Category: Business

  • WDA trains hoteliers on customer care service

    Rwanda has been known for its infamously pitiable and pathetic customer service. Recently, however, enormous strides have been taken to improve comfort, luxury and service of hotels and restaurants countrywide, focusing on better delivery to customers.

    The Work force Development Authority (WDA) has been the driving force behind these commendable efforts which have contributed substantial positive feedback.

    The program has undertaken this challenge by training people on a nationwide aspect especially in areas such as Rusanzi, Rubavu and Kayonza districts.

    For the third time in Kigali, the weeklong training was categorized into four sections; front office, food and beverage service, housekeeping and culinary arts.

    Commenting on the lessons, Beatrice Mutoni, the curriculum facilitator noted that. “Among what we teach include all the skills encompassing customer care within the four domains that are housekeeping, culinary arts, front office and food and beverage service.”

    Yet much emphasis is put on culinary arts (cooking) module, food hygiene since they’re among the main basics that ensure better service.

    Edwinson Ndizeye, acting head of culinary arts says: “There have been numerous reporting of food poisoning and this is something that can easily be prevented if certain hygiene principles in the kitchen are emphasized and negligence reduced.

    Mutoni was also quick to point out that. “ We also teach many types of cooking methods such as the well celebrated “mise en place”method ,” she also added that, “many waiters make mistakes and are incredulous to certain things such as how to serve properly, the right way to address a customer, we cover all those fundamentals through what we teach,” Mutoni remarked.

    Customer care service in Rwandan hospitality is one element that has been identified to be lacking in areas that go beyond the skills – the general attitude of the service providers. Mutoni sheds some light on this mystery by pointing out the fact that employers are the ones that can considerably contribute to the improvement of this factor.

    “The receptionists, waiters and other service providers, in some cases work extremely long hours with an unsatisfactory remuneration, and these poor working conditions lead to negative attitudes and in the end, it’s the client that suffers.

    “Despite this obstacle, it is apparent that employees still need a major acquisition of skills and with the work of the WDA, there has been a major success.

    “Employers countrywide have appreciated the skills that we give to their employees , the knowledge they acquire soon becomes evident by the way services are improved, ” Mutoni said adding that, “positive feedback from employers can be seen with the recent increase in trainees that showed up in this month compared to April.”

    Alex Munyaneza , acting head of hospitality unit highlighted that, “this time around we received a surplus of trainees ( a total of 168 )from owners of hotels and restaurants who were more than eager to have their staff employed for a better and efficient service provision”

    This affirmative and optimistic response wasn’t only seen with the employers but the employees themselves. Vincent Gakwaya , a waiter from Sky Hotel noted that. “This training has really taught us much and we feel that with these new skills, we shall be operating more efficiently and better”.

    Gilbert Kiza also sided with Gakwaya adding that. “With these new skills we feel that we are better prepared to face the day-to-day challenges in our duties as restaurant waiters.”

  • RSE market highlights as of 20 June

    Today, the RSE remained in the same trading range as far as prices are concerned but went up in volume.

    BRALIRWA shares closed unchanged from last week’s closing price of Rwf 220. A total turnover Rwf 2, 820,000 was recorded from 11,200 BRALIRWA shares transacted in 3 deals at Rwf 230 and Rwf 220.

    The KCB and NMG counters did not record any transaction today and their share prices remained unchanged from last week’s closing prices of Rwf 175 and Rwf 1200 respectively.

    At the end of formal business hours, there was an outstanding bid of 10,000 BRALIRWA shares at Rwf 215 each and outstanding offers of 32,000 BRALIRWA shares and 21,900 BRALIRWA shares at Rwf 230 and Rwf 220 respectively.
    There was also an outstanding offer of 2,100 KCB shares at Rwf 180 eac

  • urban inflation dips to 4.54 pct

    Falling food prices in May helped slow the inflation rate in Rwanda’s urban centres for the first time in seven months to 4.54 percent, official data showed on Thursday.

    The National Institute of Statistics of Rwanda said the country’s urban consumer price index rose less than 0.1 percent in May from a month earlier as a 0.92 percent fall in food and non-alcoholic beverages prices was off-set by increases in the cost of transport and housing and utilities.

    “The increase in the consumer prices index … is attributable primarily to the increase in housing, water, electricity, gas and other fuels (0.73 percent) and Transport (0.87 percent),” the statistics office said in a statement.

    Year-on-year, food prices rose by 4.69 percent in urban areas.

    Rwanda’s overall inflation rate, which has a higher weighting for food, increased to 3.82 percent in May from 3.05 percent a month earlier.

    Rwanda has the lowest inflation rate within the five-nation East African Community trade bloc. Uganda has the highest inflation rate at 16.0 percent, followed by Kenya, Tanzania, Burundi and then Rwanda.

    Rwanda’s Finance Minister John Rwangombwa said in his budget last week he forecast inflation rising to about 7.5 percent this year. This story was first published by Reuters.

