Rwanda's coffee revenues will drop by 9.5 percent this year to $42m (Rwf23.7b) from $46m (Rwf26.1b) last year due to low levels of output, Ocir-café's top official said yesterday.
The Stakeholders in the development of the Small and Medium enterprises (SMEs) in Rwanda have said that the country's SMEs are positioned to compete with other regional businesses.
If Rwanda joins as expected, it will only become the second member, after Mozambique, without any direct British colonial connection or constitutional link.
Two weeks after announcing the suspension of flights to Nairobi, RwandAir has resumed operations to Kenya's capital with two daily frequencies, the airline said in a statement.
As a result of a global slump in the mineral prices due to a fall in demand on the global market, revenues from Rwanda's minerals are expected to drop by 36 percent, officials say.
The Bank of Kigali (BK) has shown resilience to the current global economic downturn by registering Rwf4.5b in net profit in nine months of 2001 compared to Rwf4.2b registered in whole of 2007.
Rwanda's mineral export volume in the 3rd quarter of 2009 registered an upward trend compared to the same period last year, but export receipts declined on account of low prices on the international market, the Ministry of Natural Resources (Minirena)
