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Fine Furnitures LTD

By Admin

Open your doors for a fresh new look :) We at FINE FURNITURE are genuinely excited for a makeover Your interior space is an important investment in your life, people, productivity and image. Together, we can make your environments that work harder for you. Our research and workspace knowledge align with product development and space utilization to help improve performance and maximize return on investment. Now you are to EXPERIENCE our UNPARALLEL Customer Service.

  • March 11th 2015 at 05:43

Govt moves to improve e-waste management

By joelle

The Ministry of Trade and Industry has unveiled initiatives that seek to improve electronic and electrical waste (e-waste) management in the country.

Under the project, a national e-waste management strategy that will support establishment of sustainable recycling industries will also be instituted.

According to Norbert Remy Duhuze, the director for environment regulation and pollution control at Rwanda Environment Management Authority (Rema), Rwanda has no proper facilities for handling e-waste, nor is there a clear policy.

β€œTherefore, the project will enable us set up proper e-waste disposal and recycling facilities for materials like old computers, batteries and mobile
phones,” he told The New Times in an interview.

E-waste is not bio-degradable and contains dangerous heavy metals like carbon-zinc, silver oxide, lithium and nickel-cadmium.

The project that started in July is funded by the Environment and Climate Change Fund (Fonerwa) to the tune of $1.3 million (about Rwf919.3 million).

E-waste materials contain hazardous components like mercury, lead which can cause skin diseases and cancer when not properly handled, Duhuze noted.

He said Rwanda has one e-waste collection centre that handles only public institutions-generated e-waste at Gikondo.

β€œWe need more facilities to ensure proper disposal of e-waste. This will also promote government's objective of a sustainable green economy,” he said.

Duhuze said the government is already seeking a consultant to develop a five-year national e-waste strategy and technical guidelines and regulations.

β€œThe project will offer an β€˜end-of life' solution for e-waste, allowing for sustainable use of Information and Communication Technology (ICT) in Rwanda. It will also help guard against negative impact of e-waste on health or the environment and strengthen the economy by creating of green jobs.”

Steven Niyonzima, the national co-ordinator at the Rwanda Resource
Efficient and Cleaner Production Centre, said environmentally-friendly e-waste collection centres and β€˜dismantling' facilities will be setup in each province by the time the project winds up in 2017.

β€œWe are planning to set up e-waste collection centres, starting with Rusizi, Huye, Bugesera and Rwamagana districts,” he pointed out.

He added that an e-waste dismantling facility will be established at the Kigali Special Economic Zone in Gasabo District by 2017. All these will create green jobs along the e-waste management value chain.

β€œSeveral workers will be needed to collect e-waste and deliver it to collection centres, while others will be involved in sorting and processing the waste at recycling companies and centres,” Niyonzima said.

According to the Ministry of Trade and Industry, laptops make up 85 per cent of the total electronic and electrical equipment in public institutions. Of the 15 per cent of the remaining electronic and electrical equipment, 14 per cent are not working.

This, the ministry said, calls for urgent interventions, including building the capacity of stakeholders to ensure proper e-waste management, and adoption of appropriate treatment technologies.

Presently, the most common practices adopted for disposal of e-waste are acid baths, landfills and open air burning, which expose humans and the environment to toxic fumes and substance.

  • September 26th 2014 at 06:58

Plan to reduce importation of products with dangerous gases on course - Rema

By joelle

dangerous : Second hand refrigerators and air-conditioners emit gases that are dangerous to the environment and the ozone layer. (Net photo)
when the importation of second hand refrigerators, air conditioners and coolers into the country was outlawed, many thought they were being pushed out of business maliciously.

Those who embraced the new guidelines by the environment authority and trade ministry initially faced many challenges, according to dealers.

β€œWe were required to install new compressors, gauges and gases in imported refrigerators to replace the old ozone-depleting gases in the equipment to make them friendlier to the environment,” says Bazil Serikoko, a Samsung refrigeration products dealer.

Although this change demanded new efforts from business people, the end users are happy about the benefits they present, Serikoko, who is also a refrigeration and air-conditioning technician, explains.

β€œAfter replacing the old gauges, the refrigerator or cooler consumes less energy, which helps one save on power bills,” he says. He adds that it also uses minimal amounts of the refrigerant compared to the old equipment.

The directive from Rwanda Environment Management Authority (Rema) was informed by the Montreal Protocol on the protection of the ozone layer that Rwanda signed in 2003. This was followed by a Ministerial Order regulating the importation and exportation of ozone-depleting substances the following year.

The order targeted refrigerant gases, commonly known as chlorofluorocarbons (CFCs) that destroy the ozone layer, reducing its ability to shield the earth against harsh sun rays.