  • RSE market highlights as of 16 June 2011

    Today, the RSE traded higher in volume than yesterday but went slightly down in price. BRALIRWA shares traded at Rwf 230 and Rwf 220 and closed at Rwf 220; a decrease of 2% from yesterday’s closing price of Rwf 225.

    A total turnover Rwf 2,333,000 was recorded from 10,600 BRALIRWA shares transacted in 5 deals.BRALIRWA shares are trading ex-dividend since Monday 14 June, 2011.

    The KCB and NMG counters did not record any transaction today and their share prices remained unchanged from yesterday’s closing prices of Rwf 175 and Rwf 1200 respectively.

    At the end business, there were outstanding bids of 5,000 BRALIRWA shares and 10,000 BRALIRWA shares at Rwf 216 and Rwf 215 respectively. There were also outstanding offers of 6,900 BRALIRWA shares at Rwf 225 and 47,300
    BRALIRWA shares at Rwf 226 each. On the other hand, there were outstanding offers of 2,100 KCB shares at Rwf 180 each.

  • Communication facilitates team work especially in hotel business

    Ones commitment to their work doesn’t really provide better customer care but rather team work has proved to be the most essential due to joint effort, three women who are currently pursuing their diploma in leadership skills and hotel management at Akilah Institute for Women are quick to explain how perfect communication facilitates unity.

    Anita Umutoni who now has a permanent job as a receptionist at the Manor hotel, explains that her occupation involves a lot of communication to ensure that clients get answers to their questions and demands.

    The Manor’s receptionist noted that many are times she receives calls from clients who need various services in the hotel which means she has to collaborate well with the hotel’s departments to know for instance available meals or events.

    Her friend Noella Abijuru who once worked as a waitress in the same hotel, noted that her post helped her realize that a meal or a drink would never reach the customer in time if there was lack of joint effort. “I mean those who serve the client should communicate well to the bar man or chef on what is needed if not so the client will either complain or leave, which is a shame and loss to the hotel,” the former waitress warns.

    “Indeed we learn communication as a special lesson at the institution,” responds Florence Mukundwa who works as a chef at an Indian restaurant situated in the same hotel, her argument is that some servers give wrong orders to her especially meals which are not on the menu but lucky enough she can distinguish some of the special orders since she’s used to international cuisine.

    She further added that even accountants should be aware of what’s going on in the hotel.”I remember there was a time we ran out of chicken and the accountant didn’t have money to buy more, so what happened a colleague sacrificed her money to buy what was required in order to keep the clients around, you see this was so unprofessional because the chefs didn’t communicate earlier that they’d ran out of chicken meat in their stock,” Mukundwa.

    Professionalism is also important especially for waiters and waitress. Health and nutrition for instance is a very important knowledge for servers since it helps them communicate to the chef on the kind of food their clients want since there people who are allergic to some food spice like vinegar or cheese. “Of course a chef who has a detailed demand would prepare a meal which is friendly to their client’s health,” the chef remarked.

  • RSE market highlights as of 14 June

    The Rwanda Stock Exchange was very active and the BRALIRWA shares are now trading ex-dividend. A total turnover Rwf 295,783,000 was recorded from 1,260,100 BRALIRWA shares traded between Rwf 220 and Rwf 235 in 15 deals.

    BRALIRWA share price closed the day unchanged from yesterday’s closing price of Rwf 235.

    The KCB and NMG counters did not record any transaction today and their share prices remained unchanged from yesterday’s closing prices of Rwf 175 and Rwf 1200 respectively.

    At the end of business, there was an outstanding bid of 100,000 BRALIRWA shares at Rwf 220 each and an outstanding offer of 7,300 BRALIRWA shares at Rwf 260 each. There was also an outstanding offer of 100 KCB shares at Rwf 180 each.

  • Tripartite integration on progress


    In a bid to bolster intra regional trade through creation of a wider market,
    member states under the Common Market for East and Southern Africa
    (COMESA), the East African Community (EAC) and the Southern Africa
    Development Community (SADC) have signed a declaration to strengthen
    one market within the bloc.

    The high level summit held over the weekend in Johannesburg South Africa
    adopted a developmental approach aimed to enhance tripartite integration process through market integration, infrastructure and industrial development.

    In addition, the declaration done by heads of state and government officials under the bloc which also makes half of the AU membership, will oversee the harmonization of Tripartite Free Trade Area (FTA) negotiations aimed at forming the integrated market.

    This is expected to favor the bloc’s population which is estimated at 600 million people and a total Gross domestic product of about USD 1 Trillion.

    Under the theme deepening COMESA-EAC-SADC integration with a common vision towards a single market, the forum targets to increase investment in the region by enhancing competitiveness as well as developing cross-regional infrastructure.

