Business

Local artisans will in three weeks time start using the online trading platform for their products, a move that is expected to boost revenues from handicraft exports.

The RSE market yesterday recorded a lower turnover compared to the previous day trading session.  The total turnover for the day was Rwf 5,328,600 from 1,800 BK shares and 15,000 Bralirwa shares traded in 2 deals compared to yesterday’s trading session which recorded a turnover of Rwf 7,685,500 from 35,200 BK shares and 9,500 Bralirwa shares traded in 8 deals.

Telecom giant, MTN Rwanda and the country’s leading lender, Bank of Kigali (BK), have entered into partnership to extend financial services to the unbanked population through mobile banking.

Barclays PLC, the second largest bank by assets in Britain, has agreed to pay more than 450 million U.S. dollars to settle U.S. and British joint charges that it attempted to manipulate interest rates and made false reports concerning global benchmark interest rates, U.S. regulators and the bank itself said on Wednesday.