Thereafter, the Rwanda Standards Board (RSB) and Rema issued more guidelines and conducted several campaigns to promote a green economy.

With the ban earlier prioritising phasing out the most harmful refrigerant gases first, eventually all harmful CFCs would be disregarded for use as refrigerants in home appliances, according to Rema officials.

According to Juliet Kabeera, the ozone focal person at Rema, the plan was to reduce the usage of the refrigerant R22 by 30 per cent by 2015.

This means that importers must ensure equipment brought into the country meet sstandards and pose no danger to the environment.

Rema officials say the target is to get rid of all equipment that use R22 gases. Currently, the importation of refrigerant CFCs such as R11, R12, R22, is illegal, according to RSB.

β€œThey are a threat to the environment and we recommend usage of only environmentally-safe refrigerants,” says Olivier Rukundo, the head of the import inspection section at RSB.

Rukundo says refrigerants with a lesser effect on the ozone layer, as well as the environment include R134A, R600 and R410.


  • September 25th 2014 at 07:44

Umutara polytechnic

By joelle

Location : Nyagatare, Rwanda
Size : 4,000 students and 250 staff
Cost : 432,500 Rwf– 482,500 Rwf
Majors : Agriculture, Commerce and Applied Economics, Information Technology, Veterinary Science, Communication and Languages

Contact :
Umutara Polytechnic (UP)
P.O. Box 57
Nyagatare, Rwanda
Tel : +250 788777744
Email : [email protected]
Website : http://www.umutarapolytech.ac.rw

Umutara Polytechnic (UP) was established as an institution of higher learning in 2006 on the site of a former rural secondary school. In 2009, the institution was gazetted as a public high learning institution by an act of parliament and is fully regulated and funded by the government. To support the economic transformation of Rwanda, UP is focused on vocational and technical diploma and degree programs.

The Vision of Umutara Polytechnic
To become the most highly regarded institution in the country and region for the practicability and relevance for our programmes and the success of our graduates at getting and creating jobs.

The Mission of Umutara Polytechnic
To contribute to sustainable development through the provision of well-trained human resources using knowledge based tools, by education and enlightening students and the community through research and the transfer of knowledge and diversified skills that are relevant to the development needs of the country.

UP is located in Nyagatare in the Eastern Province of Rwanda.

1. Faculty of Agriculture
Β· BSc in Animal Production
Β· BSc in Agronomy
Β· BSc in Horticulture
Β· BSc in Soil and Environmental Science
Β· BSc in Agricultural Economics and Rural Development
2. Faculty of Commerce and Applied Economics
Β· BSc in Accounting
Β· BSc in Finance
Β· BSc in Marketing
Β· BSc in Procurement
Β· BSc in Human Resource Management
Β· BSc in Economics
3. Faculty of Communication and Languages
Β· Bachelor in Communication and Public Relations
Β· Bachelor in Advertising and Marketing Communication
Β· Bachelor in Journalism, Broadcasting and Organizational Communications
Β· Bachelor in Visual Communication and Graphics
Β· Bachelor in Translation and Communication (Kinyarwanda, English, French, Swahili)
4. Faculty of Technology and Applied Sciences
Β· BSc in Building and Construction Engineering
Β· BSc in Surveying and Geomatic Engineering
Β· BSc in Electrical and Electronic Engineering
5. Faculty of ICT
Β· Bachelor of Technology in Information and Communication Technology
Β· BSc in Business Information Systems
6. Faculty of Veterinary Medicine
Β· BSc in Veterinary Medicine and Surgery
Β· BSc in Livestock Production and Technology Development
Β· BSc in Wildlife and Aquatic Resources Management
Β· BSc in Environmental Health and Epidemiology

To be admitted into UP on a Diploma Programme, a student is required to have obtained 1.5-1.9 points at A level. To be admitted on a Degree Program of any course, a student is required to have obtained 2 points and above at his/her A-level.

To register with UP, a student must present the following :
Β· Notified A-level certificate or its equivalent
Β· Photocopy of National ID or Passport
Β· 2 Passport size photographs (white background)
Β· Reports of 3 previous years in secondary school
Β· The required registration fee (42,000 Rwf)

  • September 23rd 2014 at 06:09

Entrepreneurship : Sisters rule Kigali events management industry

By joelle

L-R : Mariam Kayitesi, Habba Batamuliza and Faridah Kamaliza. (Courtesy)
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While growing up, Faridah Kamaliza, Habba Batamuliza and Mariam Kayitesi, always did things together. The three sisters used the same approach when they decided to start an events management business. They have defied the odds and old stereotypes, taking the events management sector by storm. They told Business Times Pontian Kabeera what inspired them to join the male-dominated business world

Tell us about your business ?