    Moreover, the tripartite initiative is a crucial step to achieve the African
    vision of an economic community envisioned in the Lagos Plan of Action of 1980, the Abuja treaty of 1991 which is in line with the resolution of the African Union summit held in Banjul Gambia in 2006.

    The Rwanda delegation was led by the Right Honorable Prime Minister
    Bernard Makuza who represented the President.

  • Microfinance institutions cautioned on issuing alike financial products

    The Association of Microfinance Institutions in Rwanda (AMIR), an 84-member organization that was established in 2007 to build the capacity of the microfinance industry in Rwanda, has cautioned microfinance institutions (MFIs) in Rwanda regarding the risks of offering the same financial products to all clients.

    AMIR Executive Secretary Rita Ngarambe noted that.“MFIs must know that products that work here in town cannot work well in rural areas, they need to craft new products that will help these poor people access financial services….Because of this problem of MFIs using the same products, it is affecting them greatly especially with increasing Non Performing Loans, poor governance and operational risks”

    Despite the challenges, the Rwanda cooperative alliance is optimistic that the tremendous performance of Umurenge SACCOs need stable MFIs that are able to serve the demand already created by the SACCOs.

    “We have achieved a lot in cooperatives and what we need now is strong financial institutions that are able to provide banking services,” Audace Bimenyimana, of Rwanda Cooperative Agency said.

    Reacting on the matter, Ngarambe assured that AMIR has embarked on training MFIs on financial reporting, accountability and customer service in an effort to assist them in tackling the challenges they are facing, especially those in rural markets.

  • Kenya disagrees with EAC axle road limits

    Kenya has broken ranks with its East Africa Community counterparts over plans to adopt harmonised gross vehicle weight limits by August.
    Officials at the EAC Secretariat said Uganda, Rwanda, Tanzania and Burundi have agreed on 56 tonnes axle load (weight per tyre).

    In October 2008, President Mwai Kibaki issued a directive reducing the number of axles allowed on Kenyan roads from four to three, lowering the limit of the gross weight of a truck to 48 tonnes. Now Kenya says it can only go up to 52.

    Burundi and Rwanda both have an axle load limits of 53 tonnes while Uganda and Tanzania have theirs at 56 tonnes. The variance could frustrate efforts towards integration.

    Article 90 of the EAC Treaty provides for the adoption of common axle-load to facilitate transit transport in the region, which is a key pillar of integration.

    Uganda, Rwanda and Burundi have harmonised their axle-load limits in line with those of Comesa, while Tanzania has harmonised its axle-load limits in line with the Southern Africa Development Community countries.

    According to PADECO, an international development consulting company that recently conducted a study on transport infrastructure in the region, the EAC will save about $7 million per year if axle load is controlled. Also, that transit time for vehicles carrying goods from one partner state to the other will reduce by an hour.

    EAC’s director of productive Services and Infrastructure Alfred Kisoro, said consultations on the implementation of a harmonised weight and axle limit are in top gear. “The lack of a harmonised axle load is among major factors impeding efficient transport in the region as vehicles on transit are delayed for several hours at weighbridges,” said Mr Kisoro.

    In most East and Southern Africa countries, enforcement is hampered by the lack of harmonised rules on axle load limits and vehicle specifications. Also to blame for poor enforcement of the rules and regulations is the fact that most implementing authorities are ill-equipped for their work. On the other hand, corruption among public officials manning weighbridges has led to a lack of faith in the systems used in different countries.

    Reports indicate that cross-border transport is three to five times more expensive in Africa than it is in Asia and Latin America. For example, truck transport from Mombasa to Kampala over a distance of about 1,100 km takes five days, of which 19 hours are spent crossing borders and at weighbridges.

    EAC Secretary General Richard Sezibera described the efforts to harmonise vehicle weight limits as critical if EAC partner states are to improve transport infrastructure in the region. This, he said would spur efficiency and lower the cost of doing business.

    “If we can ensure efficiency in the transport sector, we shall be able to reduce the cost of doing business by over 50 per cent which will boost the competitiveness of the East African Common Market,” said Dr Sezibera.

  • RSE market highlights as of 9 June 2011

    Today, the RSE continued to go up both in volume and price. The BRALIRWA share traded at Rwf 240 and Rwf 253 and closed the day at Rwf 253; an increase of 8% from yesterday’s closing price.

    Moreover, a total turnover of Rwf 513,853,000 was recorded from 2,141,000 BRALIRWA shares transacted in 3 deals. The BRALIRWA shares are trading cum dividend up to Monday 13th June 2011.

    The KCB and NMG counters did not record transaction and their share prices remained unchanged from yesterday’s closing prices of Rwf 175 and Rwf 1200 respectively.

    At the end of normal business hours, there were offers of 2,500,000 BRALIRWA shares at Rwf 241 and 1,999,000 BRALIRWA shares at Rwf 253 each and no supply. There was also a supply of 2,000 KCB shares at Rwf 180 each and no
    offer.