Rwanda means business

Rwanda which was ranked 150th in 2008 and 139th in 2009 World Bank Doing Business Report, has taken a huge step in this year’s report, jumping 72 places to the 67th and ranking as top business reformer in the world. The leapfrog Rwanda has made in this year’s ‘Doing Business Report’ should not come as a surprise to many, though it’s not a mean feat. For those who keenly follow what goes on, this is simply recognition of the government’s wider efforts aimed at promoting Rwanda as a business and investment destination. Therefore, Rwanda’s ranking should give confidence to investors who want to do business in this country. Rwanda is no longer that bleeding nation that came to its knees in 1994. Instead, the country is now looking to the future with the desire for growth of the private sector and wealth generation. Progress is sometimes slow. But Rwanda has proven that a committed leadership with a focused vision, progress does not need decades or centuries to be realised. A lot in terms of business friendly policies have been put in place. As the ‘Doing Business Report’ notes, Rwanda has made progress in establishing a conducive legal framework, streamlining procedures, reducing red-tape and improving service delivery in order to encourage domestic and foreign investment. Above all, the government’s zero tolerance to corruption as a function of good governance, demonstrates the political will to create an enabling business environment. By comparing Rwanda with other countries in the “Doing Business Report,” investors are able to make informed decisions---on where to gain value for each dollar they invest. The ‘Doing Business Report’ speaks for itself. It provides a true independent picture for investors to make their own judgements. The ranking Rwanda has attained should send a clear message that Kigali means business. Ends

Opinions

Rwanda means business