Author: Wycliffe Nyamasege

  • Rwanda’s GDP grew by 9.7% in Q1 of 2024

    Rwanda’s GDP grew by 9.7% in Q1 of 2024

    In a joint press address, the Ministry of Finance and Economic Planning and the National Institute of Statistics of Rwanda (NISR) reported that Rwanda’s GDP stood at RWF 4.486 trillion in Q1 of 2024, up from RWF 3.904 trillion in Q1 of 2023.

    NISR Director General Ivan Murenzi said the services industry contributed 46 percent to GDP, agriculture contributed 25 percent, and industry contributed 23 percent. Net direct taxes accounted for 7 percent.

    NISR Director General Ivan Murenzi addresses members of the press.

    The overall performance of agriculture was 8 percent, attributed to growth in food crops production. The export crops production saw no growth, remaining stagnant at 0 percent. “Within export crops, the production of coffee decreased by 13 percent, while tea harvests increased by 21 percent,” Murenzi stated.

    The overall growth of industry was 10 percent. The two institutions attributed the growth to the good performance of mining and quarrying, which increased by 22 percent; construction activities, which increased by 16 percent; and manufacturing activities, which increased by 4 percent.

    “The growth in manufacturing was boosted by a 12 percent increase in the manufacturing of metal products, machinery, and equipment; a 25 percent increase in the manufacturing of wood and paper printing; and a 9 percent increase in the manufacturing of non-metallic minerals. Food processing increased by 1 percent after the growth of 22 percent in Q1 of 2023,” Murenzi stated.

    Members of the press and other stakeholders during the briefing on Wednesday, June 19, 2024.

    In the services industry, which recorded 11 per cent growth in Q1 of 2024, wholesale and retail trade increased by 21 percent; transport activities increased by 13 percent; hotels and restaurants increased by 13 percent; financial services increased by 6 percent; and telecommunication services increased by 28 percent.

    In Q1 2024, private final consumption, which is the total value of all goods and services consumed by households and non-profit institutions serving households, was 73 percent of GDP, government consumption was 15 percent, and gross capital formation, which represents investments in new buildings, machinery, and equipment was 36 percent. Total final consumption expenditure increased by 23 percent, exports increased by 50 percent, imports increased by 123 percent, and gross capital formation increased by 77 percent.

    Newly appointed Finance Minister Yusuf Murangwa said the economy is projected to continue its upward trend, with a projection of 6.6 percent growth in 2024.

    The former NISR boss affirmed that the growth is expected to be driven by strong performance in the service and industrial sectors, alongside the recovery of the agriculture sector.

    The minister noted that although climate change remains a significant risk worldwide, “We don’t see anything at the moment that is out of hand.”

    Newly appointed Finance Minister Yusuf Murangwa said the economy is projected to continue its upward trend, with a projection of 6.6 percent growth in 2024.
  • Microsoft dethroned as world’s most valuable company

    Microsoft dethroned as world’s most valuable company

    Nvidia’s shares rose by 3.5 per cent to $135.58 on Tuesday as the demand for chips for artificial intelligence (AI) software continues to increase.

    The share price now values the company at $3.34 trillion against Microsoft’s 3.32 trillion, with the price having nearly doubled since the start of 2024. Eight years ago, the stock was worth less than 1 percent of its current value.

    Nvidia’s new gains come just days after the company overtook Apple to become the world’s second most valuable company, while Apple and Microsoft’s shares dropped by 1.1 percent and 0.45 percent respectively.

    Nvidia, whose graphics processing units (GPUs) are integral to the development of AI, supplies tech giants such as Microsoft, Meta and Google.

    The company was founded on April 5, 1993, by Jensen Huang, Chris Malachowsky, and Curtis Priem, with a vision to bring 3D graphics to the gaming and multimedia markets.

    In the 2000s, Huang, the company’s CEO, led the company in the development of GPUs for use in applications besides gaming, positioning it to benefit from the emergence of AI.

    With the stunning rise of the company’s market value, Huang has become the 11th richest person in the world. The CEO’s net worth has increased by more than $4 billion to $119 billion.

