VUP improves livelihoods

Residents in Nyabihu district commended Umurenge Vision program (VUP), a local development Program to Accelerate Poverty Eradication, Rural Growth, and Social Protection over improving their livelihoods.

Jean Marie Vianney Karigirwa easily pay for his children’s education because of VUP

Jean Marie Vianney Karigirwa easily pay for his children’s education because of VUP

Beneficiaries of Direct support and Public works as components of VUP, reveal that they were able to fight abject poverty and now they can take care of their families.

One Public works beneficiary, Jean Marie Vianney Karigirwa confirms that he pays school fees in addition to taking care of his seven children because VUP employed him.

The VUP programme has three main components; direct support, Public works offered to the poorest household seasonally and Microcredits that are given to the poorest to start up small businesses.

“VUP enabled us to earn income. We could be paid after 15 days and use the money to cater for our family needs,” says Karigirwa

Thomas Gasana, executive secretary of Rambura sector says VUP improved livelihoods

Thomas Gasana, executive secretary of Rambura sector says VUP improved livelihoods

Another beneficiary, Marie Chantal Ikimanizanye adds that apart from providing for their families, VUP enabled residents to buy livestock for sustainable development.

Thomas Gasana, executive secretary of Rambura sector confirms that 235 direct support beneficiaries bought six pigs for sustainable development.

“Beneficiaries started saving little by little on their bank account. They invested in pig farming with the hope of social economic development,” says Gasana

Albert Kamali, Acting executive secretary of Bigogwe sector says: “Beneficiaries have saved Rwf15million.We are trying to help them buy a farm and rear cattle for sustainable development.”

Vision 2020 Umurenge Programme (VUP) is an Integrated Local Development Program to Accelerate Poverty Eradication, Rural Growth, and Social Protection. This is an initiative by the Government of Rwanda (GoR) in collaboration with development partners and NGOs. It is led by the Ministry of Local Government, Good Governance, Community Development and Social Affairs (MINALOC) and supported by the Ministry of Finance and Economic Planning (MINECOFIN).

The Vision 2020 Umurenge Program (VUP) uses the existing decentralization system and leverages technical and financial assistance to accelerate the rate of poverty reduction in Rwanda. The aim is to eradicate extreme poverty by 2020.

Kayonza: Abafatanyabikorwa batumye imihigo yihuta

Umuyobozi w’Akarere ka Kayonza Murenzi Jean Claude aravuga ko ubufatanye bw’akarere n’abafatanyabikorwa bwatumye ishyirwa mu bikorwa ry’imihigo ryihuta.

Imurikabikorwa ry'iminsi ibiri mu karere ka Kayonza ryatangijwe kuri uyu wa kaneImurikabikorwa ry'iminsi ibiri mu karere ka Kayonza ryatangijwe kuri uyu wa kane

Imurikabikorwa ry’iminsi ibiri mu karere ka Kayonza ryatangijwe kuri uyu wa kane

Yabivuze tariki 23/06/2016 nyuma yo gutangiza imurikabikorwa ry’iminsi ibiri rihuriyemo abafatanyabikorwa mu iterambere ry’ako karere.

Abafatanyabikorwa bagiye bakora ibikorwa bitandukanye bemeza ko bagezeho babikesha ubufatanye n’imikoranire myiza hagati ya bo n’ubuyobozi bw’akarere.

Mukamuyenzi Valentine uyobora ikigo cyitwa SACCA kivana abana b’inzererezi ku muhanda kikabasubiza mu miryango avuga ko kuva mu mwaka wa 2003 kimaze gusubiza mu miryango abana basaga 3600, kandi ngo byagezweho kubera imikoranire myiza bagirana n’ubuyobozi.

Ati“Iyo tuvanye umwana mu muhanda turamutegura tukamusubiza mu muryango kandi tugakomeza kumukurikirana. Iyo dusanze umuryango ufite ikibazo na wo turawufasha bitewe n’ikibazo ufite kugira ngo ushobore kubana na wa mwana ntasubire mu muhanda”

Kuvana abana mu mihanda no kubasubiza mu miryango ni umuhigo uri ku rwego rw’igihugu.

