{"id":1550,"date":"2012-01-14T03:40:21","date_gmt":"2012-01-14T03:40:21","guid":{"rendered":"https:\/\/new.igihe.com\/minicom-launches-grain-cereals-corporation\/"},"modified":"2012-01-14T03:38:41","modified_gmt":"2012-01-14T03:38:41","slug":"minicom-launches-grain-cereals-corporation","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/minicom-launches-grain-cereals-corporation\/","title":{"rendered":"MINICOM Launches Grain,Cereals Corporation"},"content":{"rendered":"<figure class=\"spip-document spip-document-1210 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/cereals_grains.7105038_std.jpg\" alt=\"\" \/><\/figure>\n<p>{{The Rwanda Grain and Cereals Corporation (RGCC) a newly established and registered company launched by the Ministry of Trade and Commerce (MINICOM) aims at addressing challenges affect grain and cereals trading.}}<\/p>\n<p>RGCC will establish a structured grain and cereals trading systems to better organize the national trade, practices, and promoting approaches to trade that help farmers, suppliers, traders, processors transform their business, the ministry recommends.<\/p>\n<p>Minister Fran\u00e7ois Kanimba told press that RGCC is an extremely important venture for Rwandans, for the shareholders and for the Ministry of Trade and Industry.<\/p>\n<p>\u201cWe have achieved a very important step forward. Everything is going to move smoothly,\u201d Kanimba said.<\/p>\n<p>He added,\u201cPriority is to make sure that farmers\u2019 cooperatives have money from financial Institutions so that they can start to collect cereals and grain produced countrywide.\u201d<\/p>\n<p>Kanimba stressed that RGCC will support the on-going work in the Crop Intensification Program in coordination with MINAGRI focusing on socio-economic benefits in trading and marketing of grain and cereals productivity. <\/p>\n<p>This will be done through capacity development of farmers, promotion of agri-business, and institutional improvement of the corporation to support structured trade in Rwanda.<\/p>\n<p>RGCC is a private company limited by shares, whose initial capital funds are Government of Rwanda that will invest Rwf 2,845,000,000 and will have a controlling stake of 56.9% of the company and will shade the shares as private sector expresses interest to buy the shares; Cevitaland Benamor, Algerian Investors who will invest Rwf 2,000,000,000 worth 40% of the company\u2019s stake.<\/p>\n<p>Finally the local private investors will invest Rwf 155,000,000 worth 3.1% of the company\u2019s stake.<\/p>\n<p>Competitive advantages to be developed for RGCC include online and interactive regional agricultural market information systems and Geographical Information Systems.<\/p>\n<p>It is expected that the RGCC will be operational by February 2012. In the meantime it`s board members plan to meet in few days to approve the six months action plan and budget.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>{{The Rwanda Grain and Cereals Corporation (RGCC) a newly established and registered company launched by the Ministry of Trade and Commerce (MINICOM) aims at addressing challenges affect grain and cereals trading.}} RGCC will establish a structured grain and cereals trading systems to better organize the national trade, practices, and promoting approaches to trade that help [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[75],"byline":[158],"hashtag":[],"class_list":["post-1550","post","type-post","status-publish","format-standard","hentry","category-business","tag-homenews","byline-b_igi_adm1n"],"bylines":[{"id":158,"name":"b_igi_adm1n","slug":"b_igi_adm1n","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":1}],"contributors":[{"id":158,"name":"b_igi_adm1n","slug":"b_igi_adm1n","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":1}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/1550","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=1550"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/1550\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=1550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=1550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=1550"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=1550"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=1550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}