Diamond Trust Bank banner | Coastweek


THE MOST FROM THE COAST !

..


 Coastweek website


XINHUA NEWS SERVICE REPORTS FROM THE AFRICAN CONTINENT

 

Rwanda regulator approves mergence of major telecom operators   

KIGALI Rwanda (Xinhua) -- Rwanda Utilities Regulatory Authority (RURA) Wednesday said it had approved the acquisition of Tigo Rwanda, a major telecommunication company in Rwanda, by its rival Airtel.

“As such, RURA announces the transfer of all shares of Millicom International Cellular S.A. in TIGO Rwanda to Airtel Rwanda Ltd.,” said a statement released by RURA.

Tigo Rwanda is a subsidiary of Millicom International Cellular S.A..

The consolidation of the two operators is expected to bring industry stability, improved quality of services and product innovation, according to RURA.

The statement said subscribers will not be required to change their existing TIGO telephone numbers and existing TIGO cash services will not be affected.

Statistics released by RURA in October 2017 shows that Tigo had 40-percent share of Rwanda’s total 8,675,826 active subscribers, compared to MTN’s 41 percent, while Airtel had 19 percent.

Millicom said in a statement in December that it signed an agreement for the sale of its Rwanda operations in line with company strategy to focus on providing advanced fixed and mobile data services in Latin America.

Latin America markets contribute 86 percent of Millicom’s group revenue, according to the website of Millicom.

.

EARLIER REPORT:

Rwanda to focus more on investing in water
harvesting, irrigation to enhance food security

KIGALI Rwanda (Xinhua) -- Rwanda will focus more on investing in water harvesting and irrigation infrastructures in marshlands and on hillsides in order to enhance food security and achieve economic prosperity for all Rwandans, said Rwandan agriculture minister on Wednesday.

“Development of irrigation schemes is part of the government’s program to achieve the overall vision of ending extreme poverty and promoting the country’s economic prosperity. Over the years, Rwanda depended on rain fed agriculture which had put the country at risk of food shortages resulting from prolonged dry seasons,” said agriculture minister Gerladine Mukeshimana at a news conference on the status of food production in the country in the capital city of Kigali.

Mukeshimana said irrigated land surface on hillsides covers about 50,000 hectares which has strengthened the agriculture sector’s efforts to produce high value crops most especially horticultural produce.

Food security situation remains under control whereby the country targets to produce 775,114 tons of maize and 585,439 tons of beans in 2018 harvest in February, according to her.

She said that the country targets to increase irrigated land surface from current 48,508 hectares to 102,284 hectares by 2024, as well as value addition for agriculture sector will continue to be priority especially through irrigation and marshland development.

According to the ministry of agriculture, the Rwandan government has improved agriculture production through supporting farmers to construct water retaining dams and irrigation systems in almost all districts across the country, which enable farmers to get water for irrigation throughout the year, it said.

Agriculture in Rwanda accounts for a third of Rwanda’s GDP, read the website of Rwanda Development Board.

             

 

Remember: you read it first at coastweek.com !


 

TO ADVERTISE ON THIS WEB SITE:  www.coastweek.com
Please contact

MOMBASA - GULSHAN JIVRAJ, Mobile: 0722 775164 Tel: (+254) (41) 2230130 /
Wireless: 020 3549187 e-mail: info@coastweek.com

NAIROBI - ANJUM H. ASODIA, Mobile: 0733 775446 Tel: (+254) (020) 3744459
e-mail: anjum@asodia.co.ke

 
    © Coastweek Newspapers Limited               Tel: (+254) (41) 2230130  |  Wireless: 020 3549187  |  E-mail: info@coastweek.com