Umuyobozi w’akarere ka Kayonza avuga ko ikigo cya SACCA n’abandi bafatanyabikorwa muri rusange batumye ishyirwa mu bikorwa ry’imihigo muri ako karere ryihuta.

Ibyo ngo biterwa ahanini n’uko ubuyobozi bw’akarere n’abafatanyabikorwa bategurira imihigo hamwe, kandi bagakorana bya hafi kugira ngo uwagize ingorane mu muhigo we afashwe kuwugeraho

Agira ati “Kubera ko imihigo tuyitegurira hamwe tukanafatanya kuyikurikirana, ubona bigenda neza ku buryo n’uwagize aho akererwa tugiye kurangiza umwaka tugaragaza ko afite ubukererwe tugafatanya kugira ngo umuhigo we abe yawugeraho”

Umuyobozi w’akarere ka Kayonza avuga ko imihigo hafi ya yose bayigezeho ku gipimo cya 100%, imihigo itaragenze neza ikaba ahanini ishingiye ku buhinzi kubera izuba ryangije imyaka y’abaturage.

N’ubwo abafatanyabikorwa b’akarere ka Kayonza bagize uruhare mu kwihutisha imihigo, mu Burasirazuba hari utundi turere turimo n’aka Rwamagana aho byagaragaye ko bamwe mu bafatanyabikorwa batakoze ibyo bari biyemeje bigatuma imihigo imwe idindira.

Senateri Mike Rugema witabiriye iryo murikabikorwa yasabye abafatanyabikorwa b’akarere ka Kayonza gukomeza ubwo bufatanye bafitanye n’akarere kugira ngo barusheho kugera kuri byinshi.

Foreign Owned Investments in Rwanda Increase by 78%

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Workers at C&H Garments Ltd Rwanda

Foreign Direct Investments (FDI) to Rwanda have increase by 78.1 per cent according to the latest Foreign Private Capital Census (FPC) 2015 report released by the central bank.

According to the report, investments by foreign investors increased to US$ 458.7 million in 2014 from US$ 257.6 million recorded during 2013.

“It is due to high confidence of foreign investors in Rwanda and the country’s attractiveness to  foreign investment,” the report reads in part.

Mauritius investments in Rwanda are leading with $ 113.5 million followed by Switzerland $ 106.2 million.

The United States of America and Luxembourg come on third and fourth positions with $ 70 million and $ 52.6 million worth of investment respectively.

In East Africa, Kenya comes on 7th position with $ 28.3 million inflows.

Top ten sectors of activity accounted for 96 percent of all FDI inflows in 2014. $ 136.2 million came from mining while ICT sector investment amounted to USD 116.1 million.

Tourism sector investment was $ 71.8 million while finance and insurance sector registered $ 68.8 million.

ICT investments reached USD 453.4 million. Some investments that could have led to this would be the Olleh Rwanda Network (oRn), a Korean venture which is providing 4G internet to Rwanda.

With a current population coverage upto 30%, oRn targets to cover the entire country in 2017.

Finance and insurance sector registered $ 229.6 million investment while manufacturing accounted for $172 million.

Flagship investments that were registered in 2014 include C&H garment in textile industry, Advanced Factory Units (AFUs) in call center manufacturing.

Bella Flowers has excelled in production and export of cut flowers, while Positivo has gained ground in computer manufacturing.

According to the report, for the last seven years (2009-2014), a total of 338 investments projects fully owned by foreign investors or in joint ventures with local investment have been registered with pledged investment value of $ 2,607 million and planning to create 55,141 jobs.

In 338 pledged projects, 211 are operational, 69 are in implementation phase, and 32 have closed, while 36 remain committed to start their activities.

The performance is attributed to several reforms in doing business including; a tax holiday of up to seven years, government’s protection of investments, settlement of disputes, transfer of funds and special economic zone facilitations.

Country ranking in doing business and investment by credible global institutions also is believed to have indicated that Rwanda is one of the best areas to do business.

