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Kenya and Tanzania worst NTBs offenders- EABC Report June 10, 2010

Posted by Business Daily in Uncategorized.
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By Our Business Reporter

Just ahead of the enforcement July 1, 2010 date of the EAC Common Market protocol, a report just out (May 28) by the EABC shows that Kenya and Tanzania are the EAC members with the worst record of Non Tariff Barriers (NTBs) in the region.

Mr. Faustin Mbundu, Chairman of East African Business Council EABC said in Arusha June 2, Non-tariff barriers remain the biggest obstacles to free movement of goods in the region.” (more…)

Kayumba Nyamwasa is no Messiah June 4, 2010

Posted by Business Daily in Politics.
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The bickering and posturing by runaway soldiers Lt. Gen. Kayumba Nyamwasa and Colonel Karegeya is  noise to the ears of hard working Rwandese who cannot afford the time and  luxury  of expensive  life of exile in Africa’s first world country ; South Africa.

Although Kayumba Nyamwasa has said many things on BBC and Monitor newspaper, that are believable including the shoddy and underhand way the RPF Secretariat is run by the likes of RPF Secretary Ngarambe Francois , by saying what he does in the safety of  Zuma’s country – himself no stranger to controversy- Kayumba’s behaviour is beneath his rank.

Besides, if Kayumba Nyamwasa a General cannot stand up to his Commander-in- Chief (General Kagame) whom he claims is a down- and- out dictator, what does he want us lesser mortals to do?  Carry out a civilian coup d’état akin to that of Madagascar last year perhaps? But even that had its Ranjoline in situ. (more…)

Rwanda Budget 2010/11: Bumpy road ahead May 30, 2010

Posted by Business Daily in Economy.
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John Rwangombwa: Finance and Economic Planning Minister

It is a bumpy road ahead for the Rwandan economy, if the Budget Framework Paper is a strong signal of what lies ahead. The budget deficit is a yawning Rwf135.7billion, about 14% of GDP meaning that we have to pull ourselves up by our own bootstraps in a world that is increasingly wary  of lending  and bail outs. (more…)

S.Africa based luxury jets owned by RPF- Nshuti May 28, 2010

Posted by Business Daily in Uncategorized.
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Luxurious Bombardier jet

By Marcel Museminari

Rwandan President Paul Kagame’s political party RPF and not the government of Rwanda owns mystery South Africa based luxury jets reported in the South African newspaper  Sunday Times of  Feb 14, 2010, Business Daily can now reveal.

Rwandan President Paul Kagame’s political party RPF and not the government of Rwanda owns mystery South Africa based luxury jets reported in the South African newspaper  Sunday Times of  Feb 14, 2010, Business Daily can now reveal.

At the time the  South African newspaper had reported that  ‘Nyirubutama ( first secretary Rwandan Embassy South Africa) said he was appointed as one of the directors of Repli Investments to allow the government to have a say in the operations of the aircraft “for security reasons”.

He said his government had decided to base the jets in South Africa because his country did not have the “skills, expertise or knowledge” to maintain them. Both were available for charter when not needed by the Rwandan government.’

One of the directors named in the plane saga, presidential advisor Manasseh Nshuti recently told Business Daily that the planes belonged to RPF’s trading arm Tri-Star recently renamed Crystal Ventures. (more…)

PSD 4th Congress Kigali Rwanda May 22, 2010: Excerpts May 27, 2010

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Historical perspective

PSD made its debut at a time when many Rwandese did not understand that a party could exist without an ideology rather than race, locality or parentage. This is the reason the founders decided on a party that works for the welfare of citizens, the Social Democratic Party Parti Sociale Democrate (PSD). PSD   has played a great role to strive for democracy since its inception.

The party motto is Justice, Cooperation and Progress. During the tough time in our history, PSD demonstrated it is a party for all Rwandese.

Since 1991 to 1994 PSD worked with other parties that wanted a change of the status quo; that the leadership of MNRD be removed; that refugees return; RPF share power with existing parties in the country and that a provisional government of national unity based of the rule of law and democracy be established. (more…)

‘Survivors’ who did not survive May 26, 2010

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Ibuka’s tale of murders most foul (more…)

Would you vote kagame or Ntawukuriryayo for President? May 25, 2010

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We are in the race to win, not cede power – Ntawukuriryayo May 23, 2010

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Nyabugogo traders beat local defense into coma May 21, 2010

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No Action in assaulted Journalists’ case May 20, 2010

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