The IMF and the World Bank Should Say No To Cronyism...

An Open Letter to Ms. Christine Lagarde and Dr. Jim Yong Kim August 5, 2016 Ms. Christine Lagarde, Managing Director, The International Monetary Fund, 700 19th...

Rwanda Economy is Seriously Sick

The August 2014 World Bank Update confirms what we already know. Rwanda development "success" is mirage. Rwanda’s high growth even "before the aid shock...

KAGAME’S DEBT – IS IT BUILDING PRODUCTIVE CAPACITY OR DELUSIONAL FANTASIES?

Many Facebook friends requested that I look more closely at Rwanda's debt. Here are my findings. Kagame's Ministry of Finance has debt data that goes...

Accomplishments by Rwanda since 2000:GLASS HALF FULL OR HALF EMPTY?

I got this message in my in-box yesterday. BE POSITIVE FOR ONCE "Prof DH, why do you always give only bad news about our country? For...

Rwanda:It Has Launched Another Fund While Existing Ones Are Collapsing

The Regime of Mr. 3 Cents (Paul Kagame) Never Ceases To Amaze - It Has Launched Another Fund While Existing Ones Are Collapsing The regime...

Why is Rwanda unable to recover from the 2012 aid shock?

Peter K in Rwanda requested for a brief explanation of this matter. My answer is that this is because Rwanda became heavily dependent on...

VW To Launch Its Taxi Business In Rwanda At RWF450 Per...

By David Himbara Do you remember the noise about Volkswagen assembling four-wheel vehicles and luxury cars in Rwanda? Head of state General Kagame was then...

Rwanda drops: Why next year’s Doing Business indicators will be even...

This year's Doing Business report (2015) has caught Rwanda by surprise. Rwanda has dropped to 46th position from 32nd global ranking in last year's...

Kagame’s Banana Republic Has Recently Acknowledged Rough Times

By David Himbara Kagame’s banana republic has recently acknowledged some serious difficulties. These range from poor exports, massive imports, depletion of foreign reserves, to changed...

Kagame Loves To Denounce Foreign Aid. He Badly Needs Two Sets...

By David Himbara In 2016, President Paul Kagame ordered his government to set a deadline for ending Rwanda’s dependence on foreign aid. The Rwandan ruler...

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