from gatenga Sector kicukiro district noted, “I am a high school dropout and all these years I never knew how business can be expanded. So after the 1 month training together with my wife, we have managed to start up another project of samosa processing with the use of modern technology while using a machine that will produce over 8000 samosas per hour.”

    He added that he got the idea with the use of internet research of which he studied during the training.

    DOT has since trained 2000 people on empowerment, technology and business skills.