Though we are sisters, we ventured into events management individually on a freelance basis.
So, by the time we decided to form a company, we had gained a lot of experience in events management and wanted to use our expertise maximally.

Because all of us had a natural passion for organising functions, we figured it was time we capitalised on it to start a business. That's how Hakaifah Group, an events management and consulting company, was born.

We offer complete event planning and management services, entertainment and special events co-ordination and promotion ; organise weddings, birthday parties, conferences and many other events. We offer tailor-made services for companies, organisations, organise trade fairs and festivals and family events across the country.

We ensure attention to detail and quality event presentation in all we do.

Did you face any challenges when starting out ?

Typically, like any start-up, the biggest challenge is to have that first client who will trust you to manage their event. Securing enough investment capital was also a challenge since we hadn't saved up enough money by the time we opened shop. Though we still face challenges here and there, we try our level best to solve them. The Kigali-based company presently employs five permanent staff.

Some of the youth who work with Hakaifah Group. (Pontian Kabeera)
Would you advise a person with little savings to venture into business ?

Some people, especially the youth, think that starting a business requires a lot of money ; what makes a business grow or fail is ones dedication and determination to make it work. Of course you will need some little money to kick-start the enterprise.

For us we were some how lucky because we started with Rwf1 million which we had saved over time.

Some people, especially the youth, claim that saving money for a future venture is hard and instead squander even the little they have on luxuries. For us we vowed from an early age that, come rain or sunshine, we would be β€˜our own bosses' in the future.

So we started saving some of the money our parents gave us to buy clothes or shoes.

What are some of the events you have organised ?

We have been behind some of the successful events, including the Annual Agricultural Show, Kwita Izina and Fespad, a cultural festival and the Private Sector Federation's annual Rwanda International Trade Fair.

For us, this is a great achievement that underlines our quality service that has won the trust of big companies and organisations.

Therefore, business people should always remember that quality service speaks volumes, and sells your brand or service.

Faridah Kamaliza says all the big deals they have handle were won through competitive bidding.


  • September 23rd 2014 at 05:37

Why investors will have to wait a bit longer for municipal bonds

By joelle

The City of Kigali new offices. Districts can use money realised from a bond issue to fund infrastructure projects, among others, which require a lot of finance to implement. (Timothy Kisambira)
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The local bourse has over the past year attracted a lot of interest, especially following the issuance of the different government and corporate bonds that have all been oversubscribed.

This development underlines the huge potential of the stock market as a source of development finance for government and the private sector.

The Capital Markets Authority (CMA) and the Ministry of Local government have been planning municipal bond issuance for about three years now, but it was not until April this year that enabling guidelines and regulations were published by the Office of the Prime Minister.

Through a municipal bond issue, a district can borrow from individuals or private firms and repay with interest after a specified period thereby reducing reliance on central government for funding.

On the other hand, SMEs can sell shares to the public on the alternative market segment to raise investment capital instead of acquiring expensive loans from banks.

However, as the government reaps the benefits that the Rwanda Stock Exchange presents ; the private sector (read SMEs) and local governments are noticeably absent despite the enabling laws in place.

To make matters worse, when Business Times asked a number of district mayors, most of them were either not aware of the operationability of the bonds or haven't prioritised the idea in their development plans.

β€œMuch as we were sensitised about it, I don't know of any district that has expressed interest in a municipal bond issue to raise development finance,” said Jacques Rutsinga, Kamonyi District mayor.

Rutsinga, however, said it is a good idea since it shows them how they could raise money without depending on the annual national budget allocations.

β€œThere are projects the district is undertaking that can benefit from such a bond issuance,” he noted.

Some of the projects Rutsinga pointed out mainly included infrastructure like the construction of roads or markets which would create flourishing economic activities for people in the district.

β€œThese projects are always there and can be funded at once if we used bonds rather than wait for government funding,” he said.

Unfortunately, Rutsinga just like other mayors we interviewed doesn't see any of the issuances happening during this financial year or in the next. This is despite the fact that the Capital Markets Authority has been sensitising the 30 district mayors on how they can plan municipal bonds, and how they stand to gain.

β€œWe took local government leaders through what it takes to issue a bond, and are still working with them on the matter,” Robert Mathu, the CMA executive director, said.

He, however, said he can't know which district is interested, noting that the local governments work with the local government and finance ministries on financial management prior to issuing.

But it looks like there is a lot to be done to make that a reality. Leandre Karekezi, the Gisagara District mayor, said CMA officials only talked to them about municipal bonds last year, but β€œwe didn't learn anything on how it all works”.

