Rwandan exporters eye West African market

In a bid to enhance Rwanda’s exports, the government of Rwanda set a target of increasing the annual exports by 17 percent and this will require different initiatives to support and ensure enhancement of exports and access to foreign markets. By James Karuhanga Local producers are turning to the West African market in a new strategy that could enhance and increase the country’s exports, Sunday Times has learned. In this new export promotion strategy spearheaded by the Private Sector Federation, the first consignment landed in Congo-Brazzaville last Monday with more cargo expected in the West African country this week. “The […]

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Rwandan Traders Blame Slow Pace On ‘Corrupt Neighbors

By Williams Buningwire March 01, 2019 Participants during the Survey offical launch. Rwandan Private Sector Federation (PSF) has stated that Non-Tariff Barriers (NTB) posed by some East African Community country members continue to hinder the competitiveness of cross-border trade. The major NTB barriers cited by PSF includes; slowness of clearance at the customs of Mombasa and Dar es-Salam, Kenya and Tanzania ports respectively. The EAC Non-Tariff Barriers challenges were raised in Kigali as PSF was presenting the business and investment climate survey. The survey indicated that it takes an average of 7.9 days to transport containers from Mombasa and Dar […]

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Survey: Unpredictable taxes biggest constraint to businesses

PSF Top leaders with other invited guests attending the event . A new report commissioned by the Private Sector Federation (PSF) has cited high taxes, particularly stemming from multiple taxations, as the major constraints to doing business in Rwanda. The fourth Business and Investment Climate Survey 2019-2021 report indicates that more than three-fourths of the respondents appealed for a review of the current tax regime in order to make locally produced goods more competitive. While releasing the report for stakeholders yesterday, Stephen Ruzibiza, the Chief Executive Officer of PSF, said that it will help the umbrella organization of private sector […]

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Survey: Unpredictable taxes biggest constraint to businesses

Businesses also highlighted the burden of additional cleaning fee similar to the security fees. They complained about flat fee for cleaning regardless of scale of business. PSF Delagates with participants attending the official launch. A new report commissioned by the Private Sector Federation (PSF) has cited high taxes, particularly stemming from multiple taxation, as the major constraints to doing business in Rwanda. The fourth Business and Investment Climate Survey 2019-2021 report indicates that more than three-fourths of the respondents appealed for a review of the current tax regime in order to make locally produced goods more competitive. While releasing the […]

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