    American tech firm Nvidia became the world’s most valuable company on Tuesday, June 19, 2024, surpassing Microsoft for the top spot.
  • RDF, RNP hand over community development projects as three-month programme closes

    RDF, RNP hand over community development projects as three-month programme closes

    In a joint statement on Wednesday, June 19, the two institutions said all community development projects undertaken by the security forces across the country had been handed over to their beneficiaries.

    The programme was conducted in partnership with the local government, and was held under the theme: “30 Years of Liberation: Defence & Security Organs with the Community Partnering for Rwanda’s Development.”

    The community development activities addressed human security issues in different sectors of health, environment, public infrastructure and utilities. Some of the projects undertaken include the construction of bridges, houses for disadvantaged families and Early Childhood Development (ECD) centres.

    The Minister of Local Government, Jean Claude Musabyimana, launched the CORwanda 2024 activities in March 2024 in Gisagara District, Ndora Sector, Bweya Cell, Gatobotobo Village. The activities included the construction and renovation of houses for disadvantaged families.

    The security forces also offered support to cooperatives of Imboni z’Impinduka (Agents of Change), an initiative aimed at helping graduates from rehabilitation centres by providing coordination, orientation, monitoring, advocacy, and community support to contribute to crime prevention and advocate for their socio-economic opportunities.

    The Deputy Inspector General of Police DIGP in charge of Administration and Personnel DCG Jeanne Chantal Ujeneza hands over a cheque of RWF 5 million to support a local cooperative of Agents of Change composed of rehabilitated drug addicts in Burera District, Kagogo Sector, Nyarubuye Cell.

    “The CORwanda24 was in line with the RDF and RNP’s constitutional mandate to contribute to Rwanda’s socio-economic development,” the institutions said, adding, “RDF and RNP extend their gratitude and appreciation to the public for their unwavering support for the security and development of Rwanda.”

    In Musanze District, the Minister of Defence, Juvenal Marizamunda officiated the launch of CORwanda 2024 with the construction of two bridges connecting communities in Musanze and Nyange sectors.
    The three-month CORwanda24 conducted in partnership with the local government, was held under the theme: "30 Years of Liberation: Defence & Security Organs with the Community Partnering for Rwanda's Development."
  • Rwanda’s Senate elections scheduled for September

    Rwanda’s Senate elections scheduled for September

    The order stipulates that the election for 12 Senators elected in accordance with national administrative entities will be held on Monday, September 16, 2024, while the polling date for one Senator from public institutions of higher learning and one Senator from private institutions of higher learning will be held on Tuesday, September 17, 2024.

    The electoral campaign period for senatorial candidates will kick off on Monday, August 26, 2024, and close on Saturday, September 14, 2024.

    President Paul Kagame, in the order gazetted on June 16, tasked the Prime Minister, the Minister of Local Government, and the Minister of Finance and Economic Planning to implement the order.

    The Parliament of Rwanda is bicameral. It consists of two chambers: The Senate (Upper House) and The Chamber of Deputies (Lower House). Election for members of the Chamber of Deputies is slated for next month – July.

    {{Composition of the Senate
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    The Senate comprises 26 members including 12 senators elected by the specific councils in accordance with the administrative entities; eight senators appointed by the Head of State; four senators designated by the Forum of Political organizations; one senator elected among lecturers and researchers of Public Universities and higher learning institutions; and another senator elected among lecturers and researchers of Private Universities and higher learning institutions.

    The House is charged with various roles including representing their constituents, passing legislation and scrutinizing and overseeing executive action.

    The Senators are also tasked with approving appointments of state officials as well as supervising the application of the fundamental principles.

    A voter casts his vote in a past election in Rwanda.
  • Malawi, Zambia endorse Kenya opposition chief’s AU commission bid

    Malawi, Zambia endorse Kenya opposition chief’s AU commission bid

    The leadership of the two countries pledged their support for Odinga’s candidacy for the regional role during his visit to Malawi’s capital, Lilongwe, on Sunday, where he attended the funeral service of the deceased Malawian Vice President, Saulos Chilima. The Vice President and nine other people died in a plane crash last week in Malawi’s northern region of Mzimba.

