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Category: Business
Escalating Violence Drives Mass Displacement in Sudan’s Kordofan
Escalating violence in Sudan continues to place civilians at extreme risk. As a result, tens of thousands of people have fled their homes across the Kordofan region, the United Nations said on Tuesday. According to United Nations, fighting between October 25 and December 30 displaced about 65,000 people from multiple locations in Kordofan. Sharp Rise…
Oil Depot Explodes in Russia’s Belgorod After Drone Attack
An oil storage facility in Russia’s Belgorod region exploded after a drone attack attributed to Ukrainian forces, regional authorities said on Tuesday. Vyacheslav Gladkov, the governor of Belgorod region, confirmed the incident in a statement shared on social media. Storage Tanks Catch Fire According to Gladkov, several fuel storage tanks caught fire following the explosion….
Trump Says Venezuela Will Transfer Oil to US
US President Donald Trump announced that interim authorities in Venezuela will transfer between 30 million and 50 million barrels of oil to the United States. The crude, currently in storage and subject to US sanctions, will be sold at market prices, he said. Trump posted the announcement on his social media platform, characterising the plan…
Climate Shocks Renew Calls to Expand Farmers’ Insurance
Climate shocks have renewed calls to scale up crop and livestock insurance for farmers in Rwanda. Currently, only six percent of farmers have insurance coverage, according to the Rwanda Agriculture and Animal Resources Development Board (RAB). As a result, many farmers suffer heavy losses during droughts, floods, hailstorms and landslides. In contrast, insured farmers are…
At Least 25 Killed in Nationwide Protests in Iran
At least 25 people have died during nationwide protests in Iran, according to human rights groups. The demonstrations entered their ninth day on Tuesday after erupting over worsening economic conditions. The unrest began in Tehran’s Grand Bazaar. Protesters initially rallied against the sharp fall of the rial and rising inflation. However, the demonstrations quickly spread…
DJ Toxxyk Set to Appear in Court Over Fatal Hit-and-Run
Disc jockey Arnaud Shema, popularly known as DJ Toxxyk, is expected to appear before the Nyarugenge Primary Court for a bail hearing. The case relates to a hit-and-run accident that claimed the life of a police officer who was on duty. The National Public Prosecution Authority confirmed that it received the case file on December…
City of Kigali Explains Adjusted Land Tax Rates
The City of Kigali has explained the recent adjustment of land tax rates payable per square metre. The city council approved the new rates in February 2025. The explanation follows concerns from residents who reported sharp increases in land tax. In many areas, the rate rose to a maximum of Rwf80 per square metre. Previously,…
Six Major Technology Events Coming to Kigali in 2026
Kigali is preparing for a busy 2026 as several major technology events come to Rwanda’s capital. As a result, the city will attract global innovators, investors and policymakers. In recent years, Kigali hosted successful events such as Mobile World Congress Africa and the Inclusive FinTech Forum. Consequently, these events strengthened Rwanda’s ambition to position the…
Rwanda Parliament Passes New Road Traffic Law
Rwanda’s Chamber of Deputies has passed a new road traffic law, replacing legislation that had been in force for 38 years. Lawmakers say the updated framework reflects modern transport realities and aims to reduce road accidents and fatalities. Parliament approved the law on January 5, 2026, at 9:30 p.m. Seventy-seven deputies voted in favour after…
Rwanda Extends Gorilla Trekking Discounts Until End of 2026
The Rwanda Development Board has extended promotional gorilla trekking permit rates for Rwandans and African visitors until December 31, 2026. The offer applies to visits at Volcanoes National Park. RDB announced the decision in a public notice released on January 5, 2026. The agency said the move aims to strengthen domestic and regional tourism. However,…