Economics

Soon, several gas stations in Kigali City will be demolished because they were built in areas that do not meet the required standards. In the near future, new construction regulations for gas stations will be revised to address the disorganized nature of this business sector. Building gas stations has become a popular investment for people […]

Over the past decade, there is no doubt that prices of goods and services in Rwanda have continued to rise. For example, a motorcycle ride that used to cost 1000 Frw can now reach 1500 Frw or more. This increase in prices happens naturally over time. In some cases, a slight increase can be beneficial

Globalization is the process by which economies around the world become increasingly interconnected. It allows countries to trade goods, services, and capital more freely, and it has had a profound impact on national economies. While globalization has led to economic growth and development for many countries, it also has challenges and downsides.   One of

Supply and demand are the fundamental forces that drive a market economy. These two elements determine the price of goods and services, and how much of them will be available in the market. When both supply and demand interact, they create what is known as a market price or equilibrium price. Supply refers to how