    After the event, Odinga held talks with Malawi President Lazarus Chakwera at State House in Lilongwe, where the Head of State endorsed the former Kenyan Prime Minister’s bid to head the AU Commission.

    Odinga was accompanied by two of his AUC campaign strategists: former Kenya Ambassador to the United States Elkanah Odembo and ex-Nyeri Deputy Governor Caroline Karugu.

    Odembo told Kenya’s Daily Nation that Odinga also had a lengthy telephone conversation with Zambian President Hakainde Hichilema, who, like the Malawi Head of State, pledged to promote Odinga’s bid among member states of the Southern African Development Community (SADC).

    “Both Zambia and Malawi not only assured Kenya of their support but also promised to campaign for [Odinga] among their SADC partner states,” Odembo stated.

    The two countries now join a growing list of nations that have pledged to support Odinga’s candidacy.

    President Ruto last week announced that he had secured support from Algeria during the 50th G7 Summit in Apulia, Italy, after talks with President Abdelmadjid Tebboune on the sidelines of the high-level forum.

    “I have held a discussion with President Abdelmadjid Tebboune… [who] has pledged support for Kenya’s Africa Union Commission chairmanship bid,” President Ruto wrote on X (formerly Twitter).

    Other countries that have endorsed Odinga’s candidacy include Rwanda, Ghana, Uganda, Tanzania, and South Sudan.

    Odinga, who previously served as African Union High Representative for Infrastructure Development, is seeking to succeed Chad’s Moussa Faki in elections slated for February 2025.

    The leader of the Azimio la Umoja – One Kenya coalition in Kenya received a huge boost in March after the African Union Executive Council unanimously resolved that candidates for the position of the next chairperson of the AU Commission would be nominated by the Eastern African regional states.

    Other candidates eyeing the seat are former Seychelles Vice President Vincent Meriton, Djibouti’s Minister of Foreign Affairs Mahmoud Youssouf, and ex-Somali Foreign Minister Fawzia Yusuf.

    Odinga, who previously served as African Union High Representative for Infrastructure Development, is seeking to succeed Chad’s Moussa Faki in elections slated for February 2025.
  • ‘They are wasting their time’ – President Kagame reacts to ‘Forbidden Stories’

    ‘They are wasting their time’ – President Kagame reacts to ‘Forbidden Stories’

    Speaking during an interview with RBA, the Head of State dismissed the series of stories dubbed “Rwanda Classified” as sponsored, saying the individuals behind the campaign “are just wasting their time”.

    “I was seeing a conglomerate of journalists who are really up in arms against us. But these are just wasting their time. They should have used their money and energy for something else. Rwanda is here and will prosper every year in spite of them,” President Kagame stated.

    The government had earlier accused the group of journalists mostly European and drawn from 17 media outlets of a well-orchestrated plan to dent Rwanda’s image ahead of the general elections slated for July.

    In a statement to newsrooms on May 28, the Office of the Government Spokesperson said the claims were not new.

    “Rwandans have come to expect this kind of media flurry by the usual actors, timed to disrupt our upcoming presidential and legislative elections.

    “In a similar vein, along Rwanda’s western border, in the conflict in eastern Democratic Republic of Congo, there is a parallel attempt to protect the genocidal militia FDLR, in the hopes of hurting Rwanda and in support of the open call for “regime change” by the President of the DRC,” the government said.

    The government maintained that the “malicious” campaign would not “materialise”.

    “This objective will not materialise because of the strong unity and accountable political system that Rwandans have built over the years. Rwanda’s democratic processes will continue, and Rwandans will make their choices about who they want to lead them into the future, peacefully and confidently.”

    The “Rwanda Classified” project is orchestrated by “Forbidden Stories,” a platform and website run by the Freedom Voices Network. The Journalists’ association was created in November 2017 by French journalist Laurent Richard.

