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Projet: Emission Club de la Presse: "Urubuga rw’Itangazamakuru "

Activité:Talk show ″Urubugarw'itangazamakuru″ (Club de la presse)

Date:12/12/2021

Auteur(s):
  • IPGL
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The Government of Rwanda continues to attract investors to come and invest in Rwanda in various sectors including the construction of hotels, factories and commercial buildings.

 Some say Rwanda is a good country to invest in and others say they have suffered losses until they are auctioned off.

"Urubuga rw’Itangazamakuru" (Club de la Presse) of this Sunday 12-12-2021 broadcasted in synergy by twelve radio and two TV stations across the country focused on “Investment in Rwanda: benefits and challenges"

 

Invitees

Ruziga Emmanuel Masantura /Journalist

Ntigurirwa Peter/ Businessman

Invitees explained that investment in Rwanda fell by 41.1% due to the 19 Covid-19 pandemic.

Figures show that by 2020 it would have grossed $ 1.3 billion while in 2019 it would have grossed $ 2.4 billion; Investors in industry and construction accounted for 68%, while other sectors, including agriculture, energy, ICT and financial services, accounted for 32%.

Analysts point out that while Covid19 has severely disrupted investment in the country, there is also the problem of investors often investing in projects without planning and leading to losses. Another issue they highlighted is the small domestic market and high tax rates.

The invitees argued the government to help investors so that they can work again and in a sustainable way, preventing some from bankrupt, being auctioned off and closing permanently.

They recommended that the government should increase the amount of money it has invested in the Economic Recovery Fund and that the requirements to access to this fund to be simplified.

 

 

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