According to World Bank doing business, 2015-2016 Rwanda improved its world ranking to 46nd position in the world, up from 48th the previous year. In Africa, Rwanda retained 3rd position and number one in the East African Community.

Rwanda ranks among the top 10 in: starting a business, government spending, foreign Direct Investment rules and procurement of advanced technology.

The country is also among countries with least burden of government regulations and least cost of crime and violence.

In 2014, the overall net profit of foreign companies that registered in Rwanda amounted to US$ 46.5 million dropping from US$ 73.6 million this year.

Out of the profit of US$ 46.5 million recorded in 2014, reinvested earnings were US$ 23million, decreasing from US$ 44.2 million registered in 2013.

The profit decreased in 2014 compared to 2013 is explained by the newly registered companies in 2014, many start-ups in recent years and low profitability for existing companies.

The major profitable sectors were finance and insurance specifically in banking sector, manufacturing and agriculture.

The census collects information required for compilation of the country’s balance of payments, international investment position statements and determines the magnitude and trends of foreign private capital in Rwanda.

Source: KTPress 

Rusizi: Amafaranga agiye kubashiraho kubera Ikiryabarezi

Bamwe mu baturage bo mu Karere ka Rusizi baravuga ko amafaranga agiye kubashiraho kubera tombola yadutse muri Kamembe bita ikiryabarezi.

Ibyo ni bimwe mu bicuruzwa bitomborwa

Ibyo ni bimwe mu bicuruzwa bitomborwa

Iyi tombora ikorwa hifafishijwe akantu gakoze muruziga aho abayikoresha bazana ibicuruzwa by’amoko menshi bakabirunda ahantu hamwe hanyuma bagashyira umugozi hagati utandukanya abatombora n’ibitomborwa kuburyo hagaragaramo intera.

Ugiye gutombora atanga amafaranga 100 akajya  inyuma y’umugozi akanaga akaziga bakoresha muri bya bicuruzwa iyo kaguye mu gikoresho runaka ahita akijyana iyo ahushije kakagwa ku ruhande amafaranga barayajyana.

Abamaze kuhaburira atari amake bavuga ko ntabyiza babonera muri iyo tombora kuko ngo amafaranga yenda kubashiraho ni mugihe abandi bo basobanura ko abatombora baba bayahaze kuko abenshi bahagera bafite amafaranga bagataha bari kwimyiza imoso.

Murekatete Aisha avuga ko iyo tombora arimbi kuko abana babiba amafaranga bakajya kuyaroha yo cyakora ngo hari nabajyanwayo n’ubujiji kuko bava gukorera amafaranga bakayajyana muri tombora bakavayo ashize ngo hari n’umukobwa wazanye ibihumbi 7000 ahava birangiye.

ati” Mbona iyi tombora arimbi abana biba ababyeyi amafaranga bakayashaka bakayabura bayajyanye muri tombora hari nabajyanwayo n’ubujiji hari umukobwa waje tumureba abaza uko babikina yahavuye akinnye ibihumbi 7000, hari abagifite ubujiji bahahombere.”

Ngendahimana Fidel  we avuga ko atatombora kubera ko ngo babona amafaranga yahashirira ni kimwe n’abagenzi be bavuga ko ayo bamaze kuhabirira ariyo menshi kuruta ayo batomboye.

Umunyamabanganshingwabikorwa w’umurenge wa Kamembe Ntivuguruzwa  Gervais avuga ko iyo tombora yemewe gusa ngo bagiye kubuza abayikoresha gukinisha abana kuko ngo nibongera kubona umwana uyikina atujuje imyaka 18 bazayifunga.

Yagize ati” uriya mukino wo uremewe bafite ibyangombwa bya Leta ahubwo icyo tugiye gukora nukubandikira tukababwira ko batagomba gukoresha umuntu uri munsi y’imyaka 18 turabaha amabwiriza umunsi tuzasanga bakinisha umwana uri munsi y’imyaka 18 bafungirwa.”

 

Rwanda’s Minister Apologizes For Poorly Organised Agriculture Event

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Rwanda’s Minister of Agriculture and Animal Resources Dr. Geraldine Mukeshimana has apologised for poorly managing a major continental event hosted in Kigali.

