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By at May 21, 2015 | 11:14 am | 0 Comment

KT Press has obtained leaked details regarding the much awaited Crystal Telecom IPO as shown in the following table below. KT Press could not reach Crystal Ventures, but we spoke to Rwanda Stock Exchange CEO, Celestin Rwabukumba to confirm the details. “It was leaked,” he said, but defended whoever released the details that, “We realized later that it was a more...

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MTN shares cross-listed

By at May 21, 2015 | 10:15 am | 0 Comment

MTN shares cross-listed

Crystal ventures limited is cross listing its twenty five percent in mobile telecommunications giants MTN on Thursday at the Rwanda stock exchange (RSE). The IPO opens on Thursday and will last a fortnight to give the public a chance to resale their shares on the secondary market. A total of 270,177,320 shares will be available with each share having an initial more...

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Olleh Rwanda gives Simba supermarket green light to retail 4G internet

By at May 14, 2015 | 5:12 pm | 0 Comment

Olleh Rwanda gives Simba supermarket green light to retail 4G internet

Simba  supermarket, the country’s second largest will   join  telecom  companies and other Internet  Service  providers to  sell  the  4G  LTE internet,  a move  that is likely to  increase  its usage. Patrick Yoon, Chief Executive Office-CEO of Olleh Rwanda networks says that Simba supermarket   will play role in taking the 4G internet closer to more...

English , featured , Internet

Airtel strengthens presence at border towns ahead of cross border Airtel money launch

By at May 8, 2015 | 12:03 pm | 0 Comment

Airtel strengthens presence at border towns ahead of cross border Airtel money launch

Rwanda’s third telecom (based on the subscribers) Airtel Rwanda is now strengthening its foot print in border towns ahead of its cross border Airtel money launch to be announced in few weeks. The Telecom  that has finalized its pilot phase to  ascertain  the compatibility  of its platform with  its  sister  companies  in  Kenya, Uganda, Tanzania and  more...

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120 Rwandans Subscribe to Internet Every Hour

By at May 8, 2015 | 10:37 am | 0 Comment

120 Rwandans Subscribe to Internet Every Hour

Every hour, about 120 Rwandans subscribe to internet, according to the country’s ICT sector survey of 2014, which is yet to be made public. Between 2013 and 2014, about 1,043,813 Rwandans subscribed to internet, meaning on average, 120 Rwandans subscribed per hour. The survey, of which KT Press has obtained a copy, was conducted by the Ministry of ICT and found out more...

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Low internet usage retarding economy

By at May 7, 2015 | 11:47 am | 0 Comment

Low internet usage retarding economy

The  low numbers of internet  users  mainly  on mobile devices is  affecting the  implementation  of a  technology based economy, the country  is    currently  embarking on to  leapfrog   the economy to middle income  by 2020. The Ministry  of youth  and ICT  puts  the  internet  usage  in the country at 30 percent  compared to 50 percent more...

English , featured , Internet

MTN introduces tax payment platform

By at April 30, 2015 | 1:44 pm | 0 Comment

MTN introduces tax payment platform

MTN Rwanda has partnered with Rwanda Revenue Authority (RRA) to offer taxpayers an easier way to pay their taxes using the MTN Mobile Money platform. Speaking at the launch of the Mobile Money tax innovation at the MTN offices in Nyarutarama today, MTN CEO, Ebenezer Asante said that this move is aimed at further easing up the process and cost of doing business by more...

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MTN supports school dropouts to resume studies

By at April 24, 2015 | 11:36 am | 0 Comment

MTN supports school dropouts to resume studies

[caption id="attachment_2674" align="alignnone" width="480"] MTN Human Resource General Manager Mary Asiimwe hands over a dummy cheque to the Mayor of Bugesera Louis Rwagaju)[/caption] As part of its cooperate social responsibility campaign, telecommunication company MTN on Thursday  handed over Rwf 8 million to support school children who dropped from studies in the more...

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Kwibuka21: MTN Rwanda commemorates 1994 Genocide against Tutsi

By at April 21, 2015 | 11:45 am | 0 Comment

Kwibuka21:  MTN Rwanda commemorates 1994 Genocide against Tutsi

MTN Rwanda joined Rwandans and the world paying respect to victims of the 1994 Genocide against the Tutsi, when they visited Nyarubuye Genocide Memorial Site; the chief executive officer, Ebenezer Asante was leading the staff. Speaking at the Memorial Site, Ebenezer Asante said that MTN as a company continually strives to do what they can to empower local more...

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Telecoms mobile money competition in high gear

By at April 21, 2015 | 11:35 am | 0 Comment

Telecoms mobile money competition in high gear

The Rwandan telecommunications mobile money transfer market is getting competitive even when there have been claims that the sector is not performing well due to the increase in competitors in the market. With three major players, MTN Rwanda, Tigo and Aritel, the sector has seen more innovation in the mobile money system, with MTN picking the last bit to introduce a more...

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