    President Paul Kagame on Monday laughed off reports by a group of more than 50 journalists accusing his administration of widespread repression.
  • Rwanda projected to retain top spot in East Africa’s economic growth

    Rwanda projected to retain top spot in East Africa’s economic growth

    Rwanda, covering 26,338 square kilometers and home to about 13 million people, has recorded tremendous growth over the last three decades since the 1994 Genocide against the Tutsis, which left the nation on its knees. Last year, the country achieved a remarkable growth rate of 8.2 percent, reaching a GDP of $35 billion.

    According to the World Bank, strong growth is expected to continue in the construction and manufacturing sectors in Rwanda, while agricultural production is forecast to rebound following two years of weak performance. Gains recorded in the tourism sector are also expected to contribute to the country’s growth.

    The World Bank report further indicates that Uganda and the Democratic Republic of Congo (DRC), ranked second, are projected to grow at a rate of 6.0 percent in 2024, followed by Tanzania and Kenya at 5.4 and 5.0 percent, respectively.

    Uganda’s economic growth has been attributed to investments in the oil sector, with the country also set to benefit from increased global tourism. Kenya, which boasts the biggest economy in the region, is expected to see its economy grow by 5.3 percent, with the World Bank attributing the growth to a strengthened macroeconomic framework and regained access to international financial markets.

    Burundi, also a member of the East African Community (EAC), is expected to record a growth rate of 3.8 percent, with Somalia slightly behind at 3.7 percent. South Sudan is ranked the lowest, with a growth rate of 2 percent.

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    While acknowledging the positive trends, the World Bank warned of several potential risks to the economic outlook.

    “Risks to the outlook are tilted to the downside. Downside risks include increasing global geopolitical tensions, especially an escalation of conflict in the Middle East; a further deterioration in regional political stability; increased frequency and intensity of adverse weather events; higher-than-expected inflation; a sharper-than-expected economic slowdown in China; and increased government debt distress, especially if elevated public debt cannot be stabilized or new sources of financing do not become available,” the report reads in part.

    On the continental level, after a sluggish year in 2023, Sub-Saharan Africa’s economic outlook is brightening. The region is projected to experience an acceleration in growth, rising from 3 percent in 2023 to 3.5 percent in 2024. This momentum is expected to continue, with growth averaging around 4 percent annually in 2025 and 2026. This positive shift is driven by easing inflation.

    According to the National Bank of Rwanda, the country achieved a remarkable growth rate of 8.2 percent, reaching a GDP of $35 billion in 2023.
  • Qatar Airways to acquire 49% stake in RwandAir by July

    Qatar Airways to acquire 49% stake in RwandAir by July

    In an interview with the Financial Times, RwandAir Chief Executive Officer (CEO) Yvonne Makolo expressed optimism that the talks, which have been ongoing for about five years, would soon yield the desired results.

    “It’s been going on for a while; we have been discussing it for almost five years. So, now, we’re really at the tail-end of it,” Makolo told the British daily.

    Senior executives close to the negotiations intimated to the publication that the agreement could be executed as early as next month – July.

    The deal is expected to help RwandAir expand its operations, including increasing the number of aircraft and destinations, as well as enhancing the skills of its employees.

    It will also help Qatar Airways increase the number of flights it operates in Africa.

    “We access over 70 points on their network, and they access a number of points, especially in central Africa, where they don’t have a presence,” Makolo added.

    Officials say the deal between RwandAir and the Qatar-based airline was partly delayed by the COVID-19 pandemic and by Qatar hosting the FIFA World Cup.

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    But the two airlines have been working together since late 2021 when they signed a codeshare agreement aimed at offering travelers more choice, enhanced service, and greater connectivity to more than 65 destinations across Africa and the rest of the world.

    As part of the agreement, the state-owned carrier launched non-stop flights between Kigali and Doha.

    “This codeshare agreement will give our customers significantly more choice and flexibility, allowing RwandAir to strengthen its global presence and build on its strong and loyal African customer base. As we continue to grow out of the pandemic, this partnership represents yet another extremely important step on our recovery runway, and we hope to deliver more commitments like this to our customers in the very near future,” Makolo stated while welcoming the partnership in October 2021.