On Monday, about 1000 agriculture experts from across Africa arrived in Kigali for the 7th Africa Agriculture  Science Week and general assembly for Forum for Agriculture research in Africa under the theme “Apply Science, Impact Livelihoods.”

However, delegates have not been impressed by how they were handled upon arrival and poor service in hotels they were hosted. This is contrary to Rwanda’s handling of previous events.

Dr. Mukeshimana on Wednesday evening arrived at Camp Kigali conference centre in traditional dress (mushanana) to join the delegates for dinner. As delegates were served at their tables, the emcee invited the minister to speak.

She majestically walked forward and was handed a microphone. She turned to face the delegates who had suddenly gone silent patiently waiting to hear from the minister.

Looking composed but seemingly anxious  the minister said “If anything happened that was not good, I apologize, that is not Rwanda a country that welcomes guests.”

She said that on behalf of the government she takes the responsibility of the messes that happened  and extends the apology, “I really take the whole responsibility and ownership and apologize.”

The delegates cheered and clapped their hands after the minister’s surprising apology.

Several delegates that talked to KT Press complained that since they arrived there was inadequate food, refreshments like water during the meetings. They also said meeting halls were poorly and inadequately arranged.

Every delegate had paid U$ 50 dollars as participation fee for the Assembly.

Some delegates say they missed food and breakfast as one was required queue up (cafeteria)  for about an hour to be served while in some instances food and tea were  inadequate.

“To get food you had to be physically fit,” a delegate from Ghana who requested anonymity said, ” it required a lot of energy to endure the line. The problem was that they had one table where all of us had to serve food from,” she added.

The mess  began with registration process on Monday where  delegates who did not get  accreditation on time, attended the opening ceremony by Prime Minister Anastase Murekezi without  badges.

In further confusion, participants could not locate some of the meetings that they were supposed to attend. From the second day, the assembly run under sideline meetings in different halls at the conference centre.

The mess at the Agriculture  Science week coincides with President Paul Kagame’s criticism against another poorly organised world Economic Forum-WEF in May which he said delegates also complained they were not given enough food.

In attempt to explain why this whole mess swallowed up an important conference, the minister said the confusion started when the forum’s organizing committee decided to take up all responsibilities for conference arrangements, registration, protocol services, catering and met challenges as they were not used to the environment.

“They didn’t want us to get involved so much maybe they thought we could boss them, but when we started realising problems we intervened as a ministry,” she added.

However, a member of the forum’s communication team who preferred not to be mentioned said that the ministry staff were not cooperative and were not able to execute responsibilities given to them.

“For example, we were supposed to work with them on handling media, get logistics required to engage with delegates and  helping in arranging  the  sideline meetings, it was not done,” she told KT press.

The June 13 -16th week was organized by the forum for Agriculture research in Africa –FARA secretariat in Ghana hosted by government of Rwanda through the ministry of Agriculture and Animal resources and discussed strategies on how to apply science, technology and innovation in agriculture.

Source: KTPress 

Retailers Accuse Wholesalers of Tax Evasion

Fidele Mupagasi, a retailer in Muhanga district explains how taxes are evaded

Fidele Mupagasi, a retailer in Muhanga district explains how taxes are evaded

A misunderstanding between traders in Muhanga district, southern province may point to dubious ways of tax evasion.

Last week, hundreds of retailers in Muhanga district volunteered to Rwanda revenue Authority (RRA)  and revealed information on how traders evade taxes.

The traders were in a consultative meeting with Richard Tusabe the Commissioner General of Rwanda Revenue Authority.

They said, the wholesale traders bring forged invoices while shipping goods from Dubai and other foreign markets, which affects tax collections back home.

“It all starts with wholesalers in Kigali; we purchase goods from them and they give us invoices that do not fit what we have paid,” complained Fidele Mupagasi, a retailer from Muhanga district.

“When you try to ask, they say; either you take it or leave our goods. Most of the time you are forced to take it to save your time,” he said.

