The Doing Business 2014 report published by the International Finance Corporation (IFC) and the World Bank named Rwanda among the best performing countries on many fronts. Not only did it come top in five years combined, it also managed to register 37 reforms within that period of time. Rwanda is now the second best place to do business in Africa after Mauritius. This is a result of consistent structural reforms over the years with view to easing doing business in the country. The road has not been easy and many barriers had to be surmounted – social, political, financial and even cultural. The results of the reforms are there for all to see, the economy has grown astronomically, the service industry has continued to improve and new innovations have taken root. But despite all the positive outcomes that have been spurred by the business reforms, Rwanda Development Board (RDB) should not sit on its laurels. They need to maintain the same focus on weak areas that may derail this country’s transformation. Rwanda has resolved to run where others walk. That has been the secret of its success in recent. There is no doubt the will to achieve more is there. If government policies that were introduced have managed to reduce the number of days it takes to register a company from weeks or even months to just six hours, what is insurmountable? Let’s stay the course.
