For along time, business in Rwanda has suffered bureaucratic delays, cumbersome procedures, regulations, laws and other government tendencies which cause delays.

However, the good news is; a study to assess costs businesses incur because of red tape system in the country has been launched and is to be conducted by South Africans in collaboration with the Private Sector Federation (PSF) and GTZ.

The study will identify regulatory and administrative barriers to business development. Stakeholders including government institutions, companies and experts have already been consulted.

Much as this is a good strategy for business in Rwanda, caution should be taken when dealing with government institutions like Social Security Fund of Rwanda (CRS). Coupled with high costs of electricity and time consuming procedures, CRS would make it hard for some investors to invest in the country especially if they compare the situation with other neighboring countries.

Even then, we are optimistic that with the knowledge acquired from the study, trade in Rwanda will be eased and the country made a leading investment destination.

NYABUGOGO