The City of Kigali mayor, Fidel Ndayisaba, recently said a municipal bond issue is not in the city plans this financial year.

However, Philbert Mugisha, the Nyamagabe District mayor, said the district council is discussing the possibility of issuing a municipal bond.

β€œWe are still discussing which projects to finance using the bonds, but this will be after meeting officials from the National Bank of Rwanda (BNR) and Ministry of Finance,” he said.

The lack of enthusiasm on the prospect explains quite a lot on the performance of the fixed income securities segment at the Rwanda Stock Exchange, which sector players say is inactive because of low awareness levels.

A paltry Rwf57 million was traded in bonds in eight transactions during the first half of this year from five bonds listed at the bourse, according to central bank figures.

This year, the government resumed its debt issuance programme with quarterly Treasury bond issuance to finance infrastructure projects in its current budget. Municipal bonds too, have constantly been talked about and would fetch similar interest or more as the previous bonds considering Rwanda's strong investor confidence and impressive credit rating.

However, most districts seem not to understand how they can raise development funds through municipal bond issuance.

β€œWe don't have any information on the projects districts would like to finance using the bonds. If local governments want to issue bonds, they should not stay in their offices.

β€œThey should come to Kigali and talk to brokers,” advised Shehzad Noordally, the chief executive officer of CDH Capital, a brokerage firm.

Noordally noted that information about municipal bonds was not being disseminated well, saying if this mistake is not corrected, districts may never issue any bonds.

β€œWhen you go to Gisenyi, for example, there are district infrastructure projects that can benefit from a bond issue. But local government have not invited us to visit such projects and advise them how they can use the stock market to raise money to implement them,” he said.

He advised districts to work as private sector bodies in order to have a sense of responsibility on managing the projects and servicing the bonds.

Mathu, however, urged brokers to visit districts to β€˜sell' them the idea and advise them on how to go about the process.

β€œCapital markets require disclosure and following a process. That is why for us we started with the sensitisation of the mayors then asked them if they have projects that could be funded using the bond issuance,” Mathu noted.

β€œTherefore, brokers should ask districts about potential projects and advise them accordingly, and not the other way round.”


  • September 23rd 2014 at 05:29

RCA rewards Kigali's top performing coops By : MICHEL NKURUNZIZA

By joelle

Rutunga Sacco's Gatete (left) receives a certificate from City of Kigali mayor Ndayisaba. Rutunga is one of the six co-operatives in Kigali that were awarded for their good performance. (Michel Nkurunziza)
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Six co-operatives operating in the City of Kigali have been rewarded by the Rwanda Co-operative Agency (RCA) for their impressive performance in the last financial year.

They include three Saccos and three non-financial co-operatives, and received a certificate and Rwf100,000 each.

They are Gasabo District's Sacco Rutunga, which scored 80 per cent to emerge top among the financial co-operatives category. Mageragere, from Nyarugenege District, was the second with 76 per cent, while Kicukiro District's Nyarugunga Sacco was third with 60 per cent.

Maize and soya bean grower Co-operative des Multiplicateurs de Semences Selectionnes (COMSS) was the best among non-financial co-operatives, scoring 74 per cent, followed by furniture-makers Co-operative des Menuiseries des joyeux de Gakinjiro (COMEJOGA), from Nyarugenge District with 71 per cent, while Gasabo's Association pour la promotiondes jeunes et le Developement au Rwanda (AJDR) came third.

The six beat 853 other co-operatives to the prizes, said Damien Mugabo, the director general of the Rwanda Co-operative Agency.

Mugabo said the co-operatives were judged on prudent economic management, transparency in approving loans, planning, as well as profitability of the co-operative and proper co-ordination of activities.

Speaking during the awards ceremony at city hall on Thursday, Fidele Ndayisaba, the City of Kigali mayor, pledged the city authority's continued support to co-operatives, saying the latter play a big role in development of the country.

β€œSaccos promote financial inclusion, so they should be supported to deliver on their mission,” he said.
He advised Saccos to always evaluate projects submitted for funding to ensure that only deserving ones are supported.

β€œLend to borrowers who have viable projects and ensure they repay the loans in time,” Ndayisaba said.

He warned corrupt officials, saying anyone caught red-handed would be dealt with severely.

Rutunga Sacco's board chairman Anastase Gatete attributed the group's performance to innovations employed in debt recovery. He said they disbursed Rwf197 million in loans, of which 92 per cent was recovered.

β€œWe give out loans in a transparent manner and depending on the viability of the applicant's project,” he added, noting that the coop's loan committee and employees observe good governance.

