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

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

Date:26/12/2021

Auteur(s):
  • IPGL
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Since Covid -19 outbreaks in Rwanda; the economic crisis has been devastating, affecting the private, commercial and social sectors in citizens’ daily lives.

"Urubuga rw’Itangazamakuru" (Club de la Presse) of this Sunday 26-12-2021 broadcasted in synergy by twelve radio and two TV stations across the country focused on the “Strategies for Business recovery amid Covid 19”

 

Guests

Studio

-Dr .Ryarasa Joseph/ civil society

-Joel Rwirasira /Analyst in Economy

-Rwanyange Anthere/ Journalist

Phone Call:

-Teddy Kaberuka /Expert in Economy

-Habyarimana Straton/ Analyst in Economy

The guests pointed out that Covid 19 had disrupted the business due to the precautionary measures that reduced working hours, reduced hotel customers, permanently closed business etc.

They focused on the Recovery fund initiated by the government to support businesses most affected by covid 19.

They argued that the government has already allocated Rwf250 billion for Economic recovery fund  but there are concerns that the money has been given to large companies due to the established requirements that are difficult for the small private sector.

Some of the criteria include explaining your losses, paying taxes, showing your sales documents and keeping your employers accountable, which is difficult for small business owners.

Invitees criticize the fact that business owners have not been given in-depth information about the fund, and the fact that the interest rate of this loan required by the commercial banks is very high at 14% which is not at all different from the normal debt of the bank.

The guests concluded that the main problem of the fund is that there was not enough information available to the business owners, and that the concerned parties, including MINICOF, MINICOM, BNR, PSF, RDB and Commercial Bank, were silent and that the traders were missing out on information.

 

 

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