Fix minimum capital for FDIs

Editor, It is about time that Rwandans know about all these mushrooming foreign investors around the country. Surely, foreign small businesses not only kill our small businesses, but don’t create employment with a decent salary.

Monday, November 18, 2013

Editor,It is about time that Rwandans know about all these mushrooming foreign investors around the country. Surely, foreign small businesses not only kill our small businesses, but don’t create employment with a decent salary.  There is need for a national debate about the matter. Let us borrow a leaf from Ethiopia and fix minimum capital which a foreign investor should have before investing in Rwanda.It is about time we started paying attention to the quality of businesses FDIs bring in and the benefits they bring to the people.Innocent Hitayezu, KigaliReaction to the story, "Envoy cautions against ‘low value’ investors”, (The New Times, November 15)