The Sacco has now won such prizes three times since 2011.

β€œIn 2012, we won at the national level, where we received Rwf500,000 prize money,” he said.

COMSS president John Gahozaho said the co-operative observes best financial practices and work ethic. He said because of their dedication, Rwanda Agriculture Board gave them 100 hectares of land to grow maize and soya bean. β€œWe are now constructing two warehouses with the capacity to store 500 tonnes of produce, and house a conference hall, he added.

The co-operative started in 2008 with a Rwf1.4 million working capital and 278 members, each of whom contributed Rwf5,000. It was registered in 2012.


  • September 22nd 2014 at 06:42

Karisimbi hotel

By joelle

Address : Rue Kalisimbi, District Nyarugenge, Kigali, Rwanda
Location:Rwanda > Kigali Province > Kigali
Price Range (Based on Average Rates) : $
Also Known As :
Isimbi Hotel Kigali

phone number :+250788517073/+250252575128/+250733335551

e-mail:[email protected]

website :www.hotelkarisimbi.com

A Contemporary Stylish Hotel
Karisimbi Hotel is a contemporary stylish hotel that provides all the comfort convenience and efficiency to ours customers. The Hotel is built within the fantastic location, where a new person who comes will simply love it.
The dedicated team of management & staff at Karisimbi take every care to make your stay a comfortable one. Situated ideally a few minutes drive from the heart of the city, it still manages to be away from the hustle & bustle of the city

  • September 22nd 2014 at 06:04

lemigo hotel

By joelle

Address : PO Box 2770 | Kimihurura-Rugando, Kigali, Rwanda
Location:Rwanda > Kigali Province > Kigali
Price Range (Based on Average Rates) : $$$
Hotel Class:4 star β€” Lemigo Hotel 4*

phone number :+250784040924

website :www.lemigohotel.com

Reservation Options :
Lemigo Hotel. With everything right where you need it. Be it luxury or comfort, we have it all in one package.Lemigo brings a refreshingly unique experience to Rwanda. Conveniently located in Kimihurura-Rugando. It is just 10 minutes drive from Kigali International Airport. Relaxation reigns here amid a serene landscape. Set in a serene environment, the hotel is sandwiched between International Organizations of repute.

Lemigo is a unique business lifestyle hotel that caters comprehensively to the needs of the discerning business traveler in an environment of luxurious resort living. Set in a tranquil location within Kigali's business district, the hotel is distinguished by design innovations and the latest lifestyle trends combined with tailored work experiences.Elegant contemporary rooms and suites combine luxurious living quarters with functional office space. Full business facilities and meeting rooms offer ultimate convenience. Dine and entertain according to your mood or the occasion in the vibrant mix of restaurants and bars. Unwind by the pool or with spa therapies in the health club. At Lemigo, experience a refreshingly new and sophisticated style of living, working and relaxing in the city.

  • September 22nd 2014 at 05:46

city blue hotel,embassy row

By joelle

The CityBlue Hotel, Embassy Row is located on the most prestigious street in the country : Boulevard de L'Umuganda.

Our hotel is on the same street as the US Embassy, the UK High Commission, the South African High Commission, the Kenyan High Commission, the Embassy of Burundi and the Embassy of Egypt, yet in proximity to Australian High Commission, the Embassy of Japan, the Embassy of the Netherlands, the offices of the European Union (EU) in Rwanda, the Food Agriculture Organisation (FAO) in Rwanda, the International Committee of the Red Cross (ICRC) in Rwanda, the Japan International Cooperation Agency (JICA) in Rwanda, the Umubano Hotel, the United Nations Children Fund (UNICEF) in Rwanda, the United Nations Development Programme in Rwanda, the United Nations Population Fund (UNFPA) in Rwanda, the World Food Programme (WFP) in Rwanda and the World Health Organisation (WHO) in Rwanda.

Within 15 minutes of Kigali International Airport by car and nestled within the prestigious area of Kacyiru, this CityBlue Hotel also lies a stone's throw from the new

Kigali Convention Centre.

With such neighbours, CityBlue Hotel, Embassy Row, Kigali is in great company and yet only a few minutes by car from the exclusive suburb of Nyarutarama, the eclectic bars and restaurants of Kimihurura and the commercial hub of downtown Kigali.

All the bedrooms are equipped with complimentary Wi-Fi, power showers, luxury mattresses and flat-screen TVs equipped with all the news, sports and entertainment channels. There is also a 40 person conference room with all the latest technology and a magnificent restaurant and bar, known as Harry's Bar & Grill.

e-mail:[email protected]

phone number :+250787811111

  • September 22nd 2014 at 05:13