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KIGALI, Rwanda, January 12, 2011/African Press Organization (APO)On December 20, 2010, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Rwanda.1BackgroundRwanda’s economy is showing clear signs of recovery from the external and domestic shocks of the past two years, while inflation has remained low.After slowing to 4.1 percent in 2009 from

KIGALI, Rwanda, December 21, 2010/African Press Organization (APO)The Executive Board of the International Monetary Fund (IMF) today completed the first review under the three-year Policy Support Instrument (PSI) for Rwanda. The Executive Board also approved modifications of assessment criteria under the PSI.The PSI for Rwanda was approved on June 16, 2010 (see Press Release No. 10/247) and is

By John A. AkecOctober 31, 2010 — Several months ago, a friend kindly forwarded me an article by Sarah Boseley describing how Rwanda continues to thrive as a prosperous and a leading ’model’ African nation, barely sixteen years after the genocide (Rwanda: Kagame stands firm. Rights? Yes, but put food on the table first, guardian.co.uk, May 28, 2010). More often than not, prosperity is seen as a

(Source: East African Business Week, via Balancing Act's News Update e-letter) The Rwanda government says it will have a complete national fibre network across the country by December. The government is building the national fibre optic cable of 2,300 kilometres across the country. The cable will connect over 230 institutions in all 30 Districts and all the 9 Rwandan borders with the main

(source: New Times, via Balancing Act's News Update e-letter)Tigo Rwanda, a Subsidiary of the Luxembourg based Millicom International Cellular S.A says it has 12 percent of market share within seven months of their launch into the Rwandan market. Tigo entered the Rwandan market last year after its parent company, Millicom, purchased the country's third mobile network license for US$ 60 million."

Geoffrey Irungu [Business Daily], 15 July 2010African countries are keen on setting up a central bank to issue a single currency and harmonise monetary policies geared towards cutting costs of intra-continental trade and related transactions.A single currency, for example, would reduce costs associated with foreign exchange fluctuations and eliminate commissions paid to forex dealers.The central

Ban Ki-moon demands full investigation amid claims of crackdown before next month's pollby Peter Beaumont | The Observer, Sunday 18 July 2010 The United Nations has demanded a full investigation into allegations of politically motivated killings of opposition figures in Rwanda in the run-up to the country's election next month.The UN secretary-general, Ban Ki-moon demanded the inquiry in a

July 4, 2010 - Source: WORLD NEWS JOURNALBetween February and April, 198 I met the late Seth Sendashonga on two occasions both, in Nairobi, Kenya. On my first visit, we met at the Regency Hotel. I have a vivid memory of that occasion. I remember the Hotel had a pellish pink paint –at least the terrace where we sat. Seth was wearing a golden suite, red necktie white shirt and black shoes, and he

PARIS, France, 5 juillet 2010/African Press Organization (APO)Résolution 1932 adoptée par le Conseil de sécurité des Nations uniesLe Conseil de sécurité,Prenant note de la lettre que le Secrétaire général a adressée à son président en date du 2 juin 2010 (S/2010/289) à laquelle était jointe une lettre du président du Tribunal pour le Rwanda (“le Tribunal”) datée du 25 mai 2010,Rappelant ses