According to Mupagasi such invoices do not include the real value of the purchased goods; “Traders do it intentionally to give an impression that they have a small turnover.”

The Commissioner General said, “Tax defaulting starts at the customs with big dealers and this affects their transactions with semi retailers as well. We are going to increase vigilance on the importers’ transactions.”

Jean Bosco Kashugera, the owner of City Valley, a hotel in Nyabugogo said, “I can’t evade taxes myself; I would even report anyone if I learnt of their intentions.”

A Kigali based wholesaler who had preferred anonymity told KT Press said there is nowhere this defaulting can take place in front of custom officers. “If semi retailers and retailers are caught red-handed, they should assume their responsibility instead of blaming it on us.”

When Tusabe announced the taxes collected in the second half of 2015, he said there was a new trend of experts on tax evasion. “There are some accountants who seek the honest tax payers and show them a formula on how they can evade taxes.”

The tax body RRA, collected Rwf 470.6 billion against the targeted Rwf 460.3 billion in the second half of 2015. This includes Rwf 455 billion of tax revenues and Rwf 7.1 billion in non-tax revenues.

Between May and August 2015 alone, over Rwf380million was recovered by the Rwanda National Police Revenue Protection Unit.

RRA indicates that paying tax is yet to become a culture which results into defaulting. Traders include taxes among losses, even in the case of Value Added Taxes (VAT), which is paid by the last consumer.

Richard Tusabe the Commissioner General of Rwanda Revenue Authority

Richard Tusabe the Commissioner General of Rwanda Revenue Authority

SOURCE: KT-PRESS

Agribusiness Can Transform Africa’s Farming

Exhibitor explains about his products

Exhibitor explains about his products

Agriculture experts suggest that Africa needs to urgently invest in value chain to stimulate its rural farmers to engage in agribusiness.

Researchers in Agribusiness gathered at the ongoing Africa Agriculture Science Week at Camp Kigali said farmers need to be financed and trained on enticing agriculture investment.

“Access to finance remain limited. But we can come up with innovative financing models, de-risking agribusiness, business modeling that cuts across the value,” said Mary Thiong’o from Africa Agribusiness incubators network.

Africa’s population is drastically increasing; with youths (364 million of the population between 15-35 years) are at centre stage, and urgent investment in value chain is needed to help farmers engage into agribusiness.

Rwanda is improving its agriculture system by establishing crop intensification program, while investing in innovations and technology among its farmers.

Josephat Mugabo a scientist from Rwanda Agriculture board told KT Press that Rwanda’s Private Sector Federation and World Bank are doing a great job in linking farmers to the market, but “more linking models are needed-given the size of the farmer’s produce is based on.”

Last year alone, Rwanda Development Bank through collaboration with Rwanda Agriculture Board, set aside Rwf10 billion ($1.276 million) to facilitate local farmers become agribusiness champions.

Meanwhile, One Acre Fund- a non-profit organization has provided Rwandan farmers with a package of goods and services on credit, including financing for farm inputs, distribution of seed and fertilizer.

Rwandan smallholder farmers especially in Western province last year were funded with at least $80 each as a loan to finance the production season.

This resulted into an average gain of 53% of their total income, mainly in 12 access to modern maize hybrids and fertilisers, appropriate for local soil needs, among others.

At the ‘Investing in Agribusiness’ session, agriculture experts advised that Africa should produce more staple crops for exports, and more emphasis should be put in beans production.

Rwanda is a key consumer of beans globally. According to U.S Global Hunger and Food Security Initiative’s research, Rwanda has highest per capita consumption of beans in the world.

With agriculture being the backbone of the economy, and beans leading staple grain legume accounted for 25% of crop land use, the country seeks investments to boost 700,000 tons of beans produced annually on 350,000 hectares.

Rwanda has invested heavily in climbing beans-proved to be producing three times more food on the same area of land than bush beans.

In the last decade, the country has been transformed from a net importer to an exporter – with exports valued at $12- 20 million and increased yields from 0.7 to 1.1 tons per hectare, according to Rwanda Agriculture Board.