    In a separate agreement reached in 2019, Qatar Airways agreed to take a 60 percent stake in Bugesera International Airport in Kigali, being built at a cost of $1.3 billion.

    Makolo says the new airport, expected to be operational in 2027 and have an initial capacity for eight million passengers, would turn Kigali into “a major transit hub” on the continent.

    RwandAir and Qatar Airways are in advanced talks for an agreement that will see the latter acquire a 49 percent stake in the national carrier.
  • Nurses specializing in mental health request rollout of degree programs

    Nurses specializing in mental health request rollout of degree programs

    This issue was highlighted by Edmond Dufatanye, the head of RSPN, during the 16th international conference held in Rwanda by the International Association for Psychiatric Nurses (IAPN), which concluded on August 14, 2024.

    Psychiatric-mental health nurses have played a significant role in caring for Rwandans with mental health issues, being the first to receive training domestically from international experts after the 1994 Genocide against the Tutsi. The first group completed their Advanced Diploma in 1999 at what was then the Kigali Health Institute (KHI).

    Although there was no Bachelor’s degree program previously, the University of Rwanda has introduced one this year, 2024. However, current professionals cannot enroll yet as they must wait until next year for the first-year students to reach the Advanced Diploma level.

    Edmond Dufatanye emphasized the need for current professionals to further their education, warning that the delay might lead to some leaving the field for other opportunities. He stated, “The primary demand from professionals is the opportunity to study. The study opportunities provided only reached the Advanced Diploma level. […] Our main request is for a program that helps those at the Advanced Diploma level to attain a Bachelor’s degree.”

    The Rwanda Nurses and Midwives Union (RNMU) also highlighted that the lack of continued education for psychiatric-mental health nurses limits their competitiveness in the job market both in Rwanda and internationally.

    Dr. Philomene Uwimana from the University of Rwanda urged these nurses to be patient until next year, as this is the current solution available. She said, “They should be patient because many did not wait and shifted to other fields since there was no program available. Now that the courses have started, I believe it will work out well, and they will follow their chosen path.”

    A study conducted by RSPN, which included responses from 98 psychiatric-mental health nurses, revealed that 78% of them have an Advanced Diploma, only two have a Bachelor’s degree obtained abroad, and one holds a Master’s degree, also from abroad.

    Kim Madundo from Tanzania said that the fact that some countries still consider suicide a crime hinders the journey of caring for people with mental health issues.
    This conference was discussing the role of mental health in sustainable development.
    The participants of the event came from around 10 countries.
  • 92 cases of illegal arms possession prosecuted in the past five years

    92 cases of illegal arms possession prosecuted in the past five years

    These cases prosecuted from 2019 to 2024 include 35 cases involving suspects in possession of grenades, 34 cases involving suspects in possession of firearms, 12 cases involving possession of ammunition (magazines), and 10 cases related to individuals found with illegal substances.

    RIB spokesperson Dr. Murangira B. Thierry, during an interview with RBA, indicated that these confiscated arms indicate various criminal intentions.

    He said, “Those found with firearms face charges including illegal possession, criminal intent, and malicious acts… There are also cases where someone is found with a single firearm and claims it is for self-defence or protection against threats.”

    RIB points out that the weapons in the country are linked to the liberation war and the subsequent “Abacengezi” war that lasted from 1997 to 2000.

    The weapons involved included grenades, boxes of ammunition, and AK-47 rifles confiscated from various locations.

    Rwanda National Police spokesperson, ACP Boniface Rutikanga, emphasized that possession of weapons is strictly regulated by law, and anyone found with them will face legal consequences due to their threat to public safety.

    He also stated that since 2019, armed violence and crimes such as robbery and terrorism have not been observed in Rwanda.

    RIB spokesperson Dr. Murangira B. Thierry, during an interview with RBA, said that the confiscated arms indicate various criminal intentions.