Rwanda’s Agriculture sector contributes about 35% of the country’s GDP, and its projected growth is expected to be 8.5% per year by 2018.

Africa Wants to Stop Importing Food

Rwanda is hosting the 7th Africa Agriculture Science week

Rwanda is hosting the 7th Africa Agriculture Science week

Agriculture experts are gathered in Kigali, Rwanda to discuss ways how Africa can transform its agriculture into a technology-based sector.

Dr. Akinwumi Adesina, the President of  African Development Bank says his financial institution will invest $24 billion in Agriculture on the continent in the next 10 years.

“The continent holds huge arable land that cannot only produce food for itself but the bigger part of the world,” Dr. Adesina said.

However, Africa spends more than $35 billion every year on imported food stuffs. This trade deficit is a big problem that needs quick fixing.

“It’s high time that Africa feeds Africa,” Adesina told participants at Camp Kigali village at the ongoing Africa Agriculture Science Week and Forum for Agricultural Research in Africa ‘s general assembly.

While officially launching the Agriculture science week, Rwanda’s Prime Minister Anastase Murekezi told experts that his country is at the center stage in innovating agriculture technology.

He said Rwanda has been leading in collaboration with other African countries in pushing the sector to the next level.

“This sector is a crucial cornerstone for Africa’s transformation.  Rwanda is among first African Countries to sign the Comprehensive Africa Agriculture Development Programme (CAADP).”

The Comprehensive Africa Agriculture Development Program (CAADP) is Africa’s policy framework for agricultural transformation, wealth creation, food security and nutrition, economic growth and prosperity for all.

Michael Ryan, head of EU mission in Rwanda said the organization has set aside $9 billion to lift 7 million children out of malnutrition on the continent by 2025  responding to United Nations’ Sustainable Development Goals.

Rwanda has drastically reduced the population that is malnourished, Adesina said.

Meanwhile, Beans and potatoes are some of the crops with high yielding varieties obtained as a result of efforts in Rwanda’s agriculture research.

To deal with trade deficits in Agriculture, State Minister for Agriculture, Tony Nsanganira, said, “Youth and women are the groups needed in the sector as agro-processing industry is expected to grow by14%. There is need to increase incentives in the sector.”

There are more than 832 proximity business advisory services in the country to help boost production and agro processing sector, with a target of reducing poverty by over 8.5% in the next 10 years.

Rwanda’s Agriculture sector contributes 35% of the country’s economy. The country spends over $300 million every year on importation of food stuffs every year.

Agriculture experts believe that Science should be the backbone of Africa’s agriculture transformation.

According to Agriculture Ministry, the number of scientists had increased to about 60. Currently, Rwanda has about 150 scientists and new infrastructure in improving the agriculture sector.

According to Rwanda’s central bank, by end of last year, Rwanda’s main food exports to neighbouring countries especially food and beverages, vegetables, and meat had increased by 28.9% with 30.9% of their volumes.

Participants at the Agriculture science week

Participants at the Agriculture science week

Experts want technology-based agriculture in Africa

Experts want technology-based agriculture in Africa

Source: KTPress 

Abafite ubumuga bishimira ko bakomeje gufashwa kwiteza imbere

Abafite ubumuga bo mu karere ka Rutsiro batangaza ko bishimira ko bakomeje gufashwa kwiteza imbere bitandukanye na mbere.

Umuvugizi w’umuryango w’abafite ubumuga mu Rwanda (AGHR) avuga ko ku bufatanye n’umuryango Handicap International ubu bufasha buhabwa abafite ubumuga bugamije kubafasha gukora ibikorwa by’iterambere bakajya ahagaragara

Umuvugizi w’umuryango w’abafite ubumuga mu Rwanda (AGHR) avuga ko ku bufatanye n’umuryango Handicap International ubu bufasha buhabwa abafite ubumuga bugamije kubafasha gukora ibikorwa by’iterambere bakajya ahagaragara

Babitangaje ku wa 10 Kamena 2016 ubwo bahabwaga ibikoresho birimo insimburangingo ndetse n’abibumbiye mu matsinda bagahabwa amafaranga n’umushinga Handicap International ku bufatanye n’umuryango w’abafite ubumuga mu Rwanda AGHR, abafite ubumuga bakaba bavuze ko ibyo bakorerwa ari byo kwishimira kandi ko bibafasha kwiteza imbere.

Nyiranizeyimana Patricie yagize ati”Ndashima ko dukomeje kwitabwaho nka twe abafite muga ubu nishimye cyane kuko izi mbago mpawe zizamfasha kuko nari narihebye nzajya njya no mu bindi bikorwa by’iterambere kuko noneho zizajya zimfasha kugera aho abandi bagera”

Matayo Bahiganumva nawe ati”Turishimira ko dukomeje gufashwa ubu itsinda ryacu baduhaye amafaranga ibihumbi 150 twiyemeje kuyagura mo intama zo korora n’ubwo izivamo ari nke ariko nizibyara tuzorozanya kandi zizadufasha kwivana mu bukene”

Zacharie Nkundiye umuvugizi w’umuryango w’abafite ubumuga mu Rwanda (AGHR) avuga ko ku bufatanye n’umuryango Handicap International ubu bufasha buhabwa abafite ubumuga bugamije kubafasha gukora ibikorwa by’iterambere bakajya ahagaragara ndetse no kwerekana ko abafite ubumuga nabo aria bantu nk’abandi bakwiteza imbere ndetse bakanateza imbere igihugu.

Butasi Jean Herman umuyobozi w’akarere wungirije ushinzwe imibereho myiza yavuze ko bashimira abaterankunga babafasha kuzamaura baturage ba Rutsiro bafite ubumuga kandi ko nk’ubuyobozi bw’akarere basaba bagenerwabikorwa gufata neza ibiorwa bagejejweho ndetse bagaharanira gutera imbere kurushaho.

Insimbura ngingo zatanzwe n’amafaranga yatanzwe ku bibumbiye mu mashyirahamwe bifite agaciro ka miliyoni 4 z’amanyarwanda ngo bakazakomeza kubaba hafi kugira ngo bakomeze kubafasha kwiteza imbere.

 

Rwanda Unveils New Fuel Storage Depot

President Paul Kagame(center) on a guided tour at the new fuel depot

President Paul Kagame(center) on a guided tour at the new fuel depot

Rwanda is moving closer to solving challenges of fuel demand and supply in the growing local market.

President Paul Kagame has today unveiled Rwanda’s second biggest fuel depot at Rusororo sector in Gasabo District outside Kigali.

The new depot jointly owned by Societe Petroliere S.A.R.L has storage capacity of 22 million litres of which can help the country meet its petroleum needs for three months.

Rwanda has been importing its petroleum products from East African neighbours which would take several days in transit by fuel trucks.

Kagame was taken on a guided tour of the depot site. He later said Rwanda wants to ensure that Investors see benefits in the country.

“We need to identify and overcome our shortcomings to ensure investors continue to see a benefit to investing in Rwanda,” he said.

The Rusororo  petroleum depot project was built through public private partnership which Kagame says, “We have to build on this to go even further and faster.”

The depot estimated to have cost $16 million is constructed on eight hectares.

Previously Rwanda had other national reserves with capacity of 30 million litres stored at Gatsata Depots (15 million litres), Kabuye (5 million litres). These were also supplemented by smaller storage facilities at Kigali International Airport and in Rwabuye in the Southern Province.

According to Societe Petroliere , about 70% of petroleum products in these storage facilities is reserved as government’s strategic stock. About 5.6 million litres for open market.

The country has for long been looking to boost its fuel stock through partnerhsips with private oil dealers with intentions of expanding reserves up to 150 million litres essential in ensuring the country has enough fuel to supply the market and stabilise pump prices.

According to Rwanda Utilities Regulatory Agency the use of petroleum products in the country’s grows at an annual average rate of 10.1 per cent.

About  22 million litres of petroleum products can be stored at the new depot

About 22 million litres of petroleum products can be stored at the new depot